Proceedings.

By the Bay

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Closed
Proceeding
Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
File
S-246124
Filings held17
Last activity10 Feb 2026
On the record718 days
Secured debtSubscribers
OverviewSummary updated

By the Bay is the subject of a closed bankruptcy proceeding under the Bankruptcy and Insolvency Act in the Supreme Court of British Columbia, carried on the court's records under file numbers S-246124 and SH246124. An application was filed on September 4, 2024, and the court made a receivership order on October 3, 2024, the date from which the proceeding is dated. The record before this page carries no further milestones, and the matter is recorded as closed.

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Case updates17 dated entries

14 earlier updates, back to 3 October 2024 subscribers.

Parties

Debtor

By the Bay

Receiver

FTI

Bench and counselPer the orders and service lists on the record

Counsel of record

PartyCounselFirst seenSource
ReceiverFTIMcCarthy Tétrault LLP18 Nov 2024Service list · 18 Nov 2024
ApplicantBlake, Cassels & Graydon LLP18 Nov 2024Service list · 18 Nov 2024
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredNational Bank of Canada · in 87 casesAmount excludes interest, associated fees, and other costs/expenses incurred by National Bank of Canada including accrued interest and costs, per document note. — debtor: By the Bay Home Development Ltd. · as of 3 Oct 2024$7.47MNotice and Statement of Receiver with Creditor Listing
23 more claims across lower-ranking classesSubscribe to view
RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Fees and ratesAs stated in the filings

10 engagements · 2 firmslatest: FTI Consulting Canada Inc., to 31 Dec 2025Affidavit #1 of T. Powell · 28 Jan 2026

FirmPeriodHoursFeesRatesSource
FTI Consulting Canada Inc.Receiverperiod 9 of 9to 31 Dec 20252 peopleAffidavit #1 of T. Powell · 28 Jan 2026
FTI Consulting Canada Inc.Receiverperiod 8 of 9to 31 Oct 20252 peopleAffidavit #1 of T. Powell · 28 Jan 2026
FTI Consulting Canada Inc.Receiverperiod 7 of 9to 31 Aug 20252 peopleAffidavit #1 of T. Powell · 28 Jan 2026
FTI Consulting Canada Inc.Receiverperiod 6 of 9to 31 Jul 20253 peopleAffidavit #1 of T. Powell · 28 Jan 2026
FTI Consulting Canada Inc.Receiverperiod 5 of 9to 30 Jun 20252 peopleAffidavit #1 of T. Powell · 28 Jan 2026
FTI Consulting Canada Inc.Receiverperiod 4 of 9to 31 May 20252 peopleAffidavit #1 of T. Powell · 28 Jan 2026
FTI Consulting Canada Inc.Receiverperiod 3 of 9to 31 Jan 20252 peopleAffidavit #1 of T. Powell · 28 Jan 2026
FTI Consulting Canada Inc.Receiverperiod 2 of 9to 31 Dec 20243 peopleAffidavit #1 of T. Powell · 28 Jan 2026
FTI Consulting Canada Inc.Receiverperiod 1 of 9to 31 Oct 20243 peopleAffidavit #1 of T. Powell · 28 Jan 2026
McCarthy Tétrault LLPCounsel to the receiver26 Sep 2024 – 31 Dec 2025courtesy discount5 peopleAffidavit #1 of L. Williams · 28 Jan 2026
182 stated figures across 10 engagements, each sourcedSubscribe to view
Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents
17 filings
DateDocumentFile
Distribution, Fees and Activities, and Discharge OrderPDF · Subscribers
Affidavit #1 of L. Williams
PDF · Subscribers
Affidavit #1 of T. Powell
PDF · Subscribers
Notice of Application of the ReceiverPDF · Subscribers
Second Report of the ReceiverPDF · Subscribers
Filed Monitor's CertificatePDF · Subscribers
Approval and Vesting OrderPDF · Subscribers
Notice of Application - Receiver (re Approval and Vesting Order)PDF · Subscribers
First Report of the Receiver
PDF · Subscribers
Service List
  • Counsel McCarthy Tétrault LLP
PDF · Subscribers
Notice and Statement of Receiver with Creditor Listing
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Affidavit #1 of E. Welte
PDF · Subscribers
Affidavit #1 of J. AlambrePDF · Subscribers
Notice of HearingPDF · Subscribers
Petition
  • Commencement date 4 September 2024
  • Court IN THE SUPREME COURT OF BRITISH COLUMBIA
  • Court file no SH246124
PDF · Subscribers
Receivership Order
  • Commencement date 3 October 2024
  • Court file no S-246124
  • Proceeding type receivership_court
PDF · Subscribers
Response to Petition (Genesis)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., “By the Bay” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/by-the-bay

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/by-the-bay

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.