Proceedings.

Kaiser Weber Properties

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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-H-241077
Filings held6
Last activity29 May 2025
On the record561 days
OverviewSummary updated

Kaiser Weber Properties is the subject of an active court-appointed receivership proceeding in the Supreme Court of British Columbia, brought under BIA s. 243 and provincial Judicature Act authority and carried under court file no. VLC-S-H-241077. The matter dates from November 22, 2024, when a Petition was filed commencing foreclosure proceedings against the debtor. The record before this page carries no further steps, and no subsequent orders, reports or hearing dates have been entered.

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Case updates6 dated entries
Parties

Debtor

Kaiser Weber Properties

Receiver

D. Manning & Associates

Bench and counselPer the orders and service lists on the record

Counsel of record

PartyCounselFirst seenSource
ApplicantDouglas BKornfeld LLP8 May 2025Application · 8 May 2025
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredBusiness Development Bank of Canada · in 251 casesMortgage and General Security Agreement (GSA) over the Lands at 20436 Fraser Highway, Langley, BC — This is a foreclosure/receivership application; petitioner holds contractual right to appoint receiver under Mortgage and GSA; no balance stated in these pages — debtor: QRD (Fraser Hwy) Holdings Inc. and Kaiser Weber Properties Inc.—Notice of Application to Appoint Receiver dated April 10, 2025

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

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.

Sale processAs stated in the filings

Sale process approved — Petitioner entitled to list the Lands for sale, subject to court approval of any saleOrder for Conduct of Sale dated May 29, 2025 · 29 May 2025

Documents6 filings
DateDocumentFile
Order for Conduct of Sale dated May 29, 2025
  • Sale outcome Sale process approved — Petitioner entitled to list the Lands for sale, subject to court approval of any sale
  • Stalking horse Subscribers
PDF · Subscribers
Affidavit of Douglas Hyndman dated May 8, 2025PDF · Subscribers
Notice of Application dated May 8, 2025
  • Counsel Petitioner Douglas B. Hyndman Kornfeld LLP
PDF · Subscribers
Order Made After Application dated April 23, 2025
  • Applicant BUSINESS DEVELOPMENT BANK OF CANADA
  • Appointee D. Manning & Associates Inc.
  • Appointee role Receiver and Manager
  • Commencement date 23 April 2025
  • + 4 more extracted facts
PDF · Subscribers
Affidavit of Lawrence Lee dated April 10, 2025PDF · Subscribers
Notice of Application to Appoint Receiver dated April 10, 2025
  • Applicant Business Development Bank of Canada
  • Appointee D. Manning & Associates Inc.
  • Appointee role Receiver
  • Commencement date 22 November 2024
  • + 6 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., “Kaiser Weber Properties” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 4 November 2026, https://proceedings.ca/case/kaiser-weber-properties

Sources last checked · summary updated 18 August 2026 · Report a correction · Printed from proceedings.ca/case/kaiser-weber-properties

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.