111 Sherwood Investments Inc.
- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
- Court
- Ontario Superior Court of Justice · Commercial List
- File
- CV-23-00699908-00CL
- Industry
- Real estate · Rental & income property
111 Sherwood Investments Inc. was placed in court-appointed receivership by order of the Ontario Superior Court of Justice on Friday, April 19, 2024, under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The proceeding is carried on Court File No. CV-23-00699908-00CL in Ontario. The receivership order is the only step captured on this record, and the file is recorded as closed. No subsequent orders, reports or hearing dates form part of the record for this matter.
Motion Record of the Receiver dated January 21, 2025 - Part 1 of 2 — Application / notice of application
Motion Record of the Receiver dated January 21, 2025 - Part 2 of 2 — Application / notice of application
Order made Friday, April 19, 2024 placing 111 Sherwood Investments Inc. into court-appointed receivership, commencing the Ontario proceeding under Court File No. CV-23-00699908-00CL.
Debtor
111 Sherwood Investments Inc.
Receiver
KSV
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Dietrich | Ontario Superior Court of Justice | 3 orders, Jan 2025 | 132 cases on record |
| Justice Kimmel | Ontario Superior Court of Justice | 2 orders, Jun 2024 | 198 cases on record |
| Justice Osborne | Ontario Superior Court of Justice | 2 orders, Apr 2024 | 168 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverKSV | Bennett Jones LLP | 29 May 2024 | Factum · 29 May 2024 |
| Applicant | Dickinson Wright LLP | 19 Apr 2024 | Order · 19 Apr 2024 |
| Debtor111 Sherwood Investments Inc. | Scarfone Hawkins LLP | 20 Jan 2024 | Application · 21 Jan 2025 |
| CreditorCordage Lofts Inc | Miller Thomson LLP | 20 Jan 2024 | Service list · 20 Jan 2024 |
| CreditorDavid P. Preger | Dickinson Wright LLP | 20 Jan 2024 | Service list · 20 Jan 2024 |
| CreditorMon Bijou Bride ULC | Boddy Ryerson LLP | 20 Jan 2024 | Service list · 20 Jan 2024 |
| CreditorOlympia Trust Company | SimpsonWigle LAW LLP | 20 Jan 2024 | Service list · 20 Jan 2024 |
| CreditorSam Dukesz | Stikeman Elliott LLP | 20 Jan 2024 | Service list · 20 Jan 2024 |
| CreditorSean Zweig | Bennett Jones LLP | 20 Jan 2024 | Service list · 20 Jan 2024 |
| CreditorWest Brant Center Inc | Waterous Holden Amey Hitchon LLP | 20 Jan 2024 | Service list · 20 Jan 2024 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | NHE Capital Corp.First Charge registered March 24, 2022 against the Real Property securing principal of $14,400,000 (loan amount plus 20% cushion, not the balance); General Security Agreement (GSA) over present and after-acquired personal property relating to the Real Property, registered under PPSA March 24, 2022; general assignment of leases and rents registered March 24, 2022 — Underlying Loan principal advanced was $12,000,000; written demand made April 19, 2023 for $12,115,693.83 together with issuance of NOI under s.244 BIA; both First Charge and GSA contain contractual receivership rights on default — d · as of 19 Apr 2023 | $12.1M | Application Record dated May 24, 2023 |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured |
6 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansThis 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.
Unsecured creditors: no distribution.EstimatedSecond Report of the Receiver · 21 Jan 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | other creditors of the Company | — | no distribution | Estimatedper the receiver | Second Report of the Receiver · 21 Jan 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.
