Proceedings.

4499127 Nova Scotia Limited

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Proceeding
Receivership (court-appointed)subsection 243(1) of the Bankruptcy and Insolvency Act and s. 43(9) of the Judicature Act
Court
Supreme Court of Nova Scotia
File
2025 Hfx No. 547515
Filings held34
Last activity18 Dec 2025
On the record335 days
Secured debt$2.54M
OverviewSummary updated

4499127 Nova Scotia Limited has been in court-appointed receivership since October 21, 2025, when the Supreme Court of Nova Scotia made a receivership order in the proceeding carried under file number 2025 Hfx No. 547515, also styled Hfx No. 547515. The appointment rests on section 243 of the Bankruptcy and Insolvency Act together with provincial Judicature Act authority. The receivership remains active. The record to date consists of the appointment itself; no further steps have been entered in this matter.

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Case updates34 dated entries
Parties

Debtor

4499127 Nova Scotia Limited

Receiver

BDO

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice BodurthaSupreme Court of Nova Scotia3 orders, Dec 20255 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverBDOBoyneClarke LLP14 Oct 2025Service list · 14 Oct 2025
CreditorDon Groves & Son Construction LimitedBurchell MacDougall LLP14 Oct 2025Service list · 14 Oct 2025
CreditorGraysbrook Capital LimitedBurchill Wickwire Bryson LLP14 Oct 2025Service list · 14 Oct 2025
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredExpress Mortgage Corporation Limited (EMC)General security agreement (Oct 20, 2023); collateral mortgage dated Nov 9, 2023, as amended, in principal amount of $3,197,000 charging eighteen Properties; assignment of rents (Nov 9, 2023); assignment of material documents; assignment of insurance; cost overrun and completion guarantee agreement; postponement agreement; security acknowledgment agreement (Nov 28, 2023) — Prior stated loan balance under 2024 A&R Loan Agreement (dated July 31, 2024) was $2,986,500 (prose approximation); exact balance as of Oct 1, 2025 governs. Also secured by personal guarantees and general security agreements · as of 1 Oct 2025$2.54MNotice of Application in Chambers dated October 14, 2025
SecuredGraysbrook Capital Limited · in 3 casesSecond mortgage in assignment of rents and lease registered against the Properties — Registered against the Properties without consent of EMC, contrary to terms of the 2024 A&R Loan Agreement; subordinate (second) position to EMC's mortgage; amount not stated. — debtor: 4499127 Nova Scotia Limited—Notice of Application in Chambers dated October 14, 2025

“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

10 transactions · 5 approved · 4 closed · 1 terminated — The Transaction is hereby approvedSale Approval & Vesting Order (19-21 Summer Hill) dated December 18 2025 · 18 Dec 2025

