Proceedings.

Purcell International Education Limited and Purcell Golf Incorporated

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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
No. 23715
Filings held8
Last activity18 Aug 2026
On the record409 days
OverviewSummary updated

Purcell International Education Limited and Purcell Golf Incorporated have been in court-appointed receivership since September 22, 2025, when the Supreme Court of British Columbia made a receivership order in respect of both companies. The proceeding is brought under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority, and is carried on court file number 23715. The receivership remains active. The record to date consists of the appointment itself; no further steps have been reported on the file.

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Case updates8 dated entries
#Order

Receivership order made by the Supreme Court of British Columbia, placing both Purcell companies into court-appointed receivership and commencing the proceeding on court file 23715.

Source: Receivership Order

Guide

What happens to gift cards when a company goes out of business in Canada

When a Canadian store chain files for creditor protection, a court order decides how long its gift cards still work — often about two weeks. What happens after that, and to deposits, refunds, points and bookings, drawn from the 20 retail chains that went to court since 2023.

Parties

Debtor

Purcell International Education Limited and Purcell Golf Incorporated

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 casesGST indebtedness notified to Receiver by CRA; quasi-governmental/deemed-trust class claim; document notes this GST amount may retain trust status and be paid in an APA transaction, whereas it would be vested off (unrecovered) under the proposed RVO transaction — debtor: Purcell Golf Incorporated · as of 16 Oct 2025$68KFirst Court Report of Receiver
4Secured
4Secured
4Secured
4Secured
4Secured
4Secured
8Unsecured
8Unsecured
8Unsecured

36 more claims in 2 classes The stack holds Deemed trusts (CRA and other), Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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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.

RecoveriesAs stated in the filings

Unsecured creditors: a distribution. 150 B.C. Ltd. paid in full · Royal Bank of Canada paid in full · De Lage Landen no distribution.EstimatedFirst Court Report of Receiver · 13 Feb 2026

ClassCreditorClaimsRecoveryBasisSource
Secured150 B.C. Ltd.—paid in fullEstimatedper the receiverNotice of Application - Reverse Vesting Order · 13 Feb 2026
SecuredRoyal Bank of Canada—paid in fullEstimatedper the receiverNotice of Application - Reverse Vesting Order · 13 Feb 2026
Unsecuredunsecured creditors from pool of funds (GolfNorth bid)—Estimatedper the receiverFirst Court Report of Receiver · 13 Feb 2026
UnsecuredDe Lage Landen—no distributionEstimatedper the receiverFirst Court Report of Receiver · 13 Feb 2026
Equitytrade payables, unpaid golf cart lease payments, Shareholder Claimants and statutory creditors (150 Subscription Agreement / RVO)—no distributionEstimatedper the receiverFirst Court Report of Receiver · 13 Feb 2026

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

1 blurred figure above

The claims and what each class or creditor recovers — each as the filing states it, with its source.

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Documents8 filings
DateDocumentFile
Discharge OrderPDF · Subscribers
Order Made after Application - Approval and Reverse Vesting Order
  • Presiding officer Justice G.C. Weatherill
PDF · Subscribers
Second Supplement Report to First Report of the ReceiverPDF · Subscribers
Supplement to the First Report of the ReceiverPDF · Subscribers
First Court Report of Receiver
  • Recovery outcome Entries: per estimated; per estimated; per estimated; per estimated; per estimated; per estimated; per estimated · Stated on: 2026-02-13 · Table missing: Estimated Creditor Recovery; Bid Comparison
  • Financial position · Secured creditors Subscribers
PDF · Subscribers
Notice of Application - Reverse Vesting Order
  • Recovery outcome Entries: per estimated; per estimated; per liquidation_alternative · Table missing:
  • Financial position · Secured creditors Subscribers
PDF · Subscribers
Form 87 Notice and Statement of Receiver
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Receivership Order
  • Applicant 1503041 B.C. LTD.
  • Appointee MNP Ltd.
  • Appointee role Receiver and Manager
  • Commencement date 22 September 2025
  • + 4 more extracted facts
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., “Purcell International Education Limited and Purcell Golf Incorporated” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 4 November 2026, https://proceedings.ca/case/purcell-golf

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

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.

Purcell International Education Limited et al. — Receivership | Proceedings.