Proceedings.

0989705 B.C. Ltd., Alderbridge Way GP Ltd. and Alderbridge Way Limited Partnership

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Active
Proceeding
CCAACompanies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
Court
Supreme Court of British Columbia
File
S-222758
Industry
Real estate · Residential development
Filings held127
Last activity8 May 2026
On the record1,679 days
Secured debtSubscribers
OverviewSummary updated

0989705 B.C. Ltd., Alderbridge Way GP Ltd. and Alderbridge Way Limited Partnership came under the Companies' Creditors Arrangement Act on October 27, 2025, when an application was filed in the Supreme Court of British Columbia. The proceeding is carried under court file number S-222758 and remains active. The record for these three related debtors, a company, a general partner and the limited partnership itself, so far consists of the commencement application alone; no subsequent step has been entered on it.

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Case updates128 dated entries
#Report

The officer filed report no. Nineteenth Report. The Companies' remaining activities involve preserving and maintaining the undeveloped Development Property (soil berm remediation, dewatering, security) while the Monitor works to finalize a sale of substantially all assets to Romspen via a credit bid and reverse vesting order, and continues managing the wind-down of presale purchaser claims.

Source: Nineteenth Report of the Monitor

#Filing

Application filed in the Supreme Court of British Columbia commencing the CCAA proceeding for the three debtors, docketed as court file S-222758.

Source: Notice of Application filed

#Report

The officer filed report no. Eighteenth Report. The Companies are advancing a sale of the Development Property to a Preferred Bidder under a Final Agreement pending Competition Bureau review, while the Monitor moves to disclaim presale agreements and distribute presale deposits and accrued interest.

Source: Eighteenth Report of the Monitor

#Report

The officer filed report no. Monitor's Seventeenth Report to Court. The Companies continue restructuring efforts, focused on completing a sale of the Development Property to a Preferred Bidder, obtaining a new building permit from the City of Richmond, and managing site costs (dewatering, security, site management) during the extended stay period.

Source: Seventeenth Report of the Monitor

#Report

The officer filed report no. Sixteenth Report. The Companies continue to hold the vacant Development Property while pursuing a new building permit, resolving a contractor's lien, and marketing the property for sale under a court-approved sale process, funded by DIP financing.

Source: Sixteenth Report of the Monitor

#Report

The officer filed report no. Fifteenth Report. The Companies' Development Property remains in a pre-construction state pending issuance of a building permit, with the Monitor overseeing a shoring/dewatering system and a sale process to market the property to prospective purchasers.

Source: Fifteenth Report of the Monitor

#Report

The officer filed report no. Fourteenth Report. The Companies continue to hold the undeveloped Development Property in Richmond, BC under CCAA protection, pursuing a new building permit, stabilizing a temporary shoring system, and preparing to launch a sale and investment solicitation process for the property.

Source: Fourteenth Report of the Monitor

#Report

The officer filed report no. Thirteenth Report. The Companies' development property remains under a temporary shoring system being monitored daily, a new building permit application is under City review, and the Monitor is preparing to recommence a sale process for the property once financing and permit issues are resolved.

Source: Thirteenth Report of the Monitor

#Report

The officer filed report no. Monitor's Twelfth Report to Court. The Companies' Development Property remains under a temporary shoring system requiring ongoing monitoring and remediation, a new building permit application is under City review with issuance expected around March 15, 2024, and no active sale process is underway pending permit issuance and resolution of litigation claims.

Source: Twelfth Report of the Monitor

#Report

The officer filed report no. Eleventh Report. The Companies are pursuing a new building permit application under the 2018 Building Code and the sales and investment solicitation process (SISP) remains suspended pending resolution of priority disputes among secured creditors in related court actions.

Source: Eleventh Report of the Monitor

#Report

The officer filed report no. Ninth Report. The Monitor is progressing a building permit application for the Lands, expecting issuance around March 2024, after which it plans to recommence the sale process; it comments on the need to resolve related litigation before that process resumes.

