Terranova

BDO Canada Limited (BDO) was appointed Receiver of certain of Sports Villas Resort, Inc. (Sports Villas) on November 12, 2018, and Twin Rivers Golf Inc. (Twin Rivers) on December 12, 2018, collectively carrying on business as Terra Nova Resort (the Companies), by the Business Development Bank of Canada (BDC), in respect of, among other security, a General Security Agreement which was registered by BDC pursuant to the Personal Property Security Act (Newfoundland and Labrador), and various real property mortgages.

The Information Package regarding the Invitation For Offers to Purchase the Assets of the Companies can be found on this page under Documents.

Documents

BDO Canada Limited has created a data room for prospective bidders. The data room contains additional information which bidders may find useful in evaluating this investment opportunity. Interested parties should contact Jason Breeze (jbreeze@bdo.ca); Miranda Mavhunga (mmavhunga@bdo.ca); or Phil Clarke (pclarke@bdo.ca) for further information.

• Parcel 7 Equipment List
• Sports Villas Resort et al - Invitation For Offers
• Terra Nova Resort - Teaser
• Parcel 3 - TerraNovaEstates - Lot Descriptions

Notices

Notices:

• TNCC Notice to Interested Parties
• 245 246 Sports Villa Notice
• 245 246 Notice Twin Rivers

Court Filings

Court Filings:

Originating Application

• Originating Application - February 1, 2019
• Notice to Respondents
• Mark-up Receivership Order
• Receivership Order

Court Orders

• BDC - Sports Villas - Signed Receivership Order #4127-9942-9403 v.1
• Order Setting Hearing Date

Receiver's Reports

• Appendix B - 245 246 Notice Twin Rivers
• Appendix A - 245 246 Sports Villa Notice
• Appendix F - OSB - Sports Villas Resort
• Appendix D - Terra Nova Resort - By Law No. 1 and Amendment #4133-7047-7336
• Appendix H - TNCC Notice to Interested Parties
• Appendix B.1245 246 Twin Rivers Golf Notice - Jan 17 Amendment
• Appendix G - OSB Certifciate of Appointment Twin Rivers
• Appendix C - Terra Nova Resort - Declaration and Amendment #4148-2989-8520
• Appendix M - Sports Villas Resort, Inc. HST Property Claim
• Appendix K - Property Tax Detailed Outstanding December 31, 2018
• Appendix L - Sports Villa CRA Claim - Payroll Account
• Appendix I - Sports Villas - Package re Notice of Demand #4138-4995-0490
• Appendix N - Terra Nova Golf Resort Art - February 26 2019
• Appendix J - VSNew-17608252-11596817
• Private Receiver's First Report

Contact Us

BDO Canada Limited
255 Lacewood Drive, Suite 201
Halifax, NS B3M 4G2

1-902-425-3100

Phil Clarke, CPA, CA, CIRP, LIT
pclarke@bdo.ca

Jason Breeze, CIRP, LIT
jbreeze@bdo.ca