Proceedings.

2039882 Ontario Limited o/a Shelter Cove

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Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended (the “BIA”) and section 101 of the Courts of Justice Act, R.S.O 1990 c. C.43, as amended (the “CJA”)
Court
Ontario Superior Court of Justice
File
CV-24-00713069-00CL
Industry
Real estate · Rental & income property
Filings held24
Last activity28 Feb 2025
On the record839 days
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Guide

Power of sale vs foreclosure vs receivership in Canada

When a Canadian borrower stops paying a mortgage, the lender can sell the property itself, ask a court to foreclose, or have a receiver take control. How the routes differ by province, what each means for owners and tenants, and how long a receivership takes, drawn from the court record.

Parties

Debtor

2039882 Ontario Limited o/a Shelter Cove

Receiver

Fuller Landau

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice OsborneOntario Superior Court of Justice6 orders, Jul 2024 – Oct 2024168 cases on record
Justice DietrichOntario Superior Court of Justice2 orders, Jan 2025 – Feb 2025132 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverFuller LandauAird & Berlis LLP · Bennett Jones LLP30 Sep 2024Order · 2 Oct 2024
CreditorKHL Investments USA IncLerners LLP16 Jul 2024Order · 16 Jul 2024
CreditorNorthpoint Commercial Finance Canada IncLoopstra Nixon LLP26 Jan 2024Order · 26 Jan 2024
RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Fees and ratesAs stated in the filings

6 engagements · 3 firms — latest: Aird & Berlis LLP, to 21 Jan 2025Motion Record of the Receiver · 21 Jan 2025

FirmPeriodHoursFeesRatesSource
Aird & Berlis LLPCounsel to the receiverperiod 2 of 2to 21 Jan 2025——16 peopleMotion Record of the Receiver · 21 Jan 2025
16 people — Aird & Berlis LLP, to 21 Jan 2025 · 48 blurred figures
NameYear of callHoursRateFees
A. Gentile2007
Milan Singh2000
Sanjeev P. Mitra1996
N. I. Kahn1981
Lorenzo Lisi1990
Kristi Ross2004
Kenneth Pimentel2011
A.S. Raponi2010
Adrienne Ho2015
Shannon MorrisClerk/Student
Jenaya E. McLeanClerk/Student
Carlos E. CasasolaClerk/Student
Michael PuopoloClerk/Student
Zoë WalwynClerk/Student
Elli ShahramiClerk/Student
Patrick L. WilliamsClerk/Student
Aird & Berlis LLPCounsel to the receiverperiod 1 of 2———Motion Record of the Receiver - Volume II - 20-SEPT-2024 · 2 Oct 2024
Bennett Jones LLPCounsel to the monitorperiod 2 of 217 Jan – 31 Aug 2024Sought——not statedMotion Record - Monitor - PricewaterhouseCoopers Inc. - 24-SEP-2024 · 24 Sep 2024
Bennett Jones LLPCounsel to the monitorperiod 1 of 2from 1 Sep 2024—not statedMotion Record - Monitor - PricewaterhouseCoopers Inc. - 24-SEP-2024 · 24 Sep 2024
PricewaterhouseCoopers Inc.Monitorperiod 2 of 22 Jan – 3 Sep 2024Sought——Motion Record - Monitor - PricewaterhouseCoopers Inc. - 24-SEP-2024 · 24 Sep 2024
PricewaterhouseCoopers Inc.Monitorperiod 1 of 2from 4 Sep 2024—not statedMotion Record - Monitor - PricewaterhouseCoopers Inc. - 24-SEP-2024 · 24 Sep 2024

53 blurred figures above

What each firm billed, and each person’s hours and rate — each as the filing states it, with its source.

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Documents
24 filings
DateDocumentFile
Discharge Certificate.Feb 28 2025
  • Counsel Aird & Berlis LLP
PDF · Subscribers
Endorsement
  • Presiding officer Justice J. Dietrich
PDF · Subscribers
Discharge Order
  • Counsel Aird & Berlis LLP
  • Presiding officer Justice Jane Dietrich
PDF · Subscribers
Supplemental Motion Record of the ReceiverPDF · Subscribers
Motion Record of the Receiver
PDF · Subscribers
Ancillary Order
  • Counsel Aird & Berlis LLP
  • Presiding officer Justice Peter Osborne
PDF · Subscribers
Approval and Vesting Order
  • Counsel Aird & Berlis LLP
  • Presiding officer Justice Peter Osborne
PDF · Subscribers
CCAA Termination and Fee Approval
  • Counsel Bennett Jones LLP
  • Presiding officer Justice Osborne
PDF · Subscribers
Endorsement Oct 2 24
  • Presiding officer Justice Osborne
PDF · Subscribers
Motion Record of the Receiver - Volume I - 20-SEPT-2024PDF · Subscribers
Motion Record of the Receiver - Volume II - 20-SEPT-2024
PDF · Subscribers
Factum - Monitor - PricewaterhouseCoopers Inc. - 30-SEP-2024
  • Counsel Bennett Jones LLP
PDF · Subscribers
Motion Record - Monitor - PricewaterhouseCoopers Inc. - 24-SEP-2024
PDF · Subscribers
Letter to Residents re Sales Proces.September 12 2024PDF · Subscribers
2024-JUL-26 - FAQs for ResidentsPDF · Subscribers
Endorsement July 19 24
  • Presiding officer Justice Osborne
PDF · Subscribers
Motion Record of Northpoint Commercial Finance Canada Inc. (rtbl July 19 2024)PDF · Subscribers
Pre-Filing Report - Proposed Receiver - Fuller Landau Group Inc. - 18-JULY-2024(PDF · Subscribers
PwC - Fifth Report of the MonitorPDF · Subscribers
Responding Motion Record - Applicant - 2039882 ON LTD - 18-JUL-2024PDF · Subscribers
Affidavit of D. McNamara - Guarantors and Shareholders - B. Racippo and M. Bevacqua - 18-July 2024PDF · Subscribers
Motion Record-Respondent-KHL-17-JUL-2024PDF · Subscribers
Receivership Order July 19 24
  • Applicant KHL Investments USA Inc.
  • Appointee The Fuller Landau Group Inc.
  • Appointee role receiver
  • Commencement date 19 July 2024
  • + 7 more extracted facts
PDF · Subscribers
Northpoint Order July 19 24
  • Counsel Loopstra Nixon LLP
  • Presiding officer Justice Osbourne
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., “2039882 Ontario Limited o/a Shelter Cove” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 5 November 2026, https://proceedings.ca/case/2039882-ontario-limited-o-a-shelter-cove

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Sources last checked · record updated 22 August 2026 · Report a correction · Printed from proceedings.ca/case/2039882-ontario-limited-o-a-shelter-cove

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.