British Columbia · CCAA
Notice of Application - CM Agreement
Application / notice of application · 5 October 2026
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 filing3 verified
- secured creditorsnote: Document states the Interim Lender 'is also the first ranking secured creditor of the Petitioners'. No amount owing is stated on these pages. The Kindred Arrears balance is stated to remain 'subordinated to the mortgage in favour of the Interim Lender'. The service list names First West Credit Union / Envision Financial (counsel Baker Newby LLP) but does not say it is the Interim Lender or a secured creditor, so no link is asserted. · page: 4 · debtor: 464 Eaglecrest Drive Limited Partnership, TCD Developments (Gibsons) Ltd., 464 Eaglecrest Drive Properties Ltd. (the Petitioners) · creditor: Interim Lender (identity not named in these pages; described as first ranking secured creditor and DIP lender) · currency: CAD · security: Mortgage on the Project; Interim Financing under the DIP Term Sheet
- secured creditorsnote: Amount is the lien amount as filed on January 22, 2026. Separately, Kindred was owed approximately $3.8 million in Arrears as of the date of the Initial Order (June 8, 2026) (prose approximation). Under the Revised Kindred Proposal, a portion of the Arrears would be paid to satisfy key Trades and the balance would remain subordinated to the Interim Lender's mortgage. Kindred is also the pre-filing construction manager and a lien claimant per the service list. · page: 5 · as of: 2026-01-22 · amount: 3298683.51 · debtor: Petitioners (claim of lien against the project lands) · creditor: Kindred Construction Ltd. (claim of lien) · currency: CAD · security: Claim of lien registered against the project lands
- secured creditorsnote: Document states only that 'a number of the Trades have also filed claims of lien' (para. 16); no amounts are given. The service list names these lien claimants without amounts: One Degree HVAC Service Group Ltd.; Shade Construction Ltd. Inc.; System One Floor Solutions Inc.; Human Nature Landscapes Inc.; Olson Electric Ltd.; Vanguard Mechanical Ltd.; Sunbelt Rentals of Canada Inc.; B & K Soils and Landscape Supply Inc.; RK Blossom Drywall Ltd.; Jax Exteriors Ltd.; Galaxy IDP Construction Ltd.; Jayveer Enterprises Ltd.; Aplin & Martin Consultants Ltd.; A-Star Doors & Mouldings Ltd.; Munro Woodworking Ltd.; Diecoe Contracting Ltd.; Gibsons Ready Mix Ltd.; Downtown Painting Ltd.; Crown Building Supplies; Canex Building Supplies Ltd.; Blue Nile Construction Ltd. The service list is as at June 11, 2026. · page: 5 · debtor: Petitioners (claims of lien against the Project) · creditor: Trades lien claimants (aggregate) · currency: CAD · security: Claims of lien registered in respect of the Project