17 Bronte Street South
- Proceeding
- Receivership (court-appointed)SECTION 243(1) OF THE BANKRUPTCY AND INSOLVENCY ACT, R.S.C. 1985, C. B-3, AS AMENDED, AND SECTION 101 OF THE COURTS OF JUSTICE ACT, R.S.O. 1990 C. C.43, AS AMENDED
- File
- CV-23-00700497-00CL
17 Bronte Street South is the subject of an insolvency proceeding in Ontario begun January 18, 2024, with Alvarez & Marsal Canada Inc. as court-appointed receiver on Ontario Superior Court of Justice (Commercial List) file CV-23-00700497-00CL. Village Developments Inc. is the debtor on four charges registered against the property. The Bronte Senior Lenders, being Bamburgh Holdings Inc., Yerusha Investments Inc. and 1008118 Ontario Limited, hold the first charge, with $492,512 owing as at January 9, 2024; Canadian Western Trust Company holds the second charge, at $366,475 on the same date; GTA Solid Contracting Inc. holds a third charge, whose payout statement totalled $539,100.93 as at November 30, 2023. John Robinson holds a fourth charge of $200,000 registered February 11, 2022, and the receiver does not expect realizations sufficient to reach it.
Application Record- C & K Mortgage Services Inc. et al and Village Developments Inc. et al was filed. Court file CV-23-00700497-00CL.
Source: Application Record- C & K Mortgage Services Inc. et al and Village Developments Inc. et al
Debtor
17 Bronte Street South
Receiver
Alvarez & Marsal
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | GTA Solid Contracting Inc.Third charge (GTA Charge) registered against the Property; principal amount of $300,000 — Text states approximately $539,000 as of November 30, 2023; report summary table gives $543,594; payout statement itself totals $539,100.93 (Appendix D, page 20) plus per diem of $109.59/day after Nov 30, 2023. Amount used is table figure per report summary; discrepancy between narrative ($539,000) and table ($543,594) noted. — debtor: Village Developments Inc. · as of 30 Nov 2023 | $540K | First Receiver’s Report |
| Secured | |||
| Secured | |||
| Secured |
3 more claims in 1 class The stack holds Secured claims.
Every creditor and every amount, drawn to scale.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
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.
2 engagements · 2 firms — latest: Alvarez & Marsal Canada Inc., 17 Aug 2023 – 6 Jan 2024, soughtFirst Receiver’s Report · 11 Jan 2024
| Firm | Period | Hours | Fees | Rates | Source | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Alvarez & Marsal Canada Inc.Receiver | 17 Aug 2023 – 6 Jan 2024Sought | 3 people | First Receiver’s Report · 11 Jan 2024 | ||||||||||||||||||||||
3 people — Alvarez & Marsal Canada Inc., 17 Aug 2023 – 6 Jan 2024 · 9 blurred figures
| |||||||||||||||||||||||||
| Chaitons LLPCounsel to the receiver | — | — | 1 person | First Receiver’s Report · 11 Jan 2024 | |||||||||||||||||||||
16 blurred figures above
What each firm billed, and each person’s hours and rate — each as the filing states it, with its source.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plans| Date | Document | File |
|---|---|---|
| Receiver’s Certificate | PDF · Subscribers | |
First Receiver’s Report
| PDF · Subscribers | |
Motion Record (Motion returnable January 18, 2024)
| PDF · Subscribers | |
Application Record- C & K Mortgage Services Inc. et al and Village Developments Inc. et al
| 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., “17 Bronte Street South” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/17-bronte-street-south