Source: Ninth Report of the Monitor

#Report

The officer filed report no. Monitor's Eighth Report to Court. The Companies are pursuing a new building permit application for the Development Property under the 2018 Building Code, funded through increased DIP financing, with no active sales process ongoing after termination of the SISP.

Source: Eighth Report of the Monitor

#Report

The officer filed report no. Seventh Report. The Companies are pursuing a new building permit for the Development Property (Alderbridge Way site) rather than a completed sale, having terminated the SISP, and are relying on ongoing DIP financing to fund dewatering, site security, and other carrying costs during the CCAA proceedings.

Source: Seventh Report of the Monitor

#Report

The officer filed report no. Sixth Report. The Companies are pursuing a sale/investment solicitation process for a mixed-use development property while working to secure a new building permit, with the SISP terminated pending resolution of the permit issue.

Source: Sixth Report of the Monitor

#Report

The officer filed report no. Fifth Report. The Monitor continues to oversee site management of the vacant Development Property while pursuing a Sales and Investment Solicitation Process (no compliant bids received) and preparing a new building permit application required under the 2018 Building Code.

Source: Fifth Report of the Monitor

#Report

The officer filed report no. Monitor's Fourth Report to Court. The Companies remain in CCAA proceedings while the Monitor conducts a sales and investment solicitation process for the undeveloped Alderbridge Way property, addresses building permit issues with the City of Richmond, and seeks additional DIP financing and an extended stay to fund site holding costs.

Source: Fourth Report of the Monitor

#Report

The officer filed report no. Third Report. The Companies remain in CCAA protection, maintaining the Richmond development site (dewatering, security, geotechnical monitoring) using DIP financing while the Monitor runs a sales and investment solicitation process for the Development Property, whose bid deadlines have been extended repeatedly.

Source: Third Report of the Monitor

#Order

The court approved a sale and investment solicitation process. A bid deadline of 2022-06-22.

Source: SISP Order

#Report

The officer filed report no. Second Report. The Petitioners continue to operate in the ordinary course, funding site maintenance costs (site management, security, dewatering, etc.) on the Richmond, BC property from interim financing while a court-supervised sales and investment solicitation process is launched; A&M is to be replaced as monitor by The Bowra Group Inc.

Source: Second Report of the Monitor

#Report

The officer filed report no. First Report. The Petitioners are continuing operations, including maintaining safety of the Richmond, B.C. construction project, and are working with the Monitor on a sales and investment solicitation process; the report supports extending the stay of proceedings to April 25, 2022.

Source: First Report of the Monitor

Parties

Debtor

0989705 B.C. Ltd., Alderbridge Way GP Ltd. and Alderbridge Way Limited Partnership

Monitor

MNP

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice FitzpatrickSupreme Court of British Columbia25 orders, Apr 2022 – Apr 202660 cases on record

