Proceedings.

33 Laird Group

ActiveFollow
Proceeding
ProposalBankruptcy and Insolvency Act
File
31-2693094
Filings held46
Last activity6 Aug 2021
On the record2,169 days
Secured debtSubscribers
OverviewSummary updated

33 Laird Group — comprising 33 Laird Inc., the general partner and 33 Laird Limited Partnership — is in Division I proposal proceedings under the BIA in the Ontario Superior Court of Justice, commenced December 10, 2020, with 33 Laird Inc. as applicant. The matter remains active. Draft unaudited financial statements of 33 Laird Limited Partnership record aggregate net book value of approximately $13MM as at December 31, 2019 for the building structures under construction and the land. As understood by the Proposal Trustee, DUCA Financial Services Credit Union is owed $9,789,000 as of December 8, 2020 on a mortgage charge with a registered principal of $22MM, with $3,214,000 of that loan syndicated to Centurion Mortgage Capital. Maxxwel & Co. has registered a $113,336 construction lien. A $5,200,000 second-ranking mortgage claimed by Beaux Properties International and Sealink JV, in trust, is disputed.

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Case updates46 dated entries
#Sale

The court granted an approval and vesting order for the sale to 33 Laird Development Inc. Closing terms, as extracted: Vesting occurs upon delivery of the Proposal Trustee's Certificate confirming payment of the Purchase Price and satisfaction/waiver of closing conditions. Sealed: Confidential Exhibit '1' to the Birnboim June Affidavit (unredacted Sale Agreement).

Source: Approval and Vesting Order

Parties

Debtor

33 Laird Group

Proposal trustee

MNP

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice CavanaghOntario Superior Court of Justice5 orders, Feb 2021 – Mar 2021318 cases on record
Justice PattilloOntario Superior Court of Justice2 orders, Aug 202175 cases on record

Counsel of record

PartyCounselFirst seenSource
Proposal trusteeMNPWeisz Fell Kour LLP5 Feb 2021Application · 27 Jul 2021
Debtor33 Laird GroupGoldman Sloan Nash & Haber LLP15 Dec 2020Factum · 15 Dec 2020
CreditorDUCA Financial Services Credit Union LtdDevry Smith Frank LLP5 Feb 2021Service list · 5 Feb 2021
CreditorLien Claimant Maxxwel & CoMARGIE STRUB CONSTRUCTION LAW LLP26 Mar 2021Order · 26 Mar 2021
CreditorOrganic Garage (Canada) LtdClyde & Co Canada LLP5 Feb 2021Service list · 5 Feb 2021
CreditorSchindler Elevator CorporationBlaney McMurtry LLP10 Jun 2021Application · 25 Jun 2021
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
Priority classCreditorAmountSource
SecuredDUCA Financial Services Credit Union Ltd. · in 19 casesas of December 8, 2020 — Mortgage charge on real property underlying the Project in the amount of $22MM (registered principal); personal property charge over all of INC's chattels except consumer goods; personal property charge over all of LP's accounts and other — Current indebtedness as understood by Proposal Trustee; portion of loan syndicated to Centurion; per PPSA registry search (file currency date December 8, 2020) and Parcel Register dated December 8, 2020 — debtor: 33 Laird Group (INC/GP/LP)$9.79MFirst Report (with appendices)
Secured
Secured
Secured

3 more claims in 1 class The stack holds Secured claims.

Every creditor and every amount, drawn to scale.

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Sale processAs stated in the filings

3 transactions · 1 proposed · 1 not completed · 1 approved — The Transaction is approved and the order approving it is grantedApproval and Vesting Order · 15 Jun 2021

PurchaserPriceStatusSource
possible purchaser under the Possible Transaction, unnamedthe Project · asset salenot statedProposedSecond Report
unnamed interested party in a prior possible transaction for the Property, agreement not executedthe Property · real propertynot statedNot completedThird Report to Court
33 Laird Development Inc.the Debtor's right, title and interest in and to the assets purchased described as such in the Sale Agreement (the ' Purchased Assets ') · asset sale · agreement 10 May 2021SubscribersApproved15 Jun 2021Approval and Vesting Order
AdvisorsJLL (listing broker); Cushman & Wakefield (listing broker); Jones Lang Lassalle (listing broker); Jones Lang Lasalle Real Estate Services Inc. (listing broker)Report of Trustee to the Creditors
Closing termsVesting occurs upon delivery of the Proposal Trustee's Certificate confirming payment of the Purchase Price and satisfaction/waiver of closing conditions.Approval and Vesting Order
Sealed materialsConfidential Exhibits 1, 2, and 3 to the Birnboim February Affidavit; Confidential Exhibit '1' to the Birnboim June Affidavit (unredacted Sale Agreement)Notice of Extension of Time Order and Sales Process Approval
RecoveriesAs stated in the filings

Preferred creditors: paid in full.Under the plan · sanctionedReport of Trustee to the Creditors · 9 Jun 2021

ClassCreditorClaimsRecoveryBasisSource
Preferred——paid in fullUnder the plansanctionedper the proposal trusteeReport of Trustee to the Creditors · 9 Jun 2021

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.

