10502715 Canada Inc.

10502715 Canada Inc. ("GP"), a Markham, Ontario-based company which operated a land development business with Bayview Creek (CIM) LP ("LP"), filed for bankruptcy on May 4. The GP lists approximately $14 million in unsecured liabilities and $47.6 million in secured liabilities, including $24.6 million to DUCA Financial Services Credit Union Ltd. MNP is the bankruptcy trustee.