Proceedings.

1174214 BC LTD.

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Proceeding
Receivership (court-appointed)section 243 of the Bankruptcy and Insolvency Act, RSC 1985, c B-3 and section 39 of the Law and Equity Act, RSBC 1996, c 253
File
H-259011
Industry
Real estate
Filings held5
Last activity26 Aug 2026
On the record322 days
Secured debtSubscribers
OverviewSummary updated

1174214 BC Ltd. has been under court-appointed receivership since December 18, 2025, when the Supreme Court of British Columbia granted a receivership order under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The proceeding is carried on court file H-259011 in British Columbia and remains active. Nothing further has been entered on the record since the appointment date.

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Case updates5 dated entries
#Order

Placed the company into court-appointed receivership under BIA section 243 and provincial Judicature Act authority, commencing the proceeding on Supreme Court of British Columbia file H-259011.

Source: Receivership Order

Parties

Debtor

1174214 BC LTD.

Receiver

MNP

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice BasranSupreme Court of British Columbia1 order, Dec 20259 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverMNPDLA Piper (Canada) LLP26 Aug 2026Service list · 26 Aug 2026
ApplicantMcCarthy Tétrault LLP26 Aug 2026Service list · 26 Aug 2026
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredMortEq Lending Corp. · in 4 casesFirst-ranking mortgage and assignment of rents registered against the Lands (instrument nos. CB719245/CB719246, registered 2020-10-27, currently securing registered principal of $12,500,000); General Security Agreement dated 2023-06-27 (PPSA base registration no. 629919P) over all present and after-acquired personal property; assignment of contracts, warranties, licenses, permits and project plans dated 2023-06-27 — Indebtedness inclusive of accrued and unpaid interest, fees and legal costs to Nov 17, 2025, exclusive of amounts accruing thereafter (per diem $7,188.36); also secured by personal · as of 17 Nov 2025$15.4MAffidavit #2 of Quyen Vu
4Secured
4Secured
4Secured
8Unsecured
8Unsecured

5 more claims in 2 classes The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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This 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.

Documents5 filings
DateDocumentFile
Service List
  • Counsel DLA Piper (Canada) LLP
PDF · Subscribers
Form 87 - Notice and Statement of the Receiver
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Receivership Order
  • Applicant MORTEQ LENDING CORP.
  • Appointee MNP Ltd.
  • Appointee role Receiver and Manager
  • Commencement date 18 December 2025
  • + 4 more extracted facts
PDF · Subscribers
Affidavit #2 of Quyen Vu
PDF · Subscribers
Notice of Application - MortEq Lending Corp.
  • Applicant MortEq Lending Corp.
  • Appointee MNP Ltd.
  • Appointee role receiver and manager
  • Commencement date 27 November 2025
  • + 5 more extracted facts
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., “1174214 BC LTD.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 4 November 2026, https://proceedings.ca/case/1174214-bc-ltd

Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/1174214-bc-ltd

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.