2321985 Ontario Inc. and 2321986 Ontario Inc.

Active

Proceeding: Receivership (court-appointed)section 246(2)
Court: Ontario Superior Court of Justice

Filings held4

Last activity17 Oct 2014

On the record4,641 days

OverviewSummary updated 24 August 2026

2321985 Ontario Inc. and 2321986 Ontario Inc. are the subject of insolvency proceedings in the Ontario Superior Court of Justice, commenced January 6, 2014 on the application of the Business Development Bank of Canada, with The Fuller Landau Group Inc. as the court-appointed officer. The Business Development Bank of Canada holds a secured claim of $2,211,472.99 and the Township of Georgian Bay a secured claim of $285,000. Unsecured claims against 2321985 Ontario Inc. include shareholder loans of $2,094,472.12 and $1,058,000 owed to B. Pad Ltd. The proceeding remains active.

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Case updates4 dated entries

17 Oct 2014

#Report

The officer filed report no. Final Report. The receivership has concluded with all assets realized to the extent possible and all administrative tasks completed.

Source: Receiver's Final Report

21 Jul 2014

#Report

Receiver's First Report — Court officer report

PDF · Subscribers

6 Jan 2014

#Filing

Marks the January 6, 2014 commencement on the application of the Business Development Bank of Canada under section 245(1).

Source: amended 245 report

1 earlier update, back to 6 January 2014 — subscribers.

Parties

Debtor

2321985 Ontario Inc. and 2321986 Ontario Inc.

Receiver

Fuller Landau

Capital structureAs asserted in the filings

Priority class	Creditor	Amount	Source
Secured	BDC (Business Development Bank of Canada) · in 44 casesGeneral Security Agreements dated January 7, 2004 and a first-ranking mortgage against the land and buildings operating as Christie Inn — debtor: 2321985 Ontario Inc. and 2321986 Ontario Inc. · as of 6 Jan 2014	$2.21M	amended 245 report

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.

7 more claims across lower-ranking classesSubscribe to view⁠

Estate financialsReported figures — never derived

Cumulative receipts

$662K

As at 17 Oct 2014Receiver's Final Report

3 more reported figures, as at 17 Oct 2014Subscribe to view⁠

Documents4 filings

Date	Document	File
17 Oct 2014	Receiver's Final Report Operational summary The receivership has concluded with all assets realized to the extent possible and all administrative tasks completed. Cash on hand · Disbursements · Financial position Subscribers + 4 more extracted facts	PDF · Subscribers

21 Jul 2014	Receiver's First Report Appointee The Fuller Landau Group Inc. Appointee role Court-Appointed Receiver Proceeding type receivership_court Statutory basis section 246(2)	PDF · Subscribers

21 Feb 2014	amended 245 report Applicant Business Development Bank of Canada Appointee The Fuller Landau Group Inc. Appointee role receiver Commencement date 6 January 2014 + 4 more extracted facts	PDF · Subscribers

6 Jan 2014	initial order Applicant Business Development Bank of Canada Appointee role receiver Court SUPERIOR COURT OF JUSTICE Province ONTARIO	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., “2321985 Ontario Inc. and 2321986 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/2321985-ontario-inc-and-2321986-ontario-inc