Cochran Landing Limited Partnership, Cochran Landing GP Inc., and CL Development Ltd.
- Proceeding
- ProposalBankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, ss. 58 - 60
- File
- Hfx. No. 513552
- Industry
- Real estate
Cochran Landing Limited Partnership, Cochran Landing GP Inc. and CL Development Ltd. remain in active Division I proposal proceedings before the Supreme Court of Nova Scotia, commenced 21 March 2022 under court file numbers 45130 and Hfx. No. 513552. The three debtors proceeded together under s. 50.4(9) of the Bankruptcy and Insolvency Act and s. 6 of the Bankruptcy and Insolvency General Rules. Lists of creditors with claims of $250 or more, stated as at the notice of intention filing date, are substantially identical across the three estates and consist almost entirely of individual claimants, together with Reichenbach Investment GmbH at $157,920. The largest unsecured claims are those of Prof. Dr. Peter Herbert Maier at $699,828, Ute & Egon Welte at $493,832, Peter Lang at $484,378 and Dirk Ruwisch at $394,125.
Application filed, commencing the Division I proposal proceedings for the three entities in the Supreme Court of Nova Scotia in Bankruptcy under file Hfx. No. 513552.
The officer filed report no. First Report of the Proposal Trustee. The Cochran Group's condominium and golf resort development has effectively stalled since 2020, with no active construction by the Companies themselves, though a related company continues work on the adjacent golf course; management is pursuing a holding-type joint proposal to creditors.
CL Development Ltd., Cochran Landing Limited Partnership and Cochran Landing GP Inc. applied jointly in the Supreme Court of Nova Scotia under BIA s. 50.4(9) and General Rule 6.
CL Development Ltd., Cochran Landing Limited Partnership and Cochran Landing GP Inc. applied to the Supreme Court of Nova Scotia under s. 6 of the BIA General Rules and BIA s. 50.4(9).
Source: Pre - Hearing Memorandum
Debtor
Cochran Landing Limited Partnership, Cochran Landing GP Inc., and CL Development Ltd.
Proposal trustee
BDO
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Norton | Supreme Court of Nova Scotia | 1 order, Jul 2022 | 6 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Proposal trusteeBDO | McInnes Cooper | 22 Jun 2022 | Application · 22 Jun 2022 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Prof. Dr. Peter Herbert Maieras of NOI filing date — debtor: CL Development Ltd. | $700K | Cochran Landing Group_NOI Package |
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured |
21 more claims in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansUnsecured creditors: no distribution.Under the plan · sanctionedThe Cochran Group Creditors Package June 1 2022 · 1 Jun 2022
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | — | — | paid in full | Under the plansanctionedper the court | Order Approving the Proposal - July 22 2022 · 22 Jul 2022 |
| Unsecured | — | — | no distributionvs. in a bankruptcyconditional | Under the plansanctionedper the proposal trustee | The Cochran Group Creditors Package June 1 2022 · 1 Jun 2022 |
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.
1 blurred figure above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansAs at ·
Cumulative receipts
$4.5M
As at 22 Mar 2022First Report of the Proposal Trustee
Cumulative disbursements
As at
1 more reported figure, and the total the debtor stated at filing
Each one as the filing states it, with its source.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plans| Date | Document | File |
|---|---|---|
Order Approving the Proposal - July 22 2022
| PDF · Subscribers | |
Notice of Motion as filed June 22, 2022
| PDF · Subscribers | |
| Pre-Hearing Brief as filed June 22, 2022 | PDF · Subscribers | |
Second Report of the Proposal Trustee as filed June 22, 2022
| PDF · Subscribers | |
Cochran Group Proposal_June 17 2022_Final_Signed
| PDF · Subscribers | |
Report of Trustee on The Proposal
| PDF · Subscribers | |
The Cochran Group Creditors Package June 1 2022
| PDF · Subscribers | |
Order Granting Extension of Time to File a Proposal April 1 2022
| PDF · Subscribers | |
First Report of the Proposal Trustee
| PDF · Subscribers | |
Notice of Application in Chambers
| PDF · Subscribers | |
Pre - Hearing Memorandum
| PDF · Subscribers | |
| Affidavit of Ralph Viereck | PDF · Subscribers | |
Cochran Landing Group_NOI Package
| 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., “Cochran Landing Limited Partnership, Cochran Landing GP Inc., and CL Development Ltd.” (Proposal), Supreme Court of Nova Scotia. Retrieved 5 November 2026, https://proceedings.ca/case/cochran-landing-limited-partnership-cochran-landing-gp-inc-and-cl-development-lt