Action Restoration Group
RECEIVERSHIP PROCEEDINGS
On April 15, 2016, the Court of Queen’s Bench of Alberta issued an Order appointing Hardie & Kelly Inc. as Receiver and Manager (the “Receiver”) of Action Restoration Ltd., Action Restoration RD Ltd., Action Asset Corporation and Step Above Exteriors Ltd. (individually, and collectively “Action”).
On September 27, 2016, the Receiver sought and received its discharge as Receiver of Action Asset Corporation. On February 6, 2018, the Receiver sought and received its discharge as Receiver of Action Restoration Ltd., Action Restoration RD Ltd. and Step Above Exteriors Ltd.
Applications
- Application-returnable-July-7-2016-templemont-sale
- Application-returnable-Sept-27-2016-allocation-and-action-asset-distribution
- Application-returnable-March 22-2017-interim FT distribution
- Application returnable February 5 2018 – allocation, distribution and discharge
Court Orders
- Receivership Order – April 15, 2016
- Templemont-property-sale-order-July-7-2016
- Allocation, distribution, and discharge Order-September 27 2016
- Initial FT Distribution Order March 22 2017
- Allocation, Distribution, and Discharge Order, February 6 2018
Receiver’s Reports
- First-report-of-the-receiver-dated-June-29-2016
- Second-report-of-the-receiver-dated-September-19-2016
- Third-report-of-the-receiver-dated-March-13-2017
- Fourth Report of the Receiver, dated January 29, 2018
BANKRUPTCY PROCEEDINGS
Action Asset Corporation
On September 15, 2016, Action Asset Corporation made an assignment in bankruptcy, pursuant to which Hardie & Kelly Inc. was appointed as Trustee of the bankrupt estate, with such appointment affirmed by its creditors at its first meeting of creditors held on September 26, 2016.
Action Restoration RD Ltd.
On November 2, 2016, Action Restoration RD Ltd. made an assignment in bankruptcy, pursuant to which Hardie & Kelly Inc. was appointed as Trustee of the bankrupt estate, with such appointment affirmed by its creditors at its first meeting of creditors held on November 16, 2016.
Action Restoration Ltd.
On December 21, 2017, Action Restoration Ltd. made an assignment in bankruptcy, pursuant to which Hardie & Kelly Inc. was appointed as Trustee of the bankrupt estate, with such appointment affirmed by its creditors at its first meeting of creditors held on January 8, 2018.
Step Above Exteriors Ltd.
On January 26, 2018, Step Above Exteriors Ltd. made an assignment in bankruptcy, pursuant to which Hardie & Kelly Inc. was appointed as Trustee of the bankrupt estate, with such appointment affirmed by its creditors at its first meeting of creditors held on February 13, 2018.
RECEIVER AND TRUSTEE CONTACT INFORMATION
For further information, please contact Ms. Jerri Beauchamp at jbeauchamp@insolvency.net or (403) 536-8503.