Proceedings.

699147 Ontario Inc.

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Proceeding
Receivership (private)Subsections 245(1) and 246(1) of the Bankruptcy and Insolvency Act
Filings held1
Last activity21 Apr 2026
On the record153 days
Secured debtSubscribers
OverviewSummary updated

699147 Ontario Inc. has been in insolvency proceedings in Ontario since April 21, 2026, when Your Neighbourhood Credit Union Ltd. appointed Crowe Soberman Inc. as receiver without security under subsections 245(1) and 246(1) of the Bankruptcy and Insolvency Act. The receiver's creditor mailing list of April 28, 2026 puts the credit union's secured claim at $7,975,457.69 and records an unsecured claim of $3,434,039.00 by Falvo Holdings Ltd. Tenants listed for notification include Spaghetto Kitchen, Rolltation and Celebrity Restaurant Inc. The receiver had not yet obtained the company's books and records when it prepared that list.

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Case updates1 dated entry
Parties

Debtor

699147 Ontario Inc.

Receiver

Crowe Soberman

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredYour Neighbourhood Credit Union · in 2 casesAppointed Crowe Soberman Inc. as receiver on April 21, 2026; claim amount per Creditor Mailing List; receiver notes books/records not yet obtained so figures may be deficient in completeness/accuracy — debtor: 699147 Ontario Inc. · as of 28 Apr 2026$7.98MNotice and Statement of Receiver
17 more claims across lower-ranking classesSubscribe to view
Documents1 filing
DateDocumentFile
Notice and Statement of Receiver
  • Applicant Your Neighbourhood Credit Union Ltd.
  • Appointee Crowe Soberman Inc.
  • Appointee role Receiver without security
  • Commencement date 21 April 2026
  • + 6 more extracted facts
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CiteProceedings., “699147 Ontario Inc.” (Receivership (private)). Retrieved 20 September 2026, https://proceedings.ca/case/699147-ontario-inc

Sources last checked · summary updated 1 September 2026 · Report a correction · Printed from proceedings.ca/case/699147-ontario-inc

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.