Proceedings.

Ashcroft Homes Group

Follow
Active
Proceeding
Receivership (court-appointed)Companies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
File
CV-24-00098058-0000
Filings held130
Last activity16 Sep 2026
On the record640 days
Secured debt$58.9M
OverviewSummary updated

Ashcroft Homes Group has been under interim receivership since December 20, 2024, when the Ontario Superior Court of Justice appointed KSV Restructuring Inc. as Interim Receiver over eight related companies, including Ashcroft Urban Developments Inc., Ashcroft Homes – La Promenade Inc. and Ashcroft Homes – Capital Hall Inc., on the application of ACM Advisors Ltd. The order was made under section 47(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act, and included a stay of proceedings. KSV filed its First Report on February 14, 2025, reporting on cash management, insurance, mortgagee correspondence and oversight of the companies' businesses with property managers Brightwater and Varsity. The proceeding remains active under court file CV-24-00098058-0000.

Proceedings AIAsk this case — answers cite the filings
Ask in plain language. The answer comes only from this case’s filings, each one cited.
Enter to send · Shift+Enter for a new line
Case updates164 dated entries
#Sale

The court granted an approval and vesting order for the sale to 1000747194 Ontario Inc. Closing terms, as extracted: Sealed items remain confidential until the earlier of 60 days following closing of the Transaction, or further Order of the Court; vesting effective upon delivery of Receiver's Certificate confirming payment of purchase price, satisfaction/waiver of closing conditions, and completion of the Transaction. Sealed: Offer Summary (Confidential Appendix "1") and unredacted Sale Agreement (Confidential Appendix "2") to the Second Report.

Source: Approval and Vesting Order dated July 14, 2026

#Sale

Approved the sale to 1000747194 Ontario Inc., with vesting on delivery of the Receiver's Certificate confirming payment of the purchase price and completion; sealed appendices remain confidential until 60 days after closing.

Source: Approval and Vesting Order dated July 14, 2026

#Report

Fifth report recorded the October 1, 2025 closing of the Envie I sale to HS Canada 101 Champagne, L.P., and sought assignment of the property tax claim to ACM, fee approval and discharge.

Source: First Report of the Receiver dated October 27, 2025

#Order

1230172 Ontario Inc. — Receivership filed, Ontario.

#Report

Reported Envie I sale process results and the proposed sale to HS Canada 101 Champagne, mould remediation, lease terminations and a residential tenant settlement, and recommended authority to assign Envie I into bankruptcy.

Source: Pre-Filing Report of the Receiver dated July 14, 2025

#Order

A receivership order was granted over the assets of ASHCROFT URBAN DEVELOPMENTS INC., 2067166 ONTARIO INC., 2139770 ONTARIO INC., 2265132 ONTARIO INC., ASHCROFT HOMES – LA PROMENADE INC., 2195186 ONTARIO INC., ASHCROFT HOMES – CAPITAL HALL INC., 1019883 ONTARIO INC..

Source: Court Order Appointing Receiver dated February 24, 2025

#Report

First Report set out the receiver's activities since appointment — cash management procedures, insurance, an IT provider, mortgagee correspondence, cash flow projections, and work with property managers Brightwater and Varsity — and reported cash on hand of $371,195 at ReStays, $552,233 at Park Place Senior, $720,330 at Ravines Senior, $699,447 at Promenade Senior, $389,310 at Envie I, $322,362 at Envie II and $56,843 at Head Office.

Source: First Report of the Interim Receiver dated February 14, 2025

#Order

Court appointed KSV Restructuring Inc. interim receiver of the eight Ashcroft companies, stayed proceedings, and granted a first-ranking Interim Receiver's Charge for the receiver and its counsel plus a $500,000 borrowings charge ranking behind it.

Source: Interim Receivership Order dated December 20, 2024

Case update

Ashcroft Homes: the Ravines sale and the 130 parking spaces

Two receivers want September 9 approval to sell Ottawa's connected Ravines seniors' residences to Verve Senior Living, on condition of a declaration that David Choo's companies have no entitlement to the garage where they have claimed 130 spaces; at one building the mortgagees are projected to be repaid in full, while next door Central 1 Credit Union is owed $42,206,830.40, more than its sale will gross.

Parties

Debtor

Ashcroft Homes Group

Debtor

1230172 Ontario Inc.

Applicant

ACM Commercial Mortgage Fund,CMLS Financial Ltd.,Equitable Bank,Institutional Mortgage Capital Canada

Applicant

Cameron Stephens Mortgage Capital Ltd.

