British Columbia · CCAA
Notice of Application for October 29, 2025 Hearing
Application / notice of application · 29 October 2025
What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: It is expected both lenders will suffer a shortfall on this secured debt, and in the Monitor's view, it is appropriate that the available funds in the San Group estate be distributed to the Senior Lenders at this time. · pct of: unstated · outcome: shortfall · class key: secured · stated by: monitor · class label: RBC · creditor name: Royal Bank of Canada · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: It is expected both lenders will suffer a shortfall on this secured debt, and in the Monitor's view, it is appropriate that the available funds in the San Group estate be distributed to the Senior Lenders at this time. · pct of: unstated · outcome: shortfall · class key: secured · stated by: monitor · class label: BDC · creditor name: Business Development Bank of Canada · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: RBC, as the primary secured creditor in relation to this asset, is supportive of the Langley Farm APA, notwithstanding they will suffer a significant shortfall on their debt. · pct of: unstated · outcome: shortfall · class key: secured · stated by: monitor · class label: RBC · creditor name: Royal Bank of Canada · interim final: unstated · claims qualifier: unstated · table missing: