Alda Wholesale Ltd. (Bankrupt), Re, 2001 BCSC 921
Judge | Burnyeat, J. |
Court | Supreme Court of British Columbia (Canada) |
Case Date | December 06, 1999 |
Jurisdiction | British Columbia |
Citations | 2001 BCSC 921;[2001] B.C.T.C. 921 (SC) |
Alda Wholesale Ltd. (Bankrupt), Re, [2001] B.C.T.C. 921 (SC)
MLB headnote and full text
Temp. Cite: [2001] B.C.T.C. TBEd. AU.008
In The Matter Of the Bankruptcy of Alda Wholesale Ltd.
(193423/99; 2001 BCSC 921)
Indexed As: Alda Wholesale Ltd. (Bankrupt), Re
British Columbia Supreme Court
Vancouver
Burnyeat, J.
June 27, 2001.
Summary:
This headnote contains no summary.
Bankruptcy - Topic 6741
Practice - Jurisdiction - General - See paragraphs 56 to 60.
Personal Property - Topic 6090
Security interests - Registration - Validity of - Material misdescriptions or omissions - See paragraphs 1 to 54.
Cases Noticed:
Gold Key Pontiac Buick (1984) Ltd. v. 464750 B.C. Ltd. (Bankrupt) (2000), 140 B.C.A.C. 140; 229 W.A.C. 140 (C.A.), refd to. [para. 31].
Kelln (Bankrupt), Re (1992), 100 Sask.R. 164; 18 W.A.C. 164; 3 P.P.S.A.C.(2d) 44 (C.A.), refd to. [para. 32].
Kelln (Trustee of) v. Strasbourg Credit Union Ltd. - see Kelln (Bankrupt), Re.
Lambert (Bankrupt), Re (1994), 74 O.A.C. 321; 7 P.P.S.A.C.(2d) 240 (C.A.), refd to. [para. 33].
G.E. Capital Canada Acquisitions Inc. v. Performance, [1994] B.C.J. No. 2590, refd to. [para. 53].
Halikas (Bankrupt), Re (1943), 25 C.B.R. 67 (Que. C.A.), refd to. [para. 57].
Princeton Tailors Ltd. (Bankrupt), Re (1931), 12 C.B.R. 208 (Ont. S.C.), refd to. [para. 57].
Points of Call Airlines Ltd., Re (1990), 80 C.B.R.(N.S.) 157 (B.C.S.C.), refd to. [para. 57].
Rico Enterprises Ltd. (Bankrupt), Re (1994), 92 B.C.L.R.(2d) 67 (S.C.), refd to. [para. 58].
Orzy, Re (1924), 1 D.L.R. 250 (Ont. C.A.), refd to. [para. 58].
Kent Steel Products Ltd. v. Arlington Management Consultants Ltd., [1967] S.C.R. 497, dist. [para. 60].
Statutes Noticed:
Personal Property Security Act, R.S.B.C. 1996, c. 359, sect. 1(1), sect. 10(1)(b), sect. 10(3), sect. 10(4), sect. 20(b)(i), sect. 35(4), sect. 43(6), sect. 43(7)(b), sect. 43(7)(c), sect. 43(7)(d), sect. 43(8), sect. 43(9) [para. 7].
Personal Property Security Act Regulations (B.C.), Personal Property Security Regulation, Reg. 279/90, sect. 1(1)(a), sect. 1(1)(b), sect. 11(1)(c), sect. 11(1)(d), sect. 11(1)(e), sect. 13(1), sect. 13(2) [para. 7].
Personal Property Security Regulation - see Personal Property Security Act Regulations (B.C.).
Authors and Works Noticed:
Cumming, Ronald C.C., and Wood, Roderick J., British Columbia Personal Property Security Act Handbook (4th Ed.), p. 327 [para. 35].
Counsel:
R.R.M. Butler, for Her Majesty the Queen in Right of the Province of British Columbia;
B. Lewis-Hand, for Vancouver City Savings Credit Union;
P.W. Schwartz, for Automotive Finance Corp.;
C.R. Forguson, for Jim Pattison Industries;
J.P. Hermanson, for Ford Credit Canada Ltd.
This application was heard on December 6, 1999 and February 7 and 8, 2000, before Burnyeat, J., of the British Columbia Supreme Court, who delivered the following decision on June 27, 2001.
Please note: The following judgment has not been edited.
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Table of cases
...422, [1923] OJ No 148 (SCAD) ............................................................................ 145 Alda Wholesale Ltd (Re), 2001 BCSC 921 ...................................................409, 411 Alduco Mechanical Contractors Ltd (Re) (1979), 32 CBR (NS) 48, 1 PPSAC 142, [1979]......
