On July 8, 2020, The Bowra Group Inc. was appointed Receiver and Manager of the assets, undertakings and properties of Conian Developments (La Voda) Inc. and Conian Developments (La Voda II) Inc. (the “Companies”) pursuant to an Order of the Supreme Court of British Columbia (the “Court”).
The lands and premises that are the subject of this receivership consist of a partially complete 6-story condo development and 2.3 acres of vacant land located at 11077, 11037 – 11069 Ravine Road and 11054 – 11080 132nd Street in Surrey, B.C. (“La Voda Development Property”)
Conian Developments (La Voda) Inc. owned a commercial building which includes approximately 2,700 square feet of office space in Fort Qu’Appelle, Saskatchewan.
If you would like to be added to the service list, please email your contact information to info@bowragroup.com.
On November 2, 2020, the Court approved the sale of the La Voda Development Property.
On February 1, 2021, the Court approved the sale of the commercial building in Fort Qu’Appelle, Saskatchewan.
On September 17, 2021, the Court approved the assignment of security deposits held by the City of Surrey and TransLink to the purchaser of the La Voda Development Property.
The Licensed Insolvency Trustee (“Trustee”) administering the bankruptcy of the Companies reviewed various liens filed against the La Voda Development Property and approved certain amounts to be paid to the lien claimants. On September 17, 2021, the Court approved the Receiver to pay the lien claimants.