Symphony Homes (Moonlight Sonata) Limited
- Proceeding
- CCAACompanies' Creditors Arrangement Act, R.S.C. 1985, c. C-36
- File
- S-264225
- Industry
- Real estate · Residential development
Symphony Homes (Moonlight Sonata) Limited obtained CCAA protection from the Supreme Court of British Columbia at Vancouver on June 17, 2026 under court file S-264225, together with 1168386 B.C. Ltd., 1197030 B.C. Ltd., 1197062 B.C. Ltd., Symphony Homes (Wayburne) Ltd. and 663466 B.C. Ltd. AlixPartners Restructuring, Inc. is Monitor, represented by Mary Buttery, K.C. and Christian Garton, and the initial stay ran to June 26, 2026. Interim financing of $500,000 from KingSett Mortgage Corporation is secured by an Interim Lender's Charge ranking behind a first-priority Administration Charge to a maximum of $150,000 for the Monitor, the Monitor's counsel and counsel to the Petitioners. Reported cash on hand is $12,000. The Monitor has reported three times, and orders were granted on July 29, 2026. The proceeding is active.
Response Bok on Application for Leave to Appeal dated October 19, 2026 — Application / notice of application
Application Response of KingSett to the Monitor's Application dated October 1, 2026 — Application / notice of application
Application Response of KingSett to the Petitioners Application dated October 1, 2026 — Application / notice of application
A second order bearing the same July 29, 2026 date was entered in the proceeding.
Source: Enhanced Powers and Stay Extension Order dated July 29, 2026
Order granted six weeks after the initial order, on the same day the Monitor filed a further report.
Further Monitor's report filed on July 29, 2026, the date of the orders granted that day.
Source: Supplement to Second Report of the Monitor dated July 29, 2026
Recorded the notice program — CCAA notices mailed and emailed, Forms 1 and 2 filed, case website postings and publication in the Vancouver Sun — plus construction budget and remobilization discussions, Cash Flow Forecast assistance, and review of the proposed increase to the Interim Financing Facility and the Debtors' comeback hearing materials.
The stay of proceedings was extended to 2026-07-31.
Source: Amended and Restated Initial Order dated July 3, 2026
Reported the Monitor's review since appointment of the Debtors' financial affairs, banking arrangements, construction activities, pre-sale program and corporate records, filed on the day the initial stay expired.
Commenced the CCAA proceeding for the six Symphony Homes entities in the Vancouver Registry as file S-264225, appointed AlixPartners Restructuring, Inc. as Monitor and stayed proceedings to June 26, 2026.
Case update
Moonlight Sonata: five bank statements before the leave hearing
With the petitioners' application for leave to appeal set for October 27, AlixPartners' Fifth Report says the bank statements the debtors gave the project's cost consultant overstated a TD account's closing balance in each of the five 2025 months it checked, by $970,218.66 to $2,035,766.33. The principal, through counsel, says he was unaware of them.
Guide
What happens to your deposit if your builder goes bankrupt in Canada
When a Canadian builder goes bankrupt or into receivership, buyers of condos, new homes and presales have paid deposits that may be in trust, insured or already spent. How Tarion, deposit insurance and the trust rules work in Ontario, British Columbia, Alberta and Québec, what a receiver can do with your purchase agreement, and how deposits come back, drawn from the court record.
Case update
Moonlight Sonata: a restart plan, a suspended permit and ten $10,000 deposits
The monitor asks the court on October 5 to approve Townline as construction and development manager, raise the interim borrowing limit to $7.5 million and extend the stay to December 18. Its Fourth Report adds a suspended building permit, terminated home warranty policies and a former sales representative's account of ten presales with $10,000 deposits.
Case update
Moonlight Sonata: the monitor lines up a builder, and a guarantor asks out
Six weeks after Justice Milman gave AlixPartners the powers of the board over a stalled 51-townhome first phase in Burnaby, the monitor has disclaimed the Symphony group's construction management contract, chosen Townline Construction to negotiate a restart and reported that the project's BC Housing builder licence expired on July 31, 2025. The stay now runs to October 9, and the petitioners want 663466 B.C. Ltd., the founder's holding company, out of the CCAA.
Debtor
Symphony Homes (Moonlight Sonata) Limited
Monitor
AlixPartners
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Milman | Supreme Court of British Columbia | 5 orders, Jun 2026 – Sep 2026 | 17 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorAlixPartners | Osler, Hoskin & Harcourt LLP | 29 Jul 2026 | Service list · 29 Jul 2026 |
| ApplicantSymphony Homes (Moonlight Sonata) Limited | Clark Wilson LLP | 29 Jul 2026 | Service list · 29 Jul 2026 |
| CreditorBC Financial Services Authority (BCFSA) | McLean & Armstrong LLP | 4 Sep 2026 | Application · 4 Sep 2026 |
| CreditorDag Masonry Ltd | Morelli Chertkow LLP | 17 Jun 2026 | Service list · 17 Jun 2026 |
| CreditorDoka Canada Ltd | McLean & Armstrong LLP · Solimano Law | 28 Jul 2026 | Service list · 17 Sep 2026 |
| CreditorHaney Builders' Supplies (1971) Ltd | Kuhn LLP | 29 Jul 2026 | Service list · 29 Jul 2026 |
| CreditorKingSett Mortgage Corporation | Fasken Martineau DuMoulin LLP | 17 Jun 2026 | Service list · 17 Jun 2026 |
| CreditorMountview Construction Ltd | Kuhn LLP · Solimano Law | 28 Jul 2026 | Application · 27 Aug 2026 |
| CreditorSolimano Law Attention: Diego Solimano Samuel Drinovz | Kuhn LLP | 4 Sep 2026 | Application · 4 Sep 2026 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| Court-ordered charges | ||||
| 1 | Court-ordered charges | Interim financing (DIP) charge | $500K | CCAA Initial Order dated June 19, 2026 |
| 1 | Court-ordered charges | |||
| 1 | Court-ordered charges | |||
| Pre-filing debt | ||||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
22 more claims in 4 classes The stack holds Court-ordered charges, Secured, PMSI / lessors and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansKingSett Mortgage Corporation: shortfall.EstimatedNotice of Application · 21 Jul 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | KingSett Mortgage Corporation | — | shortfall | Estimatedper the debtor | Notice of Application · 21 Jul 2026 |
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.