Interim receiver · Receiver

KSV

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice MewOntario Superior Court of Justice35 orders, Dec 2024 – Sep 20264 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverBDO Canada LimitedSimpsonWigle LAW LLP27 Oct 2025Service list · 27 Oct 2025
ReceiverBlaney McMurtry LLP · Norton Rose Fulbright Canada LLP27 Oct 2025Order · 27 Oct 2025
Interim receiverKSVBlaney McMurtry LLP · Norton Rose Fulbright Canada LLP19 Mar 2025Application · 31 Jul 2025
ApplicantACM Commercial Mortgage Fund,CMLS Financial Ltd.,Equitable Bank,Institutional Mortgage Capital CanadaAird & Berlis LLP · Cassels Brock & Blackwell LLP · Lenczner Slaght LLP10 Dec 2024Application · 11 Dec 2024
ApplicantBlue Rock Law LLP · Mann Lawyers LLP27 Oct 2025Service list · 27 Oct 2025
ApplicantCameron Stephens Mortgage Capital Ltd.Garfinkle, Biderman LLP15 Jul 2025Factum · 15 Jul 2025
DebtorAshcroft Homes GroupBlue Rock Law LLP · Mann Lawyers LLP24 Feb 2025Order · 4 Nov 2025
CreditorAlixPartners Restructuring, IncBlaney McMurtry LLP10 Jul 2026Application · 10 Jul 2026
CreditorAlma Byward Market LP and Forum Asset Management Acquisitions IncGarfinkle, Biderman LLP27 Oct 2025Service list · 27 Oct 2025
CreditorAviva Insurance Company of CanadaLow Murchison Radnoff LLP27 Oct 2025Service list · 27 Oct 2025
CreditorBDO Canada LtdDentons Canada LLP27 Oct 2025Service list · 27 Oct 2025
CreditorCanadian Western BankMiller Thomson LLP27 Oct 2025Service list · 27 Oct 2025
CreditorCCAA Grant Thornton LimitedOsler, Hoskin & Harcourt LLP27 Oct 2025Service list · 27 Oct 2025
CreditorFarallon Capital Management, L.L.CDavies Ward Phillips & Vineberg LLP27 Oct 2025Service list · 27 Oct 2025
CreditorFraser Mackinnon BlairDentons Canada LLP5 Aug 2026Service list · 5 Aug 2026
CreditorJennifer StamNorton Rose Fulbright Canada LLP5 Aug 2026Service list · 5 Aug 2026
CreditorMeridian Credit Union LimitedHarris Sheaffer LLP27 Oct 2025Service list · 27 Oct 2025
CreditorMNP LtdDentons Canada LLP27 Oct 2025Service list · 27 Oct 2025
CreditorNational Capital CommissionsSoloway Wright LLP27 Oct 2025Service list · 27 Oct 2025
CreditorOttawa-Carleton Standard Condominium Corporation NoDavidson Houle Allen LLP27 Oct 2025Service list · 27 Oct 2025
CreditorPeoples Trust CompanyBennett Jones LLP30 Jul 2025Factum · 30 Jul 2025
CreditorQueensway Carleton HospitalBorden Ladner Gervais LLP27 Oct 2025Service list · 27 Oct 2025
CreditorRetirement Homes Regulatory AuthorityFogler, Rubinoff LLP27 Oct 2025Service list · 27 Oct 2025
Capital structureAs asserted in the filings
stated amounts, drawn to scale · 1 named without a figure
#Priority classCreditorAmountSource
Court-ordered charges
1Court-ordered chargesInterim Receiver's Borrowings Charge — in priority to all security interests, fees, trusts, liens, charges and encumbrances, statutory or otherwise, in favour of any Person, on the specific property, but subordinate in priority to the Interim Receiver's Charg$500KInterim Receivership Order dated December 20, 2024
1Court-ordered chargesInterim Receiver's Charge — a first charge on the Property in priority to all security interests, trusts, liens, charges and encumbrances, statutory or otherwise, in favour of any Person, but subject to sections 14.06(7), 81.4(4), and 81.6(2) of thInterim Receivership Order dated December 20, 2024
Pre-filing debt
4SecuredCMLS Financial Ltd. (Lender), with Equitable Bank/General Bank as participants · in 7 casesMortgage on REStays Property (101 Queen St./110 Sparks St., Ottawa) plus Existing Security per Schedule A; guarantee by David Choo (personal guarantor) — Total indebtedness (principal and interest) as stated in Forbearance Agreement recital H, plus accruing interest and costs; David Choo is personal guarantor (individual, not a company) — debtor: Ashcroft Urban Developments Inc. · as of 9 Nov 2023$58.9MResponding Application Record of Equitable Bank and CMLS Financial Ltd. dated December 10, 2024
4SecuredCMLS Financial Ltd. · in 7 casesFirst mortgage (instrument no. OC2385994, registered Aug 12, 2021) on 101 Queen St. and 110 Sparks St., Ottawa ('REStays Property'); original loan principal $65,000,000.00; borrower also granted a $10 million collateral mortgage over 256 Rideau St., Ottawa under the Feb 23, 2024 forbearance agreement — Exact dated indebtedness per Forbearance Agreement recital H (principal + interest, plus accruing interest and costs). Prose approximations elsewhere in the record: 'reduced to approximately $59 million as of November 2023' (consistent with this figure) and 'presently stands at approximately $52 · as of 9 Nov 2023$58.9MResponding Application Record of Equitable Bank and CMLS Financial Ltd. dated December 10, 2024
4SecuredCMLS Financial Ltd. (with Equitable Bank and General Bank as beneficial participants) · in 7 casesas of present (as of affidavit) — First mortgage on 101 Queen St. and 110 Sparks St., Ottawa (REStays Property); registered instrument no. OC2385994; original loan principal $65,000,000.00; additional $10 million collateral mortgage over 256 Rideau St. provided under forbearance agreement — Approx. figure; loan matured Sept 1, 2023, demand made Nov 15, 2023; balance was $58,920,629.31 (principal and interest) as of Nov 9, 2023 per forbearance agreement recital, reduced to ~$59M then ~$52M after $10M repayment; second forbearance extension conditional on $20M additional collateral mortgage whic$52MResponding Application Record of Equitable Bank and CMLS Financial Ltd. dated December 10, 2024
4SecuredEquitable Bank (EQ Bank) · in 16 casesFirst mortgage on 105 Champagne Ave., Ottawa (ENVIE II Property) — Debt owing at time of formal demand and Notice of Intention to Enforce Security (Oct 9, 2024); loan now due in full following default; six delinquent payments totalling approx. $890,000 outstanding as of affidavit — debtor: Ashcroft Homes - Capital Hall Inc. · as of 9 Oct 2024$24.3MResponding Application Record of Equitable Bank and CMLS Financial Ltd. dated December 10, 2024

“not stated” means the record names the claim without a figure; “” means not in the extracted record.

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.

Sale processAs stated in the filings

7 transactions · 4 proposed · 1 closed · 1 approved · 1 terminatedReceiver recommends AVO approving the Ravines Senior Transaction; sale process pending court approvalSeventh Report of the Receiver dated August 18, 2026 · 19 Aug 2026

