British Columbia · Receivership (court-appointed)
Garibaldi - S. 246(1) Notice
Notice to creditors · 14 December 2023
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What we verified from this filing6 verified
- financial positionnote: Cash was $Nil; Property Under Development $80,000,000; total liabilities not stated in this notice · page: 1 · as at: 2021-12-31 · basis: Book value per most recent financial statements · scope: Garibaldi at Squamish Limited Partnership and Garibaldi at Squamish Inc. (combined/Debtor) · currency: CAD · total assets: 80000000
- secured creditorsnote: Per Company's books and records; possible related party given Aquilini group affiliation · page: 3 · as of: 2023-04-12 · amount: 8543708 · debtor: Garibaldi at Squamish Limited Partnership and Garibaldi at Squamish Inc. · creditor: Aquilini Development Limited Partnership · currency: CAD
- secured creditorsnote: Per Company's books and records; possible related party given shared 'Garibaldi' branding · page: 3 · as of: 2023-04-12 · amount: 63840534 · debtor: Garibaldi at Squamish Limited Partnership and Garibaldi at Squamish Inc. · creditor: Garibaldi Resort Management Company Ltd. · currency: CAD
- secured creditorsnote: Per Company's books and records · page: 3 · as of: 2023-04-12 · amount: 7028281 · debtor: Garibaldi at Squamish Limited Partnership and Garibaldi at Squamish Inc. · creditor: 1413994 BC Ltd. · currency: CAD
- unsecured creditorspage: 3 · as of: 2023-04-12 · basis: Listing of other creditors according to the Company's books and records · amount: 6369878 · debtor: Garibaldi at Squamish Limited Partnership and Garibaldi at Squamish Inc. · creditor: Northland Properties Ltd. · currency: CAD
- unsecured creditorsnote: Related party given shared 'Garibaldi' branding · page: 3 · as of: 2023-04-12 · basis: Listing of other creditors according to the Company's books and records · amount: 13800058 · debtor: Garibaldi at Squamish Limited Partnership and Garibaldi at Squamish Inc. · creditor: Garibaldi Resorts (2002) Ltd. · currency: CAD