Counsel of record

PartyCounselFirst seenSource
Applicant0989705 B.C. Ltd., Alderbridge Way GP Ltd. and Alderbridge Way Limited PartnershipDentons Canada LLP · Kornfeld LLP · McCarthy Tétrault LLP25 Sep 2023Service list · 2 Apr 2026
ApplicantMcCarthy TétraultLLPMcCarthy Tétrault LLP25 Sep 2023Application · 25 Sep 2023
Creditor0989705 B.C. Ltd., Alderbridge Way Limited Partnership and Alderbridge Way GP LtdFasken Martineau DuMoulin LLP2 Apr 2026Service list · 2 Apr 2026
CreditorAyman Khaled Rafiq MahmoudBridgehouse Law LLP22 Feb 2024Application · 22 Feb 2024
CreditorCIBT Education Group Inc., GEC Education City (Richmond) Limited Partnership and GECHarper Grey LLP2 Apr 2026Service list · 2 Apr 2026
CreditorCIBT Education Group Inc., GEC Education City (Richmond) Limited Partnership and GEC (Richmond) GP IncMiller Thomson LLP2 Apr 2026Service list · 2 Apr 2026
CreditorCity of RichmondClark Wilson LLP25 Sep 2023Application · 25 Sep 2023
CreditorJV Driver International, J.V. Driver Inc. And 1185678 B.C. LtdMcCarthy Tétrault LLP2 Apr 2026Service list · 2 Apr 2026
CreditorMetro-Can Construction (AT) LtdMcLean & Armstrong LLP2 Apr 2026Service list · 2 Apr 2026
CreditorOnni GroupOsler, Hoskin & Harcourt LLP · Sampson Davie Fane Volpiana LLP2 Apr 2026Service list · 2 Apr 2026
CreditorR. Jay Management Ltd. and MNB Enterprises IncCassels Brock & Blackwell LLP2 Apr 2026Service list · 2 Apr 2026
CreditorRomspen Investment CorporationBlake, Cassels & Graydon LLP2 Apr 2026Service list · 2 Apr 2026
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredRomspen Investment Corporation · in 17 casesFirst-ranking mortgage and assignment of rents over the Real Property, registered principal amount $422,000,000 (Romspen Mortgage); beneficial direction and charge agreement; personal property security agreements from Petitioners and Guarantors; share and unit pledges; guarantees from Gatland Development Corporation, REV Holdings Ltd., REV Investments Inc., South Street Development Managers Ltd., South Street (Alderbridge) Limited Partnership, and personal guarantees from Samuel Hanson and Brent Hanson (directors/related parties). — Senior secured construction lender; suspended draws March 202 · as of 10 Feb 2021$158MFiled Petition to the Court (April 1, 2022)
4Secured
4Secured
4Secured
5PMSI / lessors

4 more claims in 2 classes The stack holds Secured and PMSI / lessors claims.

Every creditor and every amount, drawn to scale.

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Sale processAs stated in the filings

Liquidation in progress — The Monitor, taking into consideration the foregoing, is of the view that the Sale Process must be further extended in order for prospective parties to engage with Romspen.Fifteenth Report of the Monitor · 19 Nov 2024

Parties solicited

200

Third Report of the Monitor

Bid deadline

16 October 2024

Order made after Application (Sale Process)

AdvisorsCushman & Wakefield (listing broker); K.H.M Realty Ltd. (listing broker); Jones Lang LaSalle Real Estate Services, Inc. (listing broker); Jones Lang LeSalle Real Estate Services, Inc. (sale agent)Order made after Application (Sale Process)
RecoveriesAs stated in the filings

Unsecured creditors: no distribution.Notice of Application (AVO) · 13 Feb 2026

ClassCreditorClaimsRecoveryBasisSource
UnsecuredCompanies' subordinate creditors—no distribution—Notice of Application (AVO) · 13 Feb 2026

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

Cumulative receipts

$7.16M

As at 28 Oct 2025Nineteenth Report of the Monitor

Cumulative disbursements

As at

Cash on hand

As at

Professional fees

As at

3 more reported figures, and the 2 totals the debtor stated at filing

Each one as the filing states it, with its source.