PurchaserPriceStatusSource
Alma Byward Market LPthe sale of two properties in Ottawa (municipally known as 256 Rideau Street and 211 Besserer Street, and together, the 'Properties') · asset sale · agreement 24 May 2024not statedTransaction completed in October 2024; Holdback Funds of approximately $5.1 million relate to this transaction.Closeddate not statedFirst Report of the Receiver and Manager dated…
unnamed proposed purchaser of Envie I under a letter of intent accepted December 17, 2024the business and assets of Envie 1 · asset salenot statedProposedFirst Report of the Receiver and Manager dated…
not yet identified; sale process approved for Ravines Seniorthe properties owned by Ravines Senior and 138 Ontario located at 636 Prado Private, Ottawa, Ontario · real propertynot statedProposedFourth Report of the Receiver dated July 23,…
not yet identified; sale process approved for Promenade Propertiesthe properties owned by Promenade Senior located at 100, 130 and 150 Rossignol Drive, Ottawa, Ontario · real propertynot statedProposedFourth Report of the Receiver dated July 23,…
HS Canada 101 Champagne, L.P., HS Canada 101 Champagne GP Inc. and HS Canada 101 Champagne Property Inc.the Building · real property · nominee/assignee: HS Canada 101 Champagne GP Inc. · agreement 21 Feb 2025not statedProposedSettlement Agreement Approval and Increased…
HS Canada 101 Champagne, L.P., by its general partner, HS Canada 101 Champagne GP Inc.the Real Property listed on Schedule 'B' hereto and all of the other assets, undertakings and properties of the Debtor, and all proceeds thereof · real property · nominee/assignee: HS Canada 101 Champagne Property Inc. · agreement 21 Feb 2025SealedApproved7 Aug 2025Approval and Vesting Order dated August 7, 2025
1000747194 Ontario Inc.the Debtor's right, title and interest in and to the Assets (as defined in the Sale Agreement, and collectively with the Real Property, the ' Purchased Assets ') · real property · agreement 8 Dec 2025SealedTerminated14 Jul 2026Approval and Vesting Order dated July 14, 2026
AdvisorsTD Cornerstone Commercial Realty Inc. (listing broker); Cushman & Wakefield Ottawa (listing broker); CMLS Advisory (sale agent); N.R.E. Newmark Real Estate Canada Limited (listing broker); CBRE Limited (listing broker); Brightwater Senior Living Group LLC (sale agent); CMLS Realty Ltd. (listing broker)Approval and Vesting Order dated August 7, 2025
Closing termsVesting occurs upon delivery of the Receiver's Certificate to the Purchaser.Approval and Vesting Order dated July 14, 2026
Sealed materialsCMLS Report (reporting letter of CMLS Realty Ltd.); unredacted Sale Agreement and related amendments; Offer Summary (Confidential Appendix "1") and unredacted Sale Agreement (Confidential Appendix "2") to the Second Report; Offer Summary (summary of offers received in the Sales Process)Approval and Vesting Order dated August 7, 2025
RecoveriesAs declared or paid

Unsecured creditors: no distribution. ACM Advisors Ltd. short by $1M · CMLS Financial Ltd. short · Central 1 short.EstimatedMotion Record of the Receiver AlixPartners dated July 7, 2026 - Part 1… · 7 Jul 2026

ClassCreditorClaimsRecoveryBasisSource
SecuredACM Advisors Ltd.short by $1MconditionalFinalper the receiverTrustee's Preliminary Report · 17 Nov 2025
SecuredCMLS Financial Ltd.shortfallEstimatedper the receiverMotion Record of the Receiver AlixPartners dated July 7, 2026 - Part 1… · 7 Jul 2026
SecuredCentral 1shortfallEstimatedper the receiverMotion Record of the Receiver · 24 Aug 2026
SecuredPeoples Trust Companya distributionFinalper the receiverTrustee's Preliminary Report · 17 Nov 2025
Unsecuredunsecured creditors of AUDI arising in the Receivership Proceedingsno distributionconditionalEstimatedper the receiverMotion Record of the Receiver AlixPartners dated July 7, 2026 - Part 1… · 7 Jul 2026

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.

Fees and ratesAs stated in the filings

7 engagements · 6 firmslatest: KSV Restructuring Inc., 4 Dec 2024 – 30 Sep 2025Fifth Report of the Receiver re 2195186 Ontario Inc. · 28 Oct 2025

FirmPeriodHoursFeesRatesSource
AlixPartners Restructuring, Inc.Receiver$607.90stated averageMotion Record of the Receiver AlixPartners dated July 7, 2026 - Part 1… · 7 Jul 2026
BlaneyReceiver$771.32stated averageFifth Report of the Receiver re 2195186 Ontario Inc. · 28 Oct 2025
Blaney McMurtry LLPCounsel$771.32stated averageMotion Record of the Receiver AlixPartners dated July 7, 2026 - Part 1… · 7 Jul 2026
BlaneysInterim receiver11 Dec 2024 – 30 Sep 2025$777stated averageSecond Report of the Receiver re Ashcroft Homes - Capital Hall Inc. · 17 Oct 2025
KSV Restructuring Inc.Receiverperiod 2 of 24 Dec 2024 – 30 Sep 2025$612stated averageFifth Report of the Receiver re 2195186 Ontario Inc. · 28 Oct 2025
KSV Restructuring Inc.Receiverperiod 1 of 2$654.12stated averageMotion Record of the Receiver re Envie I · 28 Oct 2025
NRFCcapacity not statedto 30 Sep 2025$615.36stated averageFirst Report of the Receiver · 27 Oct 2025
Estate financialsReported figures — never derived

Cumulative receipts

$6.82M

As at 28 Oct 2025Fifth Report of the Receiver re 2195186 Ontario Inc. dated October 28, 2025

Cash on hand

$759K

As at 28 Oct 2025Fifth Report of the Receiver re 2195186 Ontario Inc. dated October 28, 2025

Professional fees to date

Receiver (KSV): $575,125; Blaney McMurtry LLP: $807,731; Receiver and Blaney (Fee Accrual estimate): $100,000

As at 28 Oct 2025Fifth Report of the Receiver re 2195186 Ontario Inc. dated October 28, 2025

