Proceedings.

1000038049 Ontario Inc. & 2504715 Ontario Inc.

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Active
Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
File
CV-25-00734605-00CL
Filings held6
Last activity17 Mar 2026
On the record586 days
Secured debtSubscribers
OverviewSummary updated

1000038049 Ontario Inc. and 2504715 Ontario Inc. have been in court-appointed receivership since February 12, 2025, when the Ontario Superior Court of Justice appointed Rosen Goldberg Inc. receiver and manager on the application of the Bank of Montreal under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. The bank's secured claim against 2504715 Ontario Inc. is $359,469, and the receiver has been advised that 2504715 Ontario Inc. has no creditors other than the Bank of Montreal. The proceeding is carried on court file CV-25-00734605-00CL and remains active.

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Case updates6 dated entries

3 earlier updates, back to 12 February 2025 subscribers.

Parties

Debtor

1000038049 Ontario Inc. & 2504715 Ontario Inc.

Receiver

Rosen Goldberg

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice KimmelOntario Superior Court of Justice1 order, Feb 2025182 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverRosen GoldbergChaitons LLP2 Feb 2026Factum · 2 Feb 2026
ApplicantBank of MontrealMiller Thomson LLP12 Feb 2025Order · 12 Feb 2025
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredBank of Montreal · in 279 casesdebtor: 2504715 Ontario Inc.$359KReceiver's initial report

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.

RecoveriesAs stated in the filings

Bank of Montreal: shortfall.EstimatedMotion Record of Receiver-Part 1 · 9 Mar 2026

ClassCreditorClaimsRecoveryBasisSource
SecuredBMOBank of MontrealshortfallEstimatedper the receiverMotion Record of Receiver-Part 1 · 9 Mar 2026

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

Fees and ratesAs stated in the filings

5 engagements · 2 firmslatest: Rosen Goldberg Inc., 13 Jan 2025 – 3 Mar 2026Motion Record of Receiver-Part 2 · 17 Mar 2026

FirmPeriodHoursFeesRatesSource
Chaitons LLPCounsel to the receiverperiod 4 of 4to 28 Feb 2026•••••••••6 peopleMotion Record of Receiver-Part 2 · 17 Mar 2026
Chaitons LLPCounsel to the receiverperiod 3 of 4to 28 Jan 2026•••••••••3 peopleMotion Record of Receiver-Part 2 · 17 Mar 2026
Chaitons LLPCounsel to the receiverperiod 2 of 4to 31 May 2025•••••••••5 peopleMotion Record of Receiver-Part 2 · 17 Mar 2026
Chaitons LLPCounsel to the receiverperiod 1 of 4•••••••••11 peopleMotion Record of Receiver-Part 2 · 17 Mar 2026
Rosen Goldberg Inc.Receiver13 Jan 2025 – 3 Mar 2026••••••2 peopleMotion Record of Receiver-Part 2 · 17 Mar 2026

120 stated figures across 5 engagements, each sourced

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Documents6 filings
DateDocumentFile
Motion Record of Receiver-Part 1
  • Applicant BANK OF MONTREAL
  • Appointee Rosen Goldberg Inc.
  • Appointee role Court-Appointed Receiver
  • Court SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • + 2 more extracted facts
PDF · Subscribers
Motion Record of Receiver-Part 2
PDF · Subscribers
Factum
  • Counsel Chaitons LLP
PDF · Subscribers
Receiver's initial report
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Application record
  • Applicant BANK OF MONTREAL
  • Commencement date 10 January 2025
  • Court ONTARIO SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • Court file no CV-25-00734605-00CL
  • + 1 more extracted fact
PDF · Subscribers
Court Order appointing Receiver
  • Applicant BANK OF MONTREAL
  • Appointee Rosen Goldberg Inc.
  • Appointee role receiver and manager
  • Commencement date 12 February 2025
  • + 5 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., “1000038049 Ontario Inc. & 2504715 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/1000038049-ontario-inc-2504715-ontario-inc

Sources last checked · summary updated 1 September 2026 · Report a correction · Printed from proceedings.ca/case/1000038049-ontario-inc-2504715-ontario-inc

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.