Terra Firma Development Corporation Limited
- Proceeding
- ProposalSection 69.4 of the Bankruptcy and Insolvency Act
- File
- Hfx No. 44436
- Industry
- Real estate · Residential development
Terra Firma Development Corporation Limited is proceeding under Division I of the Bankruptcy and Insolvency Act in the Supreme Court of Nova Scotia in Bankruptcy and Insolvency, court file Hfx No. 44436. The proceeding commenced on September 22, 2020, the same day an interim order was granted. The matter remains active. The record shows no steps after the September 22, 2020 interim order.
A claims procedure has been established — see the order for deadlines.
Debtor
Terra Firma Development Corporation Limited
Proposal trustee
MNP
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | TFDC AsiaCorp Berhad (TFDC Asia)Mortgages over PIDs 45405552 and 45405560; TFDC AsiaCorp also separately owns PID 45382728 — Related party — TFDC AsiaCorp Berhad is a wholly owned subsidiary of TFDC; debt believed owed to TFDC Asia and its underlying international investors. — debtor: Terra Firma Development Corporation Limited (Canada) | $7.88M | Trustee's Report on Preliminary Administration |
| Secured | |||
| Secured | |||
| Secured | |||
| Secured | |||
| Secured | |||
| Secured |
6 more claims in 1 class The stack holds Secured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: no distribution.EstimatedBook of Authorities · 10 Mar 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | unsecured creditors of Meridian | — | no distribution | Estimated | Book of Authorities · 10 Mar 2025 |
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.
| Date | Document | File |
|---|---|---|
Decision of Registrar Raffi Balmanoukian on May 22, 2025 Hearing
| PDF · Subscribers | |
| Applicant's Reply Submissions | PDF · Subscribers | |
| Reply Affidavit of C. Rochon | PDF · Subscribers | |
| Reply Book of Authorities | PDF · Subscribers | |
| Report of Trustee Responding to Motion | PDF · Subscribers | |
Affidavit of C. Rochon
| PDF · Subscribers | |
Book of Authorities
| PDF · Subscribers | |
| Brief | PDF · Subscribers | |
Notice of Motion
| PDF · Subscribers | |
Minutes of First Meeting of Creditors
| PDF · Subscribers | |
| MNP Response to McInnes Cooper | PDF · Subscribers | |
| Letter to Creditors - Voting Letter | PDF · Subscribers | |
| Letter to MNP from McInnes Cooper | PDF · Subscribers | |
Creditor Package - Division 1 Proposal
| PDF · Subscribers | |
Minutes - Third Meeting of Creditors
| PDF · Subscribers | |
| Call for Expressions of Interest - Inspector Positions | PDF · Subscribers | |
Notice of Meeting of Creditors
| PDF · Subscribers | |
Notice to Creditors re February 8, 2021 Meeting
| PDF · Subscribers | |
Claims Register as at Start of First Meeting of Creditors
| PDF · Subscribers | |
Minutes - First Meeting of Creditors on November 12, 2020
| PDF · Subscribers | |
Trustee's Report on Preliminary Administration
| PDF · Subscribers | |
| Creditor FAQ (Frequently Asked Questions) | PDF · Subscribers | |
| Proof of Claim Checklist | PDF · Subscribers | |
| Creditor Package | PDF · Subscribers | |
| Proof of Claim (Form 31) | PDF · Subscribers | |
Proxy (Form 36)
| PDF · Subscribers | |
Bankruptcy Order
| 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., “Terra Firma Development Corporation Limited” (Proposal), Supreme Court of Nova Scotia. Retrieved 4 November 2026, https://proceedings.ca/case/terra-firma-development-corporation-limited