Nova Scotia · Receivership (court-appointed)
Amended 245 Notice April 4 2023
Notice of receiver (s. 245 / Form 87) · 4 April 2023
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What we verified from this filing9 verified
- appointeeBDO Canada Limited
- appointee rolereceiver
- commencement date3 March 2023
- statutory basisSubsection 245(1) and 246(1) of the Bankruptcy & Insolvency Act
- financial positionnote: A STATED CANNOT-SAY, not a zero: “The Receiver has not yet been able to obtain a copy of the books and records of the Debtor as at the date of this notice and therefore has yet to obtain a list of creditors with balances owing.” The property (land, buildings, furniture and equipment at 250 Rue Principale, Neguac, NB) carries no stated value. The Receiver also notes the Debtor's special care home licence was revoked by the NB Department of Social Development in mid-January 2023. · page: 3 · basis: Amended Notice and Statement of Receiver (ss.245(1) & 246(1) BIA), BDO Canada Limited, dated April 4, 2023. · scope: Le Foyer St. Bernard Inc. (entity level) · currency: CAD
- secured creditorsnote: Amount stated as “Unknown” — not a zero. Provincial Crown claim. · page: 3 · debtor: Le Foyer St. Bernard Inc. · creditor: NB Dept. of Post-Secondary Education, Training and Labour · currency: CAD · security: Listed as a creditor holding security on the property.
- secured creditorsnote: Amount stated as “Unknown” — not a zero. Individual creditor. · page: 3 · debtor: Le Foyer St. Bernard Inc. · creditor: Girouard, Marc Louis · currency: CAD · security: Listed as a creditor holding security on the property.
- secured creditorsnote: Stated in the Amended Notice under s.245(1)(d) BIA; no valuation date is tied to the figure. · page: 3 · amount: 495507 · debtor: Le Foyer St. Bernard Inc. · creditor: Toronto Dominion Bank · currency: CAD · security: Collateral Mortgage against the real property at 250 Rue Principale, Neguac, NB (Land Titles Act (NB) Document No. 35988592, registered June 3, 2016); General Assignment of Rentals (Document No. 35997205, June 7, 2016); General Security Agreement dated June 7, 2016 over all present and after-acquired personal property (Financing Statement Instrument No. 27496629). The Receiver was appointed by TD Bank as primary secured lender.
- secured creditorsnote: Amount stated as “Unknown” — not a zero. Crown claim (deemed-trust class where applicable). · page: 3 · debtor: Le Foyer St. Bernard Inc. · creditor: Canada Revenue Agency · currency: CAD · security: Listed as a creditor holding security on the property.