7 engagements · 2 firms — latest: KSV Restructuring Inc., to 31 Dec 2024, in feesSecond Report of the Receiver · 21 Jan 2025
| Firm | Period | Hours | Fees | Rates | Source | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bennett Jones LLPCounsel to the receiver | — | — | — | Motion Record of the Receiver dated January 21, 2025 - Part 1 of 2 · 21 Jan 2025 | ||||||||||||||||||||||||||||||||||||
| KSV Restructuring Inc.Receiverperiod 6 of 6 | to 31 Dec 2024 | 3 people | Second Report of the Receiver · 21 Jan 2025 | |||||||||||||||||||||||||||||||||||||
3 people — KSV Restructuring Inc., to 31 Dec 2024 · 16 blurred figures
| ||||||||||||||||||||||||||||||||||||||||
| KSV Restructuring Inc.Receiverperiod 5 of 6 | to 30 Nov 2024 | 2 people | Motion Record of the Receiver dated January 21, 2025 - Part 1 of 2 · 21 Jan 2025 | |||||||||||||||||||||||||||||||||||||
2 people — KSV Restructuring Inc., to 30 Nov 2024 · 8 blurred figures
| ||||||||||||||||||||||||||||||||||||||||
| KSV Restructuring Inc.Receiverperiod 4 of 6 | to 31 Oct 2024 | 2 people | Motion Record of the Receiver dated January 21, 2025 - Part 1 of 2 · 21 Jan 2025 | |||||||||||||||||||||||||||||||||||||
2 people — KSV Restructuring Inc., to 31 Oct 2024 · 8 blurred figures
| ||||||||||||||||||||||||||||||||||||||||
| KSV Restructuring Inc.Receiverperiod 3 of 6 | 1 Aug – 30 Sep 2024 | 3 people | Motion Record of the Receiver dated January 21, 2025 - Part 1 of 2 · 21 Jan 2025 | |||||||||||||||||||||||||||||||||||||
3 people — KSV Restructuring Inc., 1 Aug – 30 Sep 2024 · 11 blurred figures
| ||||||||||||||||||||||||||||||||||||||||
| KSV Restructuring Inc.Receiverperiod 2 of 6 | to 31 Jul 2024 | 3 people | Motion Record of the Receiver dated January 21, 2025 - Part 1 of 2 · 21 Jan 2025 | |||||||||||||||||||||||||||||||||||||
3 people — KSV Restructuring Inc., to 31 Jul 2024 · 11 blurred figures
| ||||||||||||||||||||||||||||||||||||||||
| KSV Restructuring Inc.Receiverperiod 1 of 6 | — | 3 people | Motion Record of the Receiver dated January 21, 2025 - Part 1 of 2 · 21 Jan 2025 | |||||||||||||||||||||||||||||||||||||
3 people — KSV Restructuring Inc. · 12 blurred figures
| ||||||||||||||||||||||||||||||||||||||||
85 blurred figures above
What each firm billed, and each person’s hours and rate — each as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
| Discharge Certificate dated January 22, 2026 | PDF · Subscribers | |
| Receiver's Certificate dated March 10, 2025 | PDF · Subscribers | |
Ancillary Order dated January 30, 2025
| PDF · Subscribers | |
Approval and Vesting Order dated January 30, 2025
| PDF · Subscribers | |
Endorsement of Justice J. Dietrich dated January, 30 2025
| PDF · Subscribers | |
Factum of the Receiver dated January 30, 2025
| PDF · Subscribers | |
Motion Record of the Receiver dated January 21, 2025 - Part 1 of 2
| PDF · Subscribers | |
Motion Record of the Receiver dated January 21, 2025 - Part 2 of 2
| PDF · Subscribers | |
Second Report of the Receiver dated January 21, 2025
| PDF · Subscribers | |
Endorsement of Justice Kimmel dated June 3, 2024
| PDF · Subscribers | |
Sales Process Approval Order dated June 3, 2024
| PDF · Subscribers | |
Factum of the Receiver dated May 29, 2024
| PDF · Subscribers | |
First Report of the Receiver dated May 28, 2024
| PDF · Subscribers | |
| Motion Record of the Receiver dated May 28, 2024 | PDF · Subscribers | |
Endorsement of Justice Osborne dated April 19, 2024
| PDF · Subscribers | |
Receivership Order dated April 19, 2024
| PDF · Subscribers | |
| Fresh as Amended Factum of the Applicant dated April 17, 2024 | PDF · Subscribers | |
| Supplementary Application Record dated April 15, 2024 | PDF · Subscribers | |
Service List dated January 20, 2024
| PDF · Subscribers | |
Application Record dated May 24, 2023
| 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., “111 Sherwood Investments Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 4 November 2026, https://proceedings.ca/case/111-sherwood-investments-inc