British Columbia · Receivership (court-appointed)
The Proposed Receiver's Report to Court dated November 24, 2025
Pre-filing report · 24 November 2025
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing4 verified
- secured creditorsnote: Assigned by Peoples Trust Company to Amur Capital via Assignment of Mortgage and Right of Action dated May 15, 2025 ('Peoples Indebtedness'/'Assigned Indebtedness'); plus interest accruing after Nov 20, 2025 and Peoples' legal costs. First-ranking mortgage per land title searches, ranking ahead of Amur Mortgage per receiver review (p.11) · page: 4 · as of: 2025-11-20 · amount: 8722898.91 · debtor: QRD (Graham) Holdings Inc., QRD (Graham) Limited Partnership, QRD (Graham) GP Inc. · creditor: Peoples Trust Company (indebtedness assigned to Amur Capital Income Fund Inc.) · currency: CAD · security: First-ranking Peoples Registered Mortgage and assignment of rents dated May 17, 2021; Peoples Beneficial Mortgage dated May 17, 2021; Peoples GSA dated May 17, 2021 over all Companies' present/after-acquired property related to the Lands; Covenantor Agreement dated May 17, 2021
- secured creditorsnote: 1219006 B.C. Ltd. is also named as a Respondent in the proceeding; amount not stated in document · page: 11 · debtor: QRD (Graham) Holdings Inc. / QRD (Graham) Limited Partnership (Lands) · creditor: 1219006 B.C. Ltd. · currency: CAD · security: Subsequent registered mortgage against the Lands (registration order after Amur Mortgage)
- secured creditorsnote: Amount not stated in document · page: 11 · debtor: QRD (Graham) Holdings Inc. / QRD (Graham) Limited Partnership (Lands) · creditor: ARA Ventures Inc. · currency: CAD · security: Subsequent registered mortgage against the Lands (registration order after Amur Mortgage and 1219006 BC Ltd. mortgage)
- secured creditorsnote: Prose in receiver's report states indebtedness of 'approximately $18.5 million' (p.3); exact dated figure of $18,513,616.82 as of Nov 20, 2025 from PSA recitals (p.54) used as amount. Amur Mortgage Debt component stated separately as $9,790,717.91 exclusive of legal fees/costs plus interest accruing after Nov 20, 2025 (p.54). Also holds judgment of $7,944,500 plus costs per Order Nisi dated June 10, 2024 (p.3) - separate from mortgage debt. · page: 54 · as of: 2025-11-20 · amount: 18513616.82 · debtor: QRD (Graham) Holdings Inc., QRD (Graham) Limited Partnership, QRD (Graham) GP Inc. · creditor: Amur Capital Income Fund Inc. (formerly Ryan Mortgage Income Fund Inc.) · currency: CAD · security: Registered mortgage and assignment of rents dated Sept 27, 2023 (charge nos. CB927593/CB927594); Beneficial Mortgage dated Sept 27, 2023; general security agreement dated Sept 27, 2023 over all personal property; first priority per counsel opinion