Nova Scotia · CCAA
Initial Application
Application / notice of application · 12 August 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 filing6 verified
- applicantGrafton Argyle Property Partnership; Bedford Investments Limited; T.L.B. Holdings Limited; Jack Friday’s Limited; Grafton Street Restaurant Limited; 4625239 Nova Scotia Limited; 1130482 Nova Scotia Limited; Cornwallis Properties Limited; Shoreline Holding Company Incorporated; and Shoreline Investme
- appointeeMNP Ltd.
- appointee rolemonitor
- courtSUPREME COURT OF NOVA SCOTIA
- statutory basiss.11 of the CCAA
- financial positionnote: FLOOR ONLY, not a stated total: document states 'the claims against the Applicants exceed $5,000,000.00' (operative word 'exceed'), as of the date of the Application. No balance sheet and no itemized creditor list are provided. Applicants reference pressure from secured creditors and the CRA (para 5); draft Initial Order recital states the secured creditors likely to be affected by the court-ordered charges were given notice, but no secured creditor is named or quantified. Served/appearing creditors include Ducimus Capital Inc., Park Lawn Cemetery Care and Maintenance Trust, and Canada Revenue Agency (deemed-trust class) — no amounts stated. Court-ordered priority charges SOUGHT (post-filing, not pre-filing creditors): Administration Charge CAD 150,000 and Directors' (D&O) Charge CAD 100,000. Para 7: appraised value of the business stated to exceed current debt (no figure given). · page: 2 · basis: Insolvency grounds pleaded in CCAA Notice of Application in Chambers (not a balance sheet); supporting Initial Affidavit of Gary Hurst dated 2025-08-07 · scope: Grafton Connor Group, consolidated group of applicant companies (Grafton Argyle Property Partnership; Bedford Investments Ltd.; T.L.B. Holdings Ltd.; Jack Friday's Ltd.; Grafton Street Restaurant Ltd.; 4625239 Nova Scotia Ltd.; 1130482 Nova Scotia Ltd.; Cornwallis Properties Ltd.; Shoreline Holding Company Inc.; Shoreline Investments (SIL-Q) Ltd.) — hospitality/tourism, 15 establishments, 389 employees · currency: CAD · total liabilities: 5000000