Royal Oaks Golf Club Inc.
- Proceeding
- Receivership (court-appointed)Section 33 of the Judicature Act, R.S.N.B. 1973, c. J-2, Rule 41 of the Rules of Court, N.B. Reg 82-73 and Section 243 of the Bankruptcy and Insolvency Act
- File
- SJM-44-2024
- Industry
- Hospitality & leisure · Recreation & fitness
Royal Oaks Golf Club Inc. has been the subject of a court-appointed receivership proceeding since February 23, 2024, when the application commencing the matter was filed under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The proceeding remains active. No further steps are recorded.
The claims bar date has passed — claims were due by
Per the Claims Process Order dated 17 December 2024.
Fourth Report of the Court Appointed Receiver and Manager Deloitte Restructuring Inc. — Court officer report
A claims procedure was approved, setting a claims bar date of 2025-01-31.
Source: Claims Process Order
Third Report of the Court Appointed Receiver and Manager Deloitte Restructuring Inc. — Court officer report
Second Report of the Court Appointed Receiver and Manager Deloitte Restructuring Inc. — Court officer report
Written Submission of the Applicant CWB Maximum Financial Inc. — Application / notice of application
First Report of the Proposed Court Appointed Receiver Deloitte Restructuring Inc — Pre-filing report
Debtor
Royal Oaks Golf Club Inc.
Receiver
Deloitte
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverDeloitte | McInnes Cooper | 29 Nov 2024 | Application · 29 Nov 2024 |
| CreditorCWB Maximum Financial Inc | BoyneClarke LLP | 28 Mar 2024 | Application · 28 Mar 2024 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Canadian Western Bank (CWB) (formerly CWB Maximum Financial Inc. / Maxium Financial Services Inc. / 1951584 Ontario Inc.) · in 83 casesGeneral Security Agreement dated December 20, 2017 (Reg. No. 21978853); General Security Agreement dated December 2, 2022 (Reg. No. 29997038); Collateral Mortgage/Assignment of Rents/Mortgage dated November 23, 2012 on PID 70344148 (Reg. Nos. 32193048, 32196165, 32196306), PID 70488663 (Reg. Nos. 32193048, 32196165, 32196397), and PID 70327937 (Reg. Nos. 32193048, 32196165, 32196272); underlying facilities were a 2012 Promissory Note ($2,150,000.00 original principal advance) and a 2017 Promissory Note ($2,150,000.00 original principal advance), both original advances, not balances. — Earlier · as of 23 Feb 2024 | $2.05M | Affidavit of Rod Randall |
| Secured |
1 more claim in 1 class The stack holds Secured claims.
Every creditor and every amount.
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See all plans2 transactions · 2 closed — Preferred Bid selected, Sale Approval and Vesting Order to be soughtSecond Report of the Court Appointed Receiver and Manager Deloitte… · 17 Jun 2024
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Shizhong Holdings Inc.the Purchased Property | not stated | Closed11 Jul 2024 | Receiver's Certificate |
| unnamedthe Transaction contemplated by the Sale Approval and Vesting Order | not stated | Closed15 Jul 2024 | Fourth Report of the Court Appointed Receiver… |
Secured creditors: a distribution. CWB Maxium Financial Inc. a distribution.Notice of Motion · 13 Nov 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | — | — | a distributioninterim | per the receiver | Notice of Motion · 13 Nov 2024 |
| Secured | CWB Maxium Financial Inc. | — | interim | per the receiver | Amended Pre-Hearing Brief · 2 Dec 2024 |
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.
