For further information contact:

 

Kristin Gray

Phone: 780.705.0073

kgray@bowragroup.com

 

 

Horizon Commercial Development Corp.

 

Overview

 

The Bowra Group Inc. was appointed Receiver Manager (the “Receiver”) of Horizon Commercial Development Corp. (the “Company”) on August 23, 2016 pursuant to a Court Order of the Court of Queen’s Bench of Alberta. The Company was assigned into Bankruptcy on August 26, 2016.  The Bowra Group Inc. was appointed Trustee in Bankruptcy.

 

The Company owns and operates a residential rental building with 311 rooms over 125 suites. The rental building is located directly North of MacEwan University and was intended to be a student residence.

 

For rental inquiries please contact the rental office at 587-921-6882 or thehorizonrental@gmail.com. The rental office is open Monday to Friday from 9:00am – 4:30pm and is the located in the lobby of the building at 10530 111St, Edmonton, AB.

File Updates

 

On September 21, 2017 Orders approving Distributions, Receiver’s fees and disbursements, approval of the Receiver’s activities and discharge of the Receiver were granted by Madam Justice Pentelechuk. 

 

The application dealing with the Receiver’s disbursements of the deposit accounts was adjourned to November 23, 2017 at 10:00am as set out in the attached Orders. Further information is available at https://www.horizondeposit.com/

On September 6, 2017, an Application approving distributions, Receiver’s fees and disbursements, approval of the Receiver’s activities and discharge of Receiver was filed in the Court of Queen’s Bench of Alberta. 

 

On July 11, 2017 an application to request approval of the Sale and Vesting Order was filed in the Court of Queen’s Bench of Alberta. The Order was granted by the Honorable Madam Justice D.L. Shelley.

 
Court Orders:

Order Approving Distributions, Receiver’s Fees and Disbursements, Approval of the Receiver’s Activities and Discharge of Receiver – filed October 3, 2017

Order Approving Distributions, Receiver’s Fees and Disbursements, Approval of the Receiver’s Activities and Discharge of Receiver – filed September 28, 2017

Sale Approval and Vesting Order – July 11, 2017

Court Order - August 23, 2016

Receivers Report:

Second Report to Court – September 6, 2017

First Report to Court – June 30, 2017

Creditors: 

 

The First Meeting of Creditors (“FMOC”) will be held on September 13, 2016, 10:00 AM at:

Aspen Conference Centre – Bell Tower

#202, 10104 – 103 Avenue

Edmonton, Alberta, Canada

First Meeting of Creditors (FMOC) Creditors Package

Certificate of Appointment

Application Materials:

Application Approving Distributions, Receiver’s Fees and Disbursements, Approval of the Receiver’s Activities and Discharge of Receiver – September 6, 2017

 

Fee Affidavit of Kristin Gray – September 6, 2017

 

Applications for Sale Approval – June 30, 2017

 

Brief of the Receiver – June 30, 2017

Vancouver Office: 

PO Box 72, Bentall One

505 Burrard Street, Suite 430

Vancouver, B.C.  V7X 1M3

Tel: 604 689 8939

Fax: 604 689 8584

Edmonton Office: 

TD Tower

Suite 1411 – 10088 102 Avenue

Edmonton, AB T5J 2Z1

Tel: 780 809 1224

Fax: 780 705 1946

 

 
  • Facebook Basic Black
  • LinkedIn Basic Black
  • Twitter Basic Black

© The Bowra Group.