Bids received

11

Second Report of the Receiver dated December 15, 2025

PurchaserPriceStatusSource
4426019 Nova Scotia Limited3032 Summer Hill Place, Upper Onslow, Nova Scotia (PID No. 20498549) · real property · agreement 8 Oct 2025not statedCloseddate not statedSecond Report of the Receiver dated December…
one agreement of purchase and sale terminated due to financing conditionone of the six executed agreements of purchase and sale for the Residential Properties · real propertynot statedTerminatedSecond Report of the Receiver dated December…
4426019 Nova Scotia Limited23 Summer Hill Place, Upper Onslow, Nova Scotia, more particularly described as PID 20501326 and 25 Summer Hill Place, Upper Onslow, Nova Scotia, more particularly described as PID 20501334 · real property · nominee/assignee: the Purchaser's assignee, nominee or designate · agreement 8 Oct 2025not statedApproved28 Nov 2025Sale Approval Order (23/25 Summer Hill Place)…
Atinuke Matilukuro5 Summer Hill Place, Upper Onslow, Nova Scotia · real property · agreement 25 Jul 2025not statedClosed28 Oct 2025First Report of the Receiver dated November 28,…
Juan Guerra and Armonia Escapathat certain real property located at 10 Summer Hill Place, Upper Onslow, Nova Scotia (PID No. 20500377) · real property · agreement 21 Aug 2025not statedClosed31 Oct 2025First Report of the Receiver dated November 28,…
Nateghi Commercial Inc.the real property located at: 38-40 Summer Hill Place, Upper Onslow, Nova Scotia, more particularly described as PID 20498523 · real property · agreement 8 Oct 2025not statedCloseddate not statedSecond Report of the Receiver dated December…
Nateghi Commercial Inc.the real property located at 34-36 Summer Hill Place, Upper Onslow, Nova Scotia, more particularly described as PID 20498531 · real property · nominee/assignee: the Purchaser's assignee, nominee or designate · agreement 8 Oct 2025not statedApproved2 Dec 2025Sale Approval Order (34/36 Summer Hill Place)…
13004279 Canada Inc.the real property located at: lot 2 Roseway Lane, Upper Onslow, Nova Scotia, more particularly described as PID 20498515 · real property · nominee/assignee: the Purchaser's assignee, nominee or designate · agreement 10 Nov 2025not statedApproved18 Dec 2025Sale Approval & Vesting Order (2 Roseway) dated…
Eid Mohammad Fazeli and Hadi Jafarithe real property located at lot 38 Roseway Lane, Upper Onslow, Nova Scotia, more particularly described as PID 20498671 · real property · nominee/assignee: the Purchaser's assignee, nominee or designate · agreement 10 Oct 2025not statedApproved18 Dec 2025Sale Approval & Vesting Order (4 Roseway) dated…
Ratko Antovic19 Summer Hill Place, Upper Onslow, Nova Scotia, more particularly described as PID 20501300 and 21 Summer Hill Place, Upper Onslow, Nova Scotia, more particularly described as PID 20501318 · real property · nominee/assignee: and/or assignee · agreement 14 Oct 2025not statedApproved18 Dec 2025Sale Approval & Vesting Order (19-21 Summer…
Closing termsUpon the delivery of a Receiver's Deed and a Receiver's Certificate ... and closing the Transaction in accordance with the Agreement, all of the Respondent's and the Receiver's right, title and interest in and to the Property shall vest absolutely in such PurchaserSale Approval & Vesting Order (19-21 Summer Hill) dated December 18 2025
Documents
34 filings
DateDocumentFile
Sale Approval & Vesting Order (19-21 Summer Hill) dated December 18 2025
  • Closing terms Upon the delivery of a Receiver's Deed and a Receiver's Certificate ... and closing the Transaction in accordance with the Agreement, all of the Respondent's and the Receiver's right, title and interest in and to the Property shall vest absolutely in such Purchaser
  • Presiding officer Justice John P. Bodurtha
  • Purchaser Ratko Antovic · nominee/assignee and/or assignee · 19 Summer Hill Place, Upper Onslow, Nova Scotia, more particularly described as PID 20501300 and 21 Summer Hill Place, Upper Onslow, Nova Scotia, more particularly described as PID 20501318 · real property · approved
  • Sale outcome Sale approved — The Transaction is hereby approved
PDF
Sale Approval & Vesting Order (2 Roseway) dated December 18 2025
  • Closing terms Vesting effective upon delivery of Receiver's Deed and Receiver's Certificate
  • Presiding officer Justice John P. Bodurtha
