Proceedings.

Centre City Real Estate Inc. and It'll Be Good Hold Co Inc.

ClosedFollow
Proceeding
Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
File
S2011447
Filings held9
Last activity19 May 2021
On the record2,197 days
OverviewSummary updated

Centre City Real Estate Inc. and It'll Be Good Hold Co Inc. were placed into court-appointed receivership in proceedings commenced on 30 October 2020 in the Supreme Court of British Columbia in Bankruptcy and Insolvency, under court file number S2011447. The receivership was sought under section 243 of the Bankruptcy and Insolvency Act together with the provincial Judicature Act jurisdiction ordinarily invoked alongside it. The proceedings against the two related British Columbia companies are now closed.

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Case updates9 dated entries
#Order

Receivership order made, commencing the proceeding against both companies in the Supreme Court of British Columbia under court file S2011447.

Source: Receivership Order

Parties

Debtor

Centre City Real Estate Inc. and It'll Be Good Hold Co Inc.

Receiver

MNP

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice MacNaughtonSupreme Court of British Columbia1 order, May 20212 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverMNPBorden Ladner Gervais LLP4 May 2021Application · 4 May 2021
RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Fees and ratesAs stated in the filings

2 engagements · 2 firms — latest: Borden Ladner Gervais LLP, 29 Oct 2020 – 30 Apr 2021, in feesFirst and Final Report of the Receiver · 3 May 2021

FirmPeriodHoursFeesRatesSource
(firm not named)capacity not statedfirm not named in the heading30 Oct 2020 – 31 Mar 20216 peopleFirst and Final Report of the Receiver · 3 May 2021
6 people — (firm not named), 30 Oct 2020 – 31 Mar 2021 · 23 blurred figures
NameTitleHoursRateFees
Patty WoodTrusteestated average
Greg IbbottTrusteestated average
Julie KennedyTrusteestated average
Seamus BoyleManagerstated average
Elizabeth ChenAccountantstated average
Heather UrsakiAdmin. Assistantstated average
VariousSupport Staff—stated average
Total——stated average
Borden Ladner Gervais LLPCounsel to the receiver29 Oct 2020 – 30 Apr 202113 peopleFirst and Final Report of the Receiver · 3 May 2021
13 people — Borden Ladner Gervais LLP, 29 Oct 2020 – 30 Apr 2021 · 41 blurred figures
NameTitleHoursRateFees
S. LakatosPartnerstated average
B.D. PortasPartnerstated average
E.C. LittlePartnerstated average
Lisa HiebertPartnerstated average
R.M. LaityPartnerstated average
M. TolanAssociatestated average
M.G. JohnstoneAssociatestated average
P.K. ByrneAssociatestated average
A. SinghParalegalstated average
H. WongParalegalstated average
S. GarchaArticling Studentstated average
M. GrucheyArticling Studentstated average
R. BarenboimResearch Librarianstated average
Total——stated average

70 blurred figures above

What each firm billed, and each person’s hours and rate — each as the filing states it, with its source.

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Documents
9 filings
DateDocumentFile
Discharge Order
  • Counsel How: operator-correction · Why: the Discharge Order (19 May 2021), para 2: 'The fees and disbursements of the Receiver and its counsel, Borden Ladner Gervais LLP'; Schedule 'A' lists 'Ryan Laity | MNP Ltd., as Receiver' · Firm: Borden Ladner Gervais LLP · Corrects: pairing · For role: receiver · For text: MNP Ltd., as Receiver · Firm party id: d7593650-8aeb-4edc-97da-77f1330c5268 · Folded into role: d40e8a56-989d-4ee6-bb86-f7b7f5c01948
  • Presiding officer Justice MacNaughton
PDF · Subscribers
Notice of Application – Receiver’s Discharge
  • Counsel How: operator-correction · Firm: Borden Ladner Gervais LLP · Corrects: firm_and_client · For role: receiver · For text: MNP Ltd., as Receiver · Firm party id: d7593650-8aeb-4edc-97da-77f1330c5268 · Was firm party id: d7593650-8aeb-4edc-97da-77f1330c5268
PDF · Subscribers
First and Final Report of the Receiver
PDF · Subscribers
Receiver's First Interim ReportPDF · Subscribers
Notice and Statement of ReceiverPDF · Subscribers
Affidavit #1 of Cathie CarmichaelPDF · Subscribers
Notice of ApplicationPDF · Subscribers
Receivership Order
  • Commencement date 30 October 2020
  • Court IN THE SUPREME COURT OF BRITISH COLUMBIA IN BANKRUPTCY AND INSOLVENCY
  • Court file no S2011447
PDF · Subscribers
Affidavit #1 of S. BalakrishnaPDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Centre City Real Estate Inc. and It'll Be Good Hold Co Inc.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 4 November 2026, https://proceedings.ca/case/centre-city-real-estate-inc

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/centre-city-real-estate-inc

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.