British Columbia · Receivership (court-appointed)
Filed First Receiver's Report
Court officer report · 20 June 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 filing11 verified
- secured creditorsnote: Re: 2024 and 2025 property taxes; amount has since been paid by the Receiver. · page: 7 · amount: 47517.51 · debtor: Peak Developments Corp. and Peak Developments Limited Partnership · creditor: City of Kimberley · currency: CAD · security: Property tax arrears (statutory lien)
- secured creditorsnote: Plus accrued interest. Amount not accepted by the Receiver and is under investigation. $223,639.17 was paid to Mackay Contracting Ltd. by Rockies Law Corporation on behalf of the Debtor from a $320,000 construction deposit refund received from the City of Kimberley on Feb 7, 2025, net of incomplete work/deficiencies ($29,666.10), maintenance holdback ($60,631.57) and City inspection fees ($6,063.16). · page: 7 · as of: 2025-04-01 · amount: 524062.32 · debtor: Peak Developments Corp. and Peak Developments Limited Partnership · creditor: Mackay Contracting Ltd. · currency: CAD · security: Builders' lien
- secured creditorsnote: Plus outstanding costs and accrued interest and costs accruing from and after May 6, 2025. · page: 7 · as of: 2025-05-06 · amount: 17232501.56 · debtor: Peak Developments Corp. and Peak Developments Limited Partnership · creditor: Peoples Trust Company · currency: CAD · security: Mortgage
- secured creditorsnote: Plus accrued interest. · page: 8 · as of: 2025-04-01 · amount: 172783.62 · debtor: Peak Developments Corp. and Peak Developments Limited Partnership · creditor: Gauer Power Ltd. · currency: CAD · security: Builders' lien
- secured creditorsnote: Plus accrued interest. · page: 8 · as of: 2025-04-01 · amount: 988059.5 · debtor: Peak Developments Corp. and Peak Developments Limited Partnership · creditor: Riverview Custom Homes Ltd. · currency: CAD · security: Builders' lien
- secured creditorsnote: Plus accrued interest. Amount not accepted by the Receiver and is under investigation. · page: 8 · as of: 2025-04-01 · amount: 944011.32 · debtor: Peak Developments Corp. and Peak Developments Limited Partnership · creditor: IKA Builders Inc. · currency: CAD · security: Builders' lien
- secured creditorsnote: Plus accrued interest. There is also an unsecured balance owed to this creditor (amount not stated). Related party/co-respondent entity in the proceeding. · page: 8 · as of: 2025-04-01 · amount: 371487.01 · debtor: Peak Developments Corp. and Peak Developments Limited Partnership · creditor: Westcastle Holdings Ltd. · currency: CAD · security: Builders' lien
- secured creditorsnote: Plus accrued interest. · page: 8 · as of: 2025-04-01 · amount: 161162.02 · debtor: Peak Developments Corp. and Peak Developments Limited Partnership · creditor: 689048 Alberta Limited dba Coaldale Home Hardware Building Centre · currency: CAD · security: Builders' lien
- secured creditorsnote: Amount not accepted by the Receiver and is under investigation. · page: 8 · amount: 4000 · debtor: Peak Developments Corp. and Peak Developments Limited Partnership · creditor: Steven Howg dba STP Painting · currency: CAD · security: Builders' lien
- secured creditorsnote: Plus accrued interest. Amount not accepted by the Receiver and is under investigation. · page: 8 · as of: 2025-04-01 · amount: 1197145.17 · debtor: Peak Developments Corp. and Peak Developments Limited Partnership · creditor: KulKon Construction Corp. · currency: CAD · security: Builders' lien
- secured creditorsnote: Plus accrued interest. Amount not accepted by the Receiver and is under investigation. · page: 8 · as of: 2025-04-01 · amount: 185579.37 · debtor: Peak Developments Corp. and Peak Developments Limited Partnership · creditor: 1111053 B.C. Ltd. dba JJ Mechanical · currency: CAD · security: Builders' lien