Proceedings.

2407553 Ontario Inc., 2384648 Ontario Inc., 2384646 Ontario Inc., 2400196 Ontario Inc. and 2396139 Ontario Inc.

ClosedFollow
Proceeding
Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
Filings held23
Last activity1 Nov 2021
On the record2,213 days
Secured debtSubscribers
OverviewSummary updated

2407553 Ontario Inc., 2384648 Ontario Inc., 2384646 Ontario Inc., 2400196 Ontario Inc. and 2396139 Ontario Inc. were placed in court-appointed receivership on October 14, 2020 under s. 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority in the Ontario Superior Court of Justice. The proceeding is closed. Records dated October 22, 2020 show Marchant Realty Partners Inc., as Agent, owed CAD 7,365,722, secured against five Niagara Falls properties: 4100 Bridge Street; 4122 Bridge Street and 4538 Cataract Avenue; 4299 Queen Street; and 4551 Zimmerman Avenue. Unsecured claims listed in Appendix A were led by City of Niagara Falls municipal taxes on five separate tax rolls, the largest at CAD 87,731.60, followed by CAD 35,738.67, CAD 15,509.76, CAD 9,151.32 and CAD 4,014.97, with Enbridge Gas Distribution claiming CAD 3,749.77 against 2400196 Ontario Inc. Property management and service claims from Esbin Property Management Inc., Livingstone Home Solutions and Milborne Real Estate follow, along with nominal claims by related entities.

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Case updates23 dated entries
Parties

Debtor

2407553 Ontario Inc., 2384648 Ontario Inc., 2384646 Ontario Inc., 2400196 Ontario Inc. and 2396139 Ontario Inc.

Receiver

Zeifmans

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice CavanaghOntario Superior Court of Justice16 orders, Dec 2020 – Nov 2021318 cases on record
Justice GilmoreOntario Superior Court of Justice2 orders, Aug 2020 – Oct 202068 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverZeifmansMoncur Mowbray LLP · Dentons Canada LLP18 Dec 2020Order · 1 Nov 2021
Debtor2407553 Ontario Inc., 2384648 Ontario Inc., 2384646 Ontario Inc., 2400196 Ontario Inc. and 2396139 Ontario Inc.Aird & Berlis LLP26 Nov 2020Service list · 26 Nov 2020
CreditorAndrzej Kepinski, GuarantorFriedmans Law Firm26 Nov 2020Service list · 26 Nov 2020
CreditorMarchant Realty Partners Inc., as agentDentons Canada LLP14 Oct 2020Order · 14 Oct 2020
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredMarchant Realty Partners Inc., as Agent · in 3 casesSecurity on the properties: 4100 Bridge Street, Niagara Falls; 4122 Bridge Street & 4538 Cataract Avenue, Niagara Falls; 4299 Queen Street, Niagara Falls; 4551 Zimmerman Avenue, Niagara Falls — debtor: 2407553 Ontario Inc., 2384648 Ontario Inc., 2384646 Ontario Inc., 2400196 Ontario Inc. and 2396139 Ontario Inc. · as of 22 Oct 2020$7.37MNotice and Statement of the Receiver
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

23 more claims in 1 class The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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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.

RecoveriesAs stated in the filings

Secured creditors: shortfall.EstimatedRedacted First Report of the Receiver · 8 Dec 2020

ClassCreditorClaimsRecoveryBasisSource
Secured——shortfallEstimatedper the receiverRedacted First Report of the Receiver · 8 Dec 2020

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.

Fees and ratesAs stated in the filings

1 engagement · 1 firm — Dentons Canada LLP, to 30 Nov 2020, in feesRedacted First Report of the Receiver · 8 Dec 2020

FirmPeriodHoursFeesRatesSource
Dentons Canada LLPCounsel to the receiverto 30 Nov 2020not statedRedacted First Report of the Receiver · 8 Dec 2020

2 blurred figures above

What the firm billed — each as the filing states it, with its source.

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Documents
23 filings
DateDocumentFile
Discharge Order
  • Counsel Moncur Mowbray LLP
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Endorsement – November 01, 2021
  • Presiding officer Justice Peter Cavanagh
PDF · Subscribers
Endorsement – October 05, 2021
  • Presiding officer Justice Peter Cavanagh
PDF · Subscribers
Motion RecordPDF · Subscribers
Court Order – August 11, 2021
  • Counsel Moncur Mowbray LLP
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Endorsement – August 11, 2021
  • Presiding officer Justice Peter Cavanagh
PDF · Subscribers
Costs Endorsement
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Administration Order
  • Counsel Dentons Canada LLP
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Approval and Vesting Order – June 24, 2021
  • Counsel Dentons Canada LLP
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Approval and Vesting Order – June 24, 2021 (2)
  • Counsel Dentons Canada LLP
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Approval and Vesting Order – June 24, 2021 (3)
  • Counsel Dentons Canada LLP
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Endorsement – June 24, 2021
  • Presiding officer Justice Peter Cavanagh
PDF · Subscribers
Endorsement – March 25, 2021
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Sales Process Order
  • Counsel Dentons Canada LLP
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Endorsement – January 07, 2021
  • Presiding officer Justice Peter Cavanagh
PDF · Subscribers
Supplementary Endorsement
  • Presiding officer Justice Peter Cavanagh
PDF · Subscribers
Court Order – December 18, 2020
  • Counsel Dentons Canada LLP
PDF · Subscribers
Endorsement – December 18, 2020
  • Presiding officer Justice Peter Cavanagh
PDF · Subscribers
Redacted First Report of the Receiver
  • Recovery outcome Entries: per estimated · Table missing:
  • Fee schedule Subscribers
PDF · Subscribers
Service List
  • Counsel Dentons Canada LLP
PDF · Subscribers
Notice and Statement of the Receiver
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Order of Justice Gilmore
  • Counsel Dentons Canada LLP
  • Presiding officer Justice Gilmore
PDF · Subscribers
Endorsement of Justice Gilmore
  • Presiding officer Justice Gilmore
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., “2407553 Ontario Inc., 2384648 Ontario Inc., 2384646 Ontario Inc., 2400196 Ontario Inc. and 2396139 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/2407553-ontario-inc-2384648-ontario-inc-2384646-ontario-inc-2400196-ontario-inc-

Sources last checked · summary updated 14 August 2026 · Report a correction · Printed from proceedings.ca/case/2407553-ontario-inc-2384648-ontario-inc-2384646-ontario-inc-2400196-ontario-inc-

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.