Maverick Estate Winery Inc. and Maverick Vineyards Inc.
- 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
- Industry
- Manufacturing · Food & beverage manufacturing
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.
Reported continued operation of the winery business, the Colliers-run solicitation of non-binding letters of intent without an asking price, and Receiver's fees of $422,529.49 for March 1 to September 30, 2026.
Notice of Application of the Receiver dated October 9, 2026 — Application / notice of application
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.
Maverick Estate Winery Inc. and Maverick Vineyards Inc. — Receivership filed, British Columbia.
Undated filings2 — no date appears on the document · show
Outcome brief
Maverick Estate Winery: $2,330,000 for the winery, the Crux Vineyard excluded
On October 23 Justice J.M. Gropper approved the sale of the Oliver, B.C. winery to 1605274 B.C. Ltd. at $2,330,000, under an amendment dated as of that day to a $2,050,000 agreement. The distribution order pays RBC fourth, up to its debt; the 77-acre Crux Vineyard drew no qualifying final bid.
Debtor
Maverick Estate Winery Inc. and Maverick Vineyards Inc.
Applicant
Royal Bank of Canada
Receiver
KSV
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| Court-ordered charges | ||||
| 1 | Court-ordered charges | Receiver'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 | $400K | Receivership Order dated April 1, 2026 |
| 1 | Court-ordered charges | |||
| Pre-filing debt | ||||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
7 more claims in 3 classes The stack holds Court-ordered charges, Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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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.
Approval pending — The Receiver seeks court approval of the APS dated September 29, 2026 with 1605274 B.C. Ltd., following a Colliers-run sale process, and a vesting order upon delivery of the Receiver's Closing Certificate.First Report of the Receiver dated October 9, 2026 · 9 Oct 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| 1605274 B.C. Ltd.the Assets (as defined in the APS), including the Real Properties (the Winery and the Crux Vineyard) · asset sale · agreement 29 Sep 2026 | not stated | Proposedoutside 30 Sep 2026 | First Report of the Receiver dated October 9,… |
Professional fees
$423K
As at 30 Sep 2026First Report of the Receiver dated October 9, 2026
| Date | Document | File |
|---|---|---|
| Approval and Vesting Order dated October 23, 2026 | PDF · Subscribers | |
| Distribution and Ancillary Order dated October 23, 2026 | PDF · Subscribers | |
| Sealing Order dated October 23, 2026 | PDF · Subscribers | |
First Report of the Receiver dated October 9, 2026
| PDF · Subscribers | |
Notice of Application of the Receiver dated October 9, 2026
| PDF · Subscribers | |
| Notice of Hearing of Application dated October 9, 2026 | PDF · Subscribers | |
| Fee Affidavit of Jason Knight sworn October 8, 2026 | PDF · Subscribers | |
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
| PDF · Subscribers | |
Sale Process Procedures
| PDF · Subscribers | |
| Affidavit #1 of Navneet Sidhu sworn March 18, 2026 | PDF · Subscribers | |
Notice of Civil Claim filed March 18, 2026
| PDF · Subscribers | |
Affidavit #1 of Jasdeep Chohan sworn March 16, 2026
| PDF · Subscribers | |
Maverick Estate Winery Teaser
| PDF · Subscribers | |
| Property Webpage | 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., “Maverick Estate Winery Inc. and Maverick Vineyards Inc.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 5 November 2026, https://proceedings.ca/case/maverick-estate-winery-inc-and-maverick-vineyards-inc