New Brunswick · Receivership (court-appointed)
Affidavit of Douglas W. Schipilow
Affidavit · 26 March 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 filing3 verified
- secured creditorsnote: Originally registered as Maxium Financial Services Inc.; secured party name changed to CWB Maxium Financial Inc. by PPSA amendments (Reg. 30006811, 30649958). No outstanding balance stated on the face of these exhibits; original principal/facility amount not stated. Applicant in this receivership application. · page: 7 · as of: 2012-11-23 (collateral mortgage/assignment of rent/postponement registered); PPSA registrations 2012-2018 · debtor: Royal Oaks Golf Club Inc. · creditor: CWB Maxium Financial Inc. (formerly Maxium Financial Services Inc.) · currency: CAD · security: Collateral Mortgage (registered 2012-11-23) and Assignment of Rent (2012-11-23) over PIDs 70327937, 70488663 and 70344148; Postponement Agreement (subordination) registered 2012-11-23; PPSA financing statements - general security over all present and after-acquired personal property (Reg. Nos. 21978853, 29997038, 30001291) and specific equipment leases (2017 Kubota tractor, 2 high-definition golf simulators, Toro turf equipment, surveillance system)
- secured creditorsnote: No principal or outstanding balance stated in these land title certificates. · page: 8 · as of: 2016-07-04 (mortgage registered); assignments 2016-07-05 and 2018-01-12 · debtor: Royal Oaks Golf Club Inc. · creditor: Sunset CRE Investments I LLP · currency: CAD · security: Mortgage registered 2016-07-04 over PIDs 70327937, 70488663 and 70344148; Assignment of Mortgage registered 2016-07-05 and again 2018-01-12
- secured creditorsnote: No balance stated; purchase-money/lease financing of a single vehicle. · page: 25 · as of: 2017-09-22 · debtor: Royal Oaks Golf Club Inc. · creditor: Ford Credit Canada Company · currency: CAD · security: PPSA equipment financiers (PMSI class) - serial numbered collateral: 2017 Ford F150 (Serial No. 1FTFW1EF1HFC53770), Reg. No. 29543436