Sperling GP Ltd., Sperling Limited Partnership and 1112849 B.C. Ltd.
Follow- Proceeding
- CCAACCAA
- File
- S-248100
Sperling GP Ltd., Sperling Limited Partnership and 1112849 B.C. Ltd. entered protection under the Companies' Creditors Arrangement Act on November 28, 2024, when the Supreme Court of British Columbia granted an initial order in respect of the three related entities. The proceeding was assigned court file number S-248100. The matter is recorded as closed. Beyond the initial order that commenced the case, no further filings, hearings or orders are captured in the record for this proceeding, and no monitor's reporting is on file here.
12 earlier updates, back to 28 November 2024 — subscribers.
Debtor
Sperling GP Ltd., Sperling Limited Partnership and 1112849 B.C. Ltd.
Monitor
Deloitte
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| CreditorPeterson Investment (Spruceland) Ltd | Bennett Jones LLP | 30 Jun 2025 | Service list · 30 Jun 2025 |
| CreditorRBC | Gowling WLG (Canada) LLP | 30 Jun 2025 | Service list · 30 Jun 2025 |
| CreditorTelus Communications Inc | Bennett Jones LLP | 30 Jun 2025 | Service list · 30 Jun 2025 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Royal Bank of Canada (as administrative and collateral agent for a lending syndicate comprising RBC, The Toronto-Dominion Bank, Bank of Montreal, and Bank of Nova Scotia) · in 556 casesMortgage and assignment of rents dated Feb 24, 2022, registered at New Westminster LTO (CA9744633/CA9744634) in principal amount CAD$210,000,000 charging the Real Property; project-specific General Security Agreement dated Feb 24, 2022; Beneficial Mortgage and Authorization dated Feb 24, 2022; Swap Mortgage and assignment of rents dated Feb 24, 2022, registered CA9744635/CA9744636, in principal amount USD$2,000,000; Beneficial Swap Mortgage and Authorization — Amount is the stated 'Indebtedness' owed pursuant to the Credit Agreement as of Nov 21, 2024, plus continuing costs and interest. Deman · as of 21 Nov 2024 | $208M | Affidavit #1 of Cameron Bailey, December 3, 2024 |
Closed · the record states no distribution outcome.
7 engagements · 2 firms — latest: DLA Piper (Canada) LLP, to 6 Jun 2025Second Report of the Monitor, June 26, 2025 · 26 Jun 2025
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| DLA Piper (Canada) LLPCounsel to the monitor | to 6 Jun 2025 | ••• | ••• | not stated | Second Report of the Monitor, June 26, 2025 · 26 Jun 2025 |
| Deloitte Restructuring Inc.Monitorperiod 6 of 6 | 1 May – 6 Jun 2025 | ••• | ••• | •••2 people | Second Report of the Monitor, June 26, 2025 · 26 Jun 2025 |
| Deloitte Restructuring Inc.Monitorperiod 5 of 6 | 1 Mar – 30 Apr 2025 | ••• | ••• | •••2 people | Second Report of the Monitor, June 26, 2025 · 26 Jun 2025 |
| Deloitte Restructuring Inc.Monitorperiod 4 of 6 | 1 Feb – 28 Feb 2025 | ••• | ••• | •••2 people | Second Report of the Monitor, June 26, 2025 · 26 Jun 2025 |
| Deloitte Restructuring Inc.Monitorperiod 3 of 6 | 14 Dec 2024 – 31 Jan 2025 | ••• | ••• | •••3 people | Second Report of the Monitor, June 26, 2025 · 26 Jun 2025 |
| Deloitte Restructuring Inc.Monitorperiod 2 of 6 | 19 Nov – 13 Dec 2024 | ••• | ••• | •••6 people | Second Report of the Monitor, June 26, 2025 · 26 Jun 2025 |
| Deloitte Restructuring Inc.Monitorperiod 1 of 6 | Monitor's Fees | ••• | ••• | not stated | Second Report of the Monitor, June 26, 2025 · 26 Jun 2025 |
| Date | Document | File |
|---|---|---|
| CCAA Termination and Monitor Discharge Order, July 3, 2025 | PDF · Subscribers | |
| Notice of Application for July 3, 2025 Hearing | PDF · Subscribers | |
Service List, June 30, 2025
| PDF · Subscribers | |
Second Report of the Monitor, June 26, 2025
| PDF · Subscribers | |
| Affidavit #1 of Arad Mojtahedi, June 23, 2025 | PDF · Subscribers | |
| Requisition to Adjourn December 20, 2024 Hearing | PDF · Subscribers | |
Amended and Restated Initial Order, December 5, 2024
| PDF · Subscribers | |
First Report of the Monitor, December 4, 2024
| PDF · Subscribers | |
| Notice to Creditors of CCAA, December 4, 2024 | PDF · Subscribers | |
Affidavit #1 of Cameron Bailey, December 3, 2024
| PDF · Subscribers | |
| Affidavit #2 of Cameron Bailey, December 3, 2024 | PDF · Subscribers | |
Notice of Application for Amended and Restated Initial Order, November 29, 2024
| PDF · Subscribers | |
Initial Order, November 28, 2024
| PDF · Subscribers | |
| List of creditors, November 28, 2024 | PDF · Subscribers | |
| Petition to Court for Initial Order, November 22, 2024 | 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., “Sperling GP Ltd., Sperling Limited Partnership and 1112849 B.C. Ltd.” (CCAA), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/sperling-gp-ltd