On January 14, 2011, the Court terminated the CCAA proceedings for the reasons cited in the decision of the Honourable Justice Beaudoin. Immediately after the termination of the CCAA proceedings, Alberta Treasury Branches ("ATB"), the Envision Group's operating lender, appointed Ernst & Young Inc. (formerly RSM Richter Inc.) as Receiver and Manager ("Receiver") of the Envision Group.On March 18, 2011, Iona, Bow Valley and Western each filed an assignment for the general benefit of creditors ("Assignment") in the Judicial District of Calgary. Envision and Landex also filed Assignments in the Judicial District of Ottawa-Carleton on March 16, 2011. Ernst & Young Inc. (formerly RSM Richter Inc.) has been appointed Trustee of all of the estates. The engagement was subsequently transferred to Deloitte Restructuring Inc. effective August 10, 2016.
On May 22, 2019, The Receiver obtained its discharge.
On July 4, 2022, The Trustee obtained its discharge.
If you have questions or require further information, please contact Naomi McGregor at (403) 503-1423 or naomcgregor@deloitte.ca.
Last updated Jun 21, 2023