As at ·
Cash on hand
$12K
As at 21 Jul 2026Second Report of the Monitor dated July 21, 2026
Professional fees
As at
1 more reported figure, and 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 |
|---|---|---|
Notice to Moonlight Sonata Purchasers dated November 2, 2026
| PDF · Subscribers | |
Fifth Report of the Monitor dated October 19, 2026
| PDF · Subscribers | |
Response Bok on Application for Leave to Appeal dated October 19, 2026
| PDF · Subscribers | |
Notice to Moonlight Sonata Purchasers dated October 14, 2026
| PDF · Subscribers | |
Court Order dated October 5, 2026
| PDF · Subscribers | |
Affidavit #3 of Daniel Pollack sworn October 1, 2026
| PDF · Subscribers | |
Application Response of KingSett to the Monitor's Application dated October 1, 2026
| PDF · Subscribers | |
Application Response of KingSett to the Petitioners Application dated October 1, 2026
| PDF · Subscribers | |
Affidavit #1 of Pamela Ang sworn September 29, 2026
| PDF · Subscribers | |
Application Response dated September 29, 2026
| PDF · Subscribers | |
Fourth Report to Court dated September 29, 2026
| PDF · Subscribers | |
Notice of Application dated September 29, 2026
| PDF · Subscribers | |
Service list as at September 17, 2026
| PDF · Subscribers | |
Court Order dated September 10, 2026
| PDF · Subscribers | |
Filed Notice of Application dated September 4, 2026
| PDF · Subscribers | |
Third Report of the Monitor dated September 4, 2026
| PDF · Subscribers | |
| Affidavit #2 of Gurmel Singh Kainth dated August 27, 2026 | PDF · Subscribers | |
| Affidavit #6 of Gurdeep Singh Kainth dated August 27, 2026 | PDF · Subscribers | |
Notice of Application dated August 27, 2026
| PDF · Subscribers | |
Notice to Moonlight Sonata Purchasers dated July 31 2026
| PDF · Subscribers | |
| Affidavit #1 of Charmaine Magday filed July 29, 2026 | PDF · Subscribers | |
Enhanced Powers and Stay Extension Order dated July 29, 2026
| PDF · Subscribers | |
Sealing Order dated July 29, 2026
| PDF · Subscribers | |
Service List as at July 29, 2026
| PDF · Subscribers | |
Supplement to Second Report of the Monitor dated July 29, 2026
| PDF · Subscribers | |
| Affidavit #2 of Jordan Beaulieu made July 28, 2026 | PDF · Subscribers | |
| Affidavit No. 1 of Gurmel Singh Kainth filed July 28, 2026 | PDF · Subscribers | |
| Affidavit No. 3 of Jatinderpal Singh Hothi filed July 28, 2026 | PDF · Subscribers | |
| Affidavit No. 5 of Gurdeep Singh Kainth filed July 28, 2026 | PDF · Subscribers | |
| Application Response filed July 28, 2026 | PDF · Subscribers | |
Notice of Application filed July 28, 2026
| PDF · Subscribers | |
| Affidavit #1 of Daniel Pollack dated July 21, 2026 | PDF · Subscribers | |
Notice of Application dated July 21, 2026
| PDF · Subscribers | |
Second Report of the Monitor dated July 21, 2026
| PDF · Subscribers | |
Amended and Restated Initial Order dated July 3, 2026
| PDF · Subscribers | |
Notice to Moonlight Sonata Purchasers dated June 29, 2026
| PDF · Subscribers | |
First Report of the Monitor dated June 26, 2026
| PDF · Subscribers | |
| Affidavit #4 of Gurdeep Singh Kainth dated June 25, 2026 | PDF · Subscribers | |
| Notice of Application dated June 25, 2026 | PDF · Subscribers | |
CCAA Notice to Creditors dated June 23, 2026
| PDF · Subscribers | |
CCAA Initial Order dated June 19, 2026
| PDF · Subscribers | |
| Affidavit #1 of Jordan Beaulieu made June 17, 2026 | PDF · Subscribers | |
List of Creditors as at June 17, 2026
| PDF · Subscribers | |
| Affidavit #3 of Gurdeep Singh Kainth made June 13, 2026 | PDF · Subscribers | |
| Affidavit #2 of G. Kainth made June 12, 2026 | PDF · Subscribers | |
Filed Petition dated June 5, 2026
| PDF · Subscribers | |
Affidavit #1 of Gurdeep Singh Kainth with Exhibits made June 4, 2026
| 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., “Symphony Homes (Moonlight Sonata) Limited” (CCAA), Supreme Court of British Columbia. Retrieved 4 November 2026, https://proceedings.ca/case/symphony-homes-moonlight-sonata-limited