Fees and ratesAs stated in the filings

8 engagements · 2 firms — latest: MNP Ltd., 31 Jan – 27 Feb 2021, in feesThird Report to Court · 23 Mar 2021

FirmPeriodHoursFeesRatesSource
MNP Ltd.Trusteeperiod 4 of 431 Jan – 27 Feb 20214 peopleThird Report to Court · 23 Mar 2021
4 people — MNP Ltd., 31 Jan – 27 Feb 2021 · 14 blurred figures
NameTitleHoursRateFees
Sheldon TitlePartner
Matthew LemPartner
Jessie HueSenior Estate Administrator
Trina BurninghamEstate Administrator
TOTAL——
MNP Ltd.Trusteeperiod 3 of 427 Dec 2020 – 30 Jan 2021not statedSecond Report · 9 Feb 2021
MNP Ltd.Trusteeperiod 2 of 425 Jan – 29 Jan 20212 peopleSecond Report · 9 Feb 2021
2 people — MNP Ltd., 25 Jan – 29 Jan 2021 · 8 blurred figures
NameTitleHoursRateFees
Sheldon TitlePartner and Senior Vice President
Matthew LemPartner and Senior Vice President
TOTAL——
MNP Ltd.Trusteeperiod 1 of 4from 14 Dec 20204 peopleSecond Report · 9 Feb 2021
4 people — MNP Ltd., from 14 Dec 2020 · 14 blurred figures
NameTitleHoursRateFees
Sheldon TitlePartner and Senior Vice President
Matthew LemPartner and Senior Vice President
Jessie HueSenior Administrator
Trina BurninghamAdministrator
TOTAL——
Weisz Fell Kour LLPCounsel to the trusteeperiod 4 of 43 Feb – 25 Feb 2021Sought—Fourth Report To Court with Appendices · 10 May 2021
0 people — Weisz Fell Kour LLP, 3 Feb – 25 Feb 2021 · 9 blurred figures
NameTitleHoursRateFees
SK—
SK—
SK—
Weisz Fell Kour LLPCounsel to the trusteeperiod 3 of 42 Dec 2020 – 29 Jan 2021—Fourth Report To Court with Appendices · 10 May 2021
Weisz Fell Kour LLPCounsel to the trusteeperiod 3 of 428 Jan – 29 Jan 2021——not statedSecond Report · 9 Feb 2021
0 people — Weisz Fell Kour LLP, 28 Jan – 29 Jan 2021 · 3 blurred figures
NameTitleHoursRateFees
SK—
Weisz Fell Kour LLPCounsel to the trusteeperiod 1 of 42 Dec – 10 Dec 2020——not statedSecond Report · 9 Feb 2021
0 people — Weisz Fell Kour LLP, 2 Dec – 10 Dec 2020 · 3 blurred figures
NameTitleHoursRateFees
SK—

66 blurred figures above

What each firm billed, and each person’s hours and rate — each as the filing states it, with its source.

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Estate financialsReported figures — never derived
Total assets at filing

As at ·

The total the debtor stated at filing

Each one as the filing states it, with its source.