Documents
130 filings
DateDocumentFile
Notice to Creditors dated September 16, 2026Trustee site
Certificate of Appointment dated September 15, 2026Trustee site
Ancillary Order dated September 9, 2026Trustee site
Approval and Vesting Order dated September 9, 2026Trustee site
Endorsement of Justice Mew dated September 1 2026
  • Presiding officer Justice Mew
PDF
Motion Record of the Receiver dated August 24, 2026
  • Recovery outcome Entries: per estimated · Table missing:
PDF
Motion Record dated August 19, 2026PDF
Seventh Report of the Receiver dated August 18, 2026
  • Purchaser Original Purchaser under the failed First Ravines APS · the Purchased Assets · real property · terminated
  • Sale advisor N.R.E. Newmark Real Estate Canada Limited (listing broker)
  • Sale outcome Approval pending — Receiver recommends AVO approving the Ravines Senior Transaction; sale process pending court approval
PDF
Ashcroft Urban Developments Inc. Service List as at August 5, 2026
  • Counsel Dentons Canada LLP
PDF
Approval and Vesting Order dated July 14, 2026
  • Closing terms Vesting occurs upon delivery of the Receiver's Certificate to the Purchaser.
  • Purchaser 1000747194 Ontario Inc. · the Debtor's right, title and interest in and to the Assets (as defined in the Sale Agreement, and collectively with the Real Property, the ' Purchased Assets ') · real property · price sealed · approved
  • Sale outcome Sale approved — The Transaction is hereby approved.
  • Sealed items Offer Summary (summary of offers received in the Sales Process); unredacted Sale Agreement and related amendments
PDF
Distribution and Ancillary Relief Order dated July 14, 2026
  • Counsel BLANEY McMURTRY LLP
  • Presiding officer Justice Mew
PDF
Endorsment of Justice Mew dated July 14, 2026
  • Presiding officer Justice Mew
PDF
Factum of the Receiver dated July 10, 2026
  • Counsel BLANEY McMURTRY LLP
PDF
Supplementary Motion Record of the Receiver dated July 10, 2026
  • Counsel BLANEY McMURTRY LLP
PDF
Motion Record of the Receiver AlixPartners dated July 7, 2026 - Part 1 of 2
  • Fee schedule Engagements: Form: prose · Rows: · Money: Approximate: false · Period: Kind: unstated · Approval: State: unstated · Averages: the Receiver · Currency: · Invoices: · Firm text: AlixPartners Restructuring, Inc. · Firm quote: Lawyers for AlixPartners Restructuring, Inc. in its capacity as Court-appointed Receiver · Context quote: Lawyers for AlixPartners Restructuring, Inc. in its capacity as Court-appointed Receiver; Form: prose · Rows: · Money: Approximate: false · Period: Kind: unstated · Approval: State: unstated · Averages: Blaney · Currency: · Invoices: · Firm text: Blaney McMurtry LLP · Firm quote: BLANEY McMURTRY LLP · Context quote: BLANEY McMURTRY LLP
  • Recovery outcome Entries: per estimated; per estimated · Stated on: 2026-07-07 · Table missing:
PDF
Motion Record of the Receiver AlixPartners dated July 7, 2026 - Part 2 of 2PDF
Second Report of the Receiver re Ashcroft Urban Developments Inc. dated July 7, 2026
  • Operational summary The Receiver's activities since the First Report included corresponding with employees of ReStays, the Condo Corps, OCLCC 1069, CMLS, Brokers, prospective purchasers, NCC, Tarion, MPAC/Ryan, tenants, insurers, and CRA regarding the Sale Process, Transaction, property taxes, HST filings, and operational matters at ReStays, as well as overseeing AUDI's business operations, payroll, and maintaining the Case Website.
PDF
Ashcroft Urban Developments Inc. Service List as at April 2, 2026PDF
Receiver's Discharge Certificate re La Promenade and 1230172 Ontario dated November 28, 2025PDF
Receiver's Discharge Certificate re La Promenade and 2067166 Ontario dated November 28, 2025PDF
Trustee's Preliminary Report dated November 17, 2025
  • Recovery outcome Entries: per actual; per actual; per estimated · Stated on: 2025-11-17 · Table missing:
PDF
Receiver's Discharge Certificate dated November 13, 2025PDF
Ancillary Order (Park Place Senior and Promenade Senior) dated November 4, 2025
  • Counsel Blue Rock Law LLP
  • Presiding officer Justice Mew
PDF
Ancillary Order dated November 4, 2025
  • Counsel Mann Lawyers LLP
  • Court Ontario Superior Court of Justice
  • Debtor names 1230172 Ontario Inc.
  • Order date 4 November 2025
  • + 2 more extracted facts
PDF
Refinancing Order (Park Place Senior and Promenade Senior) dated November 4, 2025
  • Commencement date 5 December 2024
  • Counsel Blue Rock Law LLP
  • Court Ontario Superior Court of Justice
  • Debtor names 2067166 Ontario Inc.; 2265132 Ontario Inc.; Ashcroft Homes – La Promenade Inc.; 2195186 Ontario Inc.; 1384274 Ontario Inc.; 1019883 Ontario Inc.
  • + 3 more extracted facts
PDF
Refinancing Order dated November 4, 2025
  • Commencement date 21 July 2025
  • Counsel Mann Lawyers LLP
  • Court Ontario Superior Court of Justice
  • Debtor names 1230172 Ontario Inc.
  • + 3 more extracted facts
PDF
Ancillary Order (Park Place Senior and Promenade Senior) dated November 3, 2025
  • Counsel Blue Rock Law LLP
  • Court Ontario Superior Court of Justice
  • Debtor names 2067166 Ontario Inc.; 2265132 Ontario Inc.; Ashcroft Homes – La Promenade Inc.; 2195186 Ontario Inc.; 1384274 Ontario Inc.; 1019883 Ontario Inc.
  • Order date 4 November 2025
  • + 2 more extracted facts
PDF
Discharge Order dated November 3, 2025
  • Counsel BLANEY McMURTRY LLP
  • Presiding officer Justice Mew
PDF
Envie I - Receiver's Discharge Certificate dated November 3, 2025PDF
Refinancing Order (Park Place Senior and Promenade) dated November 3, 2025
  • Counsel Blue Rock Law LLP
  • Court Ontario Superior Court of Justice
  • Debtor names 2067166 Ontario Inc.; 2265132 Ontario Inc.; Ashcroft Homes – La Promenade Inc.; 2195186 Ontario Inc.; 1384274 Ontario Inc.; 1019883 Ontario Inc.
  • Order date 4 November 2025
  • + 2 more extracted facts
PDF
Certificate of Appointment dated October 28, 2025 - 2195186 Ontario Inc.PDF
Fifth Report of the Receiver re 2195186 Ontario Inc. dated October 28, 2025
  • Cash on hand $759K
