2131059 Ontario Limited - Mapleview
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- File
- CV-15-10951-00CL
- Industry
- Real estate · Residential development
2131059 Ontario Limited (Mapleview) was placed in court-appointed receivership on 2015-05-15 by the Ontario Superior Court of Justice (Commercial List), under court file no. CV-15-10951-00CL, on the application of MarshallZehr Group Inc. and The Bank of Nova Scotia Trust Company under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. Collins Barrow Toronto Limited was appointed receiver. The applicants, holding a first-ranking mortgage, were owed $27,400,038.13 as of April 1, 2015. A second mortgage of $2,500,000 is held by Sussman Mortgage Funding Inc. and Community Trust Company. The receivership is active.
The court granted an approval and vesting order for the sale to Mapleview Developments Ltd. Closing terms, as extracted: vesting effective upon delivery of Receiver's Certificate confirming payment of purchase price and satisfaction of closing conditions.
Responding Motion of the Cost-Sharing Parties dated November 15, 2016 — Response / objection pleading
The Ontario Superior Court of Justice made the receivership order on 2015-05-15, appointing Collins Barrow Toronto Limited as receiver.
MarshallZehr Group Inc. and The Bank of Nova Scotia Trust Company filed the application for receivership on 2015-04-29.
Debtor
2131059 Ontario Limited - Mapleview
Receiver
Collins Barrow
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Mesbur | Ontario Superior Court of Justice | 2 orders, Nov 2016 | 34 cases on record |
| Justice Newbould | Ontario Superior Court of Justice | 2 orders, Nov 2016 | 111 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Applicant | Chaitons LLP | 15 May 2015 | Order · 15 May 2015 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | MarshallZehr Group Inc. and The Bank of Nova Scotia Trust Company (First Mortgage / MZG Trustee & BNS Trust as trustee for self-directed RRSP lenders)First-ranking mortgage; registered principal amount $17,712,500 (First Mortgage); also third-ranking and fourth-ranking mortgages held by Applicants — Total amount due to Applicants as of April 1, 2015 per Affidavit of Gregory Zehr (p.9); prose in Notice of Application (p.8) states approximate total due of $27,211,581.57 as of the same date - the affidavit figure is used as it is more specific and later in the record; loans totalling approximately $21 million originally advanced — debtor: 2131059 Ontario Limited (Baywood Homes) · as of 1 Apr 2015 | $27.4M | Application Record dated April 29, 2015 - Part 1 |
| Secured | |||
| Secured | |||
| Secured | |||
| Secured |
4 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.
Sale approved — The Sale Approval Order was granted but the Vesting Order was deferred pending determination of the Moneylogix ClaimReceiver's Second Report - Supplement dated November 28, 2016 · 28 Nov 2016
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Mapleview Developments Ltd.the Debtor's right, title and interest in and to the 'Purchased Assets' · real property · agreement 6 Oct 2016 | Sealed | Approved16 Nov 2016 | Sale Approval Order dated November 22, 2016 |
| Date | Document | File |
|---|---|---|
| Receiver's Third Report dated February 1, 2018 | PDF · Subscribers | |
Endorsement of Justice Mesbur dated November 30, 2016
| PDF · Subscribers | |
Vesting Order dated November 30, 2016
| PDF · Subscribers | |
Receiver's Second Report - Supplement dated November 28, 2016
| PDF · Subscribers | |
Endorsement of Justice Newbould dated November 22, 2016
| PDF · Subscribers | |
Report, Activity and Fee Approval and Sealing Order dated November 22, 2016
| PDF · Subscribers | |
Sale Approval Order dated November 22, 2016
| PDF · Subscribers | |
| Affidavit of Alex Haditaghi sworn November 18, 2016 | PDF · Subscribers | |
| Responding Motion of the Cost-Sharing Parties dated November 15, 2016 | PDF · Subscribers | |
| Receiver’s Second Report dated November 9, 2016 | PDF · Subscribers | |
Borrowings Increase, Authorization and Approval Order dated August 27, 2015
| PDF · Subscribers | |
| Receiver’s First Report dated July 17, 2015 | PDF · Subscribers | |
Receivership Order dated May 15, 2015
| PDF · Subscribers | |
Application Record dated April 29, 2015 - Part 1
| PDF · Subscribers | |
| Application Record dated April 29, 2015 - Part 2 | 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., “2131059 Ontario Limited - Mapleview” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 5 November 2026, https://proceedings.ca/case/2131059-ontario-limited-mapleview