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Documents
127 filings
DateDocumentFile
Entered Approval and Vesting OrderPDF · Subscribers
Order Made After Application
  • Presiding officer Justice Fitzpatrick
PDF · Subscribers
Requisition for the continuation of the DCC application to April 15, 2026PDF · Subscribers
Requisition (continuation of DCC application)PDF · Subscribers
Sealing Order
  • Presiding officer Justice Fitzpatrick
PDF · Subscribers
Service List
  • Counsel Fasken Martineau DuMoulin LLP
PDF · Subscribers
Order Made After Application (Sealing Order)
  • Presiding officer Justice Fitzpatrick
PDF · Subscribers
Written Submissions of the Petitioner and GuarantorsPDF · Subscribers
Notice of Application for Sealing Order of Confidential ReportPDF · Subscribers
Affidavit #2 of Morgan GloverPDF · Subscribers
Written Submissions of GECPDF · Subscribers
Written Submissions of Romspen Investment CorporationPDF · Subscribers
Written Submissions of the Monitor - RVO ApprovalPDF · Subscribers
Affidavit #1 of PavlakovicPDF · Subscribers
Affidavit #7 of J. AustenPDF · Subscribers
Affidavit #6 of J. Austen (without exhibits)PDF · Subscribers
Monitor's Reply to Application ResponsePDF · Subscribers
Affidavit #1 of K. ApanPDF · Subscribers
Application Response AlderbridgePDF · Subscribers
Application Response Onni Group (AVO)PDF · Subscribers
Application Response Onni Group (DCC)PDF · Subscribers
Application Response Onni Group (Sealing Order)PDF · Subscribers
Application Response Romspen Investment CorpPDF · Subscribers
Application Response of GEC (Richmond) GP Inc.PDF · Subscribers
Affidavit #1 of Jennifer Betsayda FiledPDF · Subscribers
Notice of Application (AVO)
  • Recovery outcome Entries: per unstated · Table missing:
PDF · Subscribers
Notice of Application (DCC)
  • Counsel Kornfeld LLP
PDF · Subscribers
Notice of Application (Sealing Order)PDF · Subscribers
Twentieth Report of the Monitor
  • Operational summary Construction on the Development Property remains halted; the Monitor is focused on preserving the site (soil berm stabilization, dewatering, monitoring) while advancing a sale transaction (the Romspen PSA) intended to allow construction to recommence post-closing.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Order extending the stay of proceedings to March 31, 2026
  • Order date 29 October 2025
  • Presiding officer Justice Fitzpatrick
  • Stay extended to 31 March 2026
PDF · Subscribers
Nineteenth Report of the Monitor
  • Operational summary The Companies' remaining activities involve preserving and maintaining the undeveloped Development Property (soil berm remediation, dewatering, security) while the Monitor works to finalize a sale of substantially all assets to Romspen via a credit bid and reverse vesting order, and continues managing the wind-down of presale purchaser claims.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Notice of Application filed
  • Commencement date 27 October 2025
  • Court IN THE SUPREME COURT OF BRITISH COLUMBIA
  • Court file no S-222758
PDF · Subscribers
Order extending stay of proceedings to October 31 2025
  • Order date 26 June 2025
  • Presiding officer Justice Chan
  • Stay extended to 31 October 2025
PDF · Subscribers
Affidavit 1 of Joey Law filed June 24 2025PDF · Subscribers
Eighteenth Report of the Monitor
  • Operational summary The Companies are advancing a sale of the Development Property to a Preferred Bidder under a Final Agreement pending Competition Bureau review, while the Monitor moves to disclaim presale agreements and distribute presale deposits and accrued interest.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Order extending stay of proceedings to June 27, 2025
  • Order date 2 May 2025
  • Presiding officer Justice Fitzpatrick
  • Stay extended to 27 June 2025
PDF · Subscribers
Seventeenth Report of the Monitor
  • Operational summary The Companies continue restructuring efforts, focused on completing a sale of the Development Property to a Preferred Bidder, obtaining a new building permit from the City of Richmond, and managing site costs (dewatering, security, site management) during the extended stay period.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Order extending stay of proceedings to May 2, 2025
  • Order date 31 January 2025
  • Presiding officer Justice Fitzpatrick
  • Stay extended to 2 May 2025
PDF · Subscribers
Notice of ApplicationPDF · Subscribers
Sixteenth Report of the Monitor