  • Fee schedule Engagements: Form: report_table · Rows: · Money: Approximate: false · Period: End: 2025-09-30 · Kind: cumulative · Label: Schedule of Professionals' Time and Rates For the Period from December 4, 2024 to September 30, 2025 · Quote: Schedule of Professionals' Time and Rates For the Period from December 4, 2024 to September 30, 2025 · Start: 2024-12-04 · Approval: State: unstated · Averages: Receiver · Currency: · Invoices: · Firm text: KSV Restructuring Inc. · Firm quote: Fifth Report to Court of KSV Restructuring Inc. as Receiver and Manager · Context quote: Fifth Report to Court of KSV Restructuring Inc. as Receiver and Manager of 2067166 Ontario Inc., 2265132 Ontario Inc., Ashcroft Homes - La Promenade Inc., 2195186 Ontario Inc., 1384274 Ontario Inc. and 1019883 Ontario Inc.; Form: report_table · Rows: · Money: Approximate: false · Period: Kind: unstated · Approval: State: unstated · Averages: Blaney · Currency: · Invoices: · Firm text: Blaney · Firm quote: Blaney · Context quote: The average hourly rates for the Receiver and Blaney for the referenced billing periods are $654.12 and $771.32, respectively.
  • Operational summary The Fifth Report provides background on Envie I, updates on the Transaction that closed October 1, 2025 for the sale of the Real Property to HS Canada 101 Champagne, L.P., an overview of the Receiver's activities since the Fourth Report (including corresponding with the Purchaser, Peoples, ACM, terminating Varsity's property management agreement, filing HST returns, and preparing statements of receipts and disbursements), a summary of professional fees, and recommendations for Court relief including assignment of the Property Tax Claim to ACM, approval of fees, approval of prior reports, and discharge of the Receiver upon filing a Discharge Certificate. On October 27, 2025, the Receiver assigned Envie I into bankruptcy.
  • Professional fees $575K · Party: Receiver (KSV) · Period: December 4, 2024 to September 30, 2025; $808K · Party: Blaney McMurtry LLP · Period: December 12, 2024 to September 30, 2025; $100K · Party: Receiver and Blaney (Fee Accrual estimate) · Period: October 1, 2025 to completion of mandate
  • + 4 more extracted facts
PDF
Motion Record of the Receiver re Envie I dated October 28, 2025
  • Fee schedule Engagements: Form: prose · Rows: · Money: Approximate: false · Period: Kind: unstated · Approval: State: unstated · Averages: Receiver · Currency: · Invoices: · Firm text: KSV Restructuring Inc. · Firm quote: Lawyers for KSV Restructuring Inc., in its capacity as Court-appointed Receiver · Context quote: Lawyers for KSV Restructuring Inc., in its capacity as Court-appointed Receiver; Form: prose · Rows: · Money: Approximate: false · Period: Kind: unstated · Approval: State: unstated · Averages: Blaney · Currency: · Invoices: · Firm text: Blaney McMurtry LLP · Firm quote: BLANEY McMURTRY LLP · Context quote: The average hourly rates for the Receiver and Blaney for the referenced billing periods are $654.12 and $771.32, respectively.
  • Recovery outcome Entries: per actual · Stated on: 2025-10-28 · Table missing:
PDF
Endorsement of Justice Mew dated October 27, 2025
  • Presiding officer Justice Mew
PDF
Motion Record of Applicants dated October 27, 2025PDF
Motion Record of Respondent dated October 27, 2025PDF
Service List at at October 27, 2025
  • Counsel Cassel Brock & Blackwell LLP
PDF
Settlement Approval and Discharge Order dated October 27, 2025
  • Counsel BLANEY McMURTRY LLP
  • Court Ontario Superior Court of Justice
  • Estate no CV-25-00098805-0000
  • Presiding officer Justice Mew
  • + 1 more extracted fact
PDF
Sixth Report of the Receiver dated October 27, 2025
  • Fee schedule Engagements: Form: invoice_listing · Rows: · Money: Approximate: false · Period: End: 2025-09-30 · Kind: cumulative · Quote: for the period from the commencement of NRFC's engagement until September 30, 2025 · Approval: State: unstated · Averages: · Currency: Code: CAD · Quote: Fees (CAD) · Invoices: Tax: 1393.15 · Date: 2025-08-15 · Fees: 10716.5 · Quote: August 15, 2025 July 31, 2025 $ 10,716.50 $ 0.00 $ 1,393.15 $ 12,109.65 · Total: 12109.65 · Period end: 2025-07-31 · Disbursements: 0; Tax: 972.88 · Date: 2025-09-15 · Fees: 7029.5 · Quote: September 15, 2025 August 31, 2025 $ 7,029.50 $ 454.20 $ 972.88 $ 8,456.58 · Total: 8456.58 · Period end: 2025-08-31 · Disbursements: 454.2 · Firm text: NRFC · Firm quote: a schedule summarizing the accounts of NRFC rendered to KSV for fees and disbursements incurred by NRFC in connection with these proceedings · Context quote: for the period from the commencement of NRFC's engagement until September 30, 2025
PDF
Memorandum of Law of the Receiver dated October 23, 2025
  • Counsel BLANEY McMURTRY LLP
PDF
Envie II - Motion Record of the Receiver re Settlement Approval, Distribution and Discharge dated October 17, 2025PDF
Second Report of the Receiver re Ashcroft Homes - Capital Hall Inc. dated October 17, 2025
  • Cash on hand $4.03M
  • Fee schedule Engagements: Form: report_table · Rows: · Money: Approximate: false · Period: End: 2025-09-30 · Kind: cumulative · Quote: Schedule of Professionals' Time and Rates For the Period from December 4, 2024 to September 30, 2025 · Start: 2024-12-04 · Approval: State: unstated · Averages: the Receiver · Currency: · Invoices: · Firm text: KSV Restructuring Inc. · Firm quote: SECOND REPORT OF KSV RESTRUCTURING INC. AS RECEIVER · Context quote: as Receiver of Ashcroft Homes - Capital; Form: report_table · Rows: · Money: Approximate: false · Period: End: 2025-09-30 · Kind: cumulative · Quote: for the period from December 11, 2024, up to and including September 30, 2025 · Start: 2024-12-11 · Approval: State: unstated · Averages: Blaney · Currency: · Invoices: · Firm text: Blaneys · Firm quote: Blaneys · Context quote: Blaneys has provided services and incurred disbursements in relation to the Interim Receivership and the Receivership for the period from December 11, 2024, up to and including September 30, 2025, as described in the Legal Costs Summary attached hereto and marked as Exhibit 'A'
  • Operational summary Since the First Report, the Receiver's activities included corresponding with Equitable Bank and counsel, corresponding with OPM regarding leasing and transition, dealing with the Northbridge litigation/Claim, corresponding with the Condo Corp., responding to creditor/stakeholder inquiries, overseeing Capital Hall's business including receipts and disbursements, maintaining the Case Website, and drafting the Second Report.
  • Professional fees $247K
  • + 3 more extracted facts
PDF
First Report of the Receiver re Ashcroft Homes - Capital Hall Inc. dated September 26, 2025
