Alan Saskin
- Proceeding
- Proposalsubsection 50.4 (1) of the Bankruptcy and Insolvency Act
- File
- 31-2117551
- Industry
- Real estate
Alan Saskin filed a notice of intention to make a proposal on 29 April 2016 under subsection 50.4(1) of the Bankruptcy and Insolvency Act, before the Ontario Superior Court of Justice (court files 31-2117551 and 31-2117602), with KSV Advisory as licensed insolvency trustee. CIBC Mortgages held four secured mortgage claims, of $180,658.41, $174,428.79, $158,854.77 and $152,625.21. The largest unsecured claims listed were $14,073,700.00 owed to Tuvia Fechthold, $1,582,704.00 to Dolvin Mechanical Contractors Ltd., $1,550,000.00 to Paramount Structures Ltd., and $1,356,547.00 to Taro Aluminum. The proceeding remains active.
A claims procedure has been established — see the order for deadlines.
Supplementary Motion Record of the Foreign Representative - Returnable January 22, 2018 — Application / notice of application
Motion Record of the Foreign Representative - Returnable December 4, 2017 - Part 1 — Application / notice of application
Motion Record of the Foreign Representative - Returnable December 4, 2017 - Part 2 — Application / notice of application
Motion Record of the Foreign Representative - Returnable December 4, 2017 - Part 3 — Application / notice of application
Filed a notice of intention to make a proposal on 29 April 2016, commencing the proceeding.
Source: Certificate of Filing an NOI
Undated filings3 — no date appears on the document · show
Debtor
Alan Saskin
Proposal trustee
Fuller Landau
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Myers | Ontario Superior Court of Justice | 2 orders, Jan 2018 | 117 cases on record |
| Justice Newbould | Ontario Superior Court of Justice | 2 orders, May 2016 – May 2017 | 111 cases on record |
| Justice Hainey | Ontario Superior Court of Justice | 2 orders, Aug 2016 | 211 cases on record |
| Justice Penny | Ontario Superior Court of Justice | 2 orders, Jul 2016 | 196 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorKSV Kofman Inc | Davies Ward Phillips & Vineberg LLP | 3 Oct 2017 | Service list · 3 Oct 2017 |
| Proposal trusteeFuller Landau | Dentons Canada LLP | 3 Oct 2017 | Service list · 3 Oct 2017 |
| CreditorAtrium Mortgage Investment Corporation | Teplitsky, Colson LLP | 23 May 2017 | Application · 18 May 2017 |
| CreditorAviva Insurance Company of Canada | Rosensteinlaw P.c. | 23 May 2017 | Application · 18 May 2017 |
| CreditorBMO | Chaitons LLP | 3 Oct 2017 | Service list · 3 Oct 2017 |
| CreditorCase Realty | Cassels Brock & Blackwell LLP | 23 May 2017 | Application · 18 May 2017 |
| CreditorCIBC and CIBC Mortgage Inc | Torys LLP | 3 Oct 2017 | Service list · 3 Oct 2017 |
| CreditorDepartment of Justice | Robins Appleby LLP | 3 Oct 2017 | Service list · 3 Oct 2017 |
| CreditorDowning Street Financial Inc | Dickinson Wright LLP | 23 May 2017 | Application · 18 May 2017 |
| CreditorEdge Companies and Alan Saskin | Bennett Jones LLP | 3 Oct 2017 | Service list · 3 Oct 2017 |
| CreditorFirst Capital Realty | Torys LLP | 3 Oct 2017 | Service list · 3 Oct 2017 |
| CreditorFirst Captial (King Liberty – Retail) Corporation, King Liberty North Corporation | Torys LLP | 23 May 2017 | Application · 18 May 2017 |
| CreditorFuller Landau Group Inc | Goldman Sloan Nash & Haber LLP | 6 Oct 2016 | Application · 30 Sep 2016 |
| CreditorFurkin Construction Inc | Delzotto Zorzi, LLP | 23 May 2017 | Application · 18 May 2017 |
| CreditorHomeLife Landmark Realty Inc | Fasken Martineau DuMoulin LLP | 23 May 2017 | Application · 18 May 2017 |
| CreditorLaurentian Bank of Canada | Blake, Cassels & Graydon LLP | 3 Oct 2017 | Service list · 3 Oct 2017 |
| CreditorMDF Mechanical Limited | Torkin Manes LLP | 23 May 2017 | Application · 18 May 2017 |
| CreditorMDF Mechanical Ltd | Garfinkle, Biderman LLP | 23 May 2017 | Application · 18 May 2017 |
| CreditorMid-Northern | Miller Thomson LLP | 3 Oct 2017 | Service list · 3 Oct 2017 |
| CreditorMinistry of Finance | Torys LLP | 3 Oct 2017 | Service list · 3 Oct 2017 |
| CreditorParamount Structures Ltd | Drudi Alexiou Kuchar LLP | 3 Oct 2017 | Service list · 3 Oct 2017 |
| CreditorRBC and BNS | McMillan LLP | 23 May 2017 | Application · 18 May 2017 |
| CreditorTarion Warranty Corporation | Torys LLP | 23 May 2017 | Application · 18 May 2017 |