  • Operational summary The Companies continue to hold the vacant Development Property while pursuing a new building permit, resolving a contractor's lien, and marketing the property for sale under a court-approved sale process, funded by DIP financing.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Order extending stay of proceedings to January 31, 2025
  • Order date 22 November 2024
  • Presiding officer Justice Fitzpatrick
  • Stay extended to 31 January 2025
PDF · Subscribers
Fifteenth Report of the Monitor
  • Operational summary The Companies' Development Property remains in a pre-construction state pending issuance of a building permit, with the Monitor overseeing a shoring/dewatering system and a sale process to market the property to prospective purchasers.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 7 more extracted facts
PDF · Subscribers
Notice of Application November 19, 2024PDF · Subscribers
Order extending stay of proceedings to November 22, 2024
  • Order date 2 August 2024
  • Presiding officer Justice Fitzpatrick
  • Stay extended to 29 November 2024
PDF · Subscribers
Order made after Application (Sale Process)
  • Bid deadline 16 October 2024
  • Order date 2 August 2024
  • Outside date 31 December 2024
  • Break fee Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Application Response July 31, 2024PDF · Subscribers
Supplemental Report to the Fourteenth Report of the Monitor
  • Sale advisor Jones Lang LaSalle Real Estate Services, Inc. (listing broker)
  • Sale outcome Sale process approved — The Monitor completed its review of the three sales and marketing proposals and selected JLL as its Sales Agent to conduct the Sales Process.
  • Financial position · Stalking horse Subscribers
PDF · Subscribers
Fourteenth Report of the Monitor
  • Operational summary The Companies continue to hold the undeveloped Development Property in Richmond, BC under CCAA protection, pursuing a new building permit, stabilizing a temporary shoring system, and preparing to launch a sale and investment solicitation process for the property.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Notice of Application July 26 2024PDF · Subscribers
Order extending stay of proceedings and Interim financing
  • Order date 31 May 2024
  • Presiding officer Justice Fitzpatrick
  • Stay extended to 6 September 2024
PDF · Subscribers
Notice of Application (May 28, 2024)PDF · Subscribers
Thirteenth Report of the Monitor
  • Operational summary The Companies' development property remains under a temporary shoring system being monitored daily, a new building permit application is under City review, and the Monitor is preparing to recommence a sale process for the property once financing and permit issues are resolved.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Order extending stay of proceedings to March 1, 2024
  • Order date 1 December 2023
  • Presiding officer Justice Fitzpatrick
  • Stay extended to 1 March 2024
PDF · Subscribers
Notice of Application (February 22, 2024)
  • Counsel Bridgehouse Law LLP
PDF · Subscribers
Twelfth Report of the Monitor
  • Operational summary The Companies' Development Property remains under a temporary shoring system requiring ongoing monitoring and remediation, a new building permit application is under City review with issuance expected around March 15, 2024, and no active sale process is underway pending permit issuance and resolution of litigation claims.
  • Cash on hand · Financial position · Professional fees Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Order extending stay of proceedings to December 1, 2023
  • Order date 27 September 2023
  • Presiding officer Justice Fitzpatrick
  • Stay extended to 1 December 2023
PDF · Subscribers
Notice of Application (November 23, 2023)PDF · Subscribers
Eleventh Report of the Monitor
  • Operational summary The Companies are pursuing a new building permit application under the 2018 Building Code and the sales and investment solicitation process (SISP) remains suspended pending resolution of priority disputes among secured creditors in related court actions.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Order substituting MNP Ltd. as Monitor of 0989705 B.C. Ltd.
  • Presiding officer Justice Fitzpatrick
PDF · Subscribers
Justice Fitzpatrick - Reasons for Judgement
  • Presiding officer Justice Fitzpatrick
PDF · Subscribers
Order extending stay of proceedings to September 29, 2023
  • Order date 31 May 2023
  • Presiding officer Justice Fitzpatrick
  • Stay extended to 29 September 2023
PDF · Subscribers
Order lifting stay of proceedings
  • Counsel McCarthy Tétrault LLP