  • Operational summary Since its appointment, the Receiver's activities include corresponding with Ashcroft Homes Group employees and Equitable Bank, preparing cash flow projections and statements of receipts and disbursements, overseeing Capital Hall's business including controlling receipts and disbursements, corresponding with OPM regarding leasing matters, dealing with the Northbridge litigation, corresponding with the Condo Corp. regarding the SFA and amounts claimed owed, considering processes to market the Units for sale, responding to stakeholder inquiries, maintaining the Case Website, and drafting the First Report.
  • Report date 26 September 2025
  • Report no First Report
PDF
Motion Record of the Receiver dated September 26, 2025PDF
Motion Record of the Receiver dated September 12, 2025PDF
Ancillary Relief Order dated August 28, 2025
  • Counsel Norton Rose Fulbright Canada LLP
  • Court Ontario Superior Court of Justice
  • Debtor names 2067166 Ontario Inc.; 2265132 Ontario Inc.; Ashcroft Homes – La Promenade Inc.; 2195186 Ontario Inc.; 1384274 Ontario Inc.; 1019883 Ontario Inc.
  • Order date 28 August 2025
  • + 2 more extracted facts
PDF
Endorsement of Justice Mew dated August 28, 2025
  • Presiding officer Justice Mew
PDF
Second Supplement to Fourth Report of the Receiver dated August 27, 2025
  • Operational summary This report provides updates on the Receiver's activities related to Residential Tenants and the Revised Settlement, summarizes the 7th Amendment to the APS extending conditions to September 5, 2025, and addresses elevator service safety concerns due to mould in the Building.
  • Purchaser HS Canada 101 Champagne, L.P., by its general partner, HS Canada 101 Champagne GP Inc. · nominee/assignee HS Canada 101 Champagne Property Inc. · the real property (the ' Real Property ') · real property · approved
  • Recovery outcome Entries: per estimated · Table missing:
  • Report date 27 August 2025
  • + 2 more extracted facts
PDF
Second Supplementary Motion Record of the Receiver dated August 27, 2025
  • Counsel Norton Rose Fulbright Canada LLP
  • Recovery outcome Entries: per estimated · Table missing:
PDF
Approval and Vesting Order dated August 7, 2025
  • Closing terms vesting effective upon delivery of Receiver's Certificate confirming satisfaction of purchase price and closing conditions
  • Order date 7 August 2025
  • Purchaser HS Canada 101 Champagne, L.P., by its general partner, HS Canada 101 Champagne GP Inc. · the Real Property listed on Schedule 'B' hereto and all of the other assets, undertakings and properties of the Debtor, and all proceeds thereof · real property · price sealed · approved
  • Sale advisor CMLS Realty Ltd. (listing broker)
  • + 2 more extracted facts
PDF
Endorsement of Mew J dated August 7, 2025
  • Presiding officer Justice Mew
PDF
Endorsement of Justice Mew dated August 1, 2025
  • Presiding officer Justice Mew
PDF
Settlement Agreement Approval and Increased Funding Order dated August 1, 2025
  • Counsel Norton Rose Fulbright Canada LLP
  • Court Ontario Superior Court of Justice
  • Debtor names 2067166 Ontario Inc.; 2265132 Ontario Inc.; Ashcroft Homes – La Promenade Inc.; 2195186 Ontario Inc.; 1384274 Ontario Inc.; 1019883 Ontario Inc.
  • Presiding officer Justice Mew
  • + 2 more extracted facts
PDF
Factum of Muhammad Yaasir Hosenie dated July 31, 2025PDF
Supplement to Fourth Report of the Receiver dated July 31, 2025
  • Operational summary This Supplemental Report updates the Court on the Receiver's activities related to the Residential Tenants and the Commercial Tenant, summarizes revisions to the proposed Settlement (the Revised Settlement), and recommends the Court issue a revised Ancillary Order approving the Revised Settlement and increasing the Receiver's borrowing limit regarding Envie I from $500,000 to $950,000 to effect the Revised Settlement.
  • Purchaser HS Canada 101 Champagne, L.P. · nominee/assignee HS Canada 101 Champagne GP Inc. · the Building · real property · approved
  • Report date 31 July 2025
  • Report no Supplement to Fourth Report
  • + 1 more extracted fact
PDF
Supplementary Motion Record of the Receiver dated July 31, 2025
  • Counsel Norton Rose Fulbright Canada LLP
PDF
Aide-Memoire of Peoples Trust Company dated July 30, 2025
  • Counsel Bennett Jones LLP
PDF
Endorsement of Justice Mew dated July 29, 2025
  • Presiding officer Justice Mew
PDF
Factum of ACM Advisors Ltd. dated July 29, 2025
  • Counsel Cassels Brock & Blackwell LLP
PDF
Factum of the Receiver dated July 29, 2025PDF
Notice and Statement of Receiver as at July 28, 2025PDF
Fourth Report of the Receiver dated July 23, 2025
  • Commencement date 24 February 2025
  • Court Ontario Superior Court of Justice
  • Court file no CV-24-00098058-0000
  • Financial position It is not anticipated there will be any proceeds available from the Transaction for junior or unsecured creditors of Envie I, as sale proceeds will satisfy Priority Payables and the balance will be satisfied by assumption of the Peoples Loan and ACM Loan.
  • + 11 more extracted facts
PDF
Motion Record of Receiver of Envie I dated July 23, 2025PDF
Order Appointing Receiver dated July 21, 2025
  • Counsel Garfinkle Biderman LLP
  • Court Ontario Superior Court of Justice
  • Debtor names 1230172 Ontario Inc.
  • Order date 21 July 2025
  • + 2 more extracted facts
PDF
Sales Process Approval (Park Place Senior) Order dated July 21, 2025
  • Court Ontario Superior Court of Justice
  • Debtor names 2067166 Ontario Inc.; 2265132 Ontario Inc.; Ashcroft Homes – La Promenade Inc.; 2195186 Ontario Inc.; 1384274 Ontario Inc.; 1019883 Ontario Inc.
  • Order date 21 July 2025
  • Presiding officer Justice Mew
  • + 2 more extracted facts
PDF
Sales Process Approval Order dated July 21, 2025
  • Court Ontario Superior Court of Justice
  • Debtor names 1230172 Ontario Inc.
  • Order date 21 July 2025
  • Presiding officer Justice Mew
  • + 2 more extracted facts
PDF
Factum of the Applicant dated July 15, 2025
  • Counsel Garfinkle Biderman LLP
PDF
Order Appointing Receiver dated July 15, 2025
  • Counsel Garfinkle Biderman LLP
  • Court Ontario Superior Court of Justice
  • Debtor names 1230172 Ontario Inc.
  • Order date 21 July 2025
  • + 2 more extracted facts
PDF
Supplementary Affidavit of Jeremy Izso sworn July 15, 2025
  • Counsel Garfinkle Biderman LLP
