Proceedings.

203 Glencairn

Follow
Active
Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
File
CV-24-00729071-0000
Filings held2
Last activity22 Nov 2024
On the record668 days
Secured debt$1.1M
OverviewSummary updated

203 Glencairn is the subject of a court-appointed receivership begun November 22, 2024, when the Ontario Superior Court of Justice appointed Rosen Goldberg Inc. receiver and manager on the application of Bergo Investment Limited under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. Bergo holds the first and second mortgages over the property, taken by Tianna Faubert and guaranteed by John Carlesso, and accounted for $3,675,745.08 and $1,098,456.06 respectively as at September 13, 2024. Bergo took the first mortgage by assignment from Harlo Financial Group GP Inc., which had issued a notice of sale on April 19, 2023, and Bergo issued further notices on June 7, 2023 and May 31, 2024. Registering Orion Cap Inc.'s $325,000.00 third mortgage without Bergo's consent was itself a default under the first and second mortgages.

Proceedings AIAsk this case — answers cite the filings
Ask in plain language. The answer comes only from this case’s filings, each one cited.
Enter to send · Shift+Enter for a new line
Case updates2 dated entries
#Order

Appointed Rosen Goldberg Inc. receiver and manager over 203 Glencairn on Bergo Investment Limited's application as first and second mortgagee, under section 243(1) of the Bankruptcy and Insolvency Act.

Source: Court Order appointing Receiver

Parties

Debtor

203 Glencairn

Receiver

Rosen Goldberg

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice StevensonOntario Superior Court of Justice1 order, Nov 20242 cases on record

Counsel of record

PartyCounselFirst seenSource
ApplicantBergo Investment LimitedFogler, Rubinoff LLP22 Nov 2024Order · 22 Nov 2024
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredBergo Investment LimitedSecond Mortgage - Charge/Mortgage Instrument No. AT5868434, principal sum $900,000.00, registered Sept 24, 2021, includes Standard Charge Terms No. 200033 and Additional Provisions — Total per detailed accounting as at September 13, 2024 (Principal $900,000.00 plus accrued interest, fees, costs); earlier figure of $961,839.67 stated as at June 7, 2023 in notice of sale - see separate entry — debtor: Tianna Faubert / John Carlesso (guarantor) · as of 13 Sep 2024$1.1MApplication record
SecuredOrion Cap Inc. (Third Mortgagee)Charge/Mortgage registered on title as Instrument No. AT5996081, principal sum $325,000.00 (registered principal, not a stated balance) — Third mortgage; no outstanding balance stated in the reviewed pages; further encumbering the Real Property with this mortgage without Bergo's consent constituted a default event under the First and Second Mortgages — debtor: Tianna FaubertApplication record

“not stated” means the record names the claim without a figure; “” means not in the extracted record.

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.

Documents2 filings
DateDocumentFile
Court Order appointing Receiver
  • Applicant Bergo Investment Limited
  • Appointee Rosen Goldberg Inc.
  • Appointee role receiver and manager
  • Commencement date 22 November 2024
  • + 6 more extracted facts
PDF
Application record
  • Applicant BERGO INVESTMENT LIMITED
  • Appointee Rosen Goldberg Inc.
  • Appointee role Proposed Receiver
  • Commencement date 3 October 2024
  • + 4 more extracted facts
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “203 Glencairn” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/203-glencairn

Sources last checked · summary updated 1 September 2026 · Report a correction · Printed from proceedings.ca/case/203-glencairn

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.