2454934 Ontario Inc. o/a Olympic Roadside et al
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- File
- CV-25-00003076-0000
2454934 Ontario Inc., operating as Olympic Roadside, is the subject of a court-appointed receivership proceeding in the Ontario Superior Court of Justice (In Bankruptcy and Insolvency), brought under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The proceeding was commenced on June 3, 2025, when a Notice of Application was issued against the company and other named respondents, and is carried under court file number CV-25-00003076-0000. The matter remains active, and no further steps have been recorded.
The court appointed msi Spergel inc. as receiver and manager, on the application of THE TORONTO-DOMINION BANK. Court file CV-25-00003076-0000.
Source: Order of the Honourable Justice Wilkinson dated September 11, 2025
Notice of Application issued, commencing the receivership proceeding against 2454934 Ontario Inc. and the other respondents under court file CV-25-00003076-0000.
Source: Application Record of the Applicant dated June 12, 2025
Debtor
2454934 Ontario Inc. o/a Olympic Roadside et al
Receiver
msi Spergel inc.
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Wilkinson | Ontario Superior Court of Justice | 1 order, Sep 2025 | 10 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Receivermsi Spergel inc. | Aird & Berlis LLP | 23 Jun 2026 | Factum · 23 Jun 2026 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | The Toronto-Dominion Bank · in 122 casesGeneral Security Agreements (PPSA) signed by Olympic and by 267, each dated June 24, 2022; Charge/Mortgage on the Property (5156 Ninth Line, New Tecumseth) registered as Instrument No. SC1911788 on July 6, 2022, in the principal amount of $1,115,000 (registered principal, not a balance), including Standard Charge Terms 8520; Notice of Assignment of Rents-General registered as Instrument No. SC1911789 on July 6, 2022; also supported by an unlimited personal guarantee of advances from Gurdev Singh Tamber a/k/a Ricky Tamber (a director of both Debtors) dated June 24, 2022, and unlimited cross cor · as of 2 Jun 2025 | $1.29M | Application Record of the Applicant dated June 12, 2025 |
| Secured | |||
| Secured |
2 more claims in 1 class The stack holds Secured claims.
Every creditor and every amount, drawn to scale.
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See all plansThis 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.
| Date | Document | File |
|---|---|---|
Factum of the Receiver dated June 23, 2026
| PDF · Subscribers | |
| Motion Record of the Receiver dated June 22, 2026 | PDF · Subscribers | |
Order of the Honourable Justice Wilkinson dated September 11, 2025
| PDF · Subscribers | |
Endorsement of the Honourable Justice Mandhane dated July 17, 2025
| PDF · Subscribers | |
Application Record of the Applicant dated June 12, 2025
| PDF · Subscribers | |
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CiteProceedings., “2454934 Ontario Inc. o/a Olympic Roadside et al” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 5 November 2026, https://proceedings.ca/case/2454934-ontario-inc-o-a-olympic-roadside-et-al