Proceedings.

2442931 Ontario Inc.

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Active
Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
File
CV-18-00610995-00CL
Filings held30
Last activity23 Jul 2020
On the record2,831 days
Secured debtSubscribers
OverviewSummary updated

2442931 Ontario Inc. has been in court-appointed receivership since December 21, 2018, when the Ontario Superior Court of Justice appointed Alvarez & Marsal Canada Inc. receiver on the application of the Bank of Montreal, as administrative agent, under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. The Sisters of St. Joseph, for the Diocese of Toronto, In Upper Canada hold two charges against St. Michael's Hospital, registered February 7, 2006 for original principal sums of $14,000,000 and $21,000,000 and amended by agreements registered June 23, 2010 and May 2, 2011. The proceeding is carried on court file CV-18-00610995-00CL and remains active.

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Case updates31 dated entries

28 earlier updates, back to 21 December 2018 subscribers.

Parties

Debtor

2442931 Ontario Inc.

Receiver

Alvarez & Marsal

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice ConwayOntario Superior Court of Justice8 orders, Apr 2020 – Jun 2020285 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverAlvarez & MarsalBlake, Cassels & Graydon LLP23 Jul 2020Service list · 23 Jul 2020
ApplicantBank of Montreal, as Administrative AgentChaitons LLP23 Jul 2020Service list · 23 Jul 2020
CreditorErnst & Young IncNorton Rose Fulbright Canada LLP23 Jul 2020Service list · 23 Jul 2020
CreditorInfrastructure OntarioCassels Brock & Blackwell LLP23 Jul 2020Service list · 23 Jul 2020
CreditorNoram Building Systems IncGoodmans LLP23 Jul 2020Service list · 23 Jul 2020
CreditorNORR LimitedWeirFoulds LLP23 Jul 2020Service list · 23 Jul 2020
CreditorOzz Electric IncTorkin Manes LLP23 Jul 2020Service list · 23 Jul 2020
CreditorSafway Services Canada, IncDrudi Alexiou Kuchar LLP23 Jul 2020Service list · 23 Jul 2020
CreditorSt. Michael's Memorial HospitalMcCarthy Tétrault LLP23 Jul 2020Service list · 23 Jul 2020
CreditorTriumph Aluminum and Sheet Metal IncAzevedo & Nelson23 Jul 2020Service list · 23 Jul 2020
CreditorUrban Mechanical Contracting LtdBisceglia & Associates, P.c.23 Jul 2020Service list · 23 Jul 2020
CreditorWSP Canada Group LimitedMcCague Borlack LLP23 Jul 2020Service list · 23 Jul 2020
CreditorZurich Insurance Company LtdLenczner Slaght Royce Smith Griffin LLP23 Jul 2020Service list · 23 Jul 2020
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredBank of Montreal, as Administrative Agent, on behalf of the LendersGeneral Security Agreement over all present and after-acquired property, assets and undertakings of Project Co; Total Commitment under Credit Facility up to aggregate amount of $230,563,776 (facility limit, not balance) — Demand made December 5, 2018 for indebtedness of $230,642,104.52 plus accruing interest, costs, charges and expenses; approximate figure of $230,642,104.52 also stated in prose (para 7, p.10) — debtor: 2442931 Ontario Inc. (Project Co) · as of 5 Dec 2018$231MApplication Record - December 18, 2018 (Part 1)

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.

1 more claim across lower-ranking classes

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Documents
30 filings
DateDocumentFile
Service List (July 23, 2020)
  • Counsel Torkin Manes LLP
PDF · Subscribers
Order (Sealing) (June 22, 2020)
  • Presiding officer Justice Conway
PDF · Subscribers
Endorsement – Case Conference (June 2, 2020)
  • Presiding officer Justice Barbara Conway
PDF · Subscribers
Order (Validation & Substitution of Service on Defendant John Aquino)(June 2, 2020)
  • Presiding officer Justice Conway
PDF · Subscribers
Motion Record of the Moving Party, Unity Health Toronto (Motion for Summary Judgement) (June 1, 2020)(Redacted)PDF · Subscribers
Notice of Motion of Unity Health Toronto (May 22, 2020)PDF · Subscribers
Notice of Motion of Urban Mechanical (May 22, 2020)PDF · Subscribers
Endorsement – Case Conference (May 5, 2020)
  • Presiding officer Justice Barbara Conway
PDF · Subscribers
Endorsement of Justice Conaway – Case Conference (April 23, 2020)
  • Presiding officer Justice Conaway
PDF · Subscribers
Motion Record of Zurich Insurance Company Ltd. (Redacted) (April 17, 2020) – Part 1 of 3PDF · Subscribers
Motion Record of Zurich Insurance Company Ltd. (Redacted) (April 17, 2020) – Part 2 of 3PDF · Subscribers
Motion Record of Zurich Insurance Company Ltd. (Redacted) (April 17, 2020) – Part 3 of 3PDF · Subscribers
Supplementary Motion Record (Redacted) (April 16, 2020)PDF · Subscribers
April 6, 2020 Case Management Conference - Email to Justice Conway from Counsel to SMH (April 5, 2020)
  • Presiding officer Justice Conway
PDF · Subscribers
Endorsement of Justice Conway – Case Conference (April 6, 2020)
  • Presiding officer Justice Conway
PDF · Subscribers
April 6 Case Conference – Email to Justice Conway from Counsel to Zurich (April 5, 2020)PDF · Subscribers
April 2, 2020 Case Conference – Email to Justice Conway from Counsel to SMH (April 1, 2020)PDF · Subscribers
April 2, 2020 Case Conference – Email to Justice Conway from Counsel to Zurich (April 1, 2020)PDF · Subscribers
Endorsement of Justice Conway – Case Conference (April 2, 2020)
  • Presiding officer Justice Conway
PDF · Subscribers
Motion Record of Unity Health Toronto and BMO (without Sealed Exhibits) (March 6, 2020)PDF · Subscribers
Endorsement (December 20, 2019)PDF · Subscribers
Motion Record of Unity Health (returnable December 20, 2019)PDF · Subscribers
Order (December 20, 2019)PDF · Subscribers
Appointment Order (December 21, 2018)
  • Applicant BANK OF MONTREAL, AS ADMINISTRATIVE AGENT
  • Appointee Alvarez & Marsal Canada Inc.
  • Appointee role receiver
  • Commencement date 21 December 2018
  • + 5 more extracted facts
PDF · Subscribers
Endorsement (December 21, 2018)PDF · Subscribers
Application Record - December 18, 2018 (Part 1)
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Application Record - December 18, 2018 (Part 2)PDF · Subscribers
Application Record - December 18, 2018 (Part 3)
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Application Record - December 18, 2018 (Part 4)
PDF · Subscribers
Statement of Defence, Counterclaim and Crossclaim of Unity Health Toronto – Zurich v. 2442931 Ontario Inc.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., “2442931 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/2442931-ontario-inc

Sources last checked · summary updated 1 September 2026 · Report a correction · Printed from proceedings.ca/case/2442931-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.