#Order
Receivership order made Thursday, May 21, 2026, commencing the proceeding on the Commercial List under court file CL-26-00000128-0000.
1896841 Ontario Limited et al.
FollowActive
- Proceeding
- Receivership (court-appointed)Section 243(1) of the Bankruptcy and Insolvency Act, and Section 101 of the Courts Of Justice Act
- Court
- Ontario Superior Court of Justice · Commercial List
- File
- CL-26-00000128-0000
OverviewSummary updated
A receivership order was granted on May 21, 2026 by the Ontario Superior Court of Justice (Commercial List) under court file CL-26-00000128-0000. The proceeding, brought in Ontario under the Bankruptcy and Insolvency Act, remains active. The record identifies no further steps.
Proceedings AIAsk this case — answers cite the filings
Case updates4 dated entries
#Filing
Application Record – Applicant – Extend Financial Ltd. dated April 8, 2026 — Application / notice of application
1 earlier update, back to 21 May 2026 — subscribers.
Parties
Debtor
File Documents
Receiver
Albert Gelman
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Black | Ontario Superior Court of Justice | 2 orders, May 2026 | 176 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Applicant | Robins Appleby LLP | 24 Mar 2026 | Application · 24 Mar 2026 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Extend Financial Ltd. · in 2 casesFirst-ranking mortgage over 950 Property (Instrument No. AT6831430); Notice of Assignment of Rents (General) against 950 Property (AT6831431); first-ranking mortgage over 1020 Property granted by 1338940 Ontario Limited (AT6831432); Notice of Assignment of Rents (General) against 1020 Property (AT6831433); PPSA registrations against Borrower (Reg. No. 20250602 1349 1793 7320) and against 1338940 Ontario Limited (Reg. No. 20250602 1350 1793 7321); Guarantee dated on or about May 16, 2025 from Patrick Gray Johnson, Mark David Johnson and 1338940 Ontario Limited — Loan principal advanced was $18, · as of 25 Feb 2026 | $19.3M | Notice of Application – Applicant – Extend Financial Ltd. dated March 24, 2026 |
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.
RecoveriesAs stated in the filings
Unsecured creditors: paid in full.Under the planApplication Record – Applicant – Extend Financial Ltd. · 8 Apr 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | — | — | paid in fullconditional | Under the planper the trustee | Application Record – Applicant – Extend Financial Ltd. · 8 Apr 2026 |
| Preferred | — | — | paid in full | Under the planper the trustee | Application Record – Applicant – Extend Financial Ltd. · 8 Apr 2026 |
| Unsecured | — | — | paid in full | Under the planper the trustee | Application Record – Applicant – Extend Financial Ltd. · 8 Apr 2026 |
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.
Documents4 filings
| Date | Document | File |
|---|---|---|
Appointment Order dated May 21, 2026
| PDF · Subscribers | |
Endorsement – Justice Black dated May 21, 2026
| PDF · Subscribers | |
Application Record – Applicant – Extend Financial Ltd. dated April 8, 2026
| PDF · Subscribers | |
Notice of Application – Applicant – Extend Financial Ltd. dated March 24, 2026
| 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., “1896841 Ontario Limited et al.” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 20 September 2026, https://proceedings.ca/case/1896841-ontario-limited-et-al