#Order
The court approved a sale and investment solicitation process. A bid deadline of 2022-06-22.
Source: SISP Order
0989705 B.C. Ltd., Alderbridge Way GP Ltd., and Alderbridge Way Limited Partnership (CCAA)
FollowActive
- Proceeding
- CCAACompanies' Creditors Arrangement Act, R.S.C. 1985 c. C-36
- File
- S-222758
- Industry
- Real estate · Residential development
OverviewSummary updated
0989705 B.C. Ltd., Alderbridge Way GP Ltd. and Alderbridge Way Limited Partnership obtained protection under the Companies' Creditors Arrangement Act on April 1, 2022, on their own application to the Supreme Court of British Columbia, where the proceedings carry court file number S-222758. Alvarez & Marsal Canada Inc. was appointed Monitor. The proceedings remain active.
Proceedings AIAsk this case — answers cite the filings
Case updates15 dated entries · 4 undated
#Order
Initial order granted, placing the three applicants under CCAA protection as of the Order Date and appointing Alvarez & Marsal Canada Inc. as Monitor.
Undated filings4 — no date appears on the document · show
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Order
Order made after application (extension of stay) - Groves, J. — Interim order granted
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Filing
Sealing Order (Affidavit No. 2 of G. Thom and Affidavit No. 2 of J. Alambre) — Application filed
Parties
Debtor
0989705 B.C. Ltd., Alderbridge Way GP Ltd., and Alderbridge Way Limited Partnership (CCAA)
Monitor
Alvarez & Marsal
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Gatland Development Corporation, REV Investments Inc. and South Street (Alderbridge) Limited Partnership (initial Interim Lender)Court-ordered Interim Financing Charge authorized by the Initial Order up to $850,000; ranks pari passu with the Romspen Interim Financing Charge; post-filing facility — Post-filing interim (DIP) financing, not pre-filing debt. Monitor reports $850,000 advanced in full as of the date of the Second Report. — debtor: Petitioners | $850K | Second Report of the Monitor (April 23, 2022) |
| Secured | |||
| Secured | |||
| Secured |
3 more claims in 1 class The stack holds Secured claims.
Every creditor and every amount.
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See all plansSale processAs stated in the filings
Sale process approved — The Court approved the Sales and Investment Solicitation Process and authorized the Monitor to carry it out; no bids have yet been received.SISP Order · 25 Apr 2022
AdvisorsCushman & Wakefield (listing broker); K.H.M Realty Ltd. (listing broker)Second Report of the Monitor (April 23, 2022)
Documents
19 filings
| Date | Document | File |
|---|---|---|
Amended and Restated Initial Order
| PDF · Subscribers | |
SISP Order
| PDF · Subscribers | |
| d Affidavit No. 1 of A. Arenas, sworn April 25, 2022 | PDF · Subscribers | |
Second Report of the Monitor (April 23, 2022)
| PDF · Subscribers | |
| Notice of Application (April 11, 2022 hearing) | PDF · Subscribers | |
d First Report of the Monitor (April 7, 2022)
| PDF · Subscribers | |
Initial Order dated April 1, 2022
| PDF · Subscribers | |
| Petition Response | PDF · Subscribers | |
| d Affidavit No. 1 of J. Alambre, sworn April 1, 2022 | PDF · Subscribers | |
| d Affidavit No. 1 of W. Roitman, sworn April 1, 2022 | PDF · Subscribers | |
| d Affidavit No. 2 of Graham Thom, sworn April 1, 2022 | PDF · Subscribers | |
| d Affidavit No. 2 of J. Alambre, sworn April 1, 2022 | PDF · Subscribers | |
| d Affidavit No. 1 of Graham Thom, sworn March 31, 2022 | PDF · Subscribers | |
| d First Report of the Proposed Monitor (March 31, 2022) | PDF · Subscribers | |
d Petition to the Court, dated March 31, 2022
| PDF · Subscribers | |
| Order made after application (extension of stay) - Groves, J. | PDF · Subscribers | |
| Requisition for April 11, 2022 hearing date | PDF · Subscribers | |
| Requisition for April 25, 2022 hearing date | PDF · Subscribers | |
| Sealing Order (Affidavit No. 2 of G. Thom and Affidavit No. 2 of J. Alambre) | PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “0989705 B.C. Ltd., Alderbridge Way GP Ltd., and Alderbridge Way Limited Partnership (CCAA)” (CCAA), Supreme Court of British Columbia. Retrieved 16 October 2026, https://proceedings.ca/case/0989705-b-c-ltd-alderbridge-way-gp-ltd-and-alderbridge-way-limited-partnership