Proceedings.

1510610 Ontario Inc. o/a Central Welding & Iron Works

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Active
Proceeding
NOIBIA s. 50.4
File
BK-24-31-3125229
Filings held23
Last activity15 Nov 2025
On the record681 days
Secured debtSubscribers
OverviewSummary updated

1510610 Ontario Inc., operating as Central Welding & Iron Works, filed a Notice of Intention to Make a Proposal under BIA s. 50.4 on November 9, 2024, in the Ontario Superior Court of Justice (Commercial List), court file BK-24-31-3125229. A statement of affairs as of September 12, 2024 lists secured claims from 1876226 Ontario Limited ($6,300,000.00) and NOHFC ($285,808.87), alongside nominal $1.00 secured claims from Linde Canada, R.W. Tomlinson, TD Bank Group and Intact Insurance that are also carried on the unsecured list, reflecting a nil estimated security valuation. Unsecured claims include Facca Inc. ($7,902,378.29), 1876226 Ontario Limited ($6,300,000.00), Perley-Robertson, Hill & McDougall LLP ($419,517.44) and FedNor ($500,551.69), among numerous trade creditors. The proceeding remains active.

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Case updates23 dated entries

20 earlier updates, back to 9 November 2024 subscribers.

Parties

Debtor

1510610 Ontario Inc. o/a Central Welding & Iron Works

Proposal trustee

GlassRatner

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice KimmelOntario Superior Court of Justice4 orders, Nov 2024 – Nov 2025182 cases on record
Justice CavanaghOntario Superior Court of Justice2 orders, Oct 2024288 cases on record

Counsel of record

PartyCounselFirst seenSource
Debtor1510610 Ontario Inc. o/a Central Welding & Iron WorksMcMillan LLP13 Nov 2024Factum · 13 Nov 2024
CreditorFacca IncorporatedMiller Thomson LLP3 Oct 2024Affidavit · 3 Oct 2024
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
Secured1876226 Ontario LimitedParticulars of security not stated; estimated value of security $0.00 — Estimated surplus from security $0.00; entire claim also appears as 'balance of claim' in unsecured creditors list (List A), indicating claim bifurcated secured/unsecured by nil security valuation. Same-named creditor as secured claim under NOI. — debtor: 1510610 Ontario Inc. o/a Central Welding & Iron Works · as of 12 Sep 2024$6.3MCreditors Package (NOI) – September 12,
32 more claims across lower-ranking classesSubscribe to view
Sale processAs stated in the filings

Sale process approvedSISP approved by the Court, authorizing the Proposal Trustee to conduct a sale and investment solicitation processOrder of Justice Kimmel (Stay Extension and SISP Approval) · 15 Nov 2025

PurchaserPriceStatusSource
Autogene Industries North Bay Inc.Related partythe Vendor's right, title and interest in and to the Purchased Assets · asset sale · agreement 5 Feb 2025SubscribersClosed14 Feb 2025outside 28 Feb 2025Trustee Certificate Confirming of Sale…
AdvisorsB. Riley Farber Inc. (sale agent)Order of Justice Kimmel (Stay Extension and SISP Approval)
Closing termsVesting effective upon delivery by the Proposal Trustee of a Trustee's Certificate confirming payment of the Purchase Price and satisfaction/waiver of closing conditions.Order of Justice Kimmel
RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedTrustee’s Preliminary Report to Creditors · 6 Mar 2025

ClassCreditorClaimsRecoveryBasisSource
Unsecuredno distributionconditionalEstimatedper the trusteeTrustee’s Preliminary Report to Creditors · 6 Mar 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.

Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents
23 filings
DateDocumentFile
Order of Justice Kimmel (Stay Extension and SISP Approval)
  • Bid deadline 15 January 2025
  • Outside date 28 February 2025
  • Presiding officer Justice Kimmel
  • Break fee Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Motion Record of the Company (returnable October 4, 2025)PDF · Subscribers
Trustee’s Preliminary Report to Creditors
  • Closing confirmed Closed · date not stated · Autogene Industries North Bay Inc.
  • Purchaser Autogene Industries North Bay Inc. (related party) · certain of the Company's Accounts Receivable and Holdback receivables related to two projects that were incomplete · asset sale · closed
  • Recovery outcome Entries: per estimated · Table missing:
  • Financial position Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Certificate of AssignmentPDF · Subscribers
Trustee Certificate Confirming of Sale Transaction
  • Closing confirmed Closed · 14 Feb 2025 · Autogene Industries North Bay Inc.
PDF · Subscribers
Factum of the Moving Parties – Returnable February 12, 2025PDF · Subscribers
Order of Justice Kimmel
  • Closing terms Vesting effective upon delivery by the Proposal Trustee of a Trustee's Certificate confirming payment of the Purchase Price and satisfaction/waiver of closing conditions.
  • Purchaser Autogene Industries North Bay Inc. · the Vendor's right, title and interest in and to the Purchased Assets · asset sale · approved
  • Stalking horse Subscribers
PDF · Subscribers
Fourth Report of the Proposal Trustee
  • Sale advisor B. Riley Farber Inc. (sale agent)
  • Sale outcome No acceptable bid — a Court-approved SISP has concluded without yielding any bids attributing any value to Central's business or any of its assets
  • Stalking horse Subscribers
PDF · Subscribers
Endorsement of Justice Kimmel
  • Presiding officer Justice Kimmel
PDF · Subscribers
Order of Justice Kimmel (Stay Extension)
  • Presiding officer Justice Kimmel
PDF · Subscribers
Third Report of the Proposal TrusteePDF · Subscribers
Motion Record
  • Applicant 1510610 Ontario Inc. o/a Central Welding & Iron Works
  • Commencement date 13 December 2024
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no BK-24-31-3125229
  • + 1 more extracted fact
PDF · Subscribers
Endorsement of Justice Kimmel (Stay Extension and SISP Approval)
  • Presiding officer Justice Kimmel
PDF · Subscribers
Factum (Stay Extension and SISP Approval)
  • Counsel McMillan LLP
PDF · Subscribers
Second Report of the Proposal TrusteePDF · Subscribers
Motion Record (Stay Extension and SISP Approval)
  • Commencement date 9 November 2024
  • Court SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • Court file no BK-24-31-3125229
  • Province ONTARIO
PDF · Subscribers
Endorsement of Justice Cavanagh
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Order of Justice Cavanagh
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Affidavit of Thomas Robson (Facca Incorporated)
  • Counsel Miller Thomson LLP
PDF · Subscribers
Factum of Facca Incorporated
  • Counsel Miller Thomson LLP
PDF · Subscribers
First Report of the Proposal TrusteePDF · Subscribers
Creditors Package (NOI) – September 12,
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Certificate of Filing of a Notice of Intention to Make a ProposalPDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “1510610 Ontario Inc. o/a Central Welding & Iron Works” (NOI), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/1510610-ontario-inc-o-a-central-welding-iron-works

Sources last checked · summary updated 13 August 2026 · Report a correction · Printed from proceedings.ca/case/1510610-ontario-inc-o-a-central-welding-iron-works

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.