Bayview Creek (CIM) LP
- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 31-2734603
- Industry
- Real estate
Bayview Creek (CIM) LP has been bankrupt under the BIA since May 4, 2021, with MNP Ltd. as Trustee, under Ontario court files 31-2734610 and 31-2734603; its general partner, 10502715 Canada Inc., went bankrupt the same day. The combined Statement of Affairs reports liabilities of $61,567,461.16 — $47,580,308.97 secured and deemed trust, nil preferred and $13,987,152.19 unsecured — against a potential gross sale value of $55,000,000 for the Property, leaving an estimated surplus of approximately $7.4 million net of estimated secured charges. Bryton Capital Corp. GP Ltd. holds a second mortgage registered in the principal sum of $22,300,000 and appointed RSM Canada Limited receiver of the Property on April 12, 2021. As at 5:00 p.m. on May 20, 2021 no secured or deemed trust proofs of claim had been filed, and unsecured claims filed totalled $12,254,525.20.
Debtor
Bayview Creek (CIM) LP
Trustee in bankruptcy
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Secured/Deemed Trust claims (aggregate per Statement of Affairs) · in 2 casesas of Statement of Affairs — Aggregate secured/deemed trust claims as reported in Partnership Combined Statement of Affairs — No secured/deemed trust proofs of claim filed as at May 20, 2021 (5:00 PM) per the Claims as Filed column, which shows Nil for this category. — debtor: Partnership Combined (10502715 Canada Inc. and Bayview Creek (CIM) LP) | $47.6M | Trustees Preliminary Report Bayview Creek CIM LP May 20 2021 |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured |
6 more claims in 2 classes The stack holds Deemed trusts (CRA and other), Secured and Unsecured claims.
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The 2 totals the debtor stated at filing
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See all plans| Date | Document | File |
|---|---|---|
Trustees Preliminary Report Bayview Creek CIM LP May 20 2021
| PDF · Subscribers | |
Creditors Package
| PDF · Subscribers | |
Certificate of Appointment
| 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., “Bayview Creek (CIM) LP” (Bankruptcy). Retrieved 5 November 2026, https://proceedings.ca/case/bayview-creek-cim-lp