British Columbia · CCAA
Response Bok on Application for Leave to Appeal dated October 19, 2026
Application / notice of application · 19 October 2026
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 filing4 verified
- secured creditorsnote: Amount is the 'KingSett Indebtedness' of 'approximately $59.6 million', stated as exclusive of amounts advanced under the Interim Financing Facility. Debtor's senior secured creditor. · page: 9 · as of: 2026-05-31 · amount: 59600000 · debtor: Debtors (Petitioners) · creditor: KingSett Mortgage Corporation · currency: CAD · security: Senior secured creditor; also Interim Lender under Interim Financing Facility (up to $27,900,000 authorized, borrowings capped at $1,000,000 under the ARIO; Monitor seeks increase to $7,500,000) secured by the Interim Lender's Charge ranking behind the Administration Charge
- secured creditorsnote: 25 parties registered liens in an aggregate of 'approximately $7.5 million' as reported in the First Report; not individually named in these pages and not adjudicated. · page: 9 · as of: First Report (dated June 26, 2026) · amount: 7500000 · debtor: Debtors (against the Lands) · creditor: Construction lien claimants (25 registered liens) · currency: CAD · security: Registered construction liens against the Lands
- unsecured creditorsnote: Aggregate only; no individual creditors named on these pages. Unaudited. · page: 9 · as of: First Report (dated June 26, 2026) · basis: Debtors' books and records indicated unsecured obligations of approximately $2.3 million, as reported in the First Report · amount: 2300000 · debtor: Debtors (Petitioners) · creditor: Unsecured creditors (aggregate per Debtors' books and records) · currency: CAD
- secured creditorsnote: Amount not stated. Appears in a Consent and Priority Agreement in which it postpones its charges to a Section 219 covenant (City of Burnaby rezoning/subdivision context); the document does not link National Bank to the Debtors' debt stack, so its relationship to the KingSett indebtedness is unclear. · page: 193 · creditor: National Bank of Canada · currency: CAD · security: Mortgage (CA9408376) and Assignment of Rents (CA9408377) registered against Lot 1 District Lot 73 Group 1 New Westminster District Plan EPP124926