Proceedings.

581 Wellington Street West, Toronto, Ontario

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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
File
CV-19-00613044-00CL
Filings held33
Last activity12 Mar 2020
On the record2,799 days
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Case updates33 dated entries

30 earlier updates, back to 22 January 2019 subscribers.

Parties

Debtor

581 Wellington Street West, Toronto, Ontario

Receiver

TDB Restructuring

Bench and counselPer the orders and service lists on the record

Counsel of record

PartyCounselFirst seenSource
Debtor581 Wellington Street West, Toronto, OntarioCorestone Law5 Mar 2020Application · 5 Mar 2020
CreditorRSM Canada LimitedTorkin Manes LLP13 Dec 2019Order · 13 Dec 2019
RecoveriesAs stated in the filings

First Source: a distribution.EstimatedSupplemental Report to the Third Report of the Receiver · 12 Dec 2019

ClassCreditorClaimsRecoveryBasisSource
SecuredFirst Sourcea distributioninterimEstimatedper the receiverSupplemental Report to the Third Report of the Receiver · 12 Dec 2019

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.

2 stated figures across 1 outcome, each sourced

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Fees and ratesAs stated in the filings

2 engagements · 2 firmslatest: RSM Canada Limited, to 31 Aug 2019First Report of the Receiver dated September 17, 2019 – Part 2 · 17 Sep 2019

FirmPeriodHoursFeesRatesSource
RSM Canada LimitedReceiverto 31 Aug 2019•••••••••First Report of the Receiver dated September 17, 2019 – Part 2 · 17 Sep 2019
Torkin Manes LLPCounsel to the receiver24 Apr – 31 Aug 2019not statedFirst Report of the Receiver dated September 17, 2019 – Part 2 · 17 Sep 2019

4 stated figures across 2 engagements, each sourced

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Documents
33 filings
DateDocumentFile
Receiver's Discharge CertificatePDF · Subscribers
Discharge Order dated March 10, 2020
  • Counsel Torkin Manes LLP
PDF · Subscribers
Endorsement dated March 10, 2020PDF · Subscribers
Motion record returnable March 10, 2020PDF · Subscribers
Supplemental Report to the Fifth ReportPDF · Subscribers
Factum of the Respondent dated March 6, 2020PDF · Subscribers
Motion Record of the Respondent dated March 5, 2020
  • Counsel Corestone Law
PDF · Subscribers
Fifth Report of the Receiver dated February 26, 2020PDF · Subscribers
Endorsement dated December 13, 2019PDF · Subscribers
Interim Distribution Order dated December 13, 2019
  • Counsel Torkin Manes LLP
PDF · Subscribers
Motion record returnable December 13, 2019PDF · Subscribers
Supplemental Report to the Third Report of the Receiver dated December 12, 2019
  • Recovery outcome Entries: per estimated · Stated on: 2019-12-12 · Table missing:
PDF · Subscribers
Endorsement dated December 6, 2019PDF · Subscribers
Fourth Report of the Receiver dated December 4, 2019PDF · Subscribers
Third Report of the Receiver dated December 3, 2019PDF · Subscribers
Amending Order dated November 22, 2019PDF · Subscribers
Supplemental Report to the Second Report of the Receiver dated November 20, 2019PDF · Subscribers
Amended Approval and Vesting Order dated November 1, 2019PDF · Subscribers
Approval & Vesting Order dated November 1, 2019PDF · Subscribers
Endorsement dated November 1, 2019PDF · Subscribers
Order dated November 1, 2019PDF · Subscribers
Endorsement dated October 17, 2019PDF · Subscribers
Motion Record returnable October 17, 2019PDF · Subscribers
Factum of the Receiver dated October 16, 2019PDF · Subscribers
Second Report of the Receiver dated October 10, 2019PDF · Subscribers
Motion Record returnable September 25, 2019PDF · Subscribers
Order dated September 25, 2019PDF · Subscribers
First Report of the Receiver dated September 17, 2019 – Part 1PDF · Subscribers
First Report of the Receiver dated September 17, 2019 – Part 2
PDF · Subscribers
Service List dated June 11, 2019PDF · Subscribers
Notice and Statement of Receiver dated May 13, 2019PDF · Subscribers
Amended Order entered April 26, 2019PDF · Subscribers
Application Record dated January 25, 2019
  • Applicant FIRST SOURCE FINANCIAL MANAGEMENT INC.
  • Commencement date 22 January 2019
  • Court SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • Court file no CV-19-00613044-00CL
  • + 1 more extracted fact
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., “581 Wellington Street West, Toronto, Ontario” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/581-wellington-street-west-toronto-ontario

Sources last checked · record updated 22 August 2026 · Report a correction · Printed from proceedings.ca/case/581-wellington-street-west-toronto-ontario

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.

581 Wellington Street West, Toronto, Ontario — Receivership | Proceedings.