Proceedings.

2381939 Ontario Inc. oa The Market on Stoney Lake and Stoney Lake Market

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Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
File
CV-25-00749518-00CL
Filings held8
Last activity16 Dec 2025
On the record324 days
Secured debtSubscribers
OverviewSummary updated

2381939 Ontario Inc., operating as The Market on Stoney Lake and Stoney Lake Market, is in a court-appointed receivership under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority, and the proceeding remains active. The Receiver has not been provided with the Debtor's books and records and cannot confirm the balance of its assets and liabilities; total assets are shown as unknown in the Notice, and the net book value of the real property is unknown pending appraisal. Royal Bank of Canada is a secured creditor in the amount of $672,370. VendorLender Funding Corp holds security registered under the PPSA in an amount the Receiver cannot yet quantify, and expects to better understand that creditor's position once records are obtained. The Receiver estimates, from the Application Record, approximately $25,000 in outstanding property taxes owing to the Township of Douro-Dummer, with total unsecured claims listed as unknown.

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Case updates8 dated entries
Parties

Debtor

2381939 Ontario Inc. oa The Market on Stoney Lake and Stoney Lake Market

Receiver

GlassRatner

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice CavanaghOntario Superior Court of Justice2 orders, Dec 2025318 cases on record

Counsel of record

PartyCounselFirst seenSource
ApplicantRoyal Bank of CanadaAird & Berlis LLP16 Dec 2025Service list · 16 Dec 2025
CreditorRoyal Bank of CanadaAird & Berlis LLP12 Dec 2025Factum · 12 Dec 2025
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredRoyal Bank of Canada · in 584 casesdebtor: 2381939 Ontario Inc.$672KNotice and Statement of Receiver
4Secured
8Unsecured

2 more claims in 2 classes The stack holds Secured and Unsecured claims.

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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.

Documents8 filings
DateDocumentFile
Endorsement of Justice Cavanagh
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Notice and Statement of Receiver
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Receivership Appointment Order
  • Applicant Royal Bank of Canada
  • Appointee GlassRatner Restructuring Inc.
  • Appointee role receiver
  • Commencement date 16 December 2025
  • + 6 more extracted facts
PDF · Subscribers
Service List (December 16, 2025) – PDF
  • Counsel Aird & Berlis LLP
PDF · Subscribers
Service List (December 16, 2025) – WordPDF · Subscribers
Factum of the Applicant
  • Counsel Aird & Berlis LLP
PDF · Subscribers
Endorsement of Justice Kimmel
  • Presiding officer Justice Kimmel
PDF · Subscribers
Application Record
  • Applicant ROYAL BANK OF CANADA
  • Appointee B. Riley Farber Inc.
  • Appointee role Receiver
  • Court SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • + 3 more extracted facts
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., “2381939 Ontario Inc. oa The Market on Stoney Lake and Stoney Lake Market” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/2381939-ontario-inc-oa-the-market-on-stoney-lake-and-stoney-lake-market

Sources last checked · summary updated 11 August 2026 · Report a correction · Printed from proceedings.ca/case/2381939-ontario-inc-oa-the-market-on-stoney-lake-and-stoney-lake-market

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.