Proceedings.

6525785 Manitoba Ltd.

ClosedFollow
Proceeding
Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
File
CI 23-01-39420
Filings held20
Last activity19 Mar 2025
On the record1,329 days
Secured debtSubscribers
OverviewSummary updated

6525785 Manitoba Ltd. is the subject of a bankruptcy proceeding under the Bankruptcy and Insolvency Act that commenced on March 17, 2023 in the Court of King's Bench, court file no. CI 23-01-39420. The record carries a single milestone: a receivership order granted on the commencement date itself. No later steps are entered on the record, and the proceeding is now recorded as closed.

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Case updates20 dated entries
#Order

Receivership order granted March 17, 2023, the date the proceeding commenced under court file no. CI 23-01-39420 in the Court of King's Bench.

Source: Filed Receivership Order

Parties

Debtor

6525785 Manitoba Ltd.

Receiver

MNP

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice MartinCourt of King's Bench of Manitoba5 orders, Mar 2023 – Oct 20248 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverMNPPitblado LLP14 Jun 2023Application · 14 Jun 2023
Creditor5684995 Manitoba Ltd. and K&P Properties IncSmith Neufeld Jodoin LLP14 Jun 2023Application · 14 Jun 2023
CreditorFirst National Financial GP CorporationThompson Dorfman Sweatman LLP14 Jun 2023Application · 14 Jun 2023
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredFirst National Financial GP Corporation (as general partner of First National Financial LP) · in 7 casesMortgage over Young Property (Nov 14, 2012, amended Jul 28, 2014); General Security Agreement over all present and after-acquired property relating to Young Property; General Assignment of Rents — Interest accrues thereafter at 3.27% per annum, compounded semi-annually; 647 and PGRP are beneficial owners of the Young Property but 652 (bare trustee) is the borrower/security grantor — debtor: 6525785 Manitoba Ltd. · as of 6 Jan 2023$1.73MFiled Notice of Application

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.

RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Documents
20 filings
DateDocumentFile
Discharge CertificatePDF · Subscribers
Distribution and Discharge
  • Presiding officer Justice Martin
PDF · Subscribers
Fourth Report of the ReceiverPDF · Subscribers
Sale Approval and Vesting Order
  • Presiding officer Justice Martin
PDF · Subscribers
Filed Motion Brief of the ReceiverPDF · Subscribers
Filed Notice of Motion of the Receiver
  • Counsel Pitblado LLP
PDF · Subscribers
Filed Order - Approving the Proposal for Sale
  • Presiding officer Justice Martin
PDF · Subscribers
Supplement to the Second Report of the ReceiverPDF · Subscribers
Notice of Motion
  • Counsel Thompson Dorfman Sweatman LLP
PDF · Subscribers
Second Report of the ReceiverPDF · Subscribers
Motion Brief of the ReceiverPDF · Subscribers
Notice of Motion of the ReceiverPDF · Subscribers
SSP Order
  • Presiding officer Justice Martin
PDF · Subscribers
First Report of the Receiver
PDF · Subscribers
Filed Receivership Order
  • Commencement date 17 March 2023
  • Court THE KING'S BENCH
  • Court file no CI 23-01-39420
  • Presiding officer Justice Martin
PDF · Subscribers
Brief of the RespondentsPDF · Subscribers
Affidavit of Patrick PennerPDF · Subscribers
Brief of ApplicantPDF · Subscribers
Filed Notice of Application
  • Commencement date 14 February 2023
  • Court THE KING'S BENCH
  • Court file no CI 23-01-39421
  • Financial position Subscribers
  • + 1 more extracted fact
PDF · Subscribers
Affidavit of Sonia Pacheo
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., “6525785 Manitoba Ltd.” (Receivership (court-appointed)). Retrieved 4 November 2026, https://proceedings.ca/case/6525785-manitoba-480young

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/6525785-manitoba-480young

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.