Proceedings.

Victorian Epicure Inc.

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Active
Proceeding
Receivership (court-appointed)Section 243(1) of the Bankruptcy and Insolvency Act and Section 39 of the Law and Equity Act
File
VLC-S-S-251981
Filings held13
Last activity17 Apr 2025
On the record539 days
OverviewSummary updated

Victorian Epicure Inc. is the subject of a court-appointed receivership proceeding in the Supreme Court of British Columbia, brought under section 243 of the Bankruptcy and Insolvency Act together with provincial Judicature Act authority. The proceeding commenced on March 14, 2025 with the filing of the application, and carries court file number VLC-S-S-251981. The matter is active. Beyond the commencement filing, the record contains no further steps: no receiver's reports, no sale or claims process, and no scheduled hearings.

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Case updates13 dated entries
#Sale

The court granted an approval and vesting order for the sale to 1535080 B.C. Ltd. Closing terms, as extracted: Vacant possession delivered at 12:00 noon on Closing Date; Closing Date may be extended by consent without further order.

Source: Approval & Vesting Order

#Filing

Commenced the receivership proceeding on March 14, 2025 in the Supreme Court of British Columbia under BIA section 243, opening court file VLC-S-S-251981.

Source: Petition to the Court

Parties

Debtor

Victorian Epicure Inc.

Receiver

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · 3 named without a figure
#Priority classCreditorAmountSource
4SecuredMeridian Onecap Credit Corp · in 20 casesas of FMOC date (2025-02-21) — PPSA registrations against forklifts (1 Forklift under one registration; 4 Forklifts under a second registration) — One of three creditors (with BMO and Toyota Credit Canada Inc.) whose combined filed secured proofs of claim totalled $10,809,324; individual amount not stated in the document. — debtor: Victorian Epicure Inc.Proposed Receiver's Report
4SecuredCWB National Leasing Inc. · in 110 casesPPSA registrations against 1 Forklift and Forklift batteries — PPSA registrant per BC search performed Jan 6, 2025; not among the three creditors reported to have filed secured proofs of claim (BMO, Toyota Credit Canada, Meridian Onecap); amount not stated. — debtor: Victorian Epicure Inc.Proposed Receiver's Report
5PMSI / lessorsBank of Montreal (BMO) · in 279 casesas of 2025-01-27 (Bankruptcy Date) — General Security Agreement (blanket); also PMSI-style registrations against 2 Scissor lifts, 1 Forklift Truck, 1 Forklift, 2 Caterpillars, 1 Nissan — Debt comprised of demand/fixed-rate loans $1,970,977, operating line of credit $8,412,971, and secured credit cards $49,997 (sum shown in document is internally inconsistent by ~$10,000). BMO's security validity confirmed by independent Security Opinion obtained Feb 11, 2025 under BIA s.13.4(1). BMO is one of three secured creditors whose filed secured proofs of claim aggregated $10,809,324 as at the FMOC (Feb$10.4MProposed Receiver's Report
5PMSI / lessorsToyota Credit Canada Inc. · in 20 casesas of FMOC date (2025-02-21) — PPSA registration against 1 Vehicle (PMSI) — One of three creditors (with BMO and Meridian Onecap Credit Corp) whose combined filed secured proofs of claim totalled $10,809,324; individual amount not stated in the document. — debtor: Victorian Epicure Inc.Proposed Receiver's Report
7Preferred (BIA s. 136)Preferred creditors (aggregate as reported) · in 44 casesas of Filed proofs of claim as of 2025-02-20 — Preferred class (BIA s.81.3(1) wage-earner claims), ranking ahead of ordinary unsecured creditors. Statement of Affairs originally reported this class as Nil. — debtor: Victorian Epicure Inc.$118KProposed Receiver's Report
8UnsecuredUnsecured creditors (aggregate as reported) · in 532 casesas of FMOC date (2025-02-21) — Filed proofs of claim (unsecured) as at Feb 20, 2025, 6:00pm Pacific, totalled $3,727,495 (a different, lower figure than the SoA estimate). The pages provided do not contain a complete itemized creditor list; a single fragment page of Form 78 (List of Liabilities, items 86-89) names four example unsecured creditors: Workplace Safety and Insurance Board ($1,275.22), Worlee Natural Products Canada Inc. ($14,641.73), Yamasa Corporation USA ($21,427.35), and Zayer Automations Inc. ($3,255.00), but the full schedule (hundreds of Ambassador and trade claims) is not in$5.77MProposed Receiver's Report

“not stated” means the record names the claim without a figure; “” means not in the extracted record.

