Proceedings.

Cochran Landing Limited Partnership, Cochran Landing GP Inc., and CL Development Ltd.

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Active
Proceeding
ProposalBankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, ss. 58 - 60
File
Hfx. No. 513552
Filings held13
Last activity22 Jul 2022
On the record1,645 days
OverviewSummary updated

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.

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Case updates13 dated entries

10 earlier updates, back to 21 March 2022 subscribers.

Parties

Debtor

Cochran Landing Limited Partnership, Cochran Landing GP Inc., and CL Development Ltd.

Proposal trustee

BDO

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
UnsecuredProf. Dr. Peter Herbert Maieras of NOI filing date — debtor: Cochran Landing GP Inc.$700KCochran Landing Group_NOI Package
21 more claims across lower-ranking classesSubscribe to view
RecoveriesAs stated in the filings

Unsecured creditors: no distribution.Under the plan · sanctionedSecond Report of the Proposal Trustee as filed June 22, 2022 · 1 Jun 2022

ClassCreditorClaimsRecoveryBasisSource
Deemed trustpaid in fullUnder the plansanctionedper the courtOrder Approving the Proposal - July 22 2022 · 22 Jul 2022
Unsecuredno distributionconditionalUnder the plansanctionedper the proposal trusteeSecond Report of the Proposal Trustee as filed June 22, 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.

3 stated figures across 2 outcomes, 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

Cumulative receipts

$4.5M

As at 22 Mar 2022First Report of the Proposal Trustee

1 more reported figure, as at 22 Mar 2022Subscribe to view
Documents
13 filings
DateDocumentFile
Order Approving the Proposal - July 22 2022
  • Presiding officer Justice Scott C. Norton
  • Recovery outcome Entries: per plan · Table missing:
PDF · Subscribers
Notice of Motion as filed June 22, 2022
  • Applicant BDO Canada Limited
  • Appointee BDO Canada Limited
  • Appointee role Proposal Trustee
  • Commencement date 22 June 2022
  • + 3 more extracted facts
PDF · Subscribers
Pre-Hearing Brief as filed June 22, 2022PDF · Subscribers
Second Report of the Proposal Trustee as filed June 22, 2022
  • Recovery outcome Entries: per plan; per liquidation_alternative · Stated on: 2022-06-01 · Table missing: The Proposal Trustee estimates the net distribution to Unsecured Creditors under a potential bankruptcy scenario as follows:
  • Financial position Subscribers
PDF · Subscribers
Cochran Group Proposal_June 17 2022_Final_Signed
  • Recovery outcome Entries: per plan · Table missing:
PDF · Subscribers
Report of Trustee on The Proposal
PDF · Subscribers
The Cochran Group Creditors Package June 1 2022
  • Recovery outcome Entries: per plan; per liquidation_alternative; per liquidation_alternative · Stated on: 2022-06-01 · Table missing:
PDF · Subscribers
Order Granting Extension of Time to File a Proposal April 1 2022
  • Presiding officer Justice Darlene A. Jamieson
PDF · Subscribers
First Report of the Proposal Trustee
  • Operational summary 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.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Notice of Application in Chambers
  • Applicant CL Development Ltd., Cochran Landing Limited Partnership, and Cochran Landing GP Inc.
  • Commencement date 21 March 2022
  • Court SUPREME COURT OF NOVA SCOTIA IN BANKRUPTCY AND INSOLVENCY
  • Court file no 45130
  • + 1 more extracted fact
PDF · Subscribers
Pre - Hearing Memorandum
  • Applicant CL Development Ltd., Cochran Landing Limited Partnership and Cochran Landing GP Inc.
  • Commencement date 21 March 2022
  • Court Supreme Court of Nova Scotia
  • Statutory basis s. 6 of the General Rules under the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3 and BIA s. 50.4(9)
PDF · Subscribers
Affidavit of Ralph ViereckPDF · Subscribers
Cochran Landing Group_NOI Package
  • Financial position · Secured creditors · Unsecured creditors Subscribers
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 20 September 2026, https://proceedings.ca/case/cochran-landing-limited-partnership-cochran-landing-gp-inc-and-cl-development-lt

Sources last checked · summary updated 21 August 2026 · Report a correction · Printed from proceedings.ca/case/cochran-landing-limited-partnership-cochran-landing-gp-inc-and-cl-development-lt

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.