British Columbia · Receivership (court-appointed)
Notice and Statement of the Receiver dated December 29, 2025
Notice to creditors · 29 December 2025
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing16 verified
- appointeeGrant Thornton Limited
- appointee roleReceiver
- commencement date12 December 2025
- courtSupreme Court of British Columbia
- court file noVLC-S-S-251691
- statutory basisSection 245(1) and 246(1) of the Bankruptcy and Insolvency Act
- secured creditorsnote: Estimated claim per Receiver's Exhibit A 'List of Creditors'; RBC's status as secured creditor is inferred from its role as applicant for the s.243(1) BIA receivership order (p.4), not from a security description in the exhibit itself · page: 3 · as of: 2025-12-29 · amount: 4190866.43 · debtor: Charlie Bear Ventures Ltd., Fraser Heights Liquor Store Inc., and Clover Crossing Holdings Ltd. · creditor: Royal Bank of Canada · currency: CAD · security: Not itemized in these pages; RBC is the plaintiff/applicant that obtained the receivership order under s.243(1) BIA and s.39 LEA, appointing the Receiver over all assets, undertakings and property of the Debtor — a remedy available only to a secured creditor
- unsecured creditorsnote: Deemed-trust class claim (CRA) · page: 3 · as of: 2025-12-29 · basis: Estimated Claim listed in Receiver's Exhibit A 'List of Creditors' (compiled from information available to the Receiver, without audit) · amount: 284478.57 · debtor: Charlie Bear Ventures Ltd., Fraser Heights Liquor Store Inc., and Clover Crossing Holdings Ltd. · creditor: Canada Revenue Agency · currency: CAD
- unsecured creditorsnote: Individual creditor (surname matches common director Breana Paulson); $1.00 appears to be a nominal/placeholder amount; possible related party · page: 3 · as of: 2025-12-29 · basis: Estimated Claim listed in Receiver's Exhibit A 'List of Creditors' (compiled from information available to the Receiver, without audit) · amount: 1 · debtor: Charlie Bear Ventures Ltd., Fraser Heights Liquor Store Inc., and Clover Crossing Holdings Ltd. · creditor: Paulson, Belinda · currency: CAD
- unsecured creditorsnote: Individual creditor; $1.00 appears to be a nominal/placeholder amount; role/relationship to Debtor not stated · page: 3 · as of: 2025-12-29 · basis: Estimated Claim listed in Receiver's Exhibit A 'List of Creditors' (compiled from information available to the Receiver, without audit) · amount: 1 · debtor: Charlie Bear Ventures Ltd., Fraser Heights Liquor Store Inc., and Clover Crossing Holdings Ltd. · creditor: Tao, Chen Liang · currency: CAD
- unsecured creditorsnote: $1.00 appears to be a nominal/placeholder amount; relationship to Debtor not stated · page: 3 · as of: 2025-12-29 · basis: Estimated Claim listed in Receiver's Exhibit A 'List of Creditors' (compiled from information available to the Receiver, without audit) · amount: 1 · debtor: Charlie Bear Ventures Ltd., Fraser Heights Liquor Store Inc., and Clover Crossing Holdings Ltd. · creditor: Matador Holdings Ltd. · currency: CAD
- unsecured creditorsnote: Individual creditor (surname matches co-director Breana Paulson/Harding); $1.00 appears to be a nominal/placeholder amount; possible related party · page: 3 · as of: 2025-12-29 · basis: Estimated Claim listed in Receiver's Exhibit A 'List of Creditors' (compiled from information available to the Receiver, without audit) · amount: 1 · debtor: Charlie Bear Ventures Ltd., Fraser Heights Liquor Store Inc., and Clover Crossing Holdings Ltd. · creditor: Harding, Brandon James · currency: CAD
- unsecured creditorsnote: Individual creditor; $1.00 appears to be a nominal/placeholder amount; role/relationship to Debtor not stated · page: 3 · as of: 2025-12-29 · basis: Estimated Claim listed in Receiver's Exhibit A 'List of Creditors' (compiled from information available to the Receiver, without audit) · amount: 1 · debtor: Charlie Bear Ventures Ltd., Fraser Heights Liquor Store Inc., and Clover Crossing Holdings Ltd. · creditor: Chow, Jae Wan · currency: CAD
- unsecured creditorsnote: Individual creditor; $1.00 appears to be a nominal/placeholder amount; role/relationship to Debtor not stated · page: 3 · as of: 2025-12-29 · basis: Estimated Claim listed in Receiver's Exhibit A 'List of Creditors' (compiled from information available to the Receiver, without audit) · amount: 1 · debtor: Charlie Bear Ventures Ltd., Fraser Heights Liquor Store Inc., and Clover Crossing Holdings Ltd. · creditor: Chen, Christina YC · currency: CAD
- unsecured creditorsnote: No security described in the exhibit; $1.00 appears to be a nominal/placeholder amount pending confirmation of actual claim · page: 3 · as of: 2025-12-29 · basis: Estimated Claim listed in Receiver's Exhibit A 'List of Creditors' (compiled from information available to the Receiver, without audit) · amount: 1 · debtor: Charlie Bear Ventures Ltd., Fraser Heights Liquor Store Inc., and Clover Crossing Holdings Ltd. · creditor: Canadian Western Bank · currency: CAD
- unsecured creditorsnote: Regulatory (WorkSafeBC) claim; $1.00 appears to be a nominal/placeholder amount pending confirmation of actual claim · page: 3 · as of: 2025-12-29 · basis: Estimated Claim listed in Receiver's Exhibit A 'List of Creditors' (compiled from information available to the Receiver, without audit) · amount: 1 · debtor: Charlie Bear Ventures Ltd., Fraser Heights Liquor Store Inc., and Clover Crossing Holdings Ltd. · creditor: WorkSafeBC · currency: CAD