(rdnewsNOW/ Ian Gustafson)
By
not bankrupt
Apr 3, 2025 | 1:01 PM
Sunterra Quality Food Markets Inc., an Alberta-based company with multiple arms, including a line of grocery stores, has filed for bankruptcy protection.
More precisely, the company filed a notice of intention to make a proposal under the Bankruptcy and Insolvency Act, with Harris & Partners Inc. appointed as the company’s proposal trustee.
In court documents dated March 24, 2025, it’s stated the company, which has a location at Bower Place Shopping Centre in Red Deer, is not actually bankrupt, but has made itself available through an insolvent person with court…