2616766 Ontario Limited

2616766 Ontario Limited has been under court-appointed receivership since April 17, 2025, when the Ontario Superior Court of Justice (Commercial List) appointed KSV Restructuring Inc. as Receiver and Manager on the application of Cerruti Investments Inc., under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act (file CV-25-00738703-00CL). The stated purpose was to maximize the value of the debtor's real property through a Court-supervised sale process. The Court approved sale and claims processes on September 9, 2025, with claims due by 5:00 p.m. on October 9, 2025. On March 11, 2026 the Court approved a sale to Cerruti Investments Inc. and 6500 Cantelon Drive Inc. The Receiver's Fourth Report, dated June 21, 2026, records that the transaction closed, construction lien claims were settled and distributions were made to Laminar and the lien claimants. A further order followed on June 25, 2026.