  • Order date 27 September 2023
  • Presiding officer Justice Fitzpatrick
PDF · Subscribers
Affidavit #1 of S. Danielisz (made September 25, 2023)PDF · Subscribers
Notice of Application (September 25, 2023)
  • Counsel Clark Wilson LLP
PDF · Subscribers
Notice of Application (September 22, 2023)PDF · Subscribers
Tenth Report of the Monitor
PDF · Subscribers
Ninth Report of the Monitor
  • Operational summary The Monitor is progressing a building permit application for the Lands, expecting issuance around March 2024, after which it plans to recommence the sale process; it comments on the need to resolve related litigation before that process resumes.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Affidavit #1 of B. Olson (filed July 26, 2023)PDF · Subscribers
Affidavit #4 of G. Thom (filed July 26, 2023)PDF · Subscribers
Application Response (July 26, 2023)PDF · Subscribers
Application Response (July 26, 2023) 2PDF · Subscribers
Affidavit #1 of J. Austen (filed June 28, 2023)PDF · Subscribers
Notice of Application (June 28, 2023)PDF · Subscribers
Order extending stay of proceedings to June 2, 2023
  • Order date 24 February 2023
  • Presiding officer Justice Fitzpatrick
  • Stay extended to 2 June 2023
PDF · Subscribers
Eighth Report of the Monitor
  • Operational summary The Companies are pursuing a new building permit application for the Development Property under the 2018 Building Code, funded through increased DIP financing, with no active sales process ongoing after termination of the SISP.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Notice of Application May 26 2023PDF · Subscribers
Order extending stay of proceedings to February 24, 2023
  • Order date 9 December 2022
  • Presiding officer Justice Fitzpatrick
  • Stay extended to 24 February 2023
PDF · Subscribers
Notice of Application (February 22, 2023)PDF · Subscribers
Seventh Report of the Monitor
  • Operational summary The Companies are pursuing a new building permit for the Development Property (Alderbridge Way site) rather than a completed sale, having terminated the SISP, and are relying on ongoing DIP financing to fund dewatering, site security, and other carrying costs during the CCAA proceedings.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Amended Notice of Application (December 16, 2022)PDF · Subscribers
Order extending stay of proceedings to December 9, 2022
  • Order date 7 October 2022
  • Presiding officer Justice Fitzpatrick
  • Stay extended to 10 December 2022
PDF · Subscribers
Notice of Application (December 7, 2022)PDF · Subscribers
Notice of Application (December 7, 2022) 2PDF · Subscribers
Sixth Report of the Monitor
  • Operational summary The Companies are pursuing a sale/investment solicitation process for a mixed-use development property while working to secure a new building permit, with the SISP terminated pending resolution of the permit issue.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Supplemental Report to the Fifth Report of the Monitor
PDF · Subscribers
Notice of Application (October 5, 2022)PDF · Subscribers
Fifth Report of the Monitor
  • Operational summary The Monitor continues to oversee site management of the vacant Development Property while pursuing a Sales and Investment Solicitation Process (no compliant bids received) and preparing a new building permit application required under the 2018 Building Code.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Requisition resetting the application of the Petitioners to August 19, 2022PDF · Subscribers
Application Response of GEC to the Petitioners NOA filed August 17, 2022 (returnable August 19, 2022)Trustee site
Affidavit #1 of J. Ratzlaff (filed August 16, 2022)PDF · Subscribers
Affidavit #1 of O. Shaporenko (filed August 16, 2022)PDF · Subscribers
Affidavit #2 of B. Diaz (filed August 16, 2022)PDF · Subscribers
Order extending stay of proceedings to October 7, 2022
  • Order date 11 August 2022
  • Presiding officer Justice Fitzpatrick
  • Stay expiry 7 October 2022
PDF · Subscribers
Application Response of Romspen to the Petitioners NOA filed August 10, 2022 (returnable August 11, 2022)Trustee site
Affidavit #2 of W. Roitman (filed August 9, 2022)PDF · Subscribers
Affidavit #3 of J. Alambre (filed August 9, 2022)PDF · Subscribers
Fourth Report of the Monitor
  • Operational summary The Companies remain in CCAA proceedings while the Monitor conducts a sales and investment solicitation process for the undeveloped Alderbridge Way property, addresses building permit issues with the City of Richmond, and seeks additional DIP financing and an extended stay to fund site holding costs.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Notice of Application of Romspen filed August 9 2022 returnable August 11 2022PDF · Subscribers