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Documents
46 filings
DateDocumentFile
Endorsement of Justice Pattillo - released July 15 2021
  • Presiding officer Justice Pattillo
PDF · Subscribers
Order of Justice Pattillo - dated July 15 2021
  • Counsel Blaney McMurtry LLP
  • Presiding officer Justice Pattillo
PDF · Subscribers
Order re Proposal Approval - dated August 4 2021 - Honourable Madam Justice Dietrich
  • Counsel Weisz Fell Kour LLP
  • Presiding officer Justice Dietrich
PDF · Subscribers
Factum of the Proposal Trustee - Re Approval of Proposals - dated August 3 2021
  • Counsel Weisz Fell Kour LLP
PDF · Subscribers
Motion Record dated July 27 2021
  • Counsel Weisz Fell Kour LLP
PDF · Subscribers
For Video/Telephone Conference instructions on how to attend the Reconvened Meeting of Creditors, for July 2, 2021, click here .
PDF · Subscribers
Responding FactumPDF · Subscribers
Notice of Return of Cross Motion
  • Counsel Blaney McMurtry LLP
PDF · Subscribers
Notice of Reconvened Meeting of Creditors July 2 2021
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Affidavit of MailingPDF · Subscribers
Video and Telephone Conference InstructionsPDF · Subscribers
Approval and Vesting Order
  • Closing terms Vesting occurs upon delivery of the Proposal Trustee's Certificate confirming payment of the Purchase Price and satisfaction/waiver of closing conditions.
  • Order date 15 June 2021
  • Presiding officer Justice McEwen
  • Purchaser 33 Laird Development Inc. · the Debtor's right, title and interest in and to the assets purchased described as such in the Sale Agreement (the ' Purchased Assets ') · asset sale · approved
  • + 3 more extracted facts
PDF · Subscribers
Order of Approval of Proposal Trustee’s Reports, Fees and ActivitiesPDF · Subscribers
Factum of Cross Moving Party Schindler Elevator Corporation dated June 9 2021
  • Counsel Blaney McMurtry LLP
PDF · Subscribers
Factum of the City of Toronto dated June 9 2021PDF · Subscribers
Motion Record of Schindler Elevator Corporation dated June 9 2021
  • Counsel Blaney McMurtry LLP
PDF · Subscribers
Creditors package including Report of Trustee to the CreditorsPDF · Subscribers
Fifth Report to CourtPDF · Subscribers
Report of Trustee to the Creditors
  • Purchaser 33 Laird Development Inc. · sale of the Property · real property · proposed
  • Recovery outcome Entries: per plan · Table missing:
  • Sale advisor Jones Lang Lasalle Real Estate Services Inc. (listing broker)
  • Sale outcome Approval pending — The Sale Agreement is now subject to Court approval, with the Court scheduled to hear the 33 Laird Group's motion for, inter alia, approval of the Sale Agreement on June 11, 2021.
  • + 1 more extracted fact
PDF · Subscribers
Responding Motion Record of the City of Toronto dated June 9, 2021PDF · Subscribers
Factum dated June 7 2021 - motion returnable June 11 2021
  • Counsel Goldman Sloan Nash & Haber LLP
PDF · Subscribers
Motion Record - motion returnable June 11 2021PDF · Subscribers
Case Conference EndorsementPDF · Subscribers
Extension Order dated May 12, 2021
  • Presiding officer Justice Dunphy
PDF · Subscribers
Fourth Report To Court with Appendices
PDF · Subscribers
Factum
  • Counsel Goldman Sloan Nash & Haber LLP
PDF · Subscribers
Extension Order Signed by J. Cavanagh
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Maxxwel and Co. Inc Order
  • Counsel Margie Strub Construction Law LLP
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Third Report to Court
  • Process results 21 NDAs · as of 23 Mar 2021
  • Purchaser unnamed interested party in a prior possible transaction for the Property, agreement not executed · the Property · real property · not completed
  • Sale advisor Jones Lang LaSalle (listing broker)
  • Fee schedule Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Factum of extension to file a Proposal
  • Counsel Goldman Sloan Nash & Haber LLP
PDF · Subscribers
Motion Record for extension of time to file a ProposalPDF · Subscribers
Amended Extension Order
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Counsel SlipPDF · Subscribers
Extension Order
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Notice of Extension of Time Order and Sales Process Approval
  • Order date 10 February 2021
  • Presiding officer Justice Cavanagh
  • Sale advisor Jones Lang Lassalle (listing broker)
  • Sale outcome Sale process approved — Court orders the Laird Entities and Proposal Trustee to follow the sale process set out in Schedule A
  • + 2 more extracted facts
PDF · Subscribers
Moving Parties Factum
  • Counsel Goldman Sloan Nash & Haber LLP
PDF · Subscribers
Second Report
  • Purchaser possible purchaser under the Possible Transaction, unnamed · the Project · asset sale · proposed
  • Sale advisor JLL (listing broker); Cushman & Wakefield ULC (listing broker)
  • Sale outcome Sale process approved — public sale and marketing process for all of the 33 Laird Group's assets
  • Fee schedule Subscribers
  • + 1 more extracted fact
PDF · Subscribers
Motion Record
  • Applicant 33 Laird Inc., 33 Laird GP Inc., and 33 Laird Limited Partnership Inc.
  • Commencement date 28 November 2020
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no 31-2693094
  • + 1 more extracted fact
PDF · Subscribers
Service List
  • Counsel Devry Smith Frank LLP
PDF · Subscribers
Signed Order (Consolidation stay extension DIP)
  • Presiding officer Justice Conway
PDF · Subscribers
Factum of the Moving Party motion returnable Dec16 2020
  • Counsel Goldman Sloan Nash & Haber LLP
PDF · Subscribers
First Report (with appendices)
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Motion Record returnable December 16 2020
  • Applicant 33 Laird Inc.
  • Commencement date 10 December 2020
  • Court SUPERIOR COURT OF JUSTICE
PDF · Subscribers
33 Laird GP - Creditors Package - NOI cover letterPDF · Subscribers
33 Laird Inc - Creditors Package - NOI cover letterPDF · Subscribers
33 Laird Limited Partnership - Creditor Package - NOI cover letterPDF · Subscribers

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

CiteProceedings., “33 Laird Group” (Proposal), Ontario Superior Court of Justice. Retrieved 5 November 2026, https://proceedings.ca/case/33-laird-group

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/33-laird-group

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.