  • Secured creditors $12.5M · Note: Amount is principal and interest owing under Commitment Letter and Mortgage as of March 13, 2025, excluding fees and legal costs; Indebtedness also secured by unlimited personal Guarantee of David Choo (principal of Borrower) dated March 28, 2024, with Postponement of Claim; Guarantor irrevocably consents to judgment for full amount of Guarantee upon default (Forbearance Agreement s.6.2(c)) · Page: 6 · As of: 2025-03-13 · Debtor: 1230172 Ontario Inc. · Creditor: Cameron Stephens Mortgage Capital Ltd. · Security: Mortgage registered March 28, 2024 as Instrument OC2678575 against 110 Central Park Drive, Ottawa, Ontario (registered principal $15,240,000.00); Loan facility amount $12,700,000.00 per Commitment Letter dated March 1, 2024
PDF
Motion Record of the Receiver and Manager of Park Place Retirement dated July 14, 2025PDF
Motion Record of the Receiver of Park Place Senior dated July 14, 2025PDF
Third Report and Pre-Filing Report of the Receiver dated July 14, 2025
  • Commencement date 5 December 2024
  • Court Ontario Superior Court of Justice
  • Court file no CV-24-00098058-0000
  • Operational summary The Receiver provides background on the Ashcroft Receivership Proceedings and Park Place Retirement Proceedings, summarizes proposed preliminary steps if appointed Receiver of Park Place Retirement including retention of Brightwater Senior Living Group LLC as property manager, summarizes the proposed Park Place Sale Process for Park Place Senior and Park Place Retirement including retention of Newmark as listing agent, provides an update on Mr. David Choo's refinancing efforts, and recommends the Court approve the Park Place Sale Process.
  • + 8 more extracted facts
PDF
Aide Memoire of the Receiver dated May 27, 2025PDF
Endorsement of Justice Mew dated May 27, 2025
  • Presiding officer Justice Mew
PDF
Sale Process Approval Order - Ravines Senior and Promenade Senior dated May 27, 2025
  • Order date 27 May 2025
  • Presiding officer Justice Mew
  • Sale outcome Sale process approved — Promenade Sale Process and Ravines Sale Process approved, subject to prior court approval before completion of any sale transaction
PDF
Factum of the Receiver dated May 22, 2025PDF
Motion Record of the Receiver dated May 20, 2025PDF
Second Report of the Receiver dated May 20, 2025
  • Cash on hand $1.11M
  • Operational summary The Receiver's activities since the First Report have included: working with legal counsel on transfer of holdback funds; carrying out the realtor proposal process; working with Brightwater Senior Living Group on property management; dealing with insurance matters; corresponding with mortgagees; maintaining cash flow projections and budget-to-actual variance analyses; overseeing receipts and disbursements; corresponding with RHRA; negotiating listing agreements with Newmark and CBRE; working with Blaney and NRF; responding to stakeholder inquiries; maintaining the case website; and drafting this Second Report.
  • Receipts cumulative $3.2M
  • Report date 20 May 2025
  • + 3 more extracted facts
PDF
Funds Transfer Order dated March 21, 2025
  • Court Ontario Superior Court of Justice
  • Debtor names 2067166 Ontario Inc.; 2265132 Ontario Inc.; Ashcroft Homes – La Promenade Inc.; 2195186 Ontario Inc.; 1384274 Ontario Inc.; 1019883 Ontario Inc.
  • Order date 21 March 2025
  • Presiding officer Justice Mew
  • + 1 more extracted fact
PDF
Sale Process and Sealing order dated March 21, 2025
  • Counsel BLANEY McMURTRY LLP
  • Order date 21 March 2025
  • Presiding officer Justice Mew
  • Sale outcome Sale process approved — the marketing and sale process set out in paragraphs 3.2.1 and 3.2.2 of the First Report be and is hereby approved
PDF
Factum of the Receiver as at March 19, 2025
  • Counsel BLANEY McMURTRY LLP
PDF
Motion Record dated March 14, 2025PDF
Motion Record of the Receiver dated March 14, 25 re CMLSPDF
AUDI - First Report to Court dated March 13 2025
  • Operational summary Since its appointment, the Receiver's activities include corresponding with employees, CMLS and legal counsel, communicating with stakeholders, preparing cash flow projections and budget-to-actual variance analyses, overseeing AUDI's business including controlling receipts and disbursements, considering offers for condominium units, updating condominium disclosure documents, meeting with HCRA regarding license renewal, corresponding regarding RFP and refinancing efforts, responding to stakeholder inquiries, maintaining the Case Website, and drafting this First Report.
  • Report date 13 March 2025
  • Report no First Report
  • Sale advisor TD Cornerstone Commercial Realty Inc. (listing broker); Cushman & Wakefield Ottawa (listing broker)
  • + 1 more extracted fact
PDF
First Report of the Receiver and Manager dated March 13, 2025
  • Closing confirmed Closed · date not stated · Alma Byward Market LP
  • Operational summary Since its appointment, the Interim Receiver has worked to stabilize the businesses, engage property managers, consult with the mortgagees and correspond with regulatory authorities.
  • Purchaser Alma Byward Market LP · the sale of two properties in Ottawa (municipally known as 256 Rideau Street and 211 Besserer Street, and together, the 'Properties') · asset sale · closed; unnamed proposed purchaser of Envie I under a letter of intent accepted December 17, 2024 · the business and assets of Envie 1 · asset sale · proposed
  • Report date 13 March 2025
  • + 2 more extracted facts
PDF
Residents Notice dated February 28, 2025 - Park PlacePDF
Residents Notice dated February 28, 2025 - PromenadePDF
Residents Notice dated February 28, 2025 - RavinesPDF
Condo Lien Regularization Order dated February 24, 2025
  • Court Ontario Superior Court of Justice
  • Debtor names ASHCROFT URBAN DEVELOPMENTS INC.; 2067166 ONTARIO INC.; 2139770 ONTARIO INC.; 2265132 ONTARIO INC.; ASHCROFT HOMES – LA PROMENADE INC.; 2195186 ONTARIO INC.; ASHCROFT HOMES – CAPITAL HALL INC.; 1019883 ONTARIO INC.
  • Order date 24 February 2025
  • Presiding officer Justice Mew
  • + 1 more extracted fact
PDF
Court Order Appointing Receiver Ashcroft Homes - Capital Hall Inc. dated February 24, 2025
  • Applicant Equitable Bank
  • Appointee KSV Restructuring Inc.
  • Appointee role receiver
  • Court SUPERIOR COURT OF JUSTICE
  • + 6 more extracted facts
PDF
Court Order Appointing Receiver dated February 24, 2025
  • Applicant KSV Restructuring Inc.
  • Appointee KSV Restructuring Inc.
  • Appointee role receiver and manager
  • Court SUPERIOR COURT OF JUSTICE
