1046089 B.C. Ltd.
Follow- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
- File
- S-252592
- Industry
- Real estate · Land holdings
1046089 B.C. Ltd. was placed into receivership by order of the Supreme Court of British Columbia on May 20, 2025, made by Justice Masuhara in Court File No. S-252592. The appointment rests on section 243 of the Bankruptcy and Insolvency Act together with provincial Judicature Act jurisdiction. The proceeding is now recorded as closed. The record for this file consists of the appointment order alone, and nothing beyond the commencement of the receivership can be stated from it.
Justice Masuhara granted the order putting the company into court-appointed receivership, commencing the proceeding under Supreme Court of British Columbia file S-252592.
Debtor
1046089 B.C. Ltd.
Receiver
KSV
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Conway | Ontario Superior Court of Justice | 2 orders, Nov 2025 | 310 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverKSV | Fasken Martineau DuMoulin LLP | 29 May 2025 | Service list · 29 May 2025 |
| Applicant | Cassels Brock & Blackwell LLP | 24 Nov 2025 | Order · 24 Nov 2025 |
| Debtor1046089 B.C. Ltd. | Campbell Froh May & Rice LLP | 29 May 2025 | Service list · 29 May 2025 |
| CreditorEmec Design Group Ltd | Evolink Law Group | 29 May 2025 | Service list · 29 May 2025 |
| CreditorKingSett Mortgage Corporation | Osler, Hoskin & Harcourt LLP | 29 May 2025 | Service list · 29 May 2025 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | KingSett Mortgage Corporation · in 28 casesFirst mortgage and assignment of rents ($17,500,000 registered principal, registered March 29, 2022, LTO charge numbers CA9822429 and CA9822430); general security agreement (site-specific) registered under charge number 628606N; general assignment of material contracts; assignment of insurance; fraud/misrepresentation and environmental indemnities — Indebtedness comprised of: $14,000,000 principal, $583,013.71 accrued unpaid interest, $14,388.19 costs/charges, $9,745.00 legal fees (continuing to accrue); interest accruing at $3,785.06/day and professional fees continuing to accrue; earlier dem · as of 2 Apr 2025 | $14.6M | Petition to the Court dated April 4, 2025 |
| Secured |
1 more claim in 1 class The stack holds Secured claims.
Every creditor and every amount, drawn to scale.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansThis proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.
Closed · the record states no distribution outcome.
4 engagements · 2 firms — latest: Fasken Martineau DuMoulin LLP, 2 Apr – 19 Nov 2025, in feesFirst Report of the Receiver · 20 Nov 2025
| Firm | Period | Hours | Fees | Rates | Source | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fasken Martineau DuMoulin LLPCounsel to the debtorperiod 1 of 2 | 2 Apr – 19 Nov 2025 | — | 2 people | First Report of the Receiver · 20 Nov 2025 | ||||||||||||||||||||||||||||||||||||
2 people — Fasken Martineau DuMoulin LLP, 2 Apr – 19 Nov 2025 · 6 blurred figures
| ||||||||||||||||||||||||||||||||||||||||
| Fasken Martineau DuMoulin LLPCounsel to the debtorperiod 1 of 2 | — | — | — | not stated | Notice of Application · 21 Nov 2025 | |||||||||||||||||||||||||||||||||||
| KSV Restructuring Inc.Receiverperiod 1 of 2 | 1 May – 30 Sep 2025 | — | 3 people | First Report of the Receiver · 20 Nov 2025 | ||||||||||||||||||||||||||||||||||||
3 people — KSV Restructuring Inc., 1 May – 30 Sep 2025 · 17 blurred figures
| ||||||||||||||||||||||||||||||||||||||||
| KSV Restructuring Inc.Receiverperiod 1 of 2 | — | — | — | not stated | Notice of Application · 21 Nov 2025 | |||||||||||||||||||||||||||||||||||
27 blurred figures above
What each firm billed, and each person’s hours and rate — each as the filing states it, with its source.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plans| Date | Document | File |
|---|---|---|
| Receiver's Discharge Certificate dated December 4, 2025 | PDF · Subscribers | |
Fee Approval and Discharge Order dated November 25, 2025
| PDF · Subscribers | |
Endorsement of Justice Conway dated November 24, 2025
| PDF · Subscribers | |
Stay Extension Order dated November 24, 2025
| PDF · Subscribers | |
Notice of Application dated November 21, 2025
| PDF · Subscribers | |
First Report of the Receiver dated November 20, 2025
| PDF · Subscribers | |
| Notice & Statement of the Receiver dated May 30, 2025 | PDF · Subscribers | |
Service List as at May 29, 2025
| PDF · Subscribers | |
Receivership Order dated May 20, 2025
| PDF · Subscribers | |
| Response to petition dated May 16, 2025 | PDF · Subscribers | |
| Affidavit of Nirmal Bain Sworn on May 15, 2025 | PDF · Subscribers | |
| Notice of Application dated April 30, 2025 | PDF · Subscribers | |
| Notice of Hearing dated April 30, 2025 | PDF · Subscribers | |
| Affidavit of Beckett Reinecke dated April 14, 2025 | PDF · Subscribers | |
Affidavit of Daniel Pollack dated April 4, 2025
| PDF · Subscribers | |
Petition to the Court dated April 4, 2025
| PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “1046089 B.C. Ltd.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 4 November 2026, https://proceedings.ca/case/1046089-b-c-ltd