Proceedings.

1639329 Ontario Ltd.

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Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
File
35-1292561T
Filings held6
Last activity2 Jun 2014
On the record4,808 days
Secured debtSubscribers
OverviewSummary updated

1639329 Ontario Ltd. has been in court-appointed receivership since July 16, 2013, when the Ontario Superior Court of Justice appointed SF Partners Inc. receiver on the application of Ontario Wealth Management Corporation under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. Ontario Wealth Management held a first charge with a principal of $1,800,000 and a second charge with a principal of $300,000, together with a general security agreement and assignment of rents both dated June 13, 2006, and its claim stood at $2,091,863.11 as at October 27, 2014. Independent counsel at Harrison Pensa LLP confirmed that security as valid and enforceable, and the receiver reports the applicant will suffer a shortfall. The Ontario Minister of Revenue registered a $590,009.69 writ claim that is subordinate to it under section 87(2) of the Act.

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Case updates4 dated entries · 3 undated
#Order

Interim order made on Ontario Wealth Management Corporation's application, the first and second chargeholder over the debtor's premises and personal property.

Source: Appointment Order

1 earlier update, back to 23 July 2013 subscribers.

Undated filings3 — no date appears on the document · show

3 filings carry no date on their face — subscribers.

Parties

Debtor

1639329 Ontario Ltd.

Receiver

Rosen Goldberg

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredOntario Wealth Management Corporation · in 2 casesFirst charge (principal $1,800,000); second charge (principal $300,000); General Security Agreement dated June 13, 2006; Assignment of Rents dated June 13, 2006 — Independent counsel (Harrison Pensa LLP) opinion confirms valid and enforceable security over the Premises and personal property of the Debtor; Receiver notes Applicant will suffer a shortfall on distribution — debtor: 1639329 Ontario Ltd. · as of 27 Oct 2014$2.09MThird Report of the Receiver

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.

3 more claims across lower-ranking classes

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Estate financialsReported figures — never derived

Cumulative receipts

$30K

As at 2 Jun 2014Second Report of the Receiver

Documents6 filings
DateDocumentFile
Third Report of the Receiver
  • Applicant ONTARIO WEALTH MANAGEMENT CORPORATION
  • Appointee SF Partners Inc.
  • Appointee role receiver
  • Commencement date 23 July 2013
  • + 7 more extracted facts
PDF · Subscribers
Second Report of the Receiver
  • Applicant ONTARIO WEALTH MANAGEMENT CORPORATION
  • Appointee SF Partners Inc.
  • Appointee role receiver and manager
  • Cash on hand Subscribers
  • + 10 more extracted facts
PDF · Subscribers
Appointment Order
  • Applicant ONTARIO WEALTH MANAGEMENT CORPORATION
  • Appointee SF Partners Inc.
  • Appointee role receiver
  • Commencement date 16 July 2013
  • + 3 more extracted facts
PDF · Subscribers
Endorsements of the Honourable Madam Justice Mitchell
  • Presiding officer Justice Mitchell
PDF · Subscribers
First Report of the ReceiverPDF · Subscribers
Supplemental Report to the Second Report of the ReceiverPDF · Subscribers

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

CiteProceedings., “1639329 Ontario Ltd.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/1639329-ontario-ltd

Sources last checked · summary updated 1 September 2026 · Report a correction · Printed from proceedings.ca/case/1639329-ontario-ltd

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.