Proceedings.

Homco Realty Fund (71) Limited Partnership

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Proceeding
BankruptcyThe Bankruptcy and Insolvency Act, a federal act in Canada
File
36958
Industry
Real estate
Filings held5
Last activity18 Jan 2013
On the record5,057 days
Secured debtSubscribers
OverviewSummary updated

Homco Realty Fund (71) Limited Partnership entered bankruptcy on December 31, 2012 under the Bankruptcy and Insolvency Act, with Deloitte & Touche Inc. as trustee and the estate carried in the Supreme Court of Nova Scotia under court file 36958. The Statement of Affairs (Form 78), stated as at December 31, 2012, puts total assets at $6,959,812.00 against total liabilities of $17,678,303.79, a deficiency of $10,718,491.79 with no surplus. ABN AMRO Bank NV is the sole secured creditor at $6,959,812.00, secured over building and land valued at $6,331,290.00, cash on hand of $349,925.00, a $267,590.00 debt due from Homburg Invest Inc. and $11,007.00 in 2012 sales taxes, with no unsecured balance on that claim. ABN AMRO also heads the unsecured list at $10,603,393.00, followed by Balastingdienst at $95,323.39 and Hinvest REMS BV at $19,775.40. The proceeding remains active.

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Case updates5 dated entries
#Report

The officer filed report no. Trustee's Preliminary Report to Creditors. H71's sole asset, a leased commercial property in the Netherlands, is subject to a Dutch court-approved private sale to a third-party purchaser to repay secured lender ABN, and the property is expected to be surrendered to ABN given the lack of equity for unsecured creditors. Court file 36958.

Source: Trustee’s Preliminary Report to Creditors

Parties

Debtor

Homco Realty Fund (71) Limited Partnership

Trustee in bankruptcy

Deloitte & Touche

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredABN AMRO Bank NV · in 7 casesDebts Due - Business (Homburg Invest Inc.) $267,590.00; Other - Prepaid expenses $0.00; Other - Sales Taxes 2012 $11,007.00; Real Property or Immovable - Building and Land $6,331,290.00; Cash on Hand - Chequing $349,925.00 — Estimated value of security equals amount of claim; balance of claim unsecured $0.00 — debtor: Homco Realty Fund (71) LP · as of 31 Dec 2012$6.96MStatement of Affairs
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

20 more claims in 1 class The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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RecoveriesAs stated in the filings

Unsecured creditors: a distribution.EstimatedTrustee’s Preliminary Report to Creditors · 18 Jan 2013

ClassCreditorClaimsRecoveryBasisSource
Unsecured—listedconditionalEstimatedper the trusteeTrustee’s Preliminary Report to Creditors · 18 Jan 2013

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.

2 blurred figures above

The claims and what each class or creditor recovers — each as the filing states it, with its source.

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Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

Cash on hand

$350K

As at 17 Dec 2012Trustee’s Preliminary Report to Creditors

Professional fees

As at

1 more reported figure, and the 2 totals the debtor stated at filing

Each one as the filing states it, with its source.

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Documents5 filings
DateDocumentFile
Trustee’s Preliminary Report to Creditors
  • Appointee Deloitte & Touche Inc.
  • Appointee role Trustee
  • Commencement date 31 December 2012
  • Cash on hand Subscribers
  • + 12 more extracted facts
PDF · Subscribers
Notice to Creditors
  • Commencement date 31 December 2012
  • Court NOVA SCOTIA BANKRUPTCY COURT
  • Court file no 36958
  • Financial position Subscribers
  • + 1 more extracted fact
PDF · Subscribers
Certificate of Appointment
  • Appointee Deloitte & Touche Inc.
  • Appointee role Trustee
  • Commencement date 31 December 2012
  • Court file no 36958
  • + 1 more extracted fact
PDF · Subscribers
Proof of Claim Form, Proxy & Instruction SheetPDF · Subscribers
Statement of Affairs
  • Commencement date 31 December 2012
  • Statutory basis Subsection 49(2) and Paragraph 158(d) of the Act / Subsections 50(2) and 62(1) of the Act
  • Financial position · Secured creditors Subscribers
  • + 1 more extracted fact
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., “Homco Realty Fund (71) Limited Partnership” (Bankruptcy), Supreme Court of Nova Scotia. Retrieved 4 November 2026, https://proceedings.ca/case/homco-realty-fund-71-limited-partnership

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/homco-realty-fund-71-limited-partnership

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.