British Columbia · Receivership (court-appointed)
Notice and Statement of Receiver with Creditor Listing
List of creditors · 4 October 2024
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 filing25 verified
- financial positionnote: Liabilities not presented as part of this asset statement; total secured claims of $11,486,555 and total unsecured claims of $310,933.94 (as at October 3, 2024) are separately stated elsewhere in the document and reported as separate creditor entries. · page: 3 · as at: 2023-12-31 · basis: Assets at book value as stated in the unaudited financial statements of the Debtor as at December 31, 2023, except for the property which is based on an appraisal dated June 19, 2024; Receiver has not audited, reviewed, or verified accuracy and provides no comment on realizable value. · scope: Entity - By the Bay Home Development Ltd. · currency: CAD · total assets: 7075575
- secured creditorsnote: Amount excludes interest and associated fees. · page: 4 · as of: 2024-10-03 · amount: 3798762 · debtor: By the Bay Home Development Ltd. · creditor: Genesis Mortgage Investment Corp. · currency: CAD
- secured creditorsnote: Listed as a secured creditor here; same creditor also appears in Schedule A unsecured creditor listing at a different amount ($121,275.00), suggesting a bifurcated/partial claim. · page: 4 · as of: 2024-10-03 · amount: 124000 · debtor: By the Bay Home Development Ltd. · creditor: Fairway Demolition Ltd. · currency: CAD
- secured creditorspage: 4 · as of: 2024-10-03 · amount: 69996 · debtor: By the Bay Home Development Ltd. · creditor: London Mah & Associates Ltd. · currency: CAD
- secured creditorsnote: Municipal property tax claim, treated as a secured claim on the property; a separate 'City Of Vancouver' entry also appears in the unsecured creditor listing at a different amount ($33,314.09). · page: 4 · as of: 2024-10-03 · amount: 21776 · debtor: By the Bay Home Development Ltd. · creditor: City of Vancouver Property Tax · currency: CAD
- secured creditorsnote: Amount excludes interest, associated fees, and other costs/expenses incurred by National Bank of Canada including accrued interest and costs, per document note. · page: 4 · as of: 2024-10-03 · amount: 7472020 · debtor: By the Bay Home Development Ltd. · creditor: National Bank of Canada · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-10-03 · basis: Unsecured Creditor Listing as at October 3, 2024 (Schedule A) · amount: 1500 · debtor: By the Bay Home Development Ltd. · creditor: Buckley Dodds CPA · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-10-03 · basis: Unsecured Creditor Listing as at October 3, 2024 (Schedule A) · amount: 13977.3 · debtor: By the Bay Home Development Ltd. · creditor: Camphora Engineering Ltd. · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-10-03 · basis: Unsecured Creditor Listing as at October 3, 2024 (Schedule A) · amount: 5503.42 · debtor: By the Bay Home Development Ltd. · creditor: Cardinal Engineering Ltd. · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-10-03 · basis: Unsecured Creditor Listing as at October 3, 2024 (Schedule A) · amount: 4595.87 · debtor: By the Bay Home Development Ltd. · creditor: Chee Dusevic Barristers & Solicitors · currency: CAD
- unsecured creditorsnote: A separate 'City of Vancouver Property Tax' claim of $21,776 appears in the secured creditors listing; this appears to be a distinct unsecured amount. · page: 5 · as of: 2024-10-03 · basis: Unsecured Creditor Listing as at October 3, 2024 (Schedule A) · amount: 33314.09 · debtor: By the Bay Home Development Ltd. · creditor: City Of Vancouver · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-10-03 · basis: Unsecured Creditor Listing as at October 3, 2024 (Schedule A) · amount: 4725 · debtor: By the Bay Home Development Ltd. · creditor: Core Creative & Strategy Inc. · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-10-03 · basis: Unsecured Creditor Listing as at October 3, 2024 (Schedule A) · amount: 70203.58 · debtor: By the Bay Home Development Ltd. · creditor: Cornerstone Architecture · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-10-03 · basis: Unsecured Creditor Listing as at October 3, 2024 (Schedule A) · amount: 3360 · debtor: By the Bay Home Development Ltd. · creditor: Evolution Av Ltd. · currency: CAD
- unsecured creditorsnote: Same creditor also appears in the secured creditors listing at a different amount ($124,000), suggesting a bifurcated/partial claim. · page: 5 · as of: 2024-10-03 · basis: Unsecured Creditor Listing as at October 3, 2024 (Schedule A) · amount: 121275 · debtor: By the Bay Home Development Ltd. · creditor: Fairway Demolition Ltd. · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-10-03 · basis: Unsecured Creditor Listing as at October 3, 2024 (Schedule A) · amount: 5320.35 · debtor: By the Bay Home Development Ltd. · creditor: GNEC · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-10-03 · basis: Unsecured Creditor Listing as at October 3, 2024 (Schedule A) · amount: 5355 · debtor: By the Bay Home Development Ltd. · creditor: L.W. Roperty Advisors · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-10-03 · basis: Unsecured Creditor Listing as at October 3, 2024 (Schedule A) · amount: 5927.6 · debtor: By the Bay Home Development Ltd. · creditor: Pacific Quorum Properties Inc. · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-10-03 · basis: Unsecured Creditor Listing as at October 3, 2024 (Schedule A) · amount: 7252.88 · debtor: By the Bay Home Development Ltd. · creditor: Rdh Building Science · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-10-03 · basis: Unsecured Creditor Listing as at October 3, 2024 (Schedule A) · amount: 3360 · debtor: By the Bay Home Development Ltd. · creditor: Ryznar Media Inc. · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-10-03 · basis: Unsecured Creditor Listing as at October 3, 2024 (Schedule A) · amount: 3150 · debtor: By the Bay Home Development Ltd. · creditor: Social Victory · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-10-03 · basis: Unsecured Creditor Listing as at October 3, 2024 (Schedule A) · amount: 8820 · debtor: By the Bay Home Development Ltd. · creditor: Validesign · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-10-03 · basis: Unsecured Creditor Listing as at October 3, 2024 (Schedule A) · amount: 716.1 · debtor: By the Bay Home Development Ltd. · creditor: Vector Engineering · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-10-03 · basis: Unsecured Creditor Listing as at October 3, 2024 (Schedule A) · amount: 10551.25 · debtor: By the Bay Home Development Ltd. · creditor: Wbi Home Warranty Ltd. · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-10-03 · basis: Unsecured Creditor Listing as at October 3, 2024 (Schedule A) · amount: 2026.5 · debtor: By the Bay Home Development Ltd. · creditor: Aqua-Coast Engineering Ltd. · currency: CAD