On August 28, 2025, E.C.P. Holdings (2014) Ltd. ("ECP") was placed in interim receivership by Order of the Court of King's Bench of Alberta.
Status:
A stay of proceedings is in effect and the Interim Receiver has taken possession to preserve and protect ECP's property.
On August 20, 2025, Effect Therapy Lethbridge South Ltd. ("ETLS") filed an assignment in bankruptcy pursuant to the Bankruptcy and Insolvency Act.
Status:
A stay of proceedings is in effect and the first meeting of creditors is scheduled to be held on September 10, 2025.
On August 17, 2025, Forden Energy Inc. ("Forden") filed a Notice of Intention to Make a Proposal pursuant to s. 50.4 of the Bankruptcy and Insolvency Act.
Status:
A stay of proceedings is in effect and Forden has been granted 30 days in which to file a proposal to creditors or apply to Court for an extension of time.
On July 31, 2025, Healy Precision Construction Ltd. ("Healy") filed a Notice of Intention to Make a Proposal pursuant to s. 50.4 of the Bankruptcy and Insolvency Act.
Status:
The Court of King's Bench of Alberta made an Order on August 15, 2025, extending the time to make a proposal and authorized a process for Healy to sell certain assets.