Proceedings.

1000599184 Ontario Inc.

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Proceeding
Receivership (court-appointed)Section 243 of the Bankruptcy and Insolvency Act R.S.C. 1985 c. B-3, as amended, and under section 101 of the Courts of Justice Act, R.S.O. 1990, c. C. 43
File
CV-25-00002630-0000
Industry
Real estate
Filings held3
Last activity27 Oct 2026
On the record457 days
Secured debtSubscribers
OverviewSummary updated

1000599184 Ontario Inc. is in insolvency proceedings in the Ontario Superior Court of Justice, commenced August 5, 2025, on the application of Business Development Bank of Canada, in court file CV-25-00002630-0000. The Fuller Landau Group Inc. acts as receiver and manager of the company. An interim order was granted the day the proceeding began, and the file is carried in Ontario.

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Case updates3 dated entries
#Order

The court appointed The Fuller Landau Group Inc. as receiver and manager, on the application of Business Development Bank of Canada. Court file CV-25-00002630-0000.

Source: Appointment Order- AUG 5 2025

Filing brief

2868 Bovaird Drive: a Brampton truck yard, an as-is sale and a redacted price

Fuller Landau, receiver of 1000599184 Ontario Inc., will ask the court in Brampton on November 13 to approve an as-is sale of 2868 and 2870 Bovaird Drive West to MKSM Holdings Inc., keep the price sealed until closing, and pay the net proceeds to BDC up to its accepted claim of $9,571,905.61.

Parties

Debtor

1000599184 Ontario Inc.

Receiver

Fuller Landau

Bench and counselPer the orders and service lists on the record

Counsel of record

PartyCounselFirst seenSource
ApplicantBlaney McMurtry LLP5 Aug 2025Order · 5 Aug 2025
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredBusiness Development Bank of Canada (BDC) · in 251 casesFirst-ranking charge/mortgage registered Aug 22, 2023 as PR4240120 on both Bovaird properties (registered principal $7,500,000 — a registration amount, not the balance); General Assignment of Rents PR4240131; General Security Agreement dated Aug 21, 2023 (PPSA registered). Credit Agreement: letter of offer Aug 9, 2023 (original loan principal $7,500,000), amended July 9, 2024. — Amount is the BDC Claim accepted by the Receiver per BDC payout statement as at Oct 23, 2026. Receiver's counsel (TGF) opined BDC's security is valid and enforceable, first-ranking, subject to customary qualifications, · as of 23 Oct 2026$9.57MMotion Record - Receiver - The Fuller Landau Group Inc. - 27-OCT-2026
4Secured
4Secured
4Secured
8Unsecured

4 more claims in 2 classes The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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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

Unsecured creditors: no distribution.EstimatedMotion Record - Receiver - The Fuller Landau Group Inc. - 27-OCT-2026 · 27 Oct 2026

ClassCreditorClaimsRecoveryBasisSource
SecuredBDC, first-ranking mortgageeBusiness Development Bank of CanadashortfallEstimatedper the receiverMotion Record - Receiver - The Fuller Landau Group Inc. - 27-OCT-2026 · 27 Oct 2026
Unsecuredsubordinate secured or unsecured creditors—no distributionEstimatedper the receiverMotion Record - Receiver - The Fuller Landau Group Inc. - 27-OCT-2026 · 27 Oct 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.

1 blurred figure above

The claims and what each class or creditor recovers — each as the filing states it, with its source.

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Documents3 filings
DateDocumentFile
Motion Record - Receiver - The Fuller Landau Group Inc. - 27-OCT-2026
  • Applicant BUSINESS DEVELOPMENT BANK OF CANADA
  • Appointee The Fuller Landau Group Inc.
  • Appointee role receiver and manager
  • Commencement date 5 August 2025
  • + 8 more extracted facts
PDF · Subscribers
245 and 246 Report.Aug 18 2025
  • Appointee The Fuller Landau Group Inc.
  • Appointee role receiver
  • Commencement date 5 August 2025
  • Court file no CV-25-00002630-0000
  • + 4 more extracted facts
PDF · Subscribers
Appointment Order- AUG 5 2025
  • Applicant Business Development Bank of Canada
  • Appointee The Fuller Landau Group Inc.
  • Appointee role receiver and manager
  • Commencement date 5 August 2025
  • + 6 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., “1000599184 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 5 November 2026, https://proceedings.ca/case/1000599184-ontario-inc

Sources last checked · summary updated 22 August 2026 · Report a correction · Printed from proceedings.ca/case/1000599184-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.