1175648 Ontario Limited
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- File
- CV-24-00004738-0000
- Industry
- Transportation & logistics
1175648 Ontario Limited is the subject of an active court-appointed receivership before the Ontario Superior Court of Justice (In Bankruptcy and Insolvency), brought under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority, under court file number CV-24-00004738-0000. No dated steps in the proceeding have been recorded on this page.
Amended Notice of Motion of the Receiver dated March 23, 2026 — Application / notice of application
Book of Authorities of the Receiver dated March 18, 2026 — Application / notice of application
The court granted an approval and vesting order for the sale to the Debtor's right, title and interest in and to the Property purchased by such respective Purchaser at the Auction. Closing terms, as extracted: Vesting occurs upon Auctioneer completing a sale, receipt of purchase price, and delivery of a Purchaser's Bill of Sale.
Source: Approval and Vesting Order of the Honourable Justice Trimble dated May 27, 2025
Debtor
1175648 Ontario Limited
Receiver
msi Spergel inc.
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Trimble | Ontario Superior Court of Justice | 3 orders, May 2025 | 8 cases on record |
| Justice Andre | Ontario Superior Court of Justice | 2 orders, Nov 2024 | 4 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Receivermsi Spergel inc. | Harrison Pensa LLP | 27 May 2025 | Factum · 18 Mar 2026 |
| CreditorRoyal Bank of Canada | Aird & Berlis LLP | 17 Oct 2024 | Application · 17 Oct 2024 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Royal Bank of Canada · in 584 casesGeneral Security Agreement dated November 24, 2022 over all personal property, assets and undertakings of the Debtor — Figure is from RBC's Notice of Intention to Enforce Security (BIA s.244(1)) and is stated to include the revolving demand facility, two VISA credit card facilities, lease arrangements with RBC, and HST. Earlier July 24, 2024 demand letter stated $2,736,460.38 (Revolving Demand Facility $2,509,052.99, credit card ending 0247 $196,504.57, credit card ending 4647 $30,902.82, less per diem credit). September 18, 2024 update (excluding lease/HST) stated: Revolving demand facility $ · as of 16 Sep 2024 | $5.31M | Application Record dated October 17, 2024 - Part 3 |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 5 | PMSI / lessors |
5 more claims in 2 classes The stack holds Secured and PMSI / lessors claims.
Every creditor and every amount.
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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.
Sale approved — Auction approved and Receiver authorized to execute the Auction AgreementApproval and Vesting Order of the Honourable Justice Trimble dated May… · 27 May 2025
| Purchaser | Price | Status | Source |
|---|---|---|---|
| end purchasers at auction, unnamedthe Debtor's right, title and interest in and to the Property purchased by such respective Purchaser at the Auction · auction | Subscribers | Approved27 May 2025 | Approval and Vesting Order of the Honourable… |
| Date | Document | File |
|---|---|---|
Book of Authorities of the Receiver dated May 21, 2026
| PDF · Subscribers | |
Factum of the Receiver dated May 21, 2026
| PDF · Subscribers | |
Amended Notice of Motion of the Receiver dated March 23, 2026
| PDF · Subscribers | |
| Motion Record of the Receiver dated March 20, 2026 | PDF · Subscribers | |
Book of Authorities of the Receiver dated March 18, 2026
| PDF · Subscribers | |
Factum of the Receiver dated March 18, 2026
| PDF · Subscribers | |
Ancillary Order of the Honourable Justice Trimble dated May 27, 2025
| PDF · Subscribers | |
Approval and Vesting Order of the Honourable Justice Trimble dated May 27, 2025
| PDF · Subscribers | |
Endorsement of the Honourable Justice Trimble dated May 27, 2025
| PDF · Subscribers | |
Motion Record of the Receiver dated April 16, 2025
| PDF · Subscribers | |
Endorsement of the Honorable Justice Andre dated November 15, 2024
| PDF · Subscribers | |
Receivership Order dated November 15, 2024
| PDF · Subscribers | |
Factum of Royal Bank of Canada dated November 5, 2024
| PDF · Subscribers | |
| Application Record dated October 17, 2024 - Part 1 | PDF · Subscribers | |
Application Record dated October 17, 2024 - Part 2
| PDF · Subscribers | |
Application Record dated October 17, 2024 - Part 3
| 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., “1175648 Ontario Limited” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/1175648-ontario-limited