Sale processPer the transactions

Sale approvedApproval & Vesting Order · 17 Apr 2025

PurchaserPriceStatusSource
1535080 B.C. Ltd.the assets described in Schedule 'A' of the Sale Agreement (the 'Purchased Assets') · asset sale · agreement 2 Apr 2025not statedApproved17 Apr 2025Approval & Vesting Order
Closing termsVacant possession delivered at 12:00 noon on Closing Date; Closing Date may be extended by consent without further orderApproval & Vesting Order
Estate financialsReported figures — never derived
Total assets at filing$9.2M
Total liabilities at filing$15M

per Assets at unaudited book value per Company's books and records, with realizable value largely 'Unknown' (only $3,553,771 of realizable value identified); liabilities per Statement of Affairs as tabulated by the Trustee. · Victorian Epicure Inc. (single entity, non-consolidated) — Assets ($9,202,528 book value; $3,553,771 realizable value) are stated as at the date of the Proposed Receiver's Report (March 18, 2025); liabilities ($15,023,974 per Statement of Affairs; $14,654,848 per proofs of claim filed as of Feb 20, 2025) are stated as at the FMOC (Feb 21, 2025) — the two sides use different as-at dates. Appendix A separately notes that 'the secured creditor amount listed on the Statement of Affairs was presented as the value of the Company's asset value due to form limitations,' i.e., the SoA secured-liabilities figure may reflect asset values rather than true debt ba

Documents
13 filings
DateDocumentFile
Activity Approval OrderPDF
Approval & Vesting Order
  • Closing terms Vacant possession delivered at 12:00 noon on Closing Date; Closing Date may be extended by consent without further order
  • Order date 17 April 2025
  • Purchaser 1535080 B.C. Ltd. · the assets described in Schedule 'A' of the Sale Agreement (the 'Purchased Assets') · asset sale · approved
PDF
Order Made After Application
  • Applicant Bank of Montreal
  • Appointee MNP Ltd.
  • Appointee role Receiver and Manager
  • Commencement date 31 March 2025
  • + 3 more extracted facts
PDF
Order NisiPDF
Petition and Application RecordPDF
Affidavit #1 of Linda AlexanderPDF
Notice of ApplicationsPDF
Notice of HearingPDF
Proposed Receiver's Report
  • Financial position Assets $9.2M · Liabilities $15M · per Assets at unaudited book value per Company's books and records, with realizable value largely 'Unknown' (only $3,553,771 of realizable value identified); liabilities per Statement of Affairs as tabulated by the Trustee. · Victorian Epicure Inc. (single entity, non-consolidated) — Assets ($9,202,528 book value; $3,553,771 realizable value) are stated as at the date of the Proposed Receiver's Report (March 18, 2025); liabilities ($15,023,974 per Statement of Affairs; $14,654,848 per proofs of claim filed as of Feb 20, 2025) are stated as at the FMOC (Feb 21, 2025) — the two sides use different as-at dates. Appendix A separately notes that 'the secured creditor amount listed on the Statement of Affairs was presented as the value of the Company's asset value due to form limitations,' i.e., the SoA secured-liabilities figure may reflect asset values rather than true debt balances.
  • Secured creditors $10.4M · Note: Debt comprised of demand/fixed-rate loans $1,970,977, operating line of credit $8,412,971, and secured credit cards $49,997 (sum shown in document is internally inconsistent by ~$10,000). BMO's security validity confirmed by independent Security Opinion obtained Feb 11, 2025 under BIA s.13.4(1). BMO is one of three secured creditors whose filed secured proofs of claim aggregated $10,809,324 as at the FMOC (Feb 21, 2025) (with Toyota Credit Canada Inc. and Meridian Onecap Credit Corp); individual filed-proof amount for BMO not separately stated. BMO's debt is also reported to be secured against 644303 BC Ltd. (the Landlord/related party), which owns the Premises. · Page: 12 · As of: 2025-01-27 (Bankruptcy Date) · Debtor: Victorian Epicure Inc. · Creditor: Bank of Montreal (BMO) · Security: General Security Agreement (blanket); also PMSI-style registrations against 2 Scissor lifts, 1 Forklift Truck, 1 Forklift, 2 Caterpillars, 1 Nissan
  • Unsecured creditors $5.77M · Note: Filed proofs of claim (unsecured) as at Feb 20, 2025, 6:00pm Pacific, totalled $3,727,495 (a different, lower figure than the SoA estimate). The pages provided do not contain a complete itemized creditor list; a single fragment page of Form 78 (List of Liabilities, items 86-89) names four example unsecured creditors: Workplace Safety and Insurance Board ($1,275.22), Worlee Natural Products Canada Inc. ($14,641.73), Yamasa Corporation USA ($21,427.35), and Zayer Automations Inc. ($3,255.00), but the full schedule (hundreds of Ambassador and trade claims) is not included in these pages. · Page: 11 · As of: FMOC date (2025-02-21) · Basis: Statement of Affairs as reported by the Trustee · Debtor: Victorian Epicure Inc. · Creditor: Unsecured creditors (aggregate as reported)
PDF
Service ListPDF
Statement of Accounting and Relief SoughtPDF
Affidavit #1 of Duc Nguyen
  • Secured creditors Note: Referred to in filing as the 'Epicure GSA'; no outstanding balance stated on these pages · Page: 9 · Debtor: Victorian Epicure Inc. · Creditor: Bank of Montreal · Currency: CAD · Security: General Security Agreement with Floating Charge (PPSA, BC) dated March 27, 2002, over all present and after-acquired personal property, equipment, inventory, accounts, intangibles, and real/immovable property of Victorian Epicure Inc.
PDF
Petition to the Court
  • Applicant Bank of Montreal
  • Commencement date 14 March 2025
  • Court IN THE SUPREME COURT OF BRITISH COLUMBIA
  • Court file no VLC-S-S-251981
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Victorian Epicure Inc.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/epicure-receivership

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/epicure-receivership

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.