Order sealing the Monitor's Supplemental Report to the Fourth Report to Court dated August 9, 2022
  • Presiding officer Justice Fitzpatrick
PDF · Subscribers
Affidavit #1 of Belinda Diaz (filed August 8, 2022)PDF · Subscribers
Notice of Application of the Petitioners filed August 8, 2022 (returnable August 11, 2022)PDF · Subscribers
Order extending stay of proceedings to August 12, 2022
  • Order date 22 July 2022
  • Presiding officer Justice Fitzpatrick
  • Stay extended to 12 August 2022
PDF · Subscribers
Requisition for August 11, 2022 hearing datePDF · Subscribers
Notice of Application filed July 20, 2022 (returnable July 22, 2022)PDF · Subscribers
Requisition for July 22, 2022 hearing datePDF · Subscribers
Third Report of the Monitor
  • Operational summary The Companies remain in CCAA protection, maintaining the Richmond development site (dewatering, security, geotechnical monitoring) using DIP financing while the Monitor runs a sales and investment solicitation process for the Development Property, whose bid deadlines have been extended repeatedly.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 8 more extracted facts
PDF · Subscribers
Affidavit #1 of A. Arenas (filed April 25, 2022)PDF · Subscribers
Order extending stay of proceedings to August 3, 2022 and replacement of Monitor
  • Order date 25 April 2022
  • Presiding officer Justice Fitzpatrick
  • Stay expiry 3 August 2022
PDF · Subscribers
SISP Order
  • Bid deadline 22 June 2022
  • Order date 25 April 2022
  • Outside date 27 July 2022
  • Break fee Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Second Report of the Monitor
  • Operational summary The Petitioners continue to operate in the ordinary course, funding site maintenance costs (site management, security, dewatering, etc.) on the Richmond, BC property from interim financing while a court-supervised sales and investment solicitation process is launched; A&M is to be replaced as monitor by The Bowra Group Inc.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 7 more extracted facts
PDF · Subscribers
Affidavit #3 of G. Thom (filed April 22, 2022)PDF · Subscribers
Order extending stay of proceedings to April 25, 2022
  • Order date 11 April 2022
  • Stay extended to 25 April 2022
PDF · Subscribers
First Report of the Monitor
  • Operational summary The Petitioners are continuing operations, including maintaining safety of the Richmond, B.C. construction project, and are working with the Monitor on a sales and investment solicitation process; the report supports extending the stay of proceedings to April 25, 2022.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Notice of Application filed April 6, 2022 (returnable April 11, 2022)PDF · Subscribers
Requisition for April 11, 2022 hearing datePDF · Subscribers
Requisition for April 25, 2022 hearing datePDF · Subscribers
Affidavit #1 of G. Thom (filed April 1, 2022)PDF · Subscribers
Affidavit #1 of J. Alambre (filed April 1, 2022)PDF · Subscribers
Affidavit #2 of G. Thom (filed April 1, 2022)PDF · Subscribers
Affidavit #2 of J. Alambre (filed April 1, 2022)PDF · Subscribers
Filed Petition response of Romspen (April 1, 2022)PDF · Subscribers
Filed Petition to the Court (April 1, 2022)
  • Appointee Alvarez & Marsal Canada Inc.
  • Appointee role proposed monitor
  • Financial position · Secured creditors Subscribers
PDF · Subscribers
Initial CCAA Order
  • Applicant 0989705 B.C. Ltd., Alderbridge Way GP Ltd., and Alderbridge Way Limited Partnership
  • Appointee Alvarez & Marsal Canada Inc.
  • Appointee role Monitor
  • Commencement date 1 April 2022
  • + 4 more extracted facts
PDF · Subscribers
List of Creditors as at April 1, 2022
PDF · Subscribers
Sealing Order (Affidavit No. 2 of G. Thom and Affidavit No. 2 of J. Alambre)PDF · Subscribers
Affidavit 1 of W Roitman filed April 1 2022
PDF · Subscribers
First Report of the Proposed Monitor
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), Supreme Court of British Columbia. Retrieved 4 November 2026, https://proceedings.ca/case/0989705-bc-ltd-alderbridge-way-gp-ltd-and-alderbridge-way-limited-partnership

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Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/0989705-bc-ltd-alderbridge-way-gp-ltd-and-alderbridge-way-limited-partnership

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.