Proceedings.

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")
File
CV-26-00003611-0000
Filings held3
Last activity24 Jul 2026
On the record104 days
Secured debtSubscribers
OverviewSummary updated

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
Parties

Debtor

12411300 Canada Inc.

Receiver

Fuller Landau

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice DoiOntario Superior Court of Justice2 orders, Jul 20267 cases on record

Counsel of record

PartyCounselFirst seenSource
CreditorRoyal Bank of CanadaAird & Berlis LLP24 Jul 2026Order · 24 Jul 2026
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredRoyal Bank of Canada · in 584 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$4.19MApplication 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
DateDocumentFile
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
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
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
  • + 7 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 4 November 2026, https://proceedings.ca/case/12411300-canada-inc

Sources last checked · summary updated 22 August 2026 · Report a correction · Printed from proceedings.ca/case/12411300-canada-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.