#Order
Court granted Cameron Stephens Mortgage Capital Ltd.'s application and appointed AlixPartners Restructuring, Inc. receiver and manager over both Dupont Street companies.
488 Dupont Street Ltd. and 1140 Dupont Street Ltd.
ActiveFollow
- Proceeding
- Receivership (court-appointed)SUBSECTION 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
- CL-26-00000424-0000
- Industry
- Real estate
Filings held5
Last activity9 Nov 2026
On the record4 days
OverviewSummary updated
488 Dupont Street Ltd. and 1140 Dupont Street Ltd. were placed in receivership by order of the Ontario Superior Court of Justice on November 9, 2026, on the application of Cameron Stephens Mortgage Capital Ltd. AlixPartners Restructuring, Inc. was appointed receiver and manager under subsection 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. The matter proceeds under court file number CL-26-00000424-0000 and remains active.
Proceedings AIOpen Proceedings AI
Case updates5 dated entries
Parties
Debtor
488 Dupont Street Ltd. and 1140 Dupont Street Ltd.
Receiver
AlixPartners
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Dietrich | Ontario Superior Court of Justice | 5 orders, Nov 2026 | 139 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Applicant | Garfinkle, Biderman LLP | 9 Nov 2026 | Order · 9 Nov 2026 |
Sale processAs stated in the filings
2 transactions · 2 approved — The Court approved the Transaction under the Sale Agreement and authorized the Proposed Receiver to complete it; vesting of the Purchased Assets in the Purchaser occurs on delivery of the Receiver's Certificate.Approval and Vesting Order re 488 Dupont dated November 9, 2026 · 9 Nov 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| 2734098 Ontario Inc.the Debtor's right, title and interest in and to the Purchased Assets as defined in the Sale Agreement, including the real property at 1140 Dupont Street, Toronto · real property · agreement 11 Aug 2026 | Subscribers | Approved9 Nov 2026 | Approval and Vesting Order re 1140 Dupont dated… |
| 488 Dupont Street GP Inc.the Debtor's right, title and interest in and to the Purchased Assets as defined in the Sale Agreement, including the real property at 488 Dupont Street, Toronto and 1120 Bathurst Street, Toronto (Schedule 'A') · asset sale · nominee/assignee: assignee of SFM Holdings Inc., the original contracting party under the agreement of purchase and sale dated August 11, 2026 · agreement 11 Aug 2026 | Subscribers | Approved9 Nov 2026 | Approval and Vesting Order re 488 Dupont dated… |
Closing termsVesting is effective upon delivery by the Receiver to the Purchaser of a Receiver's Certificate substantially in the form of Schedule 'B', confirming payment of the Purchase Price, satisfaction or waiver of the Closing conditions in section 7 of the Sale Agreement, and completion of the Transaction to the Receiver's satisfaction.Approval and Vesting Order re 488 Dupont dated November 9, 2026
Sealed materialsConfidential Appendix 1 and Confidential Appendix 2 to the Pre-Filing Report sealed until Closing; Confidential Appendix 1 and Confidential Appendix 2 to the Supplementary Pre-Filing Report sealed until ClosingApproval and Vesting Order re 1140 Dupont dated November 9, 2026
Documents5 filings
| Date | Document | File |
|---|---|---|
Ancillary Relief Order re 1140 Dupont Street dated November 9, 2026
| PDF · Subscribers | |
Ancillary Relief Order re 488 Dupont Street dated November 9, 2026
| PDF · Subscribers | |
Approval and Vesting Order re 1140 Dupont dated November 9, 2026
| PDF · Subscribers | |
Approval and Vesting Order re 488 Dupont dated November 9, 2026
| PDF · Subscribers | |
Receivership Order dated November 9, 2026
| 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., “488 Dupont Street Ltd. and 1140 Dupont Street Ltd.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 13 November 2026, https://proceedings.ca/case/488-dupont-street-ltd-and-1140-dupont-street-ltd