Proceedings.

2700455 Ontario Inc Hanover Esso

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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
Filings held8
Last activity22 Jun 2026
On the record483 days
Secured debt$3.9M
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.

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Case updates9 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

Interim order granted Monday, May 26, 2025, opening the receivership in the Ontario Superior Court of Justice under 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

JudgeCourtOn this docketCases on record
Justice PetersenOntario Superior Court of Justice1 order, Jun 20263 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverMNPChaitons LLP16 Mar 2026Order · 16 Mar 2026
ApplicantBank of MontrealMiller Thomson LLP26 May 2025Order · 26 May 2025
Capital structureAs asserted in the filings
#Priority classCreditorAmountSource
4SecuredBank of Montreal · in 279 casesEstimated amount owed; approximate figure ('$3.9 million') as stated by Receiver — debtor: 2700455 Ontario Inc. o/a Hanover Esso$3.9M245 Notice and Statement of Receiver
4SecuredGlobal FuelsAmount owed listed as 'TBD' (to be determined) by Receiver — debtor: 2700455 Ontario Inc. o/a Hanover Esso245 Notice and Statement of Receiver
4SecuredParkland Corporation · in 14 casesAmount owed listed as 'TBD' (to be determined) by Receiver — debtor: 2700455 Ontario Inc. o/a Hanover Esso245 Notice and Statement of Receiver
8UnsecuredGlobal Fuels Inc. · in 2 casesAlso listed on page 1 as holding security in the Property (amount TBD); claim amount here listed as 'unknown' — debtor: 2700455 Ontario Inc.245 Notice and Statement of Receiver
8UnsecuredMr.Sub, a division of MTY Franchising Inc.Claim amount listed as 'unknown' — debtor: 2700455 Ontario Inc.245 Notice and Statement of Receiver
8UnsecuredEnbridge Gas Distribution – OntarioClaim amount listed as 'unknown' — debtor: 2700455 Ontario Inc.245 Notice and Statement of Receiver
8UnsecuredHydro One Networks Inc. · in 48 casesClaim amount listed as 'unknown' — debtor: 2700455 Ontario Inc.245 Notice and Statement of Receiver
8UnsecuredOntario Ministry of Finance · in 43 casesClaim amount listed as 'unknown'; regulatory/tax authority — debtor: 2700455 Ontario Inc.245 Notice and Statement of Receiver
8UnsecuredCanada Revenue Agency · in 926 casesClaim amount listed as 'unknown'; Receiver notes it has limited Company books and records — debtor: 2700455 Ontario Inc.245 Notice and Statement of Receiver
8UnsecuredTown of HanoverClaim amount listed as 'unknown' — debtor: 2700455 Ontario Inc.245 Notice and Statement of Receiver
8UnsecuredParkland Corporation · in 14 casesAlso listed on page 1 as holding security in the Property (amount TBD); claim amount here listed as 'unknown' — debtor: 2700455 Ontario Inc.245 Notice and Statement of Receiver

“not stated” means the record names the claim without a figure; “” means not in the extracted record.

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.

Sale processAs stated in the filings

Approval pendingReceiver accepted the bid submitted by the Purchaser and proceeded to finalize the APA, requesting Court approval of the TransactionSecond Court Report · 11 Jun 2026

Parties solicited

29

Second Court Report

NDAs signed

20

Second Court Report

Qualified bids

11

Second Court Report

PurchaserPriceStatusSource
Global Fuels Properties Inc.Related partyall 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 2026Sealedpurchase price redacted in APA; disclosed in Confidential SupplementApproved22 Jun 2026Approval 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

$72K

As at 11 Jun 2026Second Court Report

Cash on hand

$38.5K

As at 11 Jun 2026Second Court Report

Professional fees to date

$107K

As at 11 Jun 2026Second Court Report

Documents8 filings
DateDocumentFile
Approval and Vesting Order
  • Purchaser 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 · approved
  • Sealed items Confidential Supplement to the Second Report
PDF
Distribution and Ancillary Relief Order
  • Presiding officer Justice Petersen
PDF
Second Court Report
  • Cash on hand $38.5K · Note: Reported exclusive of the deposit paid by the Purchaser, to preserve confidentiality of the contemplated sale until completion. · As at: 2026-05-15 · Qualifier: exclusive of Purchaser's deposit
  • Disbursements $72K · Note: Primarily for insurance, repairs and maintenance, utilities and security, per Interim Statement of Receipts and Disbursements as at May 15, 2026.
  • Operational summary 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.
  • Process results 29 solicited · 20 NDAs · 11 qualified bids · as of 24 Apr 2026
  • + 6 more extracted facts
PDF
Order of Justice McGee
  • Counsel Chaitons LLP
  • Order date 16 March 2026
  • Presiding officer Justice McGee
  • Sale outcome Sale process approved — the Sale Process is hereby approved
PDF
First Court Report
  • Applicant BANK OF MONTREAL
  • Appointee MNP Ltd.
  • Appointee role receiver and manager
  • Commencement date 26 May 2025
  • + 7 more extracted facts
PDF
245 Notice and Statement of Receiver
  • Secured creditors Note: Amount owed listed as 'TBD' (to be determined) by Receiver · Page: 1 · Debtor: 2700455 Ontario Inc. o/a Hanover Esso · Creditor: Parkland Corporation · Currency: CAD
  • Unsecured creditors per Creditor List (Schedule A) of known/expected creditors, unaudited, provided by Receiver — Claim amount listed as 'unknown'
PDF
Appointment CertificatePDF
Order of Justice Mandhane
  • Applicant BANK OF MONTREAL
  • Appointee MNP Ltd.
  • Appointee role receiver and manager
  • Commencement date 26 May 2025
  • + 6 more extracted facts
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “2700455 Ontario Inc Hanover Esso” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/2700455-ontario-inc-hanover-esso

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/2700455-ontario-inc-hanover-esso

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.