2321197 Ontario Inc. - 87 Elm Grove Avenue et al.
FollowClosed
- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
- Court
- Ontario Superior Court of Justice · Commercial List
- File
- CV-18-00608356-00CL
OverviewSummary updated
2321197 Ontario Inc., the owner of 87 Elm Grove Avenue in Toronto, was placed in court-appointed receivership on November 13, 2018 by order of the Ontario Superior Court of Justice (Commercial List), under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The proceeding carries court file number CV-18-00608356-00CL. The receivership order is the only step recorded on this file, and the matter is now closed.
Proceedings AIAsk this case — answers cite the filings
Case updates83 dated entries
80 earlier updates, back to 13 November 2018 — subscribers.
Parties
Debtor
211 Woodland Acres Crescent, Vaughan, Ontario
Debtor
2321197 Ontario Inc. - 87 Elm Grove Avenue
Debtor
2321198 Ontario Inc. - 46 Puccini Drive
Receiver
KSV
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Conway | Ontario Superior Court of Justice | 14 orders, Jul 2019 – Apr 2025 | 285 cases on record |
| Justice Penny | Ontario Superior Court of Justice | 14 orders, Dec 2018 – Apr 2022 | 179 cases on record |
| Justice Wilton | Ontario Superior Court of Justice | 3 orders, Nov 2018 | 15 cases on record |
| Justice Wilton-Siegel | Ontario Superior Court of Justice | 2 orders, Nov 2018 | 104 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverKSV | Chaitons LLP | 27 Feb 2019 | Application · 27 Feb 2019 |
| Applicant | Blaney McMurtry LLP | 11 Apr 2025 | Order · 11 Apr 2025 |
| Debtor211 Woodland Acres Crescent, Vaughan, Ontario | Gardiner Roberts LLP Previously Lax O'Sullivan Lisus Gottlieb LLP (last seen 21 Aug 2019) | 21 Aug 2019 | Service list · 26 Mar 2020 |
| CreditorAlexander Melfi | Gardiner Roberts LLP | 1 Jun 2020 | Endorsement · 1 Jun 2020 |
| CreditorBuduchnist Credit Union Limited | Dentons Canada LLP | 13 Nov 2018 | Order · 13 Nov 2018 |
| CreditorCarlo DeMaria | Lax O'Sullivan Lisus Gottlieb LLP | 12 Nov 2018 | Application · 12 Nov 2018 |
| CreditorChicago Title Insurance Company Canada | Blaney McMurtry LLP | 21 Aug 2019 | Service list · 21 Aug 2019 |
| CreditorTrade Capital Finance Corporation | Loopstra Nixon LLP | 1 Jun 2020 | Endorsement · 1 Jun 2020 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Buduchnist Credit Union Limited (BCU)Puccini Mortgage - charge/mortgage in principal amount of $2,500,000 registered against the Puccini Property on February 27, 2015 (the "198 Loan"); also secured by a General Security Agreement dated February 17, 2015 — Repayment guaranteed personally by Carlo Demaria per Guarantor Clause dated February 26, 2015; a Mareva Order (Ontario Superior Court, dated May 6, 2015, in Trade Capital Finance Corp. v. Peter Cook et al., Brampton Court File No. CV-15-2110-00) was registered against title to the Puccini Property on September 29, 2015 - this is an unrelated litigation encumbrance, not a consens · as of 1 Nov 2018 | $2.58M | Application Record of Buduchnist Credit Union Limited dated November 6, 2018 - Volume 1 of 2 |
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 declared or paid
BCU: a distribution.EstimatedSeventh Report of the Receiver · 21 Oct 2020
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | BCU | — | a distributioninterimcumulativeconditional | Estimatedper the receiver | Seventh Report of the Receiver · 21 Oct 2020 |
| SecuredBCU | Buduchnist Credit Union Limited | — | a distribution | Finalper the court | Interim Distribution Order #2 · 12 Apr 2022 |
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.
