#Order
Order granted before Justice Kirchner approving the sale of the lands and buildings for $4,410,000 cash, with vacant possession to be delivered at noon on closing.
Nuage Foam Inc. and 1324236 B.C. Ltd
ActiveFollow
- Proceeding
- Receivership (court-appointed)Section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended and 39 of the Law and Equity Act
- File
- H251174
- Industry
- Manufacturing · Textiles, apparel & furniture
Filings held9
Last activity17 Sep 2026
On the record370 days
OverviewSummary updated
Nuage Foam Inc. and 1324236 B.C. Ltd are in receivership in the Supreme Court of British Columbia, in a proceeding commenced October 31, 2025 under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act powers, court file H251174. The property taken into the receivership belongs to 1324236 B.C. Ltd. and is carried at a book cost of $2,788,825 for land and $3,932,604 for the building, on limited and incomplete information subject to change. National Bank of Canada claims $6,500,000 plus interest against 1324236 B.C. Ltd. The Canada Revenue Agency asserts a security interest, and the Ministry of Finance is listed among the unsecured creditors.
Proceedings AIOpen Proceedings AI
Case updates8 dated entries · 1 undated
#Claims
Notice and Statement of the Receiver of 1324236 B.C. Ltd. dated November 10, 2025 — Notice to creditors
#Claims
Notice and Statement of the Receiver of Nuage Foam Inc. Ltd. dated November 10, 2025 — Notice to creditors
Undated filings1 — no date appears on the document · show
—
AnalysisAll insights
Outcome brief
Nuage Foam: the Delta plant sells for $4.41 million
Crowe MacKay found the foam-mattress plant at 6455 64th Street without most of its equipment or its electrical system when it took possession. Ten months, three list prices and seven written offers later, Justice Weatherill approved a sale to 1586115 B.C. Ltd. for $4,410,000 on September 17, 2026, $260,000 above the price the receiver had asked the court to approve.
Parties
Debtor
Nuage Foam Inc. and 1324236 B.C. Ltd
Receiver
Crowe MacKay
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Weatherill | Supreme Court of British Columbia | 1 order, Sep 2026 | 13 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverCrowe MacKay | Lawson Lundell LLP | 13 Mar 2026 | Service list · 13 Mar 2026 |
| Applicant | Owen Bird Law Corporation | 13 Mar 2026 | Service list · 13 Mar 2026 |
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | The Canada Revenue Agency · in 2 casesAmount stated as unknown — debtor: 1324236 B.C. Ltd. | — | Notice and Statement of the Receiver of 1324236 B.C. Ltd. dated November 10, 2025 |
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
3 more claims in 2 classes The stack holds Deemed trusts (CRA and other), Secured and Unsecured claims.
Every creditor and every amount.
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See all plans“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
2 transactions · 1 proposed · 1 approved — Receiver entered into PSA and seeks approval of sale to Purchaser, subject to superior offersReceiver’s First Report to Court · 2 Sep 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| 1586115 B.C. Ltd.the Property · real property · agreement 21 Jul 2026 | Subscribers | Proposed | Receiver’s First Report to Court |
| unnamedthe lands and buildings described in the Sale Agreement (the "Purchased Assets") · real property | Subscribers | Approved17 Sep 2026 | Order Made After Application - Sale Approval |
AdvisorsNAI Commercial (listing broker)Receiver’s First Report to Court
Closing termsVacant possession of the Purchased Assets shall be delivered by the Receiver to the Purchaser at 12:00 noon on the Closing Date, subject to the permitted encumbrancesOrder Made After Application - Sale Approval
Documents
9 filings
| Date | Document | File |
|---|---|---|
| Order Made After Application - Approved Activities | PDF · Subscribers | |
Order Made After Application - Sale Approval
| PDF · Subscribers | |
Notice of Application – Sale and Vesting Order
| PDF · Subscribers | |
Receiver’s First Report to Court
| PDF · Subscribers | |
Service List
| PDF · Subscribers | |
Notice and Statement of the Receiver of 1324236 B.C. Ltd. dated November 10, 2025
| PDF · Subscribers | |
Notice and Statement of the Receiver of Nuage Foam Inc. Ltd. dated November 10, 2025
| PDF · Subscribers | |
Receivership Order dated October 31, 2025
| PDF · Subscribers | |
6455 64th Street – Marketing Brochure
| 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., “Nuage Foam Inc. and 1324236 B.C. Ltd” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 5 November 2026, https://proceedings.ca/case/nuage-foam-inc-and-1324236-b-c-ltd