British Columbia · Receivership (court-appointed)
Petition to Court (August 20, 2025)
Application / notice of application · 20 August 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 filing10 verified
- applicantRoyal Bank of Canada
- commencement date20 August 2025
- courtIN THE SUPREME COURT OF BRITISH COLUMBIA
- court file noPOR-S-S-2859
- secured creditorsnote: Interest accruing at $553.05/day from Aug 19, 2025 to payment. Debt also guaranteed by 1391598 B.C. Ltd. (598 BC, related party – sole director/officer Tod William English also directs Bliss Body) and by Tod William English (personal guarantor), each up to a maximum principal of $2,538,000 plus interest from demand at Prime + 5.00%; RBC obtained joint and several judgment against 598 BC and English for $2,538,000 as at June 27, 2025 pursuant to these guarantees (same underlying facility, not an additional secured claim against Bliss Body's estate). Mortgage and GSA declared valid and in priority to all Respondents by court order. · page: 3 · as of: 2025-08-19 · amount: 2619195.49 · debtor: Bliss Body & Bath Ltd. · creditor: Royal Bank of Canada · currency: CAD · security: Mortgage and assignment of rents dated Feb 21, 2023, registered in Vancouver Land Title Office Feb 23, 2023 (Nos. CB487241, CB4872412) over the Lands (4555 Marine Ave, Powell River, PID 010-724-028); General Security Agreement dated Feb 21, 2023, financing statement registered in BC PPR (base registration 322723P) Feb 21, 2023, over all present and after-acquired personal property of Bliss Body
- appointeeBDO Canada Limited
- appointee rolereceiver and manager
- statutory basissection 243 of the Bankruptcy and Insolvency Act and section 39 of the Law and Equity Act
- secured creditorsnote: Document states amount "currently due and owing" without a specific date; includes $21,351.12 for arrears and interest; taxing authority not expressly named beyond reference to "property taxes". · page: 6 · amount: 46724.73 · debtor: Bliss Body & Bath Ltd. · creditor: Municipal taxing authority (property taxes on the Lands, City of Powell River) · currency: CAD · security: Statutory lien on the Lands (4555 Marine Ave, Powell River) for unpaid property taxes
- secured creditorsnote: Amount of indebtedness not stated in document; registered subsequent to and subordinate in priority to RBC's Mortgage (registered Feb 23, 2023), which the court declared to have priority over all Respondents' interests in the Lands. · page: 8 · as of: 2024-01-03 · debtor: Bliss Body & Bath Ltd. · creditor: York Ventures Ltd. and Varsity Capital Corporation · currency: CAD · security: Inter alia mortgage and assignment of rents registered against the Lands (4555 Marine Ave, Powell River) in the Vancouver Land Title Office on January 3, 2024