Proceedings.

Virgin Law Corporation

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Active
Proceeding
Receivership (court-appointed)Section 243(1) of the Bankruptcy and Insolvency Act and Section 39 of the Law and Equity Act
File
S-254500
Filings held2
Last activity27 Jun 2025
On the record451 days
Secured debtSubscribers
OverviewSummary updated

Virgin Law Corporation has been under court-appointed receivership since June 27, 2025, when the Supreme Court of British Columbia granted a receivership order under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The proceeding is carried under court file number S-254500 and remains active. Beyond the appointment itself, no further steps have been entered on this record: no receiver's reports, sale process, claims procedure or hearing dates are recorded. This page will be updated as material filings are read into the record.

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Case updates2 dated entries
#Order

Placed Virgin Law Corporation into court-appointed receivership by order of the Supreme Court of British Columbia, commencing the proceeding under court file S-254500.

Source: Receivership Order

Parties

Debtor

Virgin Law Corporation

Receiver

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredRoyal Bank of Canada · in 556 casesGeneral security agreement over computer equipment — Estimated claim as reported in Form 87. RBC is also listed in Schedule B (unsecured creditors list) with a nominal $1 amount, likely a placeholder/clerical entry distinct from this secured claim. — debtor: Virgin Law Corporation$1.91MNotice and Statement of the Receiver

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.

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Documents2 filings
DateDocumentFile
Notice and Statement of the Receiver
  • Commencement date 27 June 2025
  • Court file no S-254500
  • Financial position · Secured creditors Subscribers
  • + 1 more extracted fact
PDF · Subscribers
Receivership Order
  • Applicant Royal Bank of Canada
  • Appointee MNP Ltd.
  • Appointee role Receiver and Manager
  • Commencement date 27 June 2025
  • + 7 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., “Virgin Law Corporation” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/virgin-law-corporation-receivership

Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/virgin-law-corporation-receivership

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.