Proceedings.

2864827 Ontario Inc.(Observatory Lane)

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Proceeding
Receivership (court-appointed)Section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
File
CV-25-00741056-00CL
Filings held2
Last activity29 May 2025
On the record517 days
Secured debtSubscribers
OverviewSummary updated

2864827 Ontario Inc. (Observatory Lane) has been before the Ontario Superior Court of Justice (Commercial List) since April 22, 2025, when C & K Mortgage Services Inc. and Canadian Western Trust Company applied in Court File No. CV-25-00741056-00CL, naming Rosen Goldberg Inc. as proposed receiver. C & K, carrying on business as Rescom Capital, claimed $7,301,818.05 as of April 9, 2025 on a first loan secured by a charge registered November 4, 2021, with per diem interest of $2,189.75 accruing. C & K and Canadian Western Trust together claimed $1,744,197.97 on a second loan, with per diem interest of $713.89. Notices of intention to enforce security on both loans were issued on March 6, 2025. Kanan Koohgivi holds a third-ranking charge with a principal amount of $250,000.

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Case updates2 dated entries
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C & K Mortgage Services Inc. and Canadian Western Trust Company brought their application on April 22, 2025, putting forward Rosen Goldberg Inc. as proposed receiver.

Source: Application Record

Parties

Debtor

2864827 Ontario Inc.(Observatory Lane)

Receiver

Rosen Goldberg

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredC & K Mortgage Services Inc. (c/o/b Rescom Capital) · in 4 casesFirst-ranking charge registered Nov 4, 2021 (principal $7,200,000 per registered charge); first-ranking assignment of rents; first-ranking general security agreement over all personal property; guarantees from Azadeh Kazerani and Geisar Gheisari — First Loan; excludes legal fees; per diem interest of $2,189.75 accruing; NOI to enforce security issued March 6, 2025 — debtor: 2864827 Ontario Inc. · as of 9 Apr 2025$7.3MApplication 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.

2 more claims across lower-ranking classes

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Documents2 filings
DateDocumentFile
Factum of Applicant
  • Applicant C & K MORTGAGE SERVICES INC. and CANADIAN WESTERN TRUST COMPANY
  • Appointee Rosen Goldberg Inc.
  • Appointee role receiver and manager
  • Court SUPERIOR COURT OF JUSTICE COMMERCIAL LIST
  • + 2 more extracted facts
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Application Record
  • Applicant C & K MORTGAGE SERVICES INC. and CANADIAN WESTERN TRUST COMPANY
  • Appointee Rosen Goldberg Inc.
  • Appointee role Proposed Receiver
  • Commencement date 22 April 2025
  • + 8 more extracted facts
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Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “2864827 Ontario Inc.(Observatory Lane)” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/2864827-ontario-inc-observatory-lane

Sources last checked · summary updated 1 September 2026 · Report a correction · Printed from proceedings.ca/case/2864827-ontario-inc-observatory-lane

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.