Proceedings.

2618909 Ontario Limited and The Hypoint Company Limited

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Closed
Proceeding
Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
File
CV-22-00678808-00CL
Filings held22
Last activity31 May 2024
On the record1,424 days
Secured debtSubscribers
OverviewSummary updated

2618909 Ontario Limited and The Hypoint Company Limited are in an active receivership brought under BIA s. 243 and the provincial Judicature Act. The receivership property, 59 Roy Blvd., Brantford, carries first and second mortgages held by Bruce Lubelsky and a group of second mortgagees (Delrin Investments Inc., Samuel Stern, Harvey Kessler and Richard Goldberg), together approximately $5.3 million per an October 28, 2022 endorsement, plus a third mortgage of unstated amount held by 2767888 Ontario Inc. Hypoint's HVAC equipment secures a roughly $780,000 loan from Canadian Equipment Financing and Leasing Inc., guaranteed by 2618909 Ontario Limited. Thomas Bock holds an unquantified PPSA registration against remaining cannabis-business chattels. ADD Capital Inc.'s forklift security has been resolved, with the collateral released. Realty tax arrears owed to the City of Brantford remain unpaid by the Receiver and continue to accrue pending sale of the property.

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Case updates21 dated entries · 1 undated

18 earlier updates, back to 28 October 2022 subscribers.

Undated filings1 — no date appears on the document · show

1 filings carry no date on their face — subscribers.

Parties

Debtor

2618909 Ontario Limited and The Hypoint Company Limited

Receiver

msi Spergel inc.

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice PennyOntario Superior Court of Justice3 orders, May 2023179 cases on record
Justice BlackOntario Superior Court of Justice2 orders, Apr 2024 – May 2024176 cases on record
Justice CavanaghOntario Superior Court of Justice2 orders, Oct 2023288 cases on record
Justice OsborneOntario Superior Court of Justice2 orders, Oct 2022 – Nov 2022146 cases on record

Counsel of record

PartyCounselFirst seenSource
ApplicantGoldman Sloan Nash & Haber LLP16 May 2022Application · 16 May 2022
Debtor2618909 Ontario Limited and The Hypoint Company LimitedTeplitsky, Colson LLP22 Jun 2022Application · 22 Jun 2022
CreditorCanadian Equipment Finance and Leasing IncGoldman Sloan Nash & Haber LLP29 Aug 2022Factum · 29 Aug 2022
CreditorDelrin Investment IncProfessional Corporation22 Jun 2022Application · 22 Jun 2022
CreditorDelrin Investments Inc. and Bruce LubelskyProfessional Corporation22 Jun 2022Affidavit · 22 Jun 2022
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredBruce Lubelsky (first mortgagee) and Delrin Investments Inc., Samuel Stern, Harvey Kessler, Richard Goldberg (second mortgagees) — collectively 'the Mortgagees'as of Endorsement of Justice Osborne dated October 28, 2022 — First and second mortgages registered against title to the Real Property at 59 Roy Blvd., Brantford, Ontario — Endorsement states 'the mortgages were in the approximate amount of $5.3 million' — an approximate, aggregated figure combining the first and second mortgages with no individual breakdown given; excludes the separate third mortgage held by 2767888 Ontario Inc. — debtor: 2618909 Ontario Limited (909)$5.3MMotion Record dated May 5, 2023

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.

5 more claims across lower-ranking classes

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RecoveriesAs stated in the filings

Canada Revenue Agency: a distribution.Motion Record · 26 Sep 2023

ClassCreditorClaimsRecoveryBasisSource
Deemed trustCanada Revenue Agencya distributionMotion Record · 26 Sep 2023
SecuredBruce Lubelskya distributioninterimMotion Record · 26 Sep 2023
SecuredDelrin Investments Inc., Samuel Stern, Harvey Kessler, and Richard Goldberga distributionMotion Record · 26 Sep 2023
SecuredRichard Goldberga distributionMotion Record · 26 Sep 2023

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

7 stated figures across 4 outcomes, each sourced

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Fees and ratesAs stated in the filings

4 engagements · 4 firmslatest: RECON, 3 Apr – 30 Aug 2023Motion Record · 26 Sep 2023

FirmPeriodHoursFeesRatesSource
(firm not named)capacity not statedfirm not named in the heading••••••Motion Record · 5 May 2023
RECONCounsel to the receiver3 Apr – 30 Aug 2023Sought••••••1 personMotion Record · 26 Sep 2023
Reconstruct LLPCounsel1 Jan 2022 – 31 Mar 2023••••••Motion Record · 5 May 2023
msi SpergelReceiver••••••Motion Record · 5 May 2023

15 stated figures across 4 engagements, each sourced

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Documents
22 filings
DateDocumentFile
Endorsement of the Honourable Justice Black dated May 31, 2024
  • Presiding officer Justice Black
PDF · Subscribers
Endorsement of the Honourable Justice Black dated April 3, 2024
  • Presiding officer Justice Black
PDF · Subscribers
Distribution and Discharge Order dated October 3, 2023
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Endorsement of the Honourable Justice Cavanagh dated October 3, 2023
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Factum of the Receiver dated October 2, 2023PDF · Subscribers
Motion Record dated September 26, 2023
  • Recovery outcome Entries: per unstated; per unstated; per unstated; per unstated · Stated on: 2023-09-26 · Table missing:
  • Fee schedule Subscribers
PDF · Subscribers
Ancillary Order dated May 12, 2023
  • Presiding officer Justice Penny
PDF · Subscribers
Approval and Vesting Order dated May 12, 2023
  • Presiding officer Justice Penny
PDF · Subscribers
Endorsement of Justice Penney dated May 12, 2023
  • Presiding officer Justice Penney
PDF · Subscribers
Motion Record dated May 5, 2023
  • Fee schedule · Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Receivership Order dated November 14, 2022
  • Commencement date 28 October 2022
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no CV-22-00678808-00CL
  • Presiding officer Justice Osborne
  • + 1 more extracted fact
PDF · Subscribers
Endorsement of the Honourable Justice Osborne dated October 28, 2022
  • Presiding officer Justice Osborne
PDF · Subscribers
Devlin-Factum August 31, 2022PDF · Subscribers
Devlin-Affidavit of Richard GoldbergPDF · Subscribers
CEFL Factum August 29, 2022
  • Counsel Goldman Sloan Nash & Haber LLP
PDF · Subscribers
Rockliffe Responding Application RecordPDF · Subscribers
Bock Responding Application Record
  • Counsel Teplitsky, Colson LLP
PDF · Subscribers
Devlin-Affidavit of Roman Rockliffe
  • Counsel RosensteinLaw Professional Corporation
PDF · Subscribers
Devlin-Affidavit of Jack FrymerPDF · Subscribers
CEFL Factum May 16, 2022PDF · Subscribers
CEFL-Supplementary Application Record
  • Counsel Goldman Sloan Nash & Haber LLP
PDF · Subscribers
CEFL-Application RecordPDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “2618909 Ontario Limited and The Hypoint Company Limited” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/2618909-ontario-limited-and-the-hypoint-company-limited

Sources last checked · summary updated 13 August 2026 · Report a correction · Printed from proceedings.ca/case/2618909-ontario-limited-and-the-hypoint-company-limited

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.