Proceedings.

863704 Ontario Inc., Metropolitan Ice Cream Inc., Oraccuz Holding Ltd. and Frank Zuccaro

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Active
Proceeding
Receivership (court-appointed)section 101 of the CJA
File
FC-19-0058934-0000
Filings held10
Last activity31 Mar 2023
On the record2,134 days
Secured debtSubscribers
OverviewSummary updated

863704 Ontario Inc., Metropolitan Ice Cream Inc., Oraccuz Holding Ltd. and Frank Zuccaro have been under a court-appointed receivership since October 8, 2020, in the Ontario Superior Court of Justice under court file FC-19-0058934-0000, and the proceeding remains active. Equitable Bank, which holds a first priority mortgage on the Densley Property and a general security agreement over all of 863704's property, assets and undertakings, was owed $1,691,685.77 as of June 11, 2021. Receivership financing from Hillmount Capital Inc., authorized to a facility not exceeding $400,000 and secured by a Receiver's Borrowings Charge under section 21 of the Receivership Order ranking behind the Equitable mortgage, stood at $265,624.80 on the same date. Maria Zuccaro, spouse of Frank Zuccaro, claims $70,001.67 in unpaid spousal payments under March 2020 and August 2020 matrimonial orders, plus $24,000 on a matrimonial costs order carrying interest at 2% per annum.

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Case updates10 dated entries

7 earlier updates, back to 17 November 2020 subscribers.

Parties

Debtor

863704 Ontario Inc., Metropolitan Ice Cream Inc., Oraccuz Holding Ltd. and Frank Zuccaro

Receiver

Dodick Landau

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice DouglasOntario Superior Court of Justice2 orders, Nov 2020 – Nov 20212 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverDodick LandauGarfinkle, Biderman LLP7 Jun 2021Order · 7 Jun 2021
ApplicantGarfinkle, Biderman LLP7 May 2021Application · 7 May 2021
CreditorGiuseppe ZuccaroProfessional Corporation1 Sep 2021Endorsement · 1 Sep 2021
CreditorInterested DODICK LANDAU INCGarfinkle, Biderman LLP1 Sep 2021Endorsement · 1 Sep 2021
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredEquitable Bank · in 16 casesFirst priority mortgage registered on title to Densley Property; also holds General Security Agreement against all of 863 Ontario's properties, assets and undertakings — Amount before nominal closing adjustments; approximately $1.7 million stated elsewhere in prose (para 19, 24(a)) is approximation, exact figure per draft payout statement used here — debtor: 863704 Ontario Limited · as of 11 Jun 2021$1.69MMotion Record of Receiver returnable June 7, 2021

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.

3 more claims across lower-ranking classes

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Sale processPer the transactions

Sale approvedCourt Order – Sale of Densley Property · 9 Jun 2021

PurchaserPriceStatusSource
Ashiana Capital Corp.the Applicant Debtor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") · asset sale · agreement 5 Mar 2021not statedApproved9 Jun 2021Court Order – Sale of Densley Property
Closing termsvesting effective upon delivery of the Receiver's Certificate confirming payment of purchase price and satisfaction of closing conditionsCourt Order – Sale of Densley Property
RecoveriesAs stated in the filings

Unsecured creditors: a distribution. Oraccuz Holdings Inc. a distribution.EstimatedMotion Record of the Applicant · 8 Mar 2023

ClassCreditorClaimsRecoveryBasisSource
Unsecuredunsecured creditors of Metroa distributionEstimatedper the receiverMotion Record of the Applicant · 8 Mar 2023
UnsecuredOraccuz Holdings Inc.related partya distributionEstimatedper the receiverMotion Record of the Applicant · 8 Mar 2023

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.

8 stated figures across 2 outcomes, each sourced

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Fees and ratesAs stated in the filings

2 engagements · 2 firmslatest: Dodick Landau Inc., Motion Record of the Applicant · 31 Mar 2023

FirmPeriodHoursFeesRatesSource
(firm not named)capacity not statedfirm not named in the heading•••••••••1 personMotion Record of Receiver · 7 Jun 2021
Dodick Landau Inc.Receiver••••••5 peopleMotion Record of the Applicant · 31 Mar 2023

30 stated figures across 2 engagements, each sourced

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Documents
10 filings
DateDocumentFile
Motion Record of the Applicant – Returnable March 31 2023
  • Recovery outcome Entries: per estimated; per estimated · Stated on: 2023-03-08 · Table missing:
  • Fee schedule Subscribers
PDF · Subscribers
Justice Douglas’ order to appoint Receiver issued November 17, 2021
  • Applicant Maria Zuccaro
  • Appointee Dodick Landau Inc.
  • Appointee role Receiver
  • Commencement date 17 November 2020
  • + 4 more extracted facts
PDF · Subscribers
Applicant’s Motion returnable September 1, 2021PDF · Subscribers
Endorsement re: consent to adjournment
  • Counsel Avery Zeidman Professional Corporation
  • Presiding officer Justice J. Bruhn
PDF · Subscribers
Court Order – Sale of Densley Property
  • Closing terms vesting effective upon delivery of the Receiver's Certificate confirming payment of purchase price and satisfaction of closing conditions
  • Order date 9 June 2021
  • Purchaser Ashiana Capital Corp. · the Applicant Debtor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") · asset sale · approved
  • Stalking horse Subscribers
PDF · Subscribers
Motion Record of Receiver returnable June 7, 2021
  • Fee schedule · Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Order Approving Receiver’s Distributions – June 7 2021
  • Counsel Garfinkle Biderman LLP
  • Presiding officer Justice Dunphy
PDF · Subscribers
Notice of Application
  • Counsel Garfinkle Biderman LLP
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Endorsement of Justice Douglas issued November 17, 2020
  • Presiding officer Justice Douglas
PDF · Subscribers
Affidavit in Support of Motion to appoint Receiver
  • Applicant Maria Zuccaro
  • Appointee Dodick Landau Inc.
  • Appointee role receiver/manager
  • Commencement date 8 October 2020
  • + 5 more extracted facts
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., “863704 Ontario Inc., Metropolitan Ice Cream Inc., Oraccuz Holding Ltd. and Frank Zuccaro” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/863704-ontario-inc-metropolitan-ice-cream-inc-oraccuz-holding-ltd-and-frank-zucc

Sources last checked · summary updated 14 August 2026 · Report a correction · Printed from proceedings.ca/case/863704-ontario-inc-metropolitan-ice-cream-inc-oraccuz-holding-ltd-and-frank-zucc

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.