#Order
Receivership order made in Chambers by the Court of Queen's Bench for Saskatchewan, commencing the proceeding under court file no. Q.B.G-SA-747-2022.
Source: v Proposed Receivership Order
Waterfront Developments Ltd.
FollowActive
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, RSC 1985, c B-3 ("BIA"), section 65(1) of The King's Bench Act, 1998, SS 1998, c Q-1.01, and section 64(8) of The Personal Property Security Act, 1993, SS 1993, c P-6.2
- File
- Q.B.G-SA-747-2022
Filings held12
Last activity4 Apr 2025
On the record535 days
Secured debt$5.99M
OverviewSummary updated
Waterfront Developments Ltd. has been under insolvency proceedings since April 4, 2025, when the Court of Queen's Bench for Saskatchewan made a receivership order in Chambers. The matter is carried on the court's records under file no. Q.B.G-SA-747-2022 and is typed as a bankruptcy proceeding. Nothing further has been added to the record since the commencement date, and the case remains active.
Proceedings AIAsk this case — answers cite the filings
Case updates12 dated entries
#Filing
ix Consent to Appointment was filed. Court file QBG-SA-747-2022.
Source: ix Consent to Appointment
Parties
Debtor
Waterfront Developments Ltd.
Receiver
MNP
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Prosperity Credit Union Ltd. (formerly Prairie Centre Credit Union (2006) Ltd.)Greenside Mortgage (registered July 23, 2018, amended by Loan Amendment Agreement eff. Sept 30, 2019 registered Oct 15, 2019, increasing amount secured to $4,402,625.65); Waterfront Golf Mortgage (July 23, 2018) in amount of the Loan; General Security Agreements dated July 23, 2018 from Greenside, Lakeside Water Utility, Waterfront Golf, Waterfront Developments and Waterfront Holdings; PPSA General Registration #301794400 dated July 25, 2018 against all present and after-acquired property of each corporate Respondent (expires July 25, 2029; claimed first priority) — Original 2018 commitment/Lo · as of 6 Mar 2024 | $5.99M | ii Affidavit of Sheryl Hilash |
| Secured | Atco Structures and Logistics Ltd. · in 2 casesIdentified from PPSA search results/prior title searches; security type, priority and amount not stated in affidavit. — debtor: one or more of the corporate Respondents | — | ii Affidavit of Sheryl Hilash |
| Secured | Affinity Credit Union 2013 · in 6 casesIdentified from Saskatchewan Personal Property Registry (PPSA) search results and prior title searches; security type, priority and amount not stated in affidavit. — debtor: one or more of the corporate Respondents | — | ii Affidavit of Sheryl Hilash |
| Secured | Michael DamkeIdentified from PPSA search results/prior title searches; security type, priority and amount not stated in affidavit. — debtor: one or more of the corporate Respondents | — | ii Affidavit of Sheryl Hilash |
| Secured | Bod-Des Investment Partnership (individual and corporate members)Identified from PPSA search results/prior title searches; security type, priority and amount not stated in affidavit. — debtor: one or more of the corporate Respondents | — | ii Affidavit of Sheryl Hilash |
| Secured | Scharfstein LLPIdentified from PPSA search results/prior title searches; security type, priority and amount not stated in affidavit. — debtor: one or more of the corporate Respondents | — | ii Affidavit of Sheryl Hilash |
| Secured | KMS Construction Ltd.Identified from PPSA search results/prior title searches; security type, priority and amount not stated in affidavit. — debtor: one or more of the corporate Respondents | — | ii Affidavit of Sheryl Hilash |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
This proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.
Documents
12 filings
| Date | Document | File |
|---|---|---|
v Proposed Receivership Order
| ||
| i Notice of Application | ||
| vii BIA Notice of Intention with Proof of Service | ||
| xii Brief of Law with Authorities | ||
| iv Affidavit of Bob Lys | ||
ix Consent to Appointment
| ||
| xiii Service List | ||
| iii Affidavit of G Craig Baird | ||
ii Affidavit of Sheryl Hilash
| ||
| xi Labour Standards Response Letter | ||
| vi Saskatchewan PPR Search Results | ||
| x Litigation Search | ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Waterfront Developments Ltd.” (Receivership (court-appointed)), Court of King's Bench for Saskatchewan. Retrieved 20 September 2026, https://proceedings.ca/case/waterfront-developments-ltd