Rupert Mews Limited Partnership et al.
Follow- Proceeding
- Receivership (court-appointed)Section 243(1) of the Bankruptcy and Insolvency Act and Section 39 of the Law and Equity Act
- File
- S-253889
Rupert Mews Limited Partnership, together with Rupert Mews GP Ltd. and nominee 1152846 B.C. Ltd., has been the subject of a court-appointed receivership proceeding under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority since June 19, 2025. The petition was brought by National Bank of Canada, the largest secured creditor, which holds a first-ranking charge over the borrower's property, assets and undertakings, a mortgage with assignment of rents in the registered principal amount of $9,300,000 registered at the New Westminster Land Title Office on October 29, 2020 and modified January 31, 2023, site-specific general security agreements, and a general assignment of rents and leases. A demand letter dated May 2, 2025 stated indebtedness of $9,352,920.82; a payout statement put the total at $9,369,992.06 as of May 12, 2025, comprising $9,300,000.00 principal and $69,992.06 accrued interest, with interest running at $1,707.12 per day. The bank also holds guarantees from four corporate guarantors, five individuals and the nominee. The matter remains active.
Debtor
Rupert Mews Limited Partnership et al.
Applicant
National Bank of Canada
Receiver
KPMG
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Hughes | Supreme Court of British Columbia | 1 order, Jun 2025 | 2 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverKPMG | McCarthy Tétrault LLP | 4 Jul 2025 | Service list · 4 Jul 2025 |
| CreditorDanacan Holdings Inc | Allen / McMillan Litigation Counsel c/o | 4 Jul 2025 | Service list · 4 Jul 2025 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | National Bank of Canada · in 87 casesMortgage with assignment of rents (principal $9,300,000) registered Oct 29, 2020, New Westminster Land Title Office, as modified Jan 31, 2023; site-specific general security agreements (GSAs) over all property located on or used in connection with the Property; general assignment of rents and leases dated Oct 28, 2020; direction and beneficial charge agreements dated Oct 8, 2020 and Feb 14, 2023; unlimited guarantee from Nominee dated Oct 28, 2020 — Payout statement (Exhibit B) total as of 5/12/2025: principal $9,300,000.00 + accrued interest $69,992.06 = $9,369,992.06; per diem interest $1,70 · as of 12 May 2025 | $9.37M | Affidavit of E. Welte |
per estimated amounts are based on 2024 British Columbia assessments, which may not accurately reflect the net realizable value of the Company's assets · entity - 1152846 B.C. Ltd. (property held in bare trust for beneficial owner Rupert Mews Limited Partnership) — Estimated amount owed to secured creditors is referenced but no figure/table is shown in this document; amounts owing are based on estimates provided and may not accurately reflect the liabilities of the Company.
| Date | Document | File |
|---|---|---|
Service List
| ||
| 1152846 B.C. LTD. Certificate | ||
| Rupert Mews GP Ltd. Certificate | ||
| Rupert Mews Limited Partnership Certificate | ||
Form 87 1152846 BC Ltd
| ||
| Form 87 Rupert Mews GP Ltd | ||
| Form 87 Rupert Mews Limited Partnership | ||
Receivership Order
| ||
Petition
| ||
Affidavit of E. Welte
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Rupert Mews Limited Partnership et al.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/rupert-mews-limited-partnership-et-al