Proceedings.

2454934 Ontario Inc. o/a Olympic Roadside et al

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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-25-00003076-0000
Filings held5
Last activity23 Jun 2026
On the record375 days
Secured debtSubscribers
OverviewSummary updated

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.

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Case updates5 dated entries

2 earlier updates, back to 11 September 2025 subscribers.

Parties

Debtor

2454934 Ontario Inc. o/a Olympic Roadside et al

Receiver

msi Spergel inc.

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice WilkinsonOntario Superior Court of Justice1 order, Sep 20259 cases on record

Counsel of record

PartyCounselFirst seenSource
Receivermsi Spergel inc.Aird & Berlis LLP23 Jun 2026Factum · 23 Jun 2026
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredThe Toronto-Dominion Bank · in 111 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$1.29MApplication Record of the Applicant dated June 12, 2025

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.

2 more claims across lower-ranking classes

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Documents5 filings
DateDocumentFile
Factum of the Receiver dated June 23, 2026
  • Counsel Aird & Berlis LLP
PDF · Subscribers
Motion Record of the Receiver dated June 22, 2026PDF · Subscribers
Order of the Honourable Justice Wilkinson dated September 11, 2025
  • Applicant THE TORONTO-DOMINION BANK
  • Appointee msi Spergel inc.
  • Appointee role receiver and manager
  • Commencement date 11 September 2025
  • + 4 more extracted facts
PDF · Subscribers
Endorsement of the Honourable Justice Mandhane dated July 17, 2025
  • Presiding officer Justice Mandhane
PDF · Subscribers
Application Record of the Applicant dated June 12, 2025
  • Applicant THE TORONTO-DOMINION BANK
  • Appointee msi Spergel inc.
  • Appointee role Receiver
  • Commencement date 3 June 2025
  • + 7 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., “2454934 Ontario Inc. o/a Olympic Roadside et al” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/2454934-ontario-inc-o-a-olympic-roadside-et-al

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/2454934-ontario-inc-o-a-olympic-roadside-et-al

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.