#Sale
The court granted an approval and vesting order for the sale to Global Fuels Properties Inc. Sealed: Confidential Supplement to the Second Report.
Source: Approval and Vesting Order
2700455 Ontario Inc Hanover Esso
ActiveFollow
- Proceeding
- Receivership (court-appointed)subsection 243 of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended and section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended
- File
- CV-25-00000117-0000
- Industry
- Retail · Gas stations & convenience stores
OverviewSummary updated
2700455 Ontario Inc. (Hanover Esso) is the subject of a court-appointed receivership in the Ontario Superior Court of Justice (In Bankruptcy and Insolvency), commenced on May 26, 2025 under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. An interim order was granted the same day, Monday, May 26, 2025. The proceeding is carried in Ontario under court file CV-25-00000117-0000 and remains active. No further steps have been recorded on the file.
Proceedings AIOpen Proceedings AI
Case updates8 dated entries
#Report
The officer filed report no. Second Report. The Debtor ceased fuel station operations after losing both its fuel suppliers and has had no active business since; the Receiver has been maintaining, securing and marketing the Real Property, culminating in a sale solicitation process and a proposed sale to Global Fuels Properties Inc.
Source: Second Court Report
#Report
The officer filed report no. First Report. The Respondent's gas station/convenience store/restaurant operations ceased entirely after it lost access to fuel supply due to litigation with Parkland; the Receiver has since secured the vacant Real Property, arranged insurance and utilities, sold remaining fuel in the tanks, and is running a sale solicitation process to sell the assets, including the Real Property. Court file CV-25-00000117-0000.
Source: First Court Report
#Order
A receivership order was granted. Court file CV-25-00000117-0000.
Source: Order of Justice Mandhane
Parties
Debtor
2700455 Ontario Inc Hanover Esso
Receiver
MNP
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Petersen | Ontario Superior Court of Justice | 2 orders, Jun 2026 | 3 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverMNP | Chaitons LLP | 16 Mar 2026 | Order · 16 Mar 2026 |
| ApplicantBank of Montreal | Miller Thomson LLP | 26 May 2025 | Order · 26 May 2025 |
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Bank of Montreal · in 297 casesEstimated amount owed; approximate figure ('$3.9 million') as stated by Receiver — debtor: 2700455 Ontario Inc. o/a Hanover Esso | $3.9M | 245 Notice and Statement of Receiver |
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
10 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount.
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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.
Sale processAs stated in the filings
Approval pending — Receiver accepted the bid submitted by the Purchaser and proceeded to finalize the APA, requesting Court approval of the TransactionSecond Court Report · 11 Jun 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Global Fuels Properties Inc.all of the Debtor's right, title and interest in and to the Purchased Assets described in the APA, including the real property municipally known as 337 2nd Street, Hanover, Ontario · asset sale · agreement 27 Apr 2026 | Subscribers | Approved22 Jun 2026 | Approval and Vesting Order |
Sealed materialsConfidential Supplement to the Second ReportApproval and Vesting Order
Estate financialsReported figures — never derived
Cumulative receipts
$29.7K
As at 11 Jun 2026Second Court Report
Cumulative disbursements
As at
Cash on hand
As at
Professional fees
As at
3 more reported figures
Each one as the filing states it, with its source.
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See all plansDocuments8 filings
| Date | Document | File |
|---|---|---|
Approval and Vesting Order
| PDF · Subscribers | |
Distribution and Ancillary Relief Order
| PDF · Subscribers | |
Second Court Report
| PDF · Subscribers | |
Order of Justice McGee
| PDF · Subscribers | |
First Court Report
| PDF · Subscribers | |
245 Notice and Statement of Receiver
| PDF · Subscribers | |
| Appointment Certificate | PDF · Subscribers | |
Order of Justice Mandhane
| 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., “2700455 Ontario Inc Hanover Esso” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/2700455-ontario-inc-hanover-esso