Proceedings.

1000428938 Ontario Inc.

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Closed
Proceeding
Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
File
CV-24-5473-0000
Filings held13
Last activity9 Dec 2025
On the record622 days
Secured debt$9.42M
OverviewSummary updated

1000428938 Ontario Inc. is the subject of a court-appointed receivership commenced in the Ontario Superior Court of Justice on January 7, 2025, when the receivership application was filed under court file number CV-24-5473-0000. The proceeding rests on section 243 of the Bankruptcy and Insolvency Act together with provincial Judicature Act jurisdiction. The record for this Ontario matter carries no further dated milestones beyond that filing, and no judicial centre is identified. The file is recorded as closed.

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Case updates13 dated entries
#Filing

Receivership application filed in the Ontario Superior Court of Justice under file CV-24-5473-0000, commencing the proceeding against 1000428938 Ontario Inc.

Source: Application Record dated

Parties

Debtor

1000428938 Ontario Inc.

Receiver

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · 1 named without a figure
Priority classCreditorAmountSource
SecuredMatrix Group Assurance Corp.Registered security interest on the Property (5130 Countryside Drive, Brampton, ON) — Amount per Receiver's Schedule A; Receiver states it has not audited or verified this information — debtor: 1000428938 Ontario Inc.$9.42MNotice and Statement of Receiver dated
Secured2689918 Ontario Inc. / 13723011 Canada Inc. / 1000158298 Ontario Inc.Registered security interest on the Property (5130 Countryside Drive, Brampton, ON) — Three related entities listed together as a single registered secured creditor in Schedule A; unaudited/unverified figure — debtor: 1000428938 Ontario Inc.$3MNotice and Statement of Receiver dated
Secured2806417 Ontario Inc. · in 2 casesRegistered security interest on the Property (5130 Countryside Drive, Brampton, ON) — Unaudited/unverified figure per Receiver's Schedule A — debtor: 1000428938 Ontario Inc.$1.1MNotice and Statement of Receiver dated
SecuredCity of Brampton · in 3 casesRegistered security interest on the Property (municipal tax arrears) — Amount of claim listed as 'Unknown' in Schedule A; document total ($13,521,995) does not include a quantified figure for this creditor — debtor: 1000428938 Ontario Inc.Notice and Statement of Receiver dated

“not stated” means the record names the claim without a figure; “” means not in the extracted record.

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

Closed · the record states no distribution outcome.

Fees and ratesAs stated in the filings

2 engagements · 1 firmlatest: MNP Ltd., to 30 Sep 2025, $16,093.00 in feesMotion Record · 9 Dec 2025

FirmPeriodHoursFeesRatesSource
MNP Ltd.Receiverperiod 2 of 2to 30 Sep 202523.65$16,093.00$680.46stated averageMotion Record · 9 Dec 2025
5 peopleMNP Ltd., to 30 Sep 2025
NameTitleHoursRateFees
Sheldon TitleSenior Vice President16$780stated average$12,480.00
Anny JoshuaSenior Manager2$640stated average$1,280.00
Cory KatzmanSenior Consultant3.85$446stated average$1,717.10
Chahna NathwaniConsultant1$385.50stated average$385.50
Reina PatelAdministrative Office Lead0.8$288stated average$230.40
TOTAL23.65$16,093.00
MNP Ltd.Receiverperiod 1 of 22 Jan – 15 May 2025Sought31.1$22,851.00$378 – $7803 peopleSupplement to the First Report of MNP Ltd. · 26 May 2025
3 peopleMNP Ltd., 2 Jan – 15 May 2025
NameTitleHoursRateFees
Deborah HornbostelSenior Vice President0.7$780$546.00
Sheldon TitleSenior Vice President26.9$780$20,982.00
Chahna NathwaniConsultant3.5$378$1,323.00
TOTAL31.1$22,851.00

