Bear Mountain businesses distance themselves from ongoing legal proceedings

Several businesses on businesses on Bear Mountain have distanced themselves from the legal fiasco between the owners of the resort community.

The legal proceedings involve Sanovest, Ecoasis Developments LLP and Ecoasis Resort and Golf LLP.

According to reports, Sanovest is a partner in the project and a secured creditor with approximately $62 million plus interest outstanding on the loan, as stated in a court filing.

One Bear Mountain and the Westin Bear Mountain Resort and Spa both released statements to assure locals they have nothing to do with either Ecoasis or Sanovest.

One Bear Mountain is a separate entity independently owned by 360Pacifica and Terracap while the Westin Bear Mountain is owned and operated by independently as an individually owned franchise of Westin. 

“Given similar naming of various developments and businesses within the region, we would appreciate your support in helping to minimize any confusion or repetitional damage,” said a spokesperson for the One Bear Mountain. 

In addition to this lawsuit, Langford had recently filed a civil claim in the BC Supreme Court against the owners of the Bear Mountain region over missed payments for a roadway which accesses the region from the Trans-Canada Highway.

The lawsuit arose because the region’s proprietors, Ecoasis Developments LLP and their partners Sanovest were supposed to pay an agreed upon amount to the City of Langford annually for the construction and upkeep of the Bear Mountain Parkway.

This roadway is an almost four kilometre roadway which was initially the only way in or out of the community Ecoasis constructed in the region.

According to the civil claim, Ecoasis is now on the hook for a total of $1,881,852, the initially agreed upon amount.

A payment plan was set out in which Ecoasis has paid nearly $400,000 of their owed debt, but since they missed their last payment date, Langford is going after the developer for the rest of the money owed plus interest and legal fees.

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Victoria Buzz reached out to Ecoasis for a statement on the lawsuit but as of this publication, they have not responded to the request. 

This latest debacle isn’t the first time Ecoasis has endured legal proceedings regarding Bear Mountain or the first time they’ve come under fire from the City of Langford.  

In 2023 the group made headlines for charging members of the public $45 per day to use the extensive trails on their land which connect to Mount Finlayson. 

Editor’s note: Victoria Buzz initially reported that the businesses had distanced themselves from the legal proceedings due to Langford’s lawsuit; however, this was incorrect, and the article has since been updated.