Nova Scotia · CCAA
Sixth Report of the Monitor dated November 3, 2025
Court officer report · 3 November 2025
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What we verified from this filing9 verified
- closing confirmedscope: the business and assets of Spirit Co and Annapolis Cider · outcome: completed · effective: 2025-08-08 · purchaser: Shannon Theresa Lynch · date basis: stated · approval order date: 2025-07-17; scope: the business and assets of Lost Bell · outcome: completed · effective: 2025-08-08 · purchaser: Coast to Coast Marketing Ltd. and James Roue Beverage Company Ltd. · date basis: stated · approval order date: 2025-07-17; scope: the Old Post Property · outcome: not_completed · effective: 2025-10-30 · date basis: stated
- financial positionnote: BLCL indebted to RBC in approximate amount of $1.02 million before interest and costs, which continue to accrue (RBC debt only, not a full statement of assets/liabilities); collateral mortgages totalling $3,000,000 across BLCL Real Properties per forbearance agreement. · currency: CAD
- operational summaryThe Operating Companies' businesses were sold via the Lynch and Coast Transactions, and the Monitor is now overseeing the sale of BLCL's remaining real properties, including the Brunswick Property transaction pending court approval.
- professional feesnote: The Monitor continued its review of professional fees incurred by the Applicants during these proceedings; no figure stated. · party: Applicants' professionals · currency: CAD
- purchaserShannon Theresa Lynch; Coast to Coast Marketing Ltd. and James Roue Beverage Company Ltd.; Ashley MacLeod and Danae Harvalias; price: note: listing price on MLS; purchase price settled but transaction terminated · amount: 379000 · sealed: false · currency: CAD · scope: the Old Post Property · status: not_completed · name note: unnamed buyer whose Old Post Property transaction was terminated · structure: real_property · name source: recital · relationship: unstated
- report date3 November 2025
- report noSixth Report
- sale advisorBryant Realty Atlantic; Coldwell Banker/Parker Realty; Royal LePage Atlantic
- sale outcometext: Update on the sale process for the BLCL Real Properties, with the Brunswick Property transaction pending approval and others still being marketed · scope: parcel · status: pending_approval