  • + 6 more extracted facts
PDF
Court Order Appointing Receiver re CMLS dated February 24, 2025
  • Court Ontario Superior Court of Justice
  • Debtor names Ashcroft Urban Developments Inc.
  • Order date 24 February 2025
  • Presiding officer Justice Mew
  • + 1 more extracted fact
PDF
Endorsement of Justice Mew re Ashcroft Urban Development dated February 24, 2025
  • Presiding officer Justice Mew
PDF
Endorsement of Justice Mew re Capital Hall Inc. dated February 24, 2025
  • Presiding officer Justice Mew
PDF
Factum of the Respondent, Ashcroft Urban - dated February 24, 2025
  • Counsel Mann Lawyers LLP
PDF
First Report and Activities Approval Order dated February 24, 2025
  • Report date 14 February 2025
  • Report no First Report
PDF
Notice of Appearance of the Respondent, Ashcroft Urban dated February 24, 2025PDF
Second Endorsement of Justice Mew dated February 24, 2025
  • Presiding officer Justice Mew
PDF
Factum Equitable Bank dated February 19, 2025
  • Counsel Aird & Berlis LLP
PDF
Factum of CMLS Financial Ltd. dated February 19, 2025
  • Counsel Aird & Berlis LLP
PDF
Application Record of CMLS Financial Ltd. dated February 18, 2025PDF
Application Record of Equitable Bank dated February 18, 2025PDF
Factum of the Interim Receiver as at February 18, 2025PDF
First Report of the Interim Receiver dated February 14, 2025
  • Cash on hand $371K · Debtor: ReStays; $552K · Debtor: Park Place Senior; $720K · Debtor: Ravines Senior; $699K · Debtor: Promenade Senior; $389K · Debtor: Envie I; $322K · Debtor: Envie II; $56.8K · Debtor: Head Office
  • Operational summary Since its appointment, the Interim Receiver's activities include attending at the Head Office Company, establishing cash management procedures, dealing with insurance matters, engaging an IT service provider, corresponding with mortgagees, drafting statutory reports, preparing cash flow projections, overseeing the Companies' businesses, and working with property managers Brightwater and Varsity.
  • Report date 14 February 2025
  • Report no First Report
PDF
Motion Record of the Interim Receiver dated February 14, 2025PDF
Application Record dated February 13, 2025
  • Secured creditors $12.6M · Note: Outstanding indebtedness as at Dec 23, 2024 per NITES/demand; interest accruing thereafter at 6.09% per annum ($2,068.06 per diem per NITES). Also guaranteed personally by David Choo, principal of debtor, under Guarantee dated 2024-03-28 (personal guarantee). · Page: 15 · As of: 2024-12-23 · Debtor: 1230172 Ontario Inc. · Creditor: Cameron Stephens Mortgage Capital Ltd. · Security: First ranking Charge/Mortgage registered 2024-03-28 as Instrument No. OC2678575 (principal sum $15,240,000.00 registered); General Security Agreement dated 2024-03-28 registered under PPSA 2024-03-26, Reg. No. 20240326 1005 1462 2066; General Assignment of Rents registered 2024-03-28 as Instrument No. OC2678576; Loan facility per Letter of Commitment dated 2024-03-01 was $12,700,000.00
PDF
CCAA Termination Certificate dated January 14, 2025PDF
Notice and Statement of the Interim Receiver dated January 13, 2025 - 1019883 Ontario Inc. - Head OfficePDF
Notice and Statement of the Interim Receiver dated January 13, 2025 - 1384274 Ontario Inc. - Ravines ParkingPDF
Notice and Statement of the Interim Receiver dated January 13, 2025 - 2067166 Ontario Inc. - Park PlacePDF
Notice and Statement of the Interim Receiver dated January 13, 2025 - 2195186 Ontario Inc. - Envie IPDF
Notice and Statement of the Interim Receiver dated January 13, 2025 - 2265132 Ontario Inc. - RavinesPDF
Notice and Statement of the Interim Receiver dated January 13, 2025 - Ashcroft Homes - Capital Hall Inc. - Envie IIPDF
Notice and Statement of the Interim Receiver dated January 13, 2025 - Ashcroft Homes - La Promenade Inc.PDF
Notice and Statement of the Interim Receiver dated January 13, 2025 - Ashcroft Urban Developments Inc. - RestaysPDF
Notice to Residents - Park PlacePDF
Notice to Residents - PromenadePDF
Notice to Residents - RavinesPDF
Interim Receivership Order dated December 20, 2024
  • Applicant ACM Advisors Ltd.
  • Appointee KSV Restructuring Inc.
  • Appointee role Interim Receiver
  • Charges Interim Receiver's Charge; Interim Receiver's Borrowings Charge $500K
  • + 11 more extracted facts
PDF
Reasons for Decision of Justice Mew dated December 20, 2024
  • Presiding officer Justice Mew
PDF
Supplementary Affidavit of C. Jackson sworn December 12, 2024
  • Counsel Lenczner Slaght LLP
PDF
Factum of ACM Advisors Ltd. December 11, 2024
  • Counsel Cassels Brock & Blackwell LLP
PDF
Factum of Equitable Bank and CMLS Financial Ltd. dated December 11, 2024
  • Counsel Aird & Berlis LLP
PDF
Factum of Institutional Mortgage Capital Canada Inc. dated December 11, 2024
  • Counsel Lenczner Slaght LLP
PDF
Motion Record - ACM Advisors Ltd. dated December 11, 2024PDF
Motion Record of Canadian Western Bank dated December 11, 2024PDF
Motion Record of Institutional Mortgage Capital Canada Inc. dated December 11, 2024PDF
Oral Compendium of ACM Advisors Ltd. dated December 11, 2024
  • Counsel Cassels Brock & Blackwell LLP
PDF
Pre-filing Report of the Proposed Interim Receiver dated December 11, 2024
  • Secured creditors Note: Mortgagee of Ravines Retirement; is seeking the appointment of BDO Canada Limited as receiver over the Ravines Retirement property. Ravines Retirement is not among the entities KSV is proposed to be interim receiver of. No amount is stated in the report. · Page: 3 · Debtor: 2139770 Ontario Inc. (Ravines Retirement) · Creditor: Central 1 Credit Union · Currency: CAD · Security: Mortgage on the Ravines Retirement real property
PDF
Responding Application Record of Equitable Bank and CMLS Financial Ltd. dated December 10, 2024
  • Applicant Ashcroft Urban Developments Inc., 2067166 Ontario Inc., 2139770 Ontario Inc., 2265132 Ontario Inc., Ashcroft Homes – La Promenade Inc., 2195186 Ontario Inc, Ashcroft Homes – Capital Hall Inc., and 1019883 Ontario Inc.
  • Counsel Aird & Berlis LLP
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no CV-24-00098058-0000
  • + 1 more extracted fact
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Ashcroft Homes Group” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/ashcroft-homes-group

Sources last checked · summary updated 5 August 2026 · Report a correction · Printed from proceedings.ca/case/ashcroft-homes-group

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.