British Columbia · Receivership (court-appointed)
Receiver’s First Report
Court officer report · 1 September 2023
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 filing5 verified
- secured creditorsnote: Judgment amount including pre-judgment interest; Receiver appointed pursuant to this judgment creditor's application · page: 4 · as of: 2015-04-16 · amount: 672181277.54 · debtor: Kuang Wan Fang, also known as Wendy Wan Fang Kuang · creditor: Bank of China · currency: CAD · security: Judgment registered against the Udy Property on January 26, 2016; renewed May 29, 2018, April 22, 2020, and April 19, 2022
- process resultsbids: 5 · as of: 2023-08-08
- purchaserMr. Zhenghong Tian
- sale advisorPacific Realty Ltd.
- sale outcometext: Receiver accepted an offer for the Udy Property and seeks approval via the SAVO application · scope: parcel · status: pending_approval