Proceedings.

Ecoasis Pacific Properties Limited Partnership

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Proceeding
Receivership (court-appointed)Section 39 of the Law and Equity Act, R.S.B.C. 1996 c.253
File
S233683
Filings held4
Last activity9 Oct 2024
On the record1,056 days
Secured debtSubscribers
OverviewSummary updated

Ecoasis Pacific Properties Limited Partnership is in court-appointed receivership, with MNP Ltd. appointed receiver on the application of Sanovest, its secured creditor. The receiver's statement of estimated realizations identifies the partnership's assets as cash and a corporate tax refund and states Sanovest's estimated recovery as at April 19, 2023; no total for liabilities is given.

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Case updates4 dated entries
#Report

The officer filed report no. First Report. The receivership involves winding down Ecoasis's remaining assets (cash and a tax refund) following sale of its real estate lots, with the Receiver focused on resolving a loan dispute with secured creditor Sanovest Holdings and recommending an interim distribution. Court file S233683.

Source: Receiver's First Report to Court

1 earlier update, back to 31 October 2023 subscribers.

Parties

Debtor

Ecoasis Pacific Properties Limited Partnership

Receiver

MNP

Bench and counselPer the orders and service lists on the record

Counsel of record

PartyCounselFirst seenSource
CreditorSanovest Holdings LtdFasken Martineau DuMoulin LLP28 May 2024Service list · 28 May 2024
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredSanovest Holdings Ltd. · in 2 casesMortgage, assets and assignment of rents — Estimated realization amount; Sanovest is also the petitioner that applied for MNP Ltd.'s appointment as receiver — debtor: Ecoasis Pacific Properties Limited Partnership · as of 19 Apr 2023$3.63M USDForm 87 Notice and Statement of Receiver
RecoveriesAs stated in the filings

Sanovest Holdings Ltd.: a distribution.EstimatedReceiver's First Report to Court · 9 Oct 2024

ClassCreditorClaimsRecoveryBasisSource
SecuredSanovest Holdings Ltd.a distributioninterimconditionalEstimatedper the receiverReceiver's First Report to Court · 9 Oct 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.

3 stated figures across 1 outcome, each sourced

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Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Cumulative receipts

$2.47M USD

As at 10 Oct 2024Receiver's First Report to Court

3 more reported figures, as at 10 Oct 2024

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Documents4 filings
DateDocumentFile
Receiver's First Report to Court
  • Applicant Sanovest Holdings Ltd.
  • Appointee MNP Ltd.
  • Appointee role Receiver and Manager
  • Cash on hand Subscribers
  • + 12 more extracted facts
PDF · Subscribers
Service List as of May 28, 2024
  • Counsel Fasken Martineau DuMoulin LLP
PDF · Subscribers
Form 87 Notice and Statement of Receiver
  • Commencement date 31 October 2023
  • Court file no S233683
  • Financial position · Secured creditors Subscribers
  • + 1 more extracted fact
PDF · Subscribers
Receivership OrderPDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Ecoasis Pacific Properties Limited Partnership” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/ecoasis-pacific-properties-limited-partnership

Sources last checked · summary updated 2 September 2026 · Report a correction · Printed from proceedings.ca/case/ecoasis-pacific-properties-limited-partnership

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.