| CreditorTerra Firma Capital Corporation | Robins Appleby LLP | 3 Oct 2017 | Service list · 3 Oct 2017 |
| CreditorToronto Media Arts Cluster | Goodmans LLP | 23 May 2017 | Application · 18 May 2017 |
| CreditorUrbancorp CCAA Entities | WeirFoulds LLP | 3 Oct 2017 | Service list · 3 Oct 2017 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | CIBC Mortgages · in 2 casesas of NOI filing date — Mortgage (account no. 003167546) — debtor: Alan Saskin | $181K | Notice to Creditors |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
13 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: a distribution. Israeli Bondholders a distribution.Under the plan · vote pendingAmended Proposal · 6 May 2019
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | — | — | paid in full | Under the planvote pendingper the debtor | Amended Proposal · 6 May 2019 |
| Secured | — | — | paid in full | Under the planvote pendingper the debtor | Amended Proposal · 6 May 2019 |
| Preferred | — | — | a distribution | Under the planvote pendingper the debtor | Amended Proposal · 6 May 2019 |
| Unsecured | — | — | a distribution | Under the planvote pendingper the debtor | Amended Proposal · 6 May 2019 |
| UnsecuredIsraeli Bondholder Claims | Israeli Bondholders | a distribution | Under the planvote pendingper the debtor | Amended Proposal · 6 May 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.
1 blurred figure above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plansAs at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Notice of Amended Proposal and Reconvened Meeting of Creditors
| PDF · Subscribers | |
Report of Proposal Trustee on Proposal
| PDF · Subscribers | |
Amended Proposal
| PDF · Subscribers | |
| Amended Statement of Affairs | PDF · Subscribers | |
| Letter to Creditors | PDF · Subscribers | |
Notice of Meeting Change Date to October 22, 2018
| PDF · Subscribers | |
| Endorsement | PDF · Subscribers | |
Order of Justice Myers
| PDF · Subscribers | |
Endorsement of Justice Myers
| PDF · Subscribers | |
Trustee's Sixth Report
| PDF · Subscribers | |
| Book of Authorities - January 17. 2018 | PDF · Subscribers | |
| Factum of the Foreign Representative | PDF · Subscribers | |
Supplement to the Seventh Report of the Foreign Representative
| PDF · Subscribers | |
| Supplementary Motion Record of the Foreign Representative - Returnable January 22, 2018 | PDF · Subscribers | |
| Motion Record of the Foreign Representative - Returnable December 4, 2017 - Part 1 | PDF · Subscribers | |
| Motion Record of the Foreign Representative - Returnable December 4, 2017 - Part 2 | PDF · Subscribers | |
| Motion Record of the Foreign Representative - Returnable December 4, 2017 - Part 3 | PDF · Subscribers | |
Service List
| PDF · Subscribers | |
Order of Justice Newbould
| PDF · Subscribers | |
Supplemental Motion Record - Returnable May 23, 2017
| PDF · Subscribers | |
| Motion Record - Returnable May 8, 2017 | PDF · Subscribers | |
Report to Creditors
| PDF · Subscribers | |
Proposal Notice to Creditors
| PDF · Subscribers | |
| Motion Record - Returnable October 6, 2016 - Part 1 | PDF · Subscribers | |
Motion Record - Returnable October 6, 2016 - Part 2
| PDF · Subscribers | |
| Trustee's Fourth Report | PDF · Subscribers | |
Endorsement of Justice Hainey
| PDF · Subscribers | |
Order of Justice Hainey
| PDF · Subscribers | |
| Trustee's Third Report | PDF · Subscribers | |
| Motion Record - Returnable August 24, 2016 | PDF · Subscribers | |
Endorsement of Justice Penny
| PDF · Subscribers | |
Order of Justice Penny
| PDF · Subscribers | |
| Trustee's Second Report | PDF · Subscribers | |
| Motion Record - Returnable July 11, 2016 | PDF · Subscribers | |
Endorsement of Justice Newbould
| PDF · Subscribers | |
Motion Record Returnable May 26, 2016 - Part 2
| PDF · Subscribers | |
| Trustee's First Report | PDF · Subscribers | |
Motion Record Returnable May 26, 2016 - Part 1
| PDF · Subscribers | |
Notice to Creditors
| PDF · Subscribers | |
Certificate of Filing an NOI
| PDF · Subscribers | |
| Proof of Claim | PDF · Subscribers | |
| Proxy | PDF · Subscribers | |
| Voting Letter | 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., “Alan Saskin” (Proposal), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/alan-saskin