Documents
81 filings
| Date | Document | File |
|---|---|---|
Court Order dated April 11, 2025
| PDF · Subscribers | |
Discharge Order of Justice Conway dated April 11, 2025
| PDF · Subscribers | |
Endorsement of Justice Conway dated April 11, 2025
| PDF · Subscribers | |
Order of Settlement and Final Distribution of Justice Conway dated April 11, 2025
| PDF · Subscribers | |
Factum of the Applicant, Buduchnist Credit Union Limited dated April 2, 2025
| PDF · Subscribers | |
| Motion Record of the Applicant, Buduchnist Credit Union Limited dated April 2, 2025 | PDF · Subscribers | |
| Eighth Report of the Receiver dated March 31, 2025 | PDF · Subscribers | |
Interim Distribution Order #2 dated April 12, 2022
| PDF · Subscribers | |
| Approval and Vesting Order dated October 28, 2020 | PDF · Subscribers | |
Endorsement of Justice Conway dated October 28, 2020
| PDF · Subscribers | |
Motion Record returnable October 28, 2020
| PDF · Subscribers | |
Sealing and Interim Distribution Order dated October 28, 2020
| PDF · Subscribers | |
Seventh Report of the Receiver dated October 21, 2020
| PDF · Subscribers | |
Court Order dated August 26, 2020
| PDF · Subscribers | |
Costs Order dated August 12, 2020
| PDF · Subscribers | |
Endorsement of Justice Conway dated August 12, 2020
| PDF · Subscribers | |
| Notice of Abandonment of Motion returnable August 12, 2020 | PDF · Subscribers | |
Woodland Listing Approval Order dated August 12, 2020
| PDF · Subscribers | |
| Supplement to the Sixth Report of the Receiver dated August 11, 2020 | PDF · Subscribers | |
| Responding Motion Record of BCUL returnable 12, 2020 | PDF · Subscribers | |
Court Order dated June 4, 2020
| PDF · Subscribers | |
Endorsement of Justice Conway dated June 4, 2020
| PDF · Subscribers | |
| Endorsement of Justice Conway dated June 1, 2020 | PDF · Subscribers | |
| Motion Record re Woodland Property dated May 21, 2020 | PDF · Subscribers | |
| Sixth Report of the Receiver dated May 20, 2020 | PDF · Subscribers | |
| Motion Record of Buduchnist Credit Union Limited returnable April 17, 2020 - Volume 1 of 2 | PDF · Subscribers | |
| Motion Record of Buduchnist Credit Union Limited returnable April 17, 2020 - Volume 2 of 2 | PDF · Subscribers | |
| Notice of Distribution Motion returnable April 17, 2020 | PDF · Subscribers | |
Service List as at March 26, 2020
| PDF · Subscribers | |
| Service List as at March 26, 2020 | PDF · Subscribers | |
Endorsement of Justice Penny dated January 15, 2020
| PDF · Subscribers | |
Service List dated August 21, 2019
| PDF · Subscribers | |
| Approval and Vesting Order re 6216 Fifth Line dated July 25, 2019 | PDF · Subscribers | |
Endorsement of Justice Conway dated July 25, 2019
| PDF · Subscribers | |
| Motion Record returnable July 25, 2019 | PDF · Subscribers | |
| Fifth Report of the Receiver dated July 17, 2019 | PDF · Subscribers | |
Order of the Court of Appeal for Ontario dated July 11, 2019
| PDF · Subscribers | |
| Book of Authorities of the Respondent in Appeal dated May 24, 2019 | PDF · Subscribers | |
Factum of the Respondent in Appeal dated May 24 2019
| PDF · Subscribers | |
Endorsement of Justice Penny dated April 25, 2019
| PDF · Subscribers | |
Unofficial Transcript of the Endorsement of Justice Penny dated April 25, 2019
| PDF · Subscribers | |
| Approval and Vesting Order dated March 29, 2019 | PDF · Subscribers | |
Endorsement of Justice Penny dated March 29, 2019
| PDF · Subscribers | |
| Motion Record returnable March 29, 2019 | PDF · Subscribers | |
