Bankruptcy Alberta

Kendax Investments Inc. vs. Donald Carmichael and 658051 Ontario Limited and Kingscroft Investments Limited

Alger & Associates Inc. was appointed Judicial Trustee of the property known as Bonaventure Court (municipally known as 205 Heritage Drive, Calgary, AB and registered as Condo Plan 8811686, Units 1 - 195) in accordance with Orders of the Court of Queen's Bench of Alberta ("Court") as posted below. On November 29, 2011, the Court approved the replacement of the Judicial Trustee from Alger & Associates Inc. to Grant Thornton Limited, following Grant Thornton’s purchase of Alger & Associates Inc.’s practice, earlier in 2011. As Judicial Trustee, we are a neutral party whose duties are outlined in the Judicial Trustee's First Report (February 20, 2003) as posted below. The purpose of this web site is to provide access to Orders, reports and documents to various interested parties.

Contact: David Lewis, Michael Costello, or Bruce Alger

Recent Events

• PLEASE DO NOT SEND ANY CORRESPONDENCE TO MADAM JUSTICE HORNER DIRECTLY - At the July 28, 2005 Court Application (continued)
  
  

• The Judicial Trustee has issued the 2011 Income Tax Reporting Letter, which will be mailed to Beneficial Owners with the interim distribution cheques the week of March 12, 2012. A copy of the income reporting letter is posted below.
  
  

• On February 23, 2012 the Judicial Trustee issued its Seventeenth Report to Beneficial Owners outlining the forthcoming interim distribution to Beneficial Owners, along with other relevant information. A copy of this report is posted below. The Judicial Trustee's 2011 income tax reporting letter will be issued concurrently with the interim distribution.
  
  

• On October 17, 2011, the Judicial Trustee filed its Fifth Special Report, issued on October 13, 2011, regarding the 29 units that were excluded from the Judicial Trustee's Fourth Special Report. A copy of the report is posted below.
  
  

• On July 23, 2010 Kendax Investments Inc. ("Kendax") filed a Statement of Defence to the Judicial Trustee's June 17, 2010 Statement of Claim against them, along with the related Demand for Particulars. On August 16, 2010, the Judicial Trustee filed its Reply to Demand for Particulars. On September 7, 2010 the Court added Bonaventure Small Investors Group ("BSIG") as an Intervener to this action. On September 30, 2010 the Judicial Trustee executed its Affidavit of Records. On May 3, 2011 Kendax executed its Affidavit of Records. On May 9, 2011 Kendax filed an application and affidavit in support of seeking an Order for security for costs against BSIG, with the matter to be heard in conjunction with the May 12, 2011 application referred to above. All of the aforementioned documents are posted below under "Statement of Claim & Defence - Kendax litigation" tab.