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Three Sisters Mountain Village enters into receivership proceedings

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HSBC Bank Canada

On February 27, 2009, the Court of Queen's Bench of Alberta, Judicial District of Calgary, appointed PricewaterhouseCoopers Inc. as Receiver of Three Sisters Mountain Village and Three Sisters Resort Golf Corporation on the application of the plaintiff HSBC Bank Canada. Three Sisters is an upscale Canmore, Alberta resort specializing in high-end properties. HSBC Bank Canada is the major creditor of the resort. HSBC Bank Canada is being advised in these proceedings by Fasken Martineau with a team led by John Grieve and including, among others, Rinus de Waal, Michael Loberg and Stuart Blyth.


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