British Columbia · Receivership (court-appointed)
Notice of Application for September 4, 2025 Hearing
Application / notice of application · 4 September 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 filing1 verified
- recovery outcomeentries: basis: estimated · quote: Following completion of the sale of the 145 Property, BDC will realize a shortfall on its secured debt. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: BDC · creditor name: Business Development Bank of Canada · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: No sale proceeds will be available for distribution to RBC or the BCM Parties. · pct of: unstated · outcome: nil · class key: secured · stated by: receiver · class label: RBC · creditor name: Royal Bank of Canada · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: No sale proceeds will be available for distribution to RBC or the BCM Parties. · pct of: unstated · outcome: nil · class key: secured · stated by: receiver · class label: BCM Parties · creditor name: BCM Parties · interim final: unstated · claims qualifier: unstated · stated on: 2025-08-26 · table missing: