#Order
The court appointed Deloitte Restructuring Inc. as receiver and manager, on the application of DESJARDINS FINANCIAL SECURITY LIFE ASSURANCE COMPANY. Court file H-230653.
Source: Amended and Restated Receivership Order, dated November 17, 2025
Coromandel Cambie 59 BT Ltd.
FollowActive
- Proceeding
- Receivership (court-appointed)Section 243 of the Bankruptcy and Insolvency Act and Section 39 of the Law and Equity Act
- File
- H-230653
OverviewSummary updated
Coromandel Cambie 59 BT Ltd. has been under court-appointed receivership since November 7, 2024, when the Supreme Court of British Columbia made a receivership order in proceedings brought under section 243 of the Bankruptcy and Insolvency Act and provincial judicature legislation. The matter is carried on the court's file as H-230653 and remains active. The record for this page consists of the appointment order alone: no subsequent reports, applications or hearing dates have been entered against the file.
Proceedings AIAsk this case — answers cite the filings
Case updates13 dated entries
10 earlier updates, back to 17 November 2025 — subscribers.
Parties
Debtor
Coromandel Cambie 59 BT Ltd.
Receiver
Deloitte
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Latimer | Supreme Court of British Columbia | 2 orders, Nov 2025 | 4 cases on record |
| Justice Masuhara | Supreme Court of British Columbia | 2 orders, Nov 2024 | 15 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Applicant | Lawson Lundell LLP | 20 Nov 2024 | Order · 20 Nov 2024 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Desjardins Financial Security Life AssuranceMortgage and assignment of rents dated October 30, 2018 over the Lands (first-ranking) — Primary secured creditor; interest continues to accrue on this balance — debtor: Coromandel Cambie 59 BT Ltd., Coromandel Cambie 59 Developments Ltd., Coromandel Cambie 59 Limited Partnership · as of 7 Nov 2024 | $22.5M | First Report of the Court-appointed R eceiver, filed November 15, 2024 |
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.
1 more claim across lower-ranking classesSubscribe to view
Sale processAs stated in the filings
3 transactions · 1 approved · 1 terminated · 1 not completed — Stalking horse sale procedure and approval and reverse vesting order grantedStalking Horse Sale Procedure and Reverse Vesting Order, dated November… · 18 Nov 2024
| Purchaser | Price | Status | Source |
|---|---|---|---|
| 1475040 B.C. Ltd.Stalking horsethe Purchased Assets · assets and shares · ResidualCo: ResidualCo · agreement 15 Nov 2024 | Subscribers | Approved18 Nov 2024 | Stalking Horse Sale Procedure and Reverse… |
| 1475040 BC Ltd.the Lands and all buildings, structures and improvements thereon · share sale · agreement 15 Nov 2024 | Subscribers | Terminated | Second Report of the Court-appointed Receiver,… |
| unnamedthe Lands (the Transaction contemplated by the Stalking Horse Bid) | not stated | Not completed17 Jul 2025 | Second Report of the Court-appointed Receiver,… |
AdvisorsColliers Macaulay Nicholls Inc. (listing broker)Second Report of the Court-appointed Receiver, filed November 7, 2025
Closing termsVesting occurs upon delivery of the Closing Certificate by the Receiver to the PurchaserStalking Horse Sale Procedure and Reverse Vesting Order, dated November…
RecoveriesAs stated in the filings
Jin-Ocean Mortgage Investment Corporation: shortfall.EstimatedNotice of Application for approval of Stalking Horse Bid and SISP,… · 15 Nov 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| SecuredJin-Ocean (second-ranking mortgagee) | Jin-Ocean Mortgage Investment Corporation | — | shortfallconditional | Estimatedper the receiver | Notice of Application for approval of Stalking Horse Bid and SISP,… · 15 Nov 2024 |
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 stated figures across 1 outcome, each sourcedSubscribe to view
Estate financialsReported figures — never derived
Cumulative receipts
$295K
As at 7 Nov 2025Second Report of the Court-appointed Receiver, filed November 7, 2025
3 more reported figures, as at 7 Nov 2025Subscribe to view
Documents
13 filings
| Date | Document | File |
|---|---|---|
Amended and Restated Receivership Order, dated November 17, 2025
| PDF · Subscribers | |
| Notice of Application for November 17, 2025 Hearing | PDF · Subscribers | |
Order Approving Receiver's Activities, dated November 17, 2025
| PDF · Subscribers | |
| Service List as at November 14, 2025 | PDF · Subscribers | |
Second Report of the Court-appointed Receiver, filed November 7, 2025
| PDF · Subscribers | |
Approval of Receiver's Activities Order, dated November 20, 2024
| PDF · Subscribers | |
Stalking Horse Sale Procedure and Reverse Vesting Order, dated November 20, 2024
| PDF · Subscribers | |
First Report of the Court-appointed R eceiver, filed November 15, 2024
| PDF · Subscribers | |
Notice of Application for approval of Stalking Horse Bid and SISP, filed November 15, 2024
| PDF · Subscribers | |
| Notice and Statement of Receiver, dated November 14, 2024 | PDF · Subscribers | |
Receivership Order, dated November 7, 2024
| PDF · Subscribers | |
Affidavit #1 of Kathy Wang, filed November 5, 2024
| PDF · Subscribers | |
Notice of Application for appointment of Receiver, filed November 5, 2024
| 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., “Coromandel Cambie 59 BT Ltd.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/coromandel-cambie-59-bt-ltd