Proceedings.

Homco Realty Fund (71) Limited Partnership

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Proceeding
BankruptcyThe Bankruptcy and Insolvency Act, a federal act in Canada
File
36958
Filings held5
Last activity18 Jan 2013
On the record5,012 days
Secured debt$6.96M
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.

Claims processIf you are owed money

A claims procedure has been established — see the order for deadlines.

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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

#Claims

A claims process was approved for the estate. The record dates the approval only to the December 31, 2012 commencement and sets out no bar date or terms.

Source: Notice to Creditors

Parties

Debtor

Homco Realty Fund (71) Limited Partnership

Trustee in bankruptcy

Deloitte

Capital structureAs asserted in the filings
stated amounts, drawn to scale · 17 named without a figure
#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
8UnsecuredABN AMRO Bank NV · in 7 casesdebtor: Homco Realty Fund (71) LP · as of 31 Dec 2012$10.6MStatement of Affairs
8UnsecuredBalastingdienst · in 2 casesdebtor: Homco Realty Fund (71) LP · as of 31 Dec 2012$95.3KStatement of Affairs
8UnsecuredHinvest REMS BV · in 7 casesrelated entity within Homburg group — debtor: Homco Realty Fund (71) LP · as of 31 Dec 2012$19.8KStatement of Affairs
8UnsecuredHoogheemraadschap Des Stichtse Rijnlande · in 2 casesdebtor: Homco Realty Fund (71) LP · as of 31 Dec 2012$0Statement of Affairs
8UnsecuredHomburg Real Estate Service BV · in 7 casesrelated entity within Homburg group — debtor: Homco Realty Fund (71) LP · as of 31 Dec 2012$0Statement of Affairs
8UnsecuredHomburg Management & Accounting BV · in 4 casesrelated entity within Homburg group — debtor: Homco Realty Fund (71) LP · as of 31 Dec 2012$0Statement of Affairs
8UnsecuredGemeente Houten · in 2 casesdebtor: Homco Realty Fund (71) LP · as of 31 Dec 2012$0Statement of Affairs
8UnsecuredFlora Nova · in 2 casesdebtor: Homco Realty Fund (71) LP · as of 31 Dec 2012$0Statement of Affairs
8UnsecuredEiro Dakbedekkingsbedrijfdebtor: Homco Realty Fund (71) LP · as of 31 Dec 2012$0Statement of Affairs
8UnsecuredConsolidated Nederland · in 2 casesdebtor: Homco Realty Fund (71) LP · as of 31 Dec 2012$0Statement of Affairs
8UnsecuredBoekel de Neree · in 2 casesdebtor: Homco Realty Fund (71) LP · as of 31 Dec 2012$0Statement of Affairs
8UnsecuredMeijers Assuratiën · in 2 casesdebtor: Homco Realty Fund (71) LP · as of 31 Dec 2012$0Statement of Affairs
8UnsecuredLakeman Liften · in 2 casesdebtor: Homco Realty Fund (71) LP · as of 31 Dec 2012$0Statement of Affairs
8UnsecuredAlsta BV · in 2 casesdebtor: Homco Realty Fund (71) LP · as of 31 Dec 2012$0Statement of Affairs
8UnsecuredVitafront BV · in 2 caseslisted twice (two addresses); combined amount 0.00 — debtor: Homco Realty Fund (71) LP · as of 31 Dec 2012$0Statement of Affairs
8UnsecuredVier Leeuwen Incasso · in 2 casesdebtor: Homco Realty Fund (71) LP · as of 31 Dec 2012$0Statement of Affairs
8UnsecuredStravers BV · in 2 casesdebtor: Homco Realty Fund (71) LP · as of 31 Dec 2012$0Statement of Affairs
8UnsecuredKONE BV · in 2 casesdebtor: Homco Realty Fund (71) LP · as of 31 Dec 2012$0Statement of Affairs
8UnsecuredJacob Elektro BV · in 2 casesdebtor: Homco Realty Fund (71) LP · as of 31 Dec 2012$0Statement of Affairs
8UnsecuredHSBC Bank Canada · in 54 casesdebtor: Homco Realty Fund (71) LP · as of 31 Dec 2012$0Statement of Affairs
RecoveriesAs stated in the filings

Unsecured creditors: 0–7 %.EstimatedTrustee’s Preliminary Report to Creditors · 18 Jan 2013

ClassCreditorClaimsRecoveryBasisSource
Unsecured$11.3Mlisted0–7 %conditionalEstimatedper 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.

Estate financialsReported figures — never derived
Total assets at filing$6.96M
Total liabilities at filing$17.7M

As at 31 Dec 2012 · per Statement of Affairs (Form 78), as stated and estimated by the officer · Homco Realty Fund (71) LP, entity-level — Total unsecured creditors $10,718,491.79; Secured creditors $6,959,812.00; Preferred creditors $0.00; Contingent/trust claims $0.00; resulting deficiency of $10,718,491.79 (Surplus: NIL)

Cash on hand

$350K

As at 18 Jan 2013Trustee’s Preliminary Report to Creditors

Professional fees to date

$20.6K

As at 18 Jan 2013Trustee’s Preliminary Report to Creditors

Documents5 filings
DateDocumentFile
Trustee’s Preliminary Report to Creditors
  • Appointee Deloitte & Touche Inc.
  • Appointee role Trustee
  • Cash on hand $350K · Note: Cash figure from Statement of Affairs as of December 27, 2012, based on December 17, 2012 bank account balances. · As at: 2012-12-17
  • Commencement date 31 December 2012
  • + 10 more extracted facts
PDF
Notice to Creditors
  • Commencement date 31 December 2012
  • Court NOVA SCOTIA BANKRUPTCY COURT
  • Court file no 36958
  • Province NOVA SCOTIA
PDF
Certificate of Appointment
  • Appointee Deloitte & Touche Inc.
  • Appointee role Trustee
  • Commencement date 31 December 2012
  • Court file no 36958
  • + 1 more extracted fact
PDF
Proof of Claim Form, Proxy & Instruction SheetPDF
Statement of Affairs
  • Commencement date 31 December 2012
  • Financial position Assets $6.96M · Liabilities $17.7M · as at 31 Dec 2012 · per Statement of Affairs (Form 78), as stated and estimated by the officer · Homco Realty Fund (71) LP, entity-level — Total unsecured creditors $10,718,491.79; Secured creditors $6,959,812.00; Preferred creditors $0.00; Contingent/trust claims $0.00; resulting deficiency of $10,718,491.79 (Surplus: NIL)
  • Secured creditors $6.96M · Note: Estimated value of security equals amount of claim; balance of claim unsecured $0.00 · Page: 3 · As of: 2012-12-31 · Debtor: Homco Realty Fund (71) LP · Creditor: ABN AMRO Bank NV · Security: Debts 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
  • Statutory basis Subsection 49(2) and Paragraph 158(d) of the Act / Subsections 50(2) and 62(1) of the Act
  • + 1 more extracted fact
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Homco Realty Fund (71) Limited Partnership” (Bankruptcy), Supreme Court of Nova Scotia. Retrieved 20 September 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.