British Columbia · Receivership (court-appointed)
Receiver's Third Report to Court, dated April 14, 2026
Court officer report · 14 April 2026
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What we verified from this filing5 verified
- closing confirmedscope: the Bates Properties · outcome: completed · effective: 2026-01-07 · date basis: stated · approval order date: 2025-12-19
- purchaserprice: note: Successful Bates Offer that values the Bates Properties at $5,500,000 · basis: cash · amount: 5500000 · sealed: false · currency: CAD · scope: the Bates Properties · status: closed · name note: Successful Purchaser of the Bates Properties, unnamed individual · structure: real_property · name source: schedule · relationship: unstated; Mr. Malkin; 1315390 B.C. Ltd.
- recovery outcomeentries: basis: estimated · quote: Accordingly, the net proceeds realized from the Burgess Redemption will be payable to BNS in satisfaction of its secured claims, and no recovery is anticipated for unsecured creditors from the proceeds of 30828 Burgess. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2026-04-14 · table missing:
- sale advisorColliers; BC Farm and Ranch Realty Corp.
- sale outcometext: sale of the Bates Properties closed; Burgess redemption/refinancing proposed pending court approval · scope: parcel · status: closed