2373687 Ontario Inc.
- Proceeding
- Receivership (court-appointed)section 243 of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended, and under section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43
- File
- CV-17-586126-00CL
2373687 Ontario Inc. was placed in court-appointed receivership on 2017-12-15 by the Ontario Superior Court of Justice (Commercial List), under court file no. CV-17-586126-00CL, on the application of Kawartha Credit Union Limited under section 243 of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. The Fuller Landau Group Inc. was appointed receiver. Kawartha Credit Union Limited holds a first mortgage over the trailer park; per its payout statement, total indebtedness was $4,383,201.26 as of July 31, 2019. The receivership is active.
The court granted an approval and vesting order for the sale to Mariposa Woods Inc. Closing terms, as extracted: Vesting effective upon delivery of the Receiver's Certificate confirming payment of the Purchase Price and satisfaction of closing conditions.
Source: Kawartha Credit Union Signed Vesting Order - December 9 2020
The officer filed report no. Supplement to the Second Report. The Receiver is finalizing approvals and arranging a contractor to complete rectification construction (septic, water line and stormwater work) at the Mariposa Creek Estates trailer park, after which it intends to commence a marketing and sale process for the property before year end.
The court made the receivership order on 2017-12-15, appointing The Fuller Landau Group Inc. as receiver.
Source: Appointment Order
Kawartha Credit Union Limited filed its application for the appointment of a receiver on November 10, 2017.
Source: KCU Application Record - Returnable November 14, 2017 - Part 1
KCU Application Record - Returnable November 14, 2017 - Part 2 — Application / notice of application
Debtor
2373687 Ontario Inc.
Receiver
Fuller Landau
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Penny | Ontario Superior Court of Justice | 3 orders, Sep 2019 – Mar 2022 | 196 cases on record |
| Justice Conway | Ontario Superior Court of Justice | 3 orders, Dec 2017 – Aug 2020 | 310 cases on record |
| Justice Gilmore | Ontario Superior Court of Justice | 2 orders, Dec 2020 | 68 cases on record |
| Justice Pattillo | Ontario Superior Court of Justice | 2 orders, Apr 2018 – May 2018 | 75 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverFuller Landau | Paliare Roland Rosenberg Rothstein LLP | 9 Dec 2020 | Order · 9 Dec 2020 |
| Applicant | Blaney McMurtry LLP | 10 Nov 2017 | Application · 10 Nov 2017 |
| CreditorKawartha Credit Union Limited and The Fuller Landau Group Inc | Blaney McMurtry LLP | 5 Jun 2019 | Order · 10 Aug 2020 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Kawartha Credit Union Limited (KCU) · in 2 casesFirst mortgage over the Trailer Park (Mortgage No. 701 - original loan plus interest; Mortgage No. 702 - costs, expenses paid by KCU from Sept 15, 2017 to May 30, 2019, and Receiver's borrowings to May 16, 2019, plus interest) — Payout statement dated August 8, 2019, effective as of July 31, 2019; amount is total indebtedness per KCU Payout Statement — debtor: 2373687 Ontario Inc. · as of 31 Jul 2019 | $4.38M | Supplement to the Second Report, with Appendices |
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.
Sale approved — Transaction approved and Purchased Assets to vest in Purchaser upon delivery of Receiver's CertificateKawartha Credit Union Signed Vesting Order - December 9 2020 · 9 Dec 2020
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Mariposa Woods Inc.the assets and real property described in the APA (the 'Purchased Assets') · real property · agreement 3 Nov 2020 | not stated | Approved9 Dec 2020 | Kawartha Credit Union Signed Vesting Order -… |
2 engagements · 1 firm — latest: The Fuller Landau Group Inc., to 31 Mar 2019, in feesReceiver's Motion Record (Volume V of V) · 5 Jun 2019
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| The Fuller Landau Group Inc.Receiverperiod 2 of 2 | to 31 Mar 2019 | 11 people | Receiver's Motion Record (Volume V of V) · 5 Jun 2019 | ||
11 people — The Fuller Landau Group Inc., to 31 Mar 2019 · 36 blurred figures | |||||
| The Fuller Landau Group Inc.Receiverperiod 1 of 2 | to 31 Dec 2017 | — | 4 people | Receiver's Motion Record (Volume V of V) · 5 Jun 2019 | |
49 blurred figures above
What the firm billed, and each person’s hours and rate — each as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Endorsement of Justice Penny
| PDF · Subscribers | |
Kawartha Order-Receiver
| PDF · Subscribers | |
| Receiver's Motion Record | PDF · Subscribers | |
Kawartha Credit Union Signed Approval Order - December 9 2020
| PDF · Subscribers | |
Kawartha Credit Union Signed Vesting Order - December 9 2020
| PDF · Subscribers | |
| Receiver's Motion Record returnable December 3, 2020 | PDF · Subscribers | |
Approval Order Justice Conway J - August 10 2020
| PDF · Subscribers | |
| Receiver's Motion Record - August 10 2020 | PDF · Subscribers | |
| Approval Order | PDF · Subscribers | |
Endorsement of Justice Hainey
| PDF · Subscribers | |
| Receiver's Motion Record - Part 1 | PDF · Subscribers | |
| Receiver's Motion Record - Part 2 | PDF · Subscribers | |
| Endorsement of Justice Dietrich October 15, 2019 | PDF · Subscribers | |
| Marketing and Sales Process Order - Justice Dietrich | PDF · Subscribers | |
| Receiver's Motion Record Part 1 of 2 | PDF · Subscribers | |
Receiver's Motion Record Part 2 of 2
| PDF · Subscribers | |
Issued and entered Order of Justice Penny
| PDF · Subscribers | |
Supplement to the Second Report, with Appendices
| PDF · Subscribers | |
Endorsement of Justice Dietrich
| PDF · Subscribers | |
Receiver's Motion Record (Volume I of V)
| PDF · Subscribers | |
| Receiver's Motion Record (Volume II of V) | PDF · Subscribers | |
| Receiver's Motion Record (Volume III of V) | PDF · Subscribers | |
Receiver's Motion Record (Volume IV of V)
| PDF · Subscribers | |
Receiver's Motion Record (Volume V of V)
| PDF · Subscribers | |
Endorsement of Justice Pattillo
| PDF · Subscribers | |
Transcribed Endorsement of Justice Pattillo
| PDF · Subscribers | |
| Receiver's Motion Record - Returnable April 18, 2018 | PDF · Subscribers | |
Appointment Order
| PDF · Subscribers | |
Endorsement of Justice Conway
| PDF · Subscribers | |
KCU Application Record - Returnable November 14, 2017 - Part 1
| PDF · Subscribers | |
KCU Application Record - Returnable November 14, 2017 - 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., “2373687 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/2373687-ontario-inc