  • Purchaser 13004279 Canada Inc. · nominee/assignee the Purchaser's assignee, nominee or designate · the real property located at: lot 2 Roseway Lane, Upper Onslow, Nova Scotia, more particularly described as PID 20498515 · real property · approved
  • Sale outcome Sale approved — The Transaction is hereby approved
PDF
Sale Approval & Vesting Order (4 Roseway) dated December 18 2025
  • Closing terms Vesting occurs upon delivery of a Receiver's Deed and Receiver's Certificate to the Purchaser and closing of the Transaction in accordance with the Agreement
  • Presiding officer Justice John P. Bodurtha
  • Purchaser Eid Mohammad Fazeli and Hadi Jafari · nominee/assignee the Purchaser's assignee, nominee or designate · the real property located at lot 38 Roseway Lane, Upper Onslow, Nova Scotia, more particularly described as PID 20498671 · real property · approved
PDF
Draft Approval and Vesting Order 1921 Summer Hill - dated December 15, 2025PDF
Draft Approval and Vesting Order 2 Roseway - dated December 15, 2025PDF
Draft Approval and Vesting Order 4 Roseway - dated December 15, 2025PDF
Notice Brief of Cases - dated December 15, 2025PDF
Notice of Motion - dated December 15, 2025PDF
Santimaw Affidavit - dated December 15, 2025PDF
Second Report of the Receiver dated December 15, 2025
  • Closing confirmed Closed · date not stated · 4426019 Nova Scotia Limited; Closed · date not stated · Nateghi Commercial Inc.
  • Financial position per unaudited financial information, 4499NSL's books and records, and other financial information provided by the Company's lender(s) · entity - 4499127 Nova Scotia Limited (o/a Willow Homes) — Only components of liabilities are stated, no total assets or total liabilities figure is given: secured claims of Express Mortgage of approximately $2.4 million and Graysbrook of approximately $221,000 (both as at the Date of Appointment); estimated CRA deemed trust claims of approximately $80,000 (HST) and $61,000 (source deductions); builder's lien claims totaling approximately $713,000; and unsecured trade payables and accrued liabilities of approximately $1.2 million as at the Date of Appointment.
  • Process results 11 bids
  • Purchaser purchaser of 5 Summer Hill, unnamed in report body · 5 Summer Hill Place, Upper Onslow, Nova Scotia · real property · proposed; 4426019 Nova Scotia Limited · 3032 Summer Hill Place, Upper Onslow, Nova Scotia (PID No. 20498549) · real property · closed; Nateghi Commercial Inc. · 38-40 Summer Hill Place, Upper Onslow, Nova Scotia (PID No. 20498523) · real property · closed; one agreement of purchase and sale terminated due to financing condition · one of the six executed agreements of purchase and sale for the Residential Properties · real property · terminated
  • + 1 more extracted fact
PDF
Sale Approval Order (23/25 Summer Hill Place) dated December 2, 2025
  • Closing terms Vesting occurs upon delivery of a Receiver's Deed and Receiver's Certificate and closing the Transaction in accordance with the Agreement.
  • Order date 28 November 2025
  • Purchaser 4426019 Nova Scotia Limited · nominee/assignee the Purchaser's assignee, nominee or designate · 23 Summer Hill Place, Upper Onslow, Nova Scotia, more particularly described as PID 20501326 and 25 Summer Hill Place, Upper Onslow, Nova Scotia, more particularly described as PID 20501334 · real property · approved
PDF
Sale Approval Order (30/32 Summer Hill Place) dated December 2, 2025PDF
Sale Approval Order (34/36 Summer Hill Place) dated December 2, 2025
  • Closing terms Closing occurs upon delivery of a Receiver's Deed and a Receiver's Certificate to the Purchaser
  • Purchaser Nateghi Commercial Inc. · nominee/assignee the Purchaser's assignee, nominee or designate · the real property located at 34-36 Summer Hill Place, Upper Onslow, Nova Scotia, more particularly described as PID 20498531 · real property · approved
  • Sale outcome Sale approved — The Transaction is hereby approved
PDF
Sale Approval Order (38/40 Summer Hill Place) dated December 2, 2025
  • Closing terms Vesting occurs upon delivery of a Receiver's Deed and a Receiver's Certificate and closing of the Transaction in accordance with the Agreement.
  • Order date 2 December 2025
  • Purchaser Nateghi Commercial Inc. · the real property located at: 38-40 Summer Hill Place, Upper Onslow, Nova Scotia, more particularly described as PID 20498523 · real property · approved
  • Sale outcome Sale approved — The Transaction is hereby approved.
