8331707 Canada Inc. o/a Esso
- Proceeding
- Receivership (court-appointed)Section 243(1) of the Bankruptcy and Insolvency Act and Section 101 of the Courts of Justice Act
- File
- CV-20-00653228-00CL
- Industry
- Retail · Gas stations & convenience stores
8331707 Canada Inc. o/a Esso has been in court-appointed receivership since April 21, 2021, when the Ontario Superior Court of Justice appointed msi Spergel Inc. as receiver and manager on the application of the Bank of Montreal under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. The Bank put its exposure at $1,786,669.81 as at December 8, 2020, comprising operating loan principal of $86,926.69 plus $134.16 interest and term loan principal of $1,683,028.55 plus $16,610.41 interest, secured by a November 28, 2018 general security agreement, a charge against 59 Woodlawn Road West, Guelph, an assignment of rents and PPSA registrations. A PPSA search disclosed one other registration, a Honda Finance Canada Inc. purchase-money interest in a 2019 Honda CR-V. The proceeding remains active under court file CV-20-00653228-00CL.
Court appointed msi Spergel Inc. receiver and manager of 8331707 Canada Inc. on Bank of Montreal's application under s. 243(1) BIA and s. 101 CJA.
Source: Receivership Order of the Honourable Justice Cavanagh
Debtor
8331707 Canada Inc. o/a Esso
Receiver
msi Spergel inc.
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Cavanagh | Ontario Superior Court of Justice | 1 order, Apr 2021 | 318 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ApplicantBank of Montreal | Miller Thomson LLP | 21 Apr 2021 | Order · 21 Apr 2021 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| PMSI / lessors | Bank of Montreal · in 297 casesGeneral Security Agreement dated November 28, 2018; Charge/Mortgage registered as instrument WC557941 against 59 Woodlawn Road West, Guelph, Ontario; Assignment of Rents registered as instrument WC557943; PPSA financing statements registered re GSA and Assignment of Rents — Amount is exact balance (Operating Loan principal $86,926.69 + interest $134.16; Term Loan principal $1,683,028.55 + interest $16,610.41) as at December 8, 2020 per affidavit; Notice of Application states the rounder prose figure 'approximately $1.825 million, plus costs' as of the same date (page 4). Bank believes it holds · as of 8 Dec 2020 | $1.79M | Application Record |
| PMSI / lessors |
1 more claim in 1 class The stack holds PMSI / lessors claims.
Every creditor and every amount.
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See all plansThis 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.
| Date | Document | File |
|---|---|---|
| Motion Record Returnable July 16, 2021 | PDF · Subscribers | |
Receivership Order of the Honourable Justice Cavanagh
| PDF · Subscribers | |
Application Record
| PDF · Subscribers | |
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CiteProceedings., “8331707 Canada Inc. o/a Esso” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 5 November 2026, https://proceedings.ca/case/8331707-canada-inc-o-a-esso