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See all plans17 engagements · 2 firms — latest: McInnes Cooper, 16 Feb – 30 Oct 2024, in feesAffidavit of Anthony S. Richardson · 12 Nov 2024
| Firm | Period | Hours | Fees | Rates | Source | ||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Deloitte Restructuring Inc.Receiverperiod 8 of 9 | 12 Feb – 31 Aug 2024 | 5 people | Affidavit of James Foran · 8 Nov 2024 | ||||||||||||||||||||||||||||||||
5 people — Deloitte Restructuring Inc., 12 Feb – 31 Aug 2024 · 15 blurred figures
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| Deloitte Restructuring Inc.Receiverperiod 8 of 9 | 1 Aug – 31 Aug 2024 | 3 people | Affidavit of James Foran · 8 Nov 2024 | ||||||||||||||||||||||||||||||||
3 people — Deloitte Restructuring Inc., 1 Aug – 31 Aug 2024 · 9 blurred figures
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| Deloitte Restructuring Inc.Receiverperiod 6 of 9 | 2 Jul – 31 Jul 2024 | 3 people | Affidavit of James Foran · 8 Nov 2024 | ||||||||||||||||||||||||||||||||
3 people — Deloitte Restructuring Inc., 2 Jul – 31 Jul 2024 · 9 blurred figures
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| Deloitte Restructuring Inc.Receiverperiod 5 of 9 | 1 Jun – 28 Jun 2024 | 5 people | Affidavit of James Foran · 8 Nov 2024 | ||||||||||||||||||||||||||||||||
5 people — Deloitte Restructuring Inc., 1 Jun – 28 Jun 2024 · 15 blurred figures
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| Deloitte Restructuring Inc.Receiverperiod 4 of 9 | 1 May – 31 May 2024 | 3 people | Affidavit of James Foran · 8 Nov 2024 | ||||||||||||||||||||||||||||||||
3 people — Deloitte Restructuring Inc., 1 May – 31 May 2024 · 9 blurred figures
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| Deloitte Restructuring Inc.Receiverperiod 3 of 9 | 1 Apr – 30 Apr 2024 | 3 people | Affidavit of James Foran · 8 Nov 2024 | ||||||||||||||||||||||||||||||||
3 people — Deloitte Restructuring Inc., 1 Apr – 30 Apr 2024 · 9 blurred figures
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| Deloitte Restructuring Inc.Receiverperiod 2 of 9 | 1 Mar – 28 Mar 2024 | 5 people | Affidavit of James Foran · 8 Nov 2024 | ||||||||||||||||||||||||||||||||
5 people — Deloitte Restructuring Inc., 1 Mar – 28 Mar 2024 · 15 blurred figures
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| Deloitte Restructuring Inc.Receiverperiod 1 of 9 | 12 Feb – 29 Feb 2024 | 2 people | Affidavit of James Foran · 8 Nov 2024 | ||||||||||||||||||||||||||||||||
2 people — Deloitte Restructuring Inc., 12 Feb – 29 Feb 2024 · 6 blurred figures
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| Deloitte Restructuring Inc.Receiverperiod 1 of 9 | — | — | Fourth Report of the Court Appointed Receiver and Manager Deloitte… · 16 Apr 2026 | ||||||||||||||||||||||||||||||||
| McInnes CooperCounsel to the receiverperiod 7 of 8 | to 30 Oct 2024 | 4 people | Affidavit of Anthony S. Richardson · 12 Nov 2024 | ||||||||||||||||||||||||||||||||
| McInnes CooperCounsel to the receiverperiod 7 of 8 | 16 Feb – 30 Oct 2024 | — | not stated | Affidavit of Anthony S. Richardson · 12 Nov 2024 | |||||||||||||||||||||||||||||||
| McInnes CooperCounsel to the receiverperiod 5 of 8 | to 30 Sep 2024 | 5 people | Affidavit of Anthony S. Richardson · 12 Nov 2024 | ||||||||||||||||||||||||||||||||
| McInnes CooperCounsel to the receiverperiod 4 of 8 | to 30 Jun 2024 | 8 people | Affidavit of Anthony S. Richardson · 12 Nov 2024 | ||||||||||||||||||||||||||||||||
| McInnes CooperCounsel to the receiverperiod 3 of 8 | to 31 May 2024 | 3 people | Affidavit of Anthony S. Richardson · 12 Nov 2024 | ||||||||||||||||||||||||||||||||
| McInnes CooperCounsel to the receiverperiod 2 of 8 | to 30 Apr 2024 | 7 people | Affidavit of Anthony S. Richardson · 12 Nov 2024 | ||||||||||||||||||||||||||||||||
| McInnes CooperCounsel to the receiverperiod 1 of 8 | to 31 Mar 2024 | 6 people | Affidavit of Anthony S. Richardson · 12 Nov 2024 | ||||||||||||||||||||||||||||||||
| McInnes CooperCounsel to the receiverperiod 1 of 8 | — | — | Fourth Report of the Court Appointed Receiver and Manager Deloitte… · 16 Apr 2026 | ||||||||||||||||||||||||||||||||
233 blurred figures above
What each firm billed, and each person’s hours and rate — each as the filing states it, with its source.
