2471196 Ontario Ltd.
Follow- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- File
- CL-26-00000252-0000
- Industry
- Retail · Apparel, footwear & jewellery retail
2471196 Ontario Ltd. is in court-appointed receivership in Ontario, with Grant Thornton Limited as receiver and manager over the company, on the application of Royal Bank of Canada under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. The proceeding was commenced on September 1, 2026 in the Ontario Superior Court of Justice, court file CL-26-00000252-0000. RBC's claim stood at CAD $678,678.46 as at May 6, 2026, comprising term loans of $24,926.81, $195,626.69 and $447,286.09 and a credit card facility of $10,838.87. A demand letter and notice of intention to enforce security dated March 24, 2026 put the total at $676,071.02 as at that date. The bank relies on a general security agreement dated April 1, 2022 over all present and after-acquired personal property, perfected PPSA registrations, and first charges on the 69 Lebovic and 101 Lebovic properties with principal amounts of $290,000.00 and $476,250.00.
Debtor
2471196 Ontario Ltd.
Receiver
Doane Grant Thornton
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Dietrich | Ontario Superior Court of Justice | 1 order, Aug 2026 | 125 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| CreditorRoyal Bank of Canada | Harrison Pensa LLP | 15 Jun 2026 | Factum · 15 Jun 2026 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Royal Bank of Canada · in 574 casesGeneral Security Agreement dated April 1, 2022 (all present and after-acquired personal property); 69 Lebovic Mortgage - Charge/Mortgage of Land, principal $290,000.00, instrument AT6043576 registered 2022-04-11, first charge, governed by SCT 9412; 101 Lebovic Mortgage - Charge/Mortgage of Land, principal $476,250.00, instrument AT6092376 registered 2022-05-30, first charge, governed by SCT 20015; perfected PPSA financing statements — Comprised of: Term Loan $24,926.81, Term Loan $195,626.69, Term Loan $447,286.09, Credit Card Facility $10,838.87 (all as at 2026-05-06, per Notice of Applicatio · as of 6 May 2026 | $679K | Application Record dated June 1, 2026.pdf |
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.
| Date | Document | File |
|---|---|---|
Receivership Order dated September 1, 2026.pdf
| PDF · Subscribers | |
Endorsement of Justice Dietrich dated August 11, 2026.pdf
| PDF · Subscribers | |
Book of Authorities dated June 15, 2026.pdf
| PDF · Subscribers | |
Factum dated June 15, 2026.pdf
| PDF · Subscribers | |
Application Record dated June 1, 2026.pdf
| 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., “2471196 Ontario Ltd.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 16 October 2026, https://proceedings.ca/case/2471196-ontario-ltd