In the context of a receivership involving a partially constructed residential development, the debtors' representative sought to appeal orders approving a sales process and specific vesting orders.
The Receiver brought a motion declaring no appeal as of right existed, while the debtors sought an extension of time and leave to appeal.
The Court of Appeal held there was no appeal as of right under s. 193(c) of the Bankruptcy and Insolvency Act because the debtors failed to demonstrate a direct loss exceeding $10,000.
The Court also denied leave to appeal, finding the proposed appeal lacked merit, raised no issues of general importance, and would unduly hinder the progress of the receivership.
