On October 7, 2025, by the Order of Justice Feasby (the “Receivership Order“) pursuant to section 243(1) of the Bankruptcy and Insolvency Act, RSC 1985, c. B-3 (the “BIA“), sections 13(2) of the Judicature Act, RSA 2000, c. J-2, 99(a) of the Business Corporations Act, RSA 2000, c. B-9, and 65(7) of the Personal Property Security Act, RSA 2000, c. P-7, B. Riley Farber Inc. operating as GlassRatner Restructuring Inc. (“GlassRatner“) was appointed as Receiver (the “Receiver“), without security, of all of Pathfinder Energy Ltd. and MCK Energy Inc.’s (collectively, the “Debtors“) current and future assets, undertakings and properties of every nature and kind whatsoever, and wherever situate, including all proceeds thereof (the “Property“). The Receivership Order was filed and became effective on October 15, 2025.
A copy of the Receivership Order and other relevant documents can be found below.
Inquiries
For inquiries, please contact:
Sara Corcoran
Corporate Insolvency Administrator | Restructuring
T: 437.294.4650
E: scorcoran@glassratner.com
The case updates and court filed documents on this website are for information purposes only and you should consult your financial or legal adviser if you have any questions or concerns about your rights or obligations. Additional updates on the status of these proceedings may become available in the future.
Documents
Application Materials
• Application for Receiver and Manager – October 6, 2025
• Affidavit in Support of Receivership – October 6, 2025
• Bench Brief of the Plaintiff – October 6, 2025
• Consent to Act – October 6, 2025
• Application – Returnable February 13, 2026
• Desk Application re: Revival
• Affidavit of Ryan Adlington re: Revival – August 24, 2026
• Secretarial Affidavit re: Revival – September 9, 2026
• Application – Returnable September 28, 2026
Court Orders & Endorsements
• Order of Justice Feasby (Receivership Order) – October 7, 2025
• Order of Justice Little (SISP Approval) – February 13, 2026
• Sealing Order of Justice Little – February 13, 2026
• Order of Justice J. Farrington (Temporary Revival) – September 10, 2026
• Order of Justice C.D. Simard (Sale Approval and Vesting Order) – September 28, 2026
• Order of Justice C.D. Simard (Sealing Order) – September 28, 2026
• Order of Justice C.D. Simard (Approval of Activities) – September 28, 2026
Receivership Documents
• Notice and Statement of the Receiver – October 23, 2025
• First Report of the Receiver – February 3, 2026
• Second Report of the Receiver – September 21, 2026
Sales Process
• SISP Procedure – Schedule “1”
• Confidentiality and Non-Disclosure Agreement (NDA)
Service List