British Columbia · Receivership (court-appointed)
Affidavit #2 of Kuba Grabowski
Affidavit · 14 January 2026
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What we verified from this filing3 verified
- secured creditorsnote: Plus legal costs and protective disbursements; interest accruing at 21.7% per annum compounded monthly, per diem rate of $36,237.40 · page: 2 · as of: 2025-12-31 · amount: 60952388.32 · debtor: 1077065 B.C. Ltd. and 0997691 B.C. Ltd. (Borrowers) · creditor: Valiant Mortgage Inc. and 1508878 B.C. Ltd. (petitioners, first mortgagee) · currency: CAD · security: First mortgage over the Lands
- secured creditorsnote: Stated to rank in priority to petitioners' mortgage; additional 2026 property tax to be assessed · page: 2 · as of: 2025-09-15 · amount: 912423.37 · debtor: Borrowers · creditor: Taxing authority (municipal property tax arrears) · currency: CAD · security: Statutory lien for property tax arrears on the Lands
- secured creditorsnote: Amount of indebtedness not stated; obtained an appraisal of the Lands as at January 18, 2025 ($59,700,000 market value / $54,415,000 immediate sale value in aggregate); did not receive offers during its marketing efforts · page: 2 · debtor: Borrowers · creditor: 1230944 B.C. Ltd. (fourth mortgagee) · currency: CAD · security: Fourth mortgage over the Lands