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Table of Cases
...[1924] 1 DLR 388, 53 OLR 422, [1923] OJ No 148 (SCAD) ...................................................... 138 Alda Wholesale Ltd (Re), 2001 BCSC 921 ...................................................367, 368 Alduco Mechanical Contractors Ltd (Re) (1979), 32 CBR (NS) 48, 1 PPSAC 142, [19......
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The Registration System
...misleading if the serial number and other information is correct. 204 Bank of Nova Scotia 1998, above note 158; Alda Wholesale Ltd (Re) , 2001 BCSC 921 [ Re Alda Wholesale ]; Primus Automotive Financial Services Canada Ltd v Kirkby (Trustee of) , 1998 ABQB 347; Toronto-Dominion Bank v Flexi......
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The Registration System
...amendments in some provinces. 193 In the view 189 Bank of Nova Scotia v Royal Bank of Canada , above note 151; Re Alda Wholesale Ltd , 2001 BCSC 921; Primus Automotive Financial Services Canada Ltd v Kirkby (Trustee of) , 1998 ABQB 347; Toronto-Dominion Bank v Flexi-Coil Ltd (1993), 4 PPSAC......
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...valid interest - See paragraphs 34 to 36. Cases Noticed: Alda Wholesale Ltd. (Bankrupt), Re, [2001] B.C.T.C. 921; 26 C.B.R.(4th) 1; 2001 BCSC 921, refd to. [para. 10]. Rogerson Lumber Co. v. Four Seasons Chalet Ltd. and Bank of Montreal et al. (1980), 113 D.L.R.(3d) 671 (Ont. C.A.), refd to......
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674921 B.C. Ltd. v. Advanced Wing Technologies Corp. et al., 2005 BCSC 1113
...682; 48 B.C.L.R.(3d) 1 (C.A.), refd to. [para. 37]. Alda Wholesale Ltd. (Bankrupt), Re, [2001] B.C.T.C. 921; 26 C.B.R.(4th) 1; 2001 BCSC 921, refd to. [para. GE Capital Canada Acquisitions Inc. v. May (Alexander G.) Inc., [1994] B.C.T.C. Uned. F58; 99 B.C.L.R.(2d) 21 (S.C.), refd to. [para.......
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...collateral given as security. Footnotes Personal Property Security Act, RSBC 1996, c 359 ["BCPPSA"]. 2. Alda Wholesale Ltd. (Trustee of) ,2001 BCSC 921 ["Alda Wholesale"], 3. Alda Wholesale, at para 39. 4. Alda Wholesale, at para 40. 5. Personal Property Security Regulation, BC Reg 227/2002......
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...given as security. Footnotes 1. Personal Property Security Act, RSBC 1996, c 359 ["BCPPSA"]. 2. Alda Wholesale Ltd. (Trustee of) ,2001 BCSC 921 ["Alda Wholesale"], 3. Alda Wholesale, at para 39. 4. Alda Wholesale, at para 40. 5. Personal Property Security Regulation, BC Reg 227/2002 ["Regul......
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Table of cases
...422, [1923] OJ No 148 (SCAD) ............................................................................ 145 Alda Wholesale Ltd (Re), 2001 BCSC 921 ...................................................409, 411 Alduco Mechanical Contractors Ltd (Re) (1979), 32 CBR (NS) 48, 1 PPSAC 142, [1979]......
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Table of Cases
...[1924] 1 DLR 388, 53 OLR 422, [1923] OJ No 148 (SCAD) ...................................................... 138 Alda Wholesale Ltd (Re), 2001 BCSC 921 ...................................................367, 368 Alduco Mechanical Contractors Ltd (Re) (1979), 32 CBR (NS) 48, 1 PPSAC 142, [19......
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...misleading if the serial number and other information is correct. 204 Bank of Nova Scotia 1998, above note 158; Alda Wholesale Ltd (Re) , 2001 BCSC 921 [ Re Alda Wholesale ]; Primus Automotive Financial Services Canada Ltd v Kirkby (Trustee of) , 1998 ABQB 347; Toronto-Dominion Bank v Flexi......
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The Registration System
...amendments in some provinces. 193 In the view 189 Bank of Nova Scotia v Royal Bank of Canada , above note 151; Re Alda Wholesale Ltd , 2001 BCSC 921; Primus Automotive Financial Services Canada Ltd v Kirkby (Trustee of) , 1998 ABQB 347; Toronto-Dominion Bank v Flexi-Coil Ltd (1993), 4 PPSAC......