New Brunswick · Receivership (court-appointed)
Affidavit of Carolyn Bennett sworn February 21, 2025
Affidavit · 21 February 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 filing7 verified
- secured creditorsnote: Subject to a Priority Agreement dated September 7, 2007 between RBC, CIBC and Central; no balance amount stated (PPSA registration only) · page: 2 · debtor: Central Garage Limited · creditor: Canadian Imperial Bank of Commerce (CIBC) · currency: CAD · security: PPSA registration No. 14953517 (originally entered June 6, 2007), securing all present and after-acquired personal property
- secured creditorsnote: No balance amount stated (PPSA registration only) · page: 3 · debtor: Central Garage Limited · creditor: Royal Bank of Canada (RBC) · currency: CAD · security: PPSA registration No. 39092390 (October 16, 2023), securing all present and after-acquired personal property of Central
- secured creditorsnote: Guarantee/postponement arrangement; no balance amount stated · page: 3 · debtor: Central Garage Limited · creditor: Royal Bank of Canada (RBC) · currency: CAD · security: PPSA registration No. 39092424 (October 16, 2023), securing all indebtedness and liability of Central owing from CGL Auto Inc. pursuant to a guarantee and postponement of claim dated April 15, 2012
- secured creditorsnote: Subject to a certain priority agreement (not further detailed); no balance amount stated · page: 3 · debtor: Central Garage Limited · creditor: Royal Bank of Canada (RBC) · currency: CAD · security: PPSA registration No. 39139761 (October 25, 2023), securing all inventory purchased by Central from any third party and financed by RBC
- secured creditorsnote: No balance amount stated (PPSA registration only) · page: 3 · debtor: CGL Auto Inc. · creditor: Royal Bank of Canada (RBC) · currency: CAD · security: PPSA registration No. 22824288 (originally entered April 10, 2013), securing all present and after-acquired personal property of CGL
- secured creditorsnote: No balance amount stated (PPSA registration only) · page: 3 · debtor: CGL Auto Inc. · creditor: Hyundai Capital Canada Inc. · currency: CAD · security: PPSA registration No. 33567066 (May 4, 2020), securing certain general collateral including accounts and chattel paper and proceeds
- secured creditorsnote: No balance amount stated (PPSA registration only) · page: 3 · debtor: CGL Auto Inc. · creditor: The Bank of Nova Scotia · currency: CAD · security: PPSA registration No. 36823870 (May 5, 2022), securing certain general collateral including accounts and chattel paper and proceeds