1069016 B.C. Ltd. and 1183011 B.C. Ltd.
- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
- File
- S-252591
- Industry
- Real estate
1069016 B.C. Ltd. and 1183011 B.C. Ltd. are the subject of a court-appointed receivership proceeding in the Supreme Court of British Columbia, commenced on May 13, 2025 under section 243 of the Bankruptcy and Insolvency Act and provincial judicature legislation, and carried on the court's records as file number S-252591. The record of this proceeding consists of the application that opened it on that date; no subsequent steps have been recorded here. The matter is now shown as closed. Nothing further on the identity of the receiver, the assets involved, the creditors advancing the application or the disposition of the receivership appears on the record as typed.
Debtor
1069016 B.C. Ltd. and 1183011 B.C. Ltd.
Receiver
KSV
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Masuhara | Supreme Court of British Columbia | 2 orders, May 2025 – Jun 2025 | 21 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverKSV | Fasken Martineau DuMoulin LLP | 9 Apr 2026 | Service list · 9 Apr 2026 |
| CreditorKingSett Mortgage Corporation | Osler, Hoskin & Harcourt LLP | 9 Apr 2026 | Service list · 9 Apr 2026 |
| CreditorManoj Sikka and Mark Catroppa | Dennis Dawson James Aitken LLP | 9 Apr 2026 | Service list · 9 Apr 2026 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | KingSett Mortgage Corporation · in 28 casesFirst-ranking registered $4,160,000 mortgage (charge no. CA8252058); general assignment of rents (CA8252059); general security agreement/PPSA (base reg. 284957M); assignment/pledge of shares; assignment of insurance, contracts, permits; beneficial mortgage and direction to charge; deposit agreement — Loan discharge statement figure as of April 2, 2025 (Exhibit D); prior demand letter dated March 7, 2025 stated $4,297,312.16 as of March 6, 2025 (Exhibit W); principal amount of Loan is $4,160,000 (registered mortgage/original advance); interest accruing at $1,119.81/day; unlimited joint and seve · as of 2 Apr 2025 | $4.34M | Affidavit of Daniel Pollack dated April 4, 2025 |
| Secured |
1 more claim in 1 class The stack holds Secured claims.
Every creditor and every amount, drawn to scale.
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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.
Unsecured creditors: no distribution. City of Vancouver paid in full · KingSett Mortgage Corporation short.EstimatedSecond Report of the Receiver · 28 Apr 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | City of Vancouver | listed | paid in full | Estimatedper the receiver | Second Report of the Receiver · 28 Apr 2026 |
| SecuredKingSett, the senior secured creditor | KingSett Mortgage Corporation | — | shortfall | Estimatedper the receiver | Notice of Application · 28 Apr 2026 |
| Unsecured | Debtors' unsecured creditors | listed | no distribution | Estimatedper the receiver | Second Report of the Receiver · 28 Apr 2026 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
2 blurred figures above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plans3 engagements · 2 firms — latest: KSV Restructuring Inc., 6 May 2025 – 31 Mar 2026, soughtAffidavit #1 of Noah Goldstein made April 28, 2026 · 28 Apr 2026
| Firm | Period | Hours | Fees | Rates | Source | |||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fasken Martineau DuMoulin LLPCounsel to the receiver | 2 Apr 2025 – 31 Mar 2026Sought | — | 7 people | Affidavit #1 of Kibben Jackson made April 28, 2026 · 28 Apr 2026 | ||||||||||||||||||||||||||||||||||||||||||||||
7 people — Fasken Martineau DuMoulin LLP, 2 Apr 2025 – 31 Mar 2026 · 23 blurred figures
| ||||||||||||||||||||||||||||||||||||||||||||||||||
| KSV Restructuring Inc.Receiverperiod 2 of 2 | 6 May 2025 – 31 Mar 2026Sought | — | 2 people | Affidavit #1 of Noah Goldstein made April 28, 2026 · 28 Apr 2026 | ||||||||||||||||||||||||||||||||||||||||||||||
2 people — KSV Restructuring Inc., 6 May 2025 – 31 Mar 2026 · 6 blurred figures
| ||||||||||||||||||||||||||||||||||||||||||||||||||
| KSV Restructuring Inc.Receiverperiod 2 of 2 | 23 Feb – 31 Mar 2026Sought | — | 2 people | Affidavit #1 of Noah Goldstein made April 28, 2026 · 28 Apr 2026 | ||||||||||||||||||||||||||||||||||||||||||||||
2 people — KSV Restructuring Inc., 23 Feb – 31 Mar 2026 · 8 blurred figures
| ||||||||||||||||||||||||||||||||||||||||||||||||||
43 blurred figures above
What each firm billed, and each person’s hours and rate — each as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
| Receivers Certificate dated June 11, 2026 | PDF · Subscribers | |
| Approval and Vesting Order dated April 30, 2026 | PDF · Subscribers | |
| Distribution Fee Approval and Discharge Order dated April 30, 2026 | PDF · Subscribers | |
| Sealing Order dated April 30, 2026 | PDF · Subscribers | |
Affidavit #1 of Kibben Jackson made April 28, 2026
| PDF · Subscribers | |
Affidavit #1 of Noah Goldstein made April 28, 2026
| PDF · Subscribers | |
| Application Record dated April 28, 2026 | PDF · Subscribers | |
Notice of Application dated April 28, 2026
| PDF · Subscribers | |
Second Report of the Receiver dated April 28, 2026
| PDF · Subscribers | |
Service list as at April 9, 2026
| PDF · Subscribers | |
| Notice of Application returnable dated June 17, 2025 | PDF · Subscribers | |
Sale Process Order dated June 17, 2025
| PDF · Subscribers | |
First Report of the Receiver dated June 12, 2025
| PDF · Subscribers | |
| Revised Notice & Statement of the Receiver dated May 29, 2025 | PDF · Subscribers | |
Receivership Order dated May 13, 2025
| PDF · Subscribers | |
| Response to Petition dated May 12, 2025 | PDF · Subscribers | |
| Notice of Application dated April 30, 2025 | PDF · Subscribers | |
| Notice of Hearing dated April 30, 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., “1069016 B.C. Ltd. and 1183011 B.C. Ltd.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 4 November 2026, https://proceedings.ca/case/1069016-b-c-ltd-and-1183011-b-c-ltd