Proceedings.

Maverick Estate Winery Inc. and Maverick Vineyards Inc.

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Proceeding
Receivership (court-appointed)Section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended and Section 39 of the Law and Equity Act, R.S.B.C. 1996 c.253, as amended
File
S261982
Filings held9
Last activity10 Apr 2026
On the record173 days
OverviewSummary updated

Maverick Estate Winery Inc. and Maverick Vineyards Inc. have been under court-appointed receivership since April 1, 2026, when the Supreme Court of British Columbia at Vancouver appointed KSV Restructuring Inc. as Receiver and Manager on the application of Royal Bank of Canada. The order was made under section 243(1) of the Bankruptcy and Insolvency Act and section 39 of British Columbia's Law and Equity Act, and included a stay of proceedings. The Receiver and its counsel hold a first charge on the Property, ahead of all other security interests but subject to sections 14.06(7), 81.4(4) and 81.6(2) of the BIA, and the Receiver holds a further $400,000 borrowings charge ranking behind it. A phase one deadline of July 17, 2026 and a bid deadline of August 14, 2026 apply. The proceeding remains active.

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Case updates8 dated entries · 2 undated
#Order

Appointed KSV Restructuring Inc. Receiver and Manager over the two Maverick companies on Royal Bank of Canada's application, staying proceedings and granting the Receiver's Charge and a $400,000 borrowings charge.

Source: Receivership Order dated April 1, 2026

5 earlier updates, back to 1 April 2026 subscribers.

Undated filings2 — no date appears on the document · show

2 filings carry no date on their face — subscribers.

Parties

Debtor

Maverick Estate Winery Inc. and Maverick Vineyards Inc.

Applicant

Royal Bank of Canada

Receiver

KSV

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
Court-ordered chargesReceiver's Borrowings Charge — in priority to all security interests, trusts, liens, charges and encumbrances, statutory or otherwise, in favour of any Person, but subordinate in priority to the Receiver's Charge and the charges as set out in Sections$400KReceivership Order dated April 1, 2026

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.

5 more claims across lower-ranking classes

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Sale processAs stated in the filings

Bid deadline

14 August 2026

Sale Process Procedures

Phase 1 deadline

17 July 2026

Sale Process Procedures

AdvisorsColliers (listing broker)Sale Process Procedures
Documents
9 filings
DateDocumentFile
Notice and Statement of the Receiver dated April 10, 2026
PDF · Subscribers
Notice of Application returnable April 1, 2026
PDF · Subscribers
Receivership Order dated April 1, 2026
  • Applicant Royal Bank of Canada
  • Appointee KSV Restructuring Inc.
  • Appointee role Receiver and Manager
  • Charges Subscribers
  • + 7 more extracted facts
PDF · Subscribers
Sale Process Procedures
  • Bid deadline 14 August 2026
  • Outside date 30 September 2026
  • Phase1 deadline 17 July 2026
  • Break fee Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Affidavit #1 of Navneet Sidhu sworn March 18, 2026PDF · Subscribers
Notice of Civil Claim filed March 18, 2026
  • Applicant Royal Bank of Canada
  • Court file no S-261982
  • Financial position · Secured creditors Subscribers
PDF · Subscribers
Affidavit #1 of Jasdeep Chohan sworn March 16, 2026
PDF · Subscribers
Maverick Estate Winery TeaserPDF · Subscribers
Property WebpagePDF · Subscribers

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

CiteProceedings., “Maverick Estate Winery Inc. and Maverick Vineyards Inc.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/maverick-estate-winery-inc-and-maverick-vineyards-inc

Sources last checked · summary updated 5 August 2026 · Report a correction · Printed from proceedings.ca/case/maverick-estate-winery-inc-and-maverick-vineyards-inc

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.

Maverick Estate Winery Inc. et al. — Receivership | Proceedings.