Proceedings.

1000200839 Ontario Inc.

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Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended and section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43
File
CV-25-00034903-0000
Filings held11
Last activity19 Dec 2025
On the record504 days
Secured debtSubscribers
OverviewSummary updated

1000200839 Ontario Inc. has been under court-appointed receivership pursuant to BIA s. 243 since May 20, 2025, following demands issued in April 2025. Windsor Family Credit Union Limited, holding first-ranking charges of $4,482,800 against the Phase 1 Lots and $3,000,000 against the Phase 2 Lots plus a general security agreement, demanded $3,994,496.30 on Facility 1 and $2,925,972.07 on Facility 2 on April 23, 2025; a payout statement puts the combined balance at $7,341,166.40 as at October 3, 2025, and a security opinion confirms a valid and enforceable first mortgage. Trinity Woods Inc., holding a second vendor take-back mortgage over both phases, demanded $2,798,235.81 on April 15, 2025. The Receiver reports the Town of LaSalle's property tax arrears of approximately $15,849.50 as the only claim ranking ahead of WFCU.

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Case updates12 dated entries

9 earlier updates, back to 5 May 2025 subscribers.

Parties

Debtor

1000200839 Ontario Inc.

Applicant

Windsor Family Credit Union Limited

Receiver

TDB Restructuring

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredWindsor Family Credit Union Limited (WFCU) · in 2 casesFirst mortgages: Phase 1 Lots $4,482,800 (registered April 14, 2023, Instrument CE1130472); Phase 2 Lots $3,000,000 (registered August 24, 2023, Instrument CE1148582); General Security Agreement (first fixed and floating charge over Phase 1/2 assets); promissory notes matching facility principal amounts ($4,482,800 and $2,917,200); postponement/subordination of MCCCU's GSA in WFCU's favour. — Amount is per Payout Statement (Appendix 14) as of October 3, 2025, combining both facilities. Earlier demand letters dated April 23, 2025 stated separate balances: Facility 1 $3,994,496.30 ($3,979,575.62 · as of 3 Oct 2025$7.34MFirst Report of the Receiver dated November 28, 2025

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.

4 more claims across lower-ranking classes

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RecoveriesAs stated in the filings

Secured creditors: no distribution. WFCU short.EstimatedSupplementary Motion Record of the Receiver · 16 Dec 2025

ClassCreditorClaimsRecoveryBasisSource
SecuredSecond Mortgageeno distributionEstimatedper the receiverSupplementary Motion Record of the Receiver · 16 Dec 2025
SecuredWFCUshortfallEstimatedper the receiverSupplementary Motion Record of the Receiver · 16 Dec 2025

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.

Documents
11 filings
DateDocumentFile
Ancillary Order dated December 19, 2025PDF · Subscribers
Endorsement of Justice J. Bezaire dated December 19, 2025
  • Presiding officer Justice J. Bezaire
PDF · Subscribers
Supplement to the First Report of the Receiver dated December 16, 2025
PDF · Subscribers
Supplementary Motion Record of the Receiver dated December 16, 2025
  • Recovery outcome Entries: per estimated; per estimated · Stated on: 2025-12-16 · Table missing:
PDF · Subscribers
Factum of the Receiver dated December 5, 2025PDF · Subscribers
First Report of the Receiver dated November 28, 2025
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Motion Record of the Receiver dated November 28, 2025PDF · Subscribers
Appointment Order dated May 20, 2025
  • Applicant Windsor Family Credit Union Limited
  • Appointee TDB Restructuring Limited
  • Appointee role Receiver
  • Court SUPERIOR COURT OF JUSTICE
  • + 3 more extracted facts
PDF · Subscribers
Endorsement of the Honourable Justice Gorman dated May 20, 2025
  • Presiding officer Justice Gorman
PDF · Subscribers
Application Factum dated May 7, 2025PDF · Subscribers
Application Record dated May 7, 2025
  • Applicant WINDSOR FAMILY CREDIT UNION LIMITED
  • Appointee TDB Restructuring Limited
  • Appointee role Receiver
  • Commencement date 5 May 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., “1000200839 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/1000200839-ontario-inc

Sources last checked · summary updated 7 August 2026 · Report a correction · Printed from proceedings.ca/case/1000200839-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.