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See all plansAs at ·
The total 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 |
|---|---|---|
| Letter to Clerk of the Court | PDF · Subscribers | |
| Letter to the Court | PDF · Subscribers | |
| Letter to Stephen Kingston | PDF · Subscribers | |
Affidavit of Esmond Clouthier
| PDF · Subscribers | |
Fourth Report of the Court Appointed Receiver and Manager Deloitte Restructuring Inc.
| PDF · Subscribers | |
Summary List of Allowed, Revised of Disallowed Claims
| PDF · Subscribers | |
Claims Process Order
| PDF · Subscribers | |
| Interim Distribution Order | PDF · Subscribers | |
Amended Pre-Hearing Brief
| PDF · Subscribers | |
Pre-Hearing Brief
| PDF · Subscribers | |
| Affidavit of Ronald Hrynyk | PDF · Subscribers | |
| Supplemental Record on Motion | PDF · Subscribers | |
| Affidavit of Steve Lunn | PDF · Subscribers | |
Notice of Motion
| PDF · Subscribers | |
Affidavit of Anthony S. Richardson
| PDF · Subscribers | |
Affidavit of James Foran
| PDF · Subscribers | |
| Third Report of the Court Appointed Receiver and Manager Deloitte Restructuring Inc. | PDF · Subscribers | |
| Letter to Interested Parties | PDF · Subscribers | |
Receiver's Certificate
| PDF · Subscribers | |
| Sale Approval and Vesting Order | PDF · Subscribers | |
| Sealing Order | PDF · Subscribers | |
| Notice of Motion - June 18 2024 | PDF · Subscribers | |
| Submissions of TW1 Oaks inc. on Sealing Order | PDF · Subscribers | |
| Confidential Supplement to the Second Report of the Court Appointed Receiver and Manager Deloitte Restructuring Inc. | PDF · Subscribers | |
| Due Dilligence Affidavit -M. Lach | PDF · Subscribers | |
| Letter to Respondents and Interested Parties | PDF · Subscribers | |
Second Report of the Court Appointed Receiver and Manager Deloitte Restructuring Inc.
| PDF · Subscribers | |
| Motion for a Receivership Order | PDF · Subscribers | |
Receivership Order
| PDF · Subscribers | |
| Sales Process Order | PDF · Subscribers | |
Written Submission of the Applicant CWB Maximum Financial Inc.
| PDF · Subscribers | |
Affidavit of Douglas W. Schipilow
| PDF · Subscribers | |
Affidavit of Rod Randall
| PDF · Subscribers | |
Notice of Application
| PDF · Subscribers | |
First Report of the Proposed Court Appointed Receiver Deloitte Restructuring Inc
| PDF · Subscribers | |
| Motion for a Sales Process Order | PDF · Subscribers | |
| Notice to Creditors | 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., “Royal Oaks Golf Club Inc.” (Receivership (court-appointed)), Court of King's Bench of New Brunswick. Retrieved 4 November 2026, https://proceedings.ca/case/royal-oaks-golf-club-inc