Nova Scotia · Receivership (court-appointed)
Affidavit of James Foran
Affidavit · 30 June 2026
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What we verified from this filing2 verified
- secured creditorsnote: Stated as 'currently indebted...in the aggregate amount' in BDC's April 24, 2026 private receiver appointment letter (Exhibit E). Separate arrears figures as of April 22, 2026 stated in Deloitte correspondence: interest arrears $78,580.28 and principal arrears $17,637.75 (excludes BDC professional fees) — these are arrears components of the same facility, not a distinct balance. Guarantees held by BDC from Sun Kissed Energy Incorporated (corporate guarantor) and an individual guarantor (personal guarantee) per Deloitte's April 20, 2026 engagement letter conflict disclosure. · page: 45 · as of: 2026-04-02 · amount: 2565282.75 · debtor: Kooshie Cushions of Canada Limited · creditor: Business Development Bank of Canada (BDC) · currency: CAD · security: Mortgage dated January 10, 2025 and Assignment of Leases and Rents dated January 10, 2025
- fee scheduleengagements: form: level_summary · rows: rate: 625 · quote: Partner | $625 · title: Partner · row kind: level · rate kind: standard · name as stated: Partner; rate: 575 · quote: Director | $575 · title: Director · row kind: level · rate kind: standard · name as stated: Director; rate: 525 · quote: Senior Manager | $525 · title: Senior Manager · row kind: level · rate kind: standard · name as stated: Senior Manager; rate: 425 · quote: Manager | $425 · title: Manager · row kind: level · rate kind: standard · name as stated: Manager; rate: 350 · quote: Senior Associate | $350 · title: Senior Associate · row kind: level · rate kind: standard · name as stated: Senior Associate; rate: 275 · quote: Analyst, Administrator | $275 · title: Analyst, Administrator · row kind: level · rate kind: standard · name as stated: Analyst, Administrator · money: approximate: false · period: kind: unstated · approval: state: unstated · averages: · currency: · invoices: · firm text: Deloitte Restructuring Inc. · firm quote: The Secured Creditor hereby appoints Deloitte Restructuring Inc. ("Deloitte") as Receiver and Manager (the "Receiver") · context quote: the proposed Court-Appointed Receiver and Manager (the "Receiver") in connection with these proceedings