British Columbia · Receivership (court-appointed)
Affidavit #1 of J. Lee sworn June 6, 2024 (body only)
Affidavit · 6 June 2024
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 filing2 verified
- secured creditorsnote: Referred to as the 'Concrete Indebtedness'; personal guarantees from Robert Kyle Smith and Craig Smith (individuals) and corporate guarantees from related holding companies · page: 3 · as of: 2024-05-28 · amount: 10747455.53 · debtor: Whitewater Concrete Ltd. · creditor: Royal Bank of Canada · currency: CAD · security: Concrete GSA (general security agreement); guarantees from Bastian, Krystle, Developments, Kyle, Craig, 145, Joint Guarantee; mortgages dated February 17, 2023 and April 21, 2023
- secured creditorsnote: Referred to as the 'Developments Indebtedness' · page: 4 · as of: 2024-05-28 · amount: 730466 · debtor: Whitewater Developments Ltd. · creditor: Royal Bank of Canada · currency: CAD · security: Developments GSA (general security agreement); Developments Guarantee; Lease