Alda Wholesale Ltd. (Bankrupt), Re,

• Jurisdiction: British Columbia
• Judge: Burnyeat, J.
• Court: Supreme Court of British Columbia (Canada)
• Citation: 2001 BCSC 921,[2001] B.C.T.C. 921 (SC)
• Date: 06 December 1999

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.