British Columbia · Receivership (court-appointed)
First Report of the Receiver
Court officer report · 5 June 2026
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 filing4 verified
- secured creditorsnote: Not a mortgage/loan security interest; litigation-based claim/encumbrance against title. · page: 6 · as of: August 29, 2023 · debtor: H&R Orchards Ltd. · creditor: Cherrycrest Inc. · currency: CAD · security: Certificate Pending Litigation No. CB857423 registered against a portion of the H&R Lands
- secured creditorsnote: Described as senior-secured/senior secured creditor of the Debtors; amount stated as 'approximately $27,229,824' (approximation per document); Receiver also borrowed $250,000 from FCC under a court-ordered priority charge (5% interest compounded semi-annually) - separate receiver's certificate financing, not part of the pre-filing Indebtedness. · page: 7 · as of: Receivership Date (April 14, 2026) · amount: 27229824 · debtor: Desert Valley Vineyard Ltd., Creston Valley Cherry Growers Ltd., H&R Orchards Ltd., Lakeside Cellars Ltd., Harbans Singh Dhaliwal, Harkesh Kaur Dhaliwal · creditor: Farm Credit Canada (FCC) · currency: CAD · security: H&R Mortgage (H&R Lands), Desert Valley Mortgage (Desert Valley Lands), Dhaliwal Mortgage (Dhaliwal Lands), and other security agreements
- sale advisorSotheby's International Realty Canada
- sale outcometext: Sales Process developed and to be conducted by the Receiver, not yet resulted in any accepted offer · scope: whole_business · status: process_approved