British Columbia · Receivership (court-appointed)
Affidavit #1 of Michael Daerendinger (August 21, 2025)
Affidavit · 21 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 filing2 verified
- secured creditorsnote: Amount secured not stated in the filing. · page: 7 · debtor: Bliss Body & Bath Ltd. · creditor: York Ventures Ltd. and Varsity Capital Corporation · currency: CAD · security: Mortgage and assignment of rents registered January 3, 2024 in the Vancouver Land Title Office against the Lands, subsequent in registration to the RBC Mortgage (RBC petition seeks declaration of its own mortgage priority over this and all other respondents' interests)
- secured creditorsnote: Interest accrues at $553.05/day from Aug 19, 2025 to date of payment/judgment, plus costs. Also secured by guarantee and postponement of claim from 1391598 B.C. Ltd. ('598 BC', related party - Tod William English is sole director/officer of both Bliss Body and 598 BC) and a personal guarantee from Tod William English, each up to a maximum principal of $2,538,000 plus interest at Bank's Prime + 5.00% from date of demand. Judgment sought jointly and severally against 598 BC and English for $2,538,000 as at June 27, 2025, with interest thereafter at 9.950% per annum. · page: 8 · 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 February 21, 2023, registered in the Vancouver Land Title Office on February 23, 2023 (registration numbers CB487241 and CB4872412) over the Lands (PID 010-724-028); General Security Agreement dated February 21, 2023, registered in the BC PPR under base registration number 322723P on February 21, 2023, over all present and after-acquired personal property of Bliss Body