Proceedings.

LAH Sourcing Ltd. & LAH Holdings Ltd.

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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
S235903
Filings held6
Last activity3 Feb 2025
On the record1,178 days
OverviewSummary updated

LAH Sourcing Ltd. and LAH Holdings Ltd. are the subject of a court-appointed receivership proceeding commenced on February 3, 2025 in the Supreme Court of British Columbia under court file no. S235903, brought under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. An interim order was granted the same day the proceeding began. The receivership remains active, and no further steps have been recorded to date.

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Case updates6 dated entries
#Sale

The court granted an approval and vesting order for the sale to the Purchased Assets described in the Sale Agreement. Closing terms, as extracted: Delivery of Receiver's Certificate upon satisfaction of closing conditions; vacant possession at 12:00 noon on Closing Date.

Source: Order Re Approval and Vesting

Parties

Debtor

LAH Sourcing Ltd. & LAH Holdings Ltd.

Receiver

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)Canada Revenue Agency · in 985 casesas of early to mid 2022 (materials received by RBC) — Unpaid GST obligations described as 'approximately $700,000'; deemed trust class claim; figure is approximate, not an exact stated balance — debtor: LAH Sourcing Ltd. and LAH Holdings Ltd.$700KAffidavit of J. Ayotade
4Secured
4Secured
4Secured
4Secured

4 more claims in 1 class The stack holds Deemed trusts (CRA and other) and Secured claims.

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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 processPer the transactions

Sale approvedOrder Re Approval and Vesting · 3 Feb 2025

PurchaserPriceStatusSource
Purchaser under Offer to Purchase/Sale Agreement, not named in operative textthe Purchased Assets described in the Sale Agreement · real propertynot statedApproved3 Feb 2025Order Re Approval and Vesting
Closing termsDelivery of Receiver's Certificate upon satisfaction of closing conditions; vacant possession at 12:00 noon on Closing DateOrder Re Approval and Vesting
Documents6 filings
DateDocumentFile
Order Re Approval and Vesting
  • Closing terms Delivery of Receiver's Certificate upon satisfaction of closing conditions; vacant possession at 12:00 noon on Closing Date
  • Order date 3 February 2025
  • Purchaser Purchaser under Offer to Purchase/Sale Agreement, not named in operative text · the Purchased Assets described in the Sale Agreement · real property · approved
  • Stalking horse Subscribers
PDF · Subscribers
Order Re Approve Receiver Activities
  • Commencement date 3 February 2025
  • Court In the Supreme Court of British Columbia
  • Court file no S235903
  • Presiding officer Justice Donle
PDF · Subscribers
Form 87PDF · Subscribers
Receivership Order
  • Applicant ROYAL BANK OF CANADA
  • Appointee MNP Ltd.
  • Appointee role Receiver
  • Commencement date 15 August 2023
  • + 4 more extracted facts
PDF · Subscribers
Petition to the Court
  • Applicant Royal Bank of Canada
  • Appointee MNP Ltd.
  • Appointee role receiver
  • Commencement date 7 July 2023
  • + 5 more extracted facts
PDF · Subscribers
Affidavit of J. Ayotade
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., “LAH Sourcing Ltd. & LAH Holdings Ltd.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 4 November 2026, https://proceedings.ca/case/lah-sourcing

Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/lah-sourcing

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.