A receiver appointed by the B.C. Supreme Court to take over three insolvent Thind Properties projects is now gearing up to sell two of them.
Toronto-based receiver KSV Restructuring Inc. is preparing to unload District Northwest in Surrey and Minoru Square in Richmond, which were put into receivership this past Nov. 8 and Dec. 13, respectively.
In two Notices of Application filed with the court on Monday, KSV said it will be applying on April 2 for court orders approving sale processes for District Northwest and Minoru Square.
Each sale process is “intended to be a flexible, efficient and fair process for canvassing the market for potential purchasers and maximizing the
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