British Columbia · Receivership (court-appointed)
Third Report to the Court dated May 13, 2025
Court officer report · 13 May 2025
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What we verified from this filing5 verified
- cash on handnote: Balance included Builders Lien Act holdbacks of $370,882. · as at: 2025-04-07 · amount: 1238951 · currency: CAD
- operational summaryConstruction of the four buildings at the Paragon Parc project is substantially complete with all occupancy permits issued, and the Receiver continues to market and sell remaining strata units while completing outstanding landscaping and resolving lien claims.
- professional feesnote: Includes fees $331,734.50, disbursements $9,819.58 and GST $17,107.68; legal counsel Owen Bird's fees for June 27, 2024 to March 27, 2025 were separately $47,114.25 plus disbursements $4,738.34 plus GST/PST $5,774.83, totaling $57,627.42. · party: Receiver (Grant Thornton Limited) · amount: 358659.76 · period: June 1, 2024 to March 31, 2025 · currency: CAD
- report date13 May 2025
- report noThird Report