12411300 Canada Inc.

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Proceeding: Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended (the "BIA") and section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended (the "CJA")
Court: Ontario Superior Court of Justice
File: CV-26-00003611-0000

Filings held3

Last activity24 Jul 2026

On the record59 days

OverviewSummary updated 22 August 2026

12411300 Canada Inc. is in insolvency proceedings in the Ontario Superior Court of Justice, commenced July 24, 2026, on the application of Royal Bank of Canada, in court file CV-26-00003611-0000. The Fuller Landau Group Inc. acts as receiver. Royal Bank asserts secured indebtedness of $4,185,760.12, comprising mortgage term loan principal and interest of $4,017,248.90 and a prepayment fee of $168,511.22, as stated in its demand letter of March 13, 2026.

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Case updates3 dated entries

24 Jul 2026

#Order

Endorsement of The Honourable Mr. Justice M. T. Doi - Applicant - Royal Bank of Canada was filed. Court file CV-26-00003611-0000.

Source: Endorsement of The Honourable Mr. Justice M. T. Doi - Applicant - Royal Bank of Canada

24 Jul 2026

#Order

The court appointed The Fuller Landau Group Inc. as receiver, on the application of Royal Bank of Canada. Court file CV-26-00003611-0000.

Source: Order of The Honourable Mr. Justice M. T. Doi

24 Jul 2026

#Filing

Application Record - Applicant - Royal Bank of Canada — Application / notice of application

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Parties

Debtor

12411300 Canada Inc.

Receiver

Fuller Landau

Capital structureAs asserted in the filings

Priority class	Creditor	Amount	Source
Secured	Royal Bank of Canada · in 556 casesCharge/mortgage over Real Property (PIN 14027-0087 (LT)), Site Specific Security Agreement, General Assignment of Rents, plus Guarantee of Charge from Volodymyr Burko — Amount comprises mortgage term loan principal and interest ($4,017,248.90) plus Prepayment Fee ($168,511.22) as stated in demand letter dated March 13, 2026, addressed to guarantor Volodymyr Burko; personal guarantee exists (guarantor named in note only per rule 10); demand also references RBC's broader security including subsequent encumbrances and PPSA registrations noted in exhibits. — debtor: 12411300 Canada Inc. · as of 9 Mar 2026	$4.19M	Application Record - Applicant - Royal Bank of Canada

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.

Documents3 filings

Date	Document	File
24 Jul 2026	Application Record - Applicant - Royal Bank of Canada Applicant ROYAL BANK OF CANADA Court ONTARIO SUPERIOR COURT OF JUSTICE Court file no CV-26-00003611-0000 Financial position Subscribers + 3 more extracted facts	PDF · Subscribers

24 Jul 2026	Endorsement of The Honourable Mr. Justice M. T. Doi - Applicant - Royal Bank of Canada Applicant ROYAL BANK OF CANADA Commencement date 24 July 2026 Court SUPERIOR COURT OF JUSTICE – ONTARIO Court file no CV-26-00003611-0000 + 1 more extracted fact	PDF · Subscribers

24 Jul 2026	Order of The Honourable Mr. Justice M. T. Doi Applicant Royal Bank of Canada Appointee The Fuller Landau Group Inc. Appointee role receiver Commencement date 24 July 2026 + 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., “12411300 Canada Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/12411300-canada-inc