Receivership Proceedings
On December 4, 2020, pursuant to an order of the Court of Queen’s Bench of Alberta, Safeguard Real Estate Investment Fund IV Limited Partnership (“Safeguard IV”) and CEP LP Investment Corp. (“CEP”) (collectively, the “Debtors”) were placed into Receivership and BDO Canada Limited (“BDO”) was appointed as receiver and manager of the Debtors.
Application Materials
- Application materials (Appointment of a Receiver)
- Affidavit of Olakunle Popoola, sworn November 13, 2020
- Affidavit of Steven Patrick Butt, sworn November 26, 2020
- Affidavit of Ryan Murphy, sworn November 27, 2020
- Amendment to Property, Receiver Borrowings, Sales Process, June 21, 2021
- Application materials (Sales process, receiver’s borrowings, etc.)
- Application re: Sale Approval and Vesting Order, January 20, 2022
- Application re: Sale Approval, Receiver Activities and Sealing, March 25, 2022
- Application (re Approval of Sales, Approval of Activities, Sealing Order), December 10, 2024
- Application re: Sale Approval , Approval of Activities and Sealing Order, February 23, 2026
Court Orders
- Receivership Order, December 4, 2020
- Order (Sales process, receivers borrowings, etc.), June 22, 2021
- Sealing Order (Confidential Supplement to the First Report), June 22, 2021
- Order (Sale Approval and Vesting Amended), January 20, 2022
- Order (Approval of Receiver’s Activities and Fees), January 20, 2022
- Sealing Order (Confidential Supplement to Second Report), January 20, 2022
- Order (Sale Approval and Vesting), April 7, 2022
- Amending Order (Approval and Vesting Order), October 27, 2022
- Order (Sale Approval and Vesting- CAKO), December 12, 2024
- Order (Sale Approval and Vesting - SO), December 12, 2024
- Order (Sale Approval and Vesting - TDT), December 12, 2024
- Sealing Order (Confidential Supplement to the Fourth Report), December 12, 2024
- Order (Approval of Receiver's Activities and Fees), December 12, 2024
- Order (Sale Approval and Vesting - Tailwind), March 2, 2026
- Order (Sale Approval and Vesting - Second Tailwind), March 2, 2026
- Sealing Order (Confidential Supplement to the Fifth Report), March 2, 2026
- Order (Approval of Receiver's Activities and Fees, Distribution and Discharge), March 2, 2026
Receiver's Reports
- First Report of the Receiver, June 14, 2021
- Second Report of the Receiver, January 10, 2022
- Third Report of the Receiver, March 25, 2022
- Fourth Report of the Receiver, December 3, 2024
- Supplement to the Fourth Report of Receiver, December 10, 2024
- Fifth Report of the Receiver, February 23, 2026
Contact Information for Receiver
BDO Canada Limited
620, 903 8 Avenue S.W.
Calgary, AB T2P 0P7
Lorry Fritsche