| Fourth Report of the Receiver dated March 22, 2019 | PDF · Subscribers | |
| Approval and Vesting Order dated February 27, 2019 | PDF · Subscribers | |
Endorsement of Justice Penny dated February 27, 2019
| PDF · Subscribers | |
Motion Record returnable February 27, 2019
| PDF · Subscribers | |
Unofficial Transcript of the Endorsement of Justice Penny dated February 22, 2019
| PDF · Subscribers | |
| Third Report of the Receiver dated February 19, 2019 | PDF · Subscribers | |
Endorsement of Justice Penny dated February 14, 2019
| PDF · Subscribers | |
Unofficial Transcript of the Endorsement of Justice Penny dated February 14, 2019
| PDF · Subscribers | |
Second Amended and Restated Order dated January 17, 2019
| PDF · Subscribers | |
Transcript of the Endorsement of Justice Penny dated January 17, 2019
| PDF · Subscribers | |
| Court Order dated January 16, 2019 | PDF · Subscribers | |
Endorsement of Justice Penny dated January 16, 2019
| PDF · Subscribers | |
| Motion Record returnable January 16, 2019 | PDF · Subscribers | |
| Book of Authorities of the Respondents dated January 14, 2019 | PDF · Subscribers | |
| Brief of Transcripts of the Respondents dated January 14, 2019 | PDF · Subscribers | |
| Factum of the Respondents dated January 14, 2019 | PDF · Subscribers | |
Second Report of the Receiver dated January 10, 2019
| PDF · Subscribers | |
Court Order dated December 4, 2018
| PDF · Subscribers | |
Endorsement #3 of Justice Penny dated December 4, 2018
| PDF · Subscribers | |
| Motion Record Returnable December 4, 2018 | PDF · Subscribers | |
| Responding Application Record of Trade Capital Finance Corporation returnable December 4, 2018 - Volume 1 of 2 | PDF · Subscribers | |
Responding Application Record of Trade Capital Finance Corporation returnable December 4, 2018 - Volume 2 of 2
| PDF · Subscribers | |
Amended Notice of Application dated December 3, 2018
| PDF · Subscribers | |
| Factum of the Applicant dated November 30, 2018 | PDF · Subscribers | |
| Supplementary Application Record of Buduchnist Credit Union Limited dated November 30, 2018 | PDF · Subscribers | |
| Supplementary Application Record of the Applicant returnable dated November 30, 2018 | PDF · Subscribers | |
Endorsement of Justice Wilton Siegel dated November 29, 2018
| PDF · Subscribers | |
Unofficial Transcript of the Endorsement of the Honourable Justice Wilton Siegel dated November 29, 2018
| PDF · Subscribers | |
First Report of the Receiver dated November 28, 2018
| PDF · Subscribers | |
Endorsement of Justice Wilton Siegel dated November 13, 2018
| PDF · Subscribers | |
Interim Receivership Appointment Order dated November 13, 2018
| PDF · Subscribers | |
Receivership Appointment Order dated November 13, 2018
| PDF · Subscribers | |
| Application Record of Trade Capital dated November 12, 2018 - Volume 1 of 2 | PDF · Subscribers | |
| Application Record of Trade Capital dated November 12, 2018 - Volume 2 of 2 | PDF · Subscribers | |
Responding Application Record of Carlo Demaria dated November 12, 2018
| PDF · Subscribers | |
Application Record of Buduchnist Credit Union Limited dated November 6, 2018 - Volume 1 of 2
| PDF · Subscribers | |
Application Record of Buduchnist Credit Union Limited dated November 6, 2018 - Volume 2 of 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., “2321197 Ontario Inc. - 87 Elm Grove Avenue et al.” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 20 September 2026, https://proceedings.ca/case/2321197-ontario-inc-87-elm-grove-avenue