Top rate $780 · 50th percentile of receiver rates, 2025 · of 49

Documents
13 filings
DateDocumentFile
Approval and Vesting Order
  • Presiding officer Justice M.T. Doi
PDF
Factum of the Receiver - Returnable December 9, 2025PDF
Final Administrative and Discharge Order
  • Presiding officer Justice M.T. Doi
PDF
Motion Record - Returnable December 9, 2025
  • Fee schedule Engagements: Form: time_summary · Rows: Anny Joshua; Chahna Nathwani; Cory Katzman; Sheldon Title; Fees: 16093 · Hours: 23.65 · Quote: TOTAL | | 23.65 | 16,093.00 · Row kind: subtotal · Rate kind: standard · Name as stated: TOTAL; Reina Patel · Money: Fees: $16.1K · Quote: TOTAL | | 23.65 | 16,093.00 · Approximate: false · Period: End: 2025-09-30 · Kind: invoice · Quote: up to September 30, 2025 · Approval: State: unstated · Averages: — · Currency: · Invoices: · Firm text: MNP Ltd. · Firm quote: MNP Ltd., in its capacity as court-appointed receiver (the ' Receiver ') of certain assets of the respondent 1000428938 Ontario Inc. · Hours total: Quote: This represents a total of 23.65 hours at an average rate of $680.46 per hour. · Value: 23.65 · Context quote: MNP Ltd., in its capacity as court-appointed receiver (the ' Receiver ') of certain assets of the respondent 1000428938 Ontario Inc.
PDF
Administrative Order
  • Presiding officer Justice Baltman
PDF
Marketing and Sale Process Order
  • Presiding officer Justice Baltman
PDF
Supplement to the First Report of MNP Ltd.
  • Fee schedule Engagements: Form: time_summary · Rows: Chahna Nathwani; Deborah Hornbostel; Sheldon Title; Fees: 22851 · Hours: 31.1 · Quote: TOTAL | | 31.1 | 22,851.00 · Row kind: subtotal · Rate kind: standard · Name as stated: TOTAL · Money: Fees: $22.9K · Quote: fees of $22,851.00 exclusive of HST were incurred by MNP · Total: $22.9K · Quote: TOTAL | | 31.1 | 22,851.00 · Approximate: false · Period: End: 2025-05-15 · Kind: invoice · Quote: fees of $22,851.00 exclusive of HST were incurred by MNP at its standard rates in effect during the period January 2, 2025 to May 15, 2025 · Start: 2025-01-02 · Approval: Quote: submit information to the Court and request an order approving the fees and disbursements of the Receiver and the Receiver's counsel · State: sought · Averages: — · Currency: · Invoices: · Firm text: MNP Ltd. · Firm quote: SUPPLEMENT TO THE FIRST REPORT OF MNP LTD. AS RECEIVER OF CERTAIN ASSETS, UNDERTAKINGS AND PROPERTIES OF 1000428938 ONTARIO INC. · Hours total: Quote: TOTAL | | 31.1 | 22,851.00 · Value: 31.1 · Context quote: the Court Appointed Receiver of certain assets, undertakings and properties of 1000428938 Ontario
PDF
Motion RecordPDF
Notice and Statement of Receiver dated
  • Secured creditors $3M · Note: Three related entities listed together as a single registered secured creditor in Schedule A; unaudited/unverified figure · Page: 3 · Debtor: 1000428938 Ontario Inc. · Creditor: 2689918 Ontario Inc. / 13723011 Canada Inc. / 1000158298 Ontario Inc. · Security: Registered security interest on the Property (5130 Countryside Drive, Brampton, ON)
PDF
Appointment Order of Honourable Justice Fowler Byrne dated
  • Presiding officer Justice Fowler
PDF
Supplementary Application Record datedPDF
Applicant's Factum datedPDF
Application Record dated
  • Commencement date 7 January 2025
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no CV-24-5473-0000
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “1000428938 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/1000428938-ontario-inc

Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/1000428938-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.