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Page last updated: June 28, 2020
This page is for information purposes only and you should consult your professional adviser if you have any questions or are uncertain as to your rights or obligations.
On June 29, 2020, the Court granted the Approval and Vesting Order, Sealing Order, and the Distribution Order sought by the Receiver.
On June 22, 2020, the Receiver filed its First Report to the Court seeking, among other things, the approval of the sale of Proform's assets to 285319 Alberta Ltd., and a proposed distribution to Servus Credit Union. The hearing is scheduled for June 29, 2020. A copy of the First Report and application materials can be found in the Court Reports and Application Materials sections of this website.
On May 11, 2020, PricewaterhouseCoopers Inc., LIT was appointed Receiver of Proform Management Inc., Proform Concrete Services Inc., and Proform Construction Products Inc. (collectively referred to as "Proform") by the Court of Queen's Bench of Alberta ("Receivership Order"). A copy of the Receivership Order can be accessed under the Court Orders tab of this website.
This website will be updated as further information becomes available.