© — Star photo by Diane Crocker
Marcus Maloney and his wife Hazel are not concerned about being left homeless now that the North Shore Manor has been declared bankrupt.
CORNER BROOK When Marcus Maloney moved into the North Shore Manor in Irishtown three months ago, he and his wife Hazel had no idea the facility was in financial trouble.
The family-run business, built by Myles Brake, was declared bankrupt in Supreme Court in St. John’s on Tuesday. The home, on the north shore of the Bay of Islands, provides Level 1 and 2 care and is licensed by Western Health.
Maloney, who turns 90 on Sunday, said they only became aware of the trouble last Saturday, but still the news didn’t come as a shock.
“I wasn’t surprised because in any operation like this it’s quite common,” he said, making reference to another area home that has changed ownership a couple of times.
“I’m not surprised with this happening. Banks are so damn greedy, and the federal bank as well. They can’t wait to get their clutches on your money.”
He thinks, given time, Brake could have made things work.
“I still contend that he should have been given at least another year, at least another full year,” Maloney added. “You take an operation this size, you don’t start it and overnight you’re making a fortune. It takes at least a year just to get the initial kinks ironed out.”
The Maloneys have known Brake since he was a child and believe what happened is no reflection on him. He and Hazel, 84, both say Brake and his family went above and beyond the expected level of care.
“The staff, if you hand picked them yourself, you couldn’t do better,” Maloney said.
The home is now being run by bankruptcy trustee PricewaterhouseCoopers, but Maloney said nothing has changed there since Tuesday. He said the new operator has spoken with residents and assured them they have no reason to worry that they’ll be out of a place to live.
“If this happened 20 years ago you’d have reason to be fearful,” he said. “But governments have a big hand in those things today. Certain standards you have to meet.”
The trustee has hired Shaun Lane to oversee the operation until the home can be sold. Lane operates three personal care homes in the province, two in central Newfoundland and one in Kippens. He’s also president of the Personal Care Home Association of Newfoundland and Labrador.
He was at the home this week and said Maloney was correct in saying the residents have no reason to be concerned.
“They can be assured that as we go through this stage there’s no need for anybody to be panicked about moving or being asked to move,” Lane said. “Basically, we’ve been brought in to make sure the facility is operating under all the requirements of Western Health and that we meet all the regulations and to give oversight to the staff.”
Lane said from what he’s seen of the care of the residents, the home was doing well.
“The staff at the home are phenomenal. From a staffing perspective the residents were getting excellent care, the food was excellent, the facility itself is beautiful.”
The home employs between 10 and 15 people and Lane said all have been given the opportunity to remain in their positions.
He’s confident the home will be sold as a personal care home.
“Will I put a bid in,” he said, when asked if he was interested.
“If I’m allowed to I will.”