The court granted a reverse vesting order in favour of Dementia Care Holdings Inc.
Source: Approval and Reverse Vesting Order dated February 20, 2026
2301402 Ontario Limited and Jake's House Community Residences have been in court-appointed receivership since May 14, 2025, under s. 243 of the BIA and provincial Judicature Act authority. The proceeding arises from three MarshallZehr Group Inc. facilities secured by first, second and third charges over the real property at 133, 135, 139, 141 and 143 Main St., Lucan. As of January 28, 2025, the MZ 307 loan stood at approximately $11,004,806 and the MZ 308 loan at approximately $5,139,839.02; the MZ 306 balance is recorded as $22,123,416 in one place and $22,123,146 in another. Jake's House Community Residences guaranteed all three loans under general security agreements dated February 7, 2022. The Receiver reported Township of Lucan Biddulph tax arrears of $120,193.32 as of August 7, 2025. Bank of Montreal holds a blanket PPSA registration against 2301402.
The court granted a reverse vesting order in favour of Dementia Care Holdings Inc.
Source: Approval and Reverse Vesting Order dated February 20, 2026
Endorsement of the Honourable Justice Dietrich dated February 20, 2026 — Endorsement / reasons
15 earlier updates, back to 14 May 2025 — subscribers.
Debtor
2301402 Ontario Limited and Jake’s House Community Residences
Applicant
MarshallZehr Group
Receiver
TDB Restructuring
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Dietrich | Ontario Superior Court of Justice | 3 orders, May 2025 – Feb 2026 | 89 cases on record |
| Justice Dietrich | Ontario Superior Court of Justice | 2 orders, Feb 2026 | 109 cases on record |
| Justice Steele | Ontario Superior Court of Justice | 2 orders, Sep 2025 | 220 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverTDB Restructuring | Chaitons LLP | 23 Sep 2025 | Factum · 23 Sep 2025 |
| ApplicantMarshallZehr Group | Chaitons LLP | 14 May 2025 | Order · 14 May 2025 |
| CreditorDementia Care Holdings Inc | Thornton Grout Finnigan LLP | 18 Feb 2026 | Service list · 18 Feb 2026 |
| CreditorUnifor and its Local 27 | Unifor Legal Department | 18 Feb 2026 | Service list · 18 Feb 2026 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | MarshallZehr Group Inc. (MZ) · in 19 casesThird Charge/Mortgage of Land (principal $15,000,000) against the Real Property, reg. Feb 5, 2020; General Assignment of Rents; General Security Agreement dated December 23, 2019 — Referred to as 'MZ 308 Loan' (commitment letter December 13, 2019, as amended December 22, 2021), original/commitment principal $13,139,839.02; also called 'Third Loan' in Receiver's First Report (p.6). $5,139,839.02 is stated as an approximate balance for principal, interest and expenses, excluding legal costs, as of January 28, 2025. Guaranteed by JHCR (secured by JHCR GSA). — debtor: 2301402 Ontario Limited · as of 28 Jan 2025 | $5.14M | First Report of the Receiver dated September 19, 2025 |
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.
Approval pending — This Supplementary Report provides information to the Court to address the following mattersSupplement to the Second Report dated February 19, 2026 · 19 Feb 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Dementia Care Holdings Inc.vesting all of the right, title and interest in and to the Purchased Shares (as defined in the Subscription Agreement) in the Purchaser · share subscription · agreement 10 Feb 2026 | not stated | Approved20 Feb 2026 | Approval and Reverse Vesting Order dated… |
1 engagement · 1 firm — Chaitons LLP, 28 May – 31 Aug 2025Motion Record of the Receiver · 24 Sep 2025
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Chaitons LLPCounsel to the receiver | 28 May – 31 Aug 2025Sought | — | — | —3 people | Motion Record of the Receiver · 24 Sep 2025 |
| Date | Document | File |
|---|---|---|
Ancillary Relief Order dated February 20, 2026
| PDF · Subscribers | |
Approval and Reverse Vesting Order dated February 20, 2026
| PDF · Subscribers | |
Endorsement of the Honourable Justice Dietrich dated February 20, 2026
| PDF · Subscribers | |
Endorsement of the Honourable Justice Dietrich dated February 19, 2026
| PDF · Subscribers | |
| Motion Record of the Receiver returnable February 19, 2026 | PDF · Subscribers | |
Supplement to the Second Report dated February 19, 2026
| PDF · Subscribers | |
Service List
| PDF · Subscribers | |
Factum of the Receiver dated February 14, 2026
| PDF · Subscribers | |
Second Report of the Receiver dated February 10, 2026
| PDF · Subscribers | |
Endorsement of the Honourable Justice Steele dated September 24, 2025
| PDF · Subscribers | |
Motion Record of the Receiver returnable September 24, 2025
| PDF · Subscribers | |
Order dated September 24, 2025
| PDF · Subscribers | |
Factum of the Receiver dated September 23, 2025
| PDF · Subscribers | |
First Report of the Receiver dated September 19, 2025
| PDF · Subscribers | |
Application Record returnable May 14, 2025
| PDF · Subscribers | |
Appointment Order dated May 14, 2025
| PDF · Subscribers | |
Endorsement of the Honourable Justice J. Dietrich dated May 14, 2025
| 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., “2301402 Ontario Limited and Jake’s House Community Residences” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/2301402-ontario-limited-and-jake-s-house-community-residences
Sources last checked · summary updated 7 August 2026 · Report a correction · Printed from proceedings.ca/case/2301402-ontario-limited-and-jake-s-house-community-residences
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.