Kensington Union Bay Properties
- Proceeding
- Receivership (court-appointed)Section 243(1) of the Bankruptcy and Insolvency Act and Section 39 of the Law and Equity Act
- File
- H-100741
- Industry
- Real estate · Residential development
Kensington Union Bay Properties has been in court-appointed receivership since January 22, 2025, when the Supreme Court of British Columbia granted a receivership order. The proceeding is brought under section 243 of the Bankruptcy and Insolvency Act together with provincial Judicature Act authority, and is carried under Supreme Court file number H-100741. The appointment order is the only step recorded to date, and the receivership remains active.
Placed the company into court-appointed receivership in the Supreme Court of British Columbia under BIA s. 243 and provincial Judicature Act authority, commencing file H-100741.
Source: Receivership Order
Response to Petition - Cameron Stephens Mortgage Capital Ltd. — Response / objection pleading
Debtor
Kensington Union Bay Properties
Receiver
MNP
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Coval | Supreme Court of British Columbia | 1 order, Jan 2025 | 16 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverMNP | Lawson Lundell LLP | 6 Feb 2025 | Service list · 6 Feb 2025 |
| Applicant | Clark Wilson LLP Previously McCarthy Tétrault LLP (last seen 21 Jan 2025) | 21 Jan 2025 | Service list · 6 Feb 2025 |
| CreditorBroadway Camera Investments Ltd., Kangaloo Invesmtments Ltd., John Lo | Owen Bird Law Corporation | 14 Oct 2026 | Service list · 14 Oct 2026 |
| CreditorMcElhanney Ltd. (formerly McElhaney Consulting Services Ltd.) | Norton Rose Fulbright Canada LLP | 6 Feb 2025 | Service list · 6 Feb 2025 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Cameron Stephens Mortgage Capital Ltd. · in 11 casesFirst-ranking mortgage (CB995129) and assignment of rents (CB995130) over the Lands; project specific security agreement and beneficial mortgage/direction to charge dated for reference September 1, 2023 — Original Loan advanced was $13,500,000 (November 1, 2023); current indebtedness of $13,908,030.45 stated as at January 13, 2025 with interest continuing to accrue; guaranteed personally by Mo Yeung Ching a.k.a. Michael Ching — debtor: Kensington Union Bay Properties Nominee Ltd., Kensington Union Bay Properties Limited Partnership, and Kensington Union Bay Properties GP Ltd. (Borrowers) · as of 13 Jan 2025 | $13.9M | Notice of Application |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
20 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount.
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See all plansThis 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.
| Date | Document | File |
|---|---|---|
Service List as at October 14, 2026
| PDF · Subscribers | |
Service List
| PDF · Subscribers | |
| Affidavit #1 of Brian McMahon | PDF · Subscribers | |
Form 87 Notice and Statement of Receiver
| PDF · Subscribers | |
| Notice of Application re Transfer of Proceedings | PDF · Subscribers | |
Receivership Order
| PDF · Subscribers | |
| Response to Petition - 3003297 Nova Scotia Company | PDF · Subscribers | |
Requisition - General
| PDF · Subscribers | |
| Affidavit #1 of Raissa Pereira | PDF · Subscribers | |
| Response to Petition - Cameron Stephens Mortgage Capital Ltd. | PDF · Subscribers | |
| First Affidavit of Mo Yeung Ching | PDF · Subscribers | |
| Notice of Hearing | PDF · Subscribers | |
| Petition to the Court | PDF · Subscribers | |
| Affidavit #2 of Brad Wise | PDF · Subscribers | |
Notice of Application
| PDF · Subscribers | |
| Affidavit #1 of Brad Wise | PDF · Subscribers | |
Affidavit #1 of Jasmine Yu
| 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., “Kensington Union Bay Properties” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 4 November 2026, https://proceedings.ca/case/kensington-union-bay