PDF
First Report of the Receiver dated November 28, 2025
  • Closing confirmed Closed · 28 Oct 2025 · Atinuke Matilukuro; Closed · 31 Oct 2025 · Juan Guerra and Armonia Escapa
  • Purchaser Atinuke Matilukuro · that certain real property located at 5 Summer Hill Place, Upper Onslow, Nova Scotia (PID No. 20498622) · real property · closed; Juan Guerra and Armonia Escapa · that certain real property located at 10 Summer Hill Place, Upper Onslow, Nova Scotia (PID No. 20500377) · real property · closed
  • Sale outcome Sale closed — Both proposed transactions for the sale of the real properties have closed following Court approval.
PDF
Notice Brief of Cases dated November 28, 2025PDF
Notice of Motion Dated November 28, 2025PDF
Santimaw Affidavit dated November 28, 2025PDF
Receiver Activities Approval Order dated October 21, 2025PDF
Receivership Order dated October 21, 2025
  • Applicant Express Mortgage Corporation Limited
  • Appointee BDO Canada Limited
  • Appointee role receiver and manager
  • Commencement date 21 October 2025
  • + 3 more extracted facts
PDF
Sale Approval Order (10 Summer Hill Place) dated October 21, 2025PDF
Sale Approval Order (5 Summer Hill Place) dated October 21, 2025PDF
Application Brief dated October 14, 2025PDF
Book of Authorities dated October 14, 2025PDF
Draft Activities Approval Order dated October 14, 2025PDF
Draft Receivership Order dated October 14, 2025
  • Applicant Express Mortgage Corporation Limited
  • Appointee BDO Canada Limited
  • Appointee role receiver and manager
  • Court SUPREME COURT OF NOVA SCOTIA
  • + 2 more extracted facts
PDF
Draft Sale Approval Order (10 Summer Hill) dated October 14, 2025PDF
Notice of Application in Chambers dated October 14, 2025
  • Counsel BoyneClarke LLP
  • Secured creditors $2.54M · Note: Prior stated loan balance under 2024 A&R Loan Agreement (dated July 31, 2024) was $2,986,500 (prose approximation); exact balance as of Oct 1, 2025 governs. Also secured by personal guarantees and general security agreements from Personal Guarantors Helen J. Craig, William W. Craig and David J. Pomeroy (individuals, guarantors). EMC issued demand for repayment and NOI to enforce security under s.244 BIA on March 11, 2025. · Page: 3 · As of: 2025-10-01 · Debtor: 4499127 Nova Scotia Limited · Creditor: Express Mortgage Corporation Limited (EMC) · Security: General security agreement (Oct 20, 2023); collateral mortgage dated Nov 9, 2023, as amended, in principal amount of $3,197,000 charging eighteen Properties; assignment of rents (Nov 9, 2023); assignment of material documents; assignment of insurance; cost overrun and completion guarantee agreement; postponement agreement; security acknowledgment agreement (Nov 28, 2023)
PDF
Pre-Filing Report of the Proposed Receiver dated October 14, 2025
  • Secured creditors Note: Registered without written consent of Express Mortgage, cited as an event of default; amount not stated · Page: 8 · Debtor: 4499127 Nova Scotia Limited · Creditor: Graysbrook Capital Ltd. · Currency: CAD · Security: Security registered against personal property and certain real property
PDF
Service List as at October 14, 2025
  • Counsel BoyneClarke LLP
PDF
Affidavit of Jo-Anne Nozick sworn October 13, 2025PDF
Solicitors Affidavit sworn October 10, 2025
  • Secured creditors Note: Personal guarantees given by Helen Craig, William Craig and David Pomeroy (individual guarantors); amount of indebtedness not disclosed in these pages · Page: 3 · As of: 2025-10-09 · Debtor: 4499127 Nova Scotia Limited · Creditor: Express Mortgage Corporation Limited (EMC) · Currency: CAD · Security: Mortgages (dated November 9, 2023) and Assignments of Rents registered against numerous properties of the Company (multiple PIDs), amended by Mortgage Amending Agreements dated November 28, 2023 and January 19, 2024; no outstanding balance or facility amount stated in this excerpt
PDF
Certificate of AppointmentPDF
Notice Statement of ReceiverPDF

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

CiteProceedings., “4499127 Nova Scotia Limited” (Receivership (court-appointed)), Supreme Court of Nova Scotia. Retrieved 20 September 2026, https://proceedings.ca/case/4499127-nova-scotia-limited

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Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/4499127-nova-scotia-limited

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.