#Order
The court appointed msi Spergel Inc. as receiver, on the application of The Toronto-Dominion Bank. Court file CV-24-00088415-0000.
Source: Order of the Honourable J. Krawchenko dated April 15, 2025
2866388 Ontario Inc. and 2866414 Ontario Inc.
ActiveFollow
- Proceeding
- Receivership (court-appointed)section 243(1) 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-24-00088415-0000
- Industry
- Real estate
OverviewSummary updated
2866388 Ontario Inc. and 2866414 Ontario Inc. are the subjects of bankruptcy proceedings under the Bankruptcy and Insolvency Act before the Ontario Superior Court of Justice (In Bankruptcy and Insolvency), under court file number CV-24-00088415-0000. The proceedings began on December 19, 2024, when a Notice of Application dated that day was filed. The matter remains active. No further steps in the proceeding are recorded on this page at present.
Proceedings AIOpen Proceedings AI
Case updates5 dated entries
#Filing
Supplementary Application Record of the Applicant dated February 10, 2025 — Application / notice of application
#Filing
Notice of Application dated December 19, 2024 was filed, commencing the proceeding against 2866388 Ontario Inc. and 2866414 Ontario Inc. in the Ontario Superior Court of Justice.
Source: Application Record of the Applicant dated January 13, 2025
Parties
Debtor
2866388 Ontario Inc. and 2866414 Ontario Inc.
Receiver
msi Spergel inc.
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Krawchenko | Ontario Superior Court of Justice | 2 orders, Apr 2025 | 11 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| CreditorToronto-Dominion Bank | Aird & Berlis LLP | 20 Jan 2025 | Factum · 20 Jan 2025 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | The Toronto-Dominion Bank · in 121 cases414 GSA dated October 13, 2021 (PPSA); 215 King Mortgage - first charge/mortgage, registered principal $1,650,000, Instrument No. WE1554680 (October 20, 2021); 215 King GAR — Per Demand Letter/BIA Notice, amount owing as of August 27, 2024 was $1,579,225.59. A new charge was registered against 215 King Real Property on December 16, 2024 without TD's required prior written consent, constituting a further Event of Default. Unlimited personal guarantee by Matthew J. Christie dated October 13, 2021 (related party). Affidavit also states in general terms (¶41) that aggregate Indebtedness owing to T · as of 13 Jan 2025 | $1.5M | Application Record of the Applicant dated January 13, 2025 |
| Secured | |||
| Secured | |||
| Secured | |||
| Secured | |||
| Secured | |||
| Secured | |||
| Secured | |||
| Secured |
8 more claims in 1 class The stack holds Secured claims.
Every creditor and every amount, drawn to scale.
Start 5-day trial
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
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.
Documents5 filings
| Date | Document | File |
|---|---|---|
Endorsement of the Honourable Justice Krawchenko dated April 15, 2025
| PDF · Subscribers | |
Order of the Honourable J. Krawchenko dated April 15, 2025
| PDF · Subscribers | |
| Supplementary Application Record of the Applicant dated February 10, 2025 | PDF · Subscribers | |
Factum of the Applicant dated January 20, 2025
| PDF · Subscribers | |
Application Record of the Applicant dated January 13, 2025
| 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., “2866388 Ontario Inc. and 2866414 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 5 November 2026, https://proceedings.ca/case/2866388-ontario-inc-and-2866414-ontario-inc