British Columbia · Receivership (court-appointed)
First Report of the Receiver dated December 7, 2020
Court officer report · 7 December 2020
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: Petitioner/secured lender; amount of outstanding balance not stated on these pages · page: 5 · debtor: Konnect Brookside Villas Limited Partnership · creditor: Canadian Western Bank · currency: CAD · security: Construction mortgage financing per commitment letter dated July 11, 2018, in respect of Phase 1 of the Project
- secured creditorsnote: Lien for work performed prior to the Receivership Order, representing approximately 47% of the contract · page: 24 · as of: 2020-10-16 · amount: 20166 · debtor: Konnect Brookside Villas Limited Partnership · creditor: SK Form & Finish Inc. · currency: CAD · security: Builders lien filed against the Lands