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.
Homco Realty Fund (71) Limited Partnership
- Proceeding
- BankruptcyThe Bankruptcy and Insolvency Act, a federal act in Canada
- File
- 36958
- Industry
- Real estate
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.
A claims procedure has been established — see the order for deadlines.
Debtor
Homco Realty Fund (71) Limited Partnership
Trustee in bankruptcy
Deloitte & Touche
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | ABN 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 | $6.96M | Statement of Affairs |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
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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See all plansUnsecured creditors: a distribution.EstimatedTrustee’s Preliminary Report to Creditors · 18 Jan 2013
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | listed | conditional | Estimatedper the trustee | Trustee’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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See all plansAs 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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See all plans| Date | Document | File |
|---|---|---|
Trustee’s Preliminary Report to Creditors
| PDF · Subscribers | |
Notice to Creditors
| PDF · Subscribers | |
Certificate of Appointment
| PDF · Subscribers | |
| Proof of Claim Form, Proxy & Instruction Sheet | PDF · Subscribers | |
Statement of Affairs
| 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