Recent News / 4 November 2008

4 November 2008
The Conservatory Project
(The Cascades Residence Inc and Marona Estates Ltd)

The Cascade Residence Inc and Marona Estates Ltd (the "Companies") obtained a Court Order from the British Columbia Supreme Court on September 24, 2008 pursuant to the Companies' Creditors Arrangement Act ("CCAA").

The Initial Court Order provided the Companies with a stay of proceedings against all actions and creditors until the next scheduled Court hearing on Thursday October 23, 2008.

On October 23, 2008, the Companies obtained an extension of the Initial Stay period to November 4, 2008.

On November 4, 2008, the Court extended the stay of proceedings until December 4, 2008.

Monitor's Report
1. Monitor's First Report to Court dated October 22, 2008  (623 KB)
    Appendices A to H  (5.2 MB)

Court Documents
1. Order dated November 4, 2008   (100KB)
2. Order dated October 23, 2008   (49KB)
3. Initial Order dated September 24, 2008   (653 KB)
4. Petition to the Court   (1,056 KB)
5. Affidavit of Kathleen Lois Marshall   (81 KB)

If you require any additional information, please contact Mario Mainella at (604) 608-6244 or email mmainella@bowragroup.com