Proceedings.

Assembly Corp.

Follow
Active
Proceeding
Interim receivershipSubsection 47.1(1) of the BIA
File
BK-26-03369836-0031
Filings held40
Last activity25 Aug 2026
On the record109 days
Secured debtSubscribers
OverviewSummary updated

Assembly Corp. has been in interim receivership in Ontario under section 47 of the Bankruptcy and Insolvency Act since June 4, 2026, and the proceeding remains active. Two interim orders have been granted, on July 20 and August 7, 2026, and the stay of proceedings runs to August 11, 2026. The list of creditors with claims of $250 or more, prepared as of the notice of intention filing date, records unsecured claims led by PaceZero Capital Partners Ltd. at $5,000,000.00, Loftin Ltd. at $4,321,994.78, Jackman Construction Ltd at $1,963,485.36 and the Federal Economic Development Agency for Southern Ontario at $1,221,931.00. Employee entries include a vacation pay accrual of $163,902.07 owed to various Assembly Corp. employees.

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 updates41 dated entries

38 earlier updates, back to 4 June 2026 subscribers.

Case update

Assembly Corp: the liens come off title

Four Toronto affordable and supportive housing projects — owned by the Elizabeth Fry Society, Thunder Woman Healing Lodge, the YMCA and WoodGreen, and between 50% and 95% built — stopped when their builder filed a notice of intention and the trades registered liens. On August 11 Justice Black vacated every registered lien from title and replaced them with charges over project-specific security funds.

Filing brief

Assembly Corp: an interim receiver as the price of a stay extension

The senior secured creditor would support the debtor's first stay extension on one condition — that the proposal trustee also be appointed interim receiver. The resulting order takes no possession and controls no property. It gives the same firm the power to approve every disbursement. And a separate provision lets the company pay out Construction Act trust money to subcontractors, including trusts that arose before the filing.

Parties

Debtor

Assembly Corp.

Interim receiver

GlassRatner

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice MyersOntario Superior Court of Justice4 orders, Jul 2026 – Aug 2026103 cases on record
Justice BlackOntario Superior Court of Justice3 orders, Aug 2026176 cases on record
Justice SteeleOntario Superior Court of Justice3 orders, Jun 2026220 cases on record

Counsel of record

PartyCounselFirst seenSource
Interim receiverGlassRatnerNaymark Law4 Jun 2026Order · 4 Jun 2026
DebtorAssembly Corp.Fogler, Rubinoff LLP20 Jul 2026Order · 20 Jul 2026
CreditorBirnie Electric Limited and Symtech Mechanical Solutions LtdBisceglia & Associates6 Aug 2026Service list · 6 Aug 2026
CreditorElizabeth Fry Toronto, WoodGreen Community Services and Thunder Woman Healing Lodge SocietyRobins Appleby LLP10 Aug 2026Application · 10 Aug 2026
CreditorLoftin LtdDuncan, Linton LLP6 Aug 2026Service list · 6 Aug 2026
CreditorPaceZero Sustainable Credit Fund IIDla Piper LLP6 Aug 2026Service list · 6 Aug 2026
CreditorThunder Woman, Elizabeth Fry Project OwnersRobins Appleby LLP6 Aug 2026Service list · 6 Aug 2026
CreditorYMCA of Greater TorontoStikeman Elliott LLP6 Aug 2026Service list · 6 Aug 2026
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredLoftin Ltd.Construction lien (Instrument AT7098159) registered against title of the Kingston Project (PIN 06429-0396), owner: Thunder Woman Healing Lodge Society — Project Lien (City-Funded Project) — debtor: Assembly Corp. · as of 2 Jul 2026$2.23MSecond Report of the Proposal Trustee and Interim Receiver
103 more claims across lower-ranking classesSubscribe to view
Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Cash on hand

$17.8K

As at 28 May 2026First Report of the Proposal Trustee

1 more reported figure, as at 28 May 2026Subscribe to view
Documents
40 filings
DateDocumentFile
Assembly Corp. – Filing of Receivership CertificatePDF · Subscribers
Assembly Manufacturing Corp. – Filing of Receivership CertificatePDF · Subscribers
Assembly Real Estate Corp. – Filing of Receivership CertificatePDF · Subscribers
Assembly Corp – Notice and Statement of Receiver
PDF · Subscribers
Assembly Real Estate Corp – Notice and Statement of Receiver
PDF · Subscribers
Statement of AffairsPDF · Subscribers
Certificate of AssignmentPDF · Subscribers
Application Record (Returnable August 11, 2026)PDF · Subscribers
Endorsement of Justice W.D. Black
  • Presiding officer Justice W.D. Black
PDF · Subscribers
Order of Justice W.D. Black (Lien Regularization Order)
  • Presiding officer Justice W.D. Black
PDF · Subscribers
Order of Justice W.D. Black (Receivership Order)
  • Presiding officer Justice W.D. Black
PDF · Subscribers
Aide Memoire of Thunder Women (Kingston Termination Right)
  • Counsel Robins Appleby LLP
PDF · Subscribers
Aide Memoire of YMCA of Greater Toronto
  • Counsel Stikeman Elliott LLP
PDF · Subscribers
Factum of the OwnersPDF · Subscribers
Supplementary Motion Record of the OwnersPDF · Subscribers
Factum of the Applicant (PaceZero)PDF · Subscribers
Order of Justice Myers (Lift Stay Order)
  • Order date 7 August 2026
  • Presiding officer Justice Myers
PDF · Subscribers
Third Report of the Proposal Trustee and Interim Receiver
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Motion Record (Lift Stay Motion by PaceZero)PDF · Subscribers
Service List
  • Counsel Fogler, Rubinoff LLP
PDF · Subscribers
Service List (Word)PDF · Subscribers
Motion Record (Lien Regularization Order)PDF · Subscribers
Endorsement of Justice Myers
  • Presiding officer Justice Myers
PDF · Subscribers
Court Order of Justice Myers (Amended and Restated Interim Receivership)
  • Counsel Naymark LLP
  • Presiding officer Justice Myers
PDF · Subscribers
Factum of the Proposal Trustee and Interim Receiver
  • Counsel Naymark LLP
PDF · Subscribers
Order of Justice Myers (Second Stay Extension)
  • Counsel Fogler, Rubinoff LLP
  • Order date 20 July 2026
  • Presiding officer Justice Myers
  • Stay extended to 11 August 2026
PDF · Subscribers
Motion Record (Second Stay Extension and Amended Receivership Order)PDF · Subscribers
Second Report of the Proposal Trustee and Interim Receiver
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Court Order of Justice Steele (Interim Receivership)
  • Counsel Naymark LLP
  • Presiding officer Justice Steele
PDF · Subscribers
Endorsement of Justice Steele
  • Presiding officer Justice Steele
PDF · Subscribers
Order of Justice Steele (Stay Extension)
  • Presiding officer Justice Steele
PDF · Subscribers
Supplementary Aide MemoirePDF · Subscribers
Aide Memoire
  • Appointee GlassRatner Restructuring Inc.
  • Appointee role Interim Receiver
  • Court SUPERIOR COURT OF JUSTICE (IN BANKRUPTCY AND INSOLVENCY) (COMMERCIAL LIST)
  • Court file no BK-26-03369836-0031
  • + 1 more extracted fact
PDF · Subscribers
Amended Motion RecordPDF · Subscribers
Supplement to the First Report of the Proposal Trustee
  • Cash on hand · Disbursements · Financial position · Operational summary Subscribers
  • + 4 more extracted facts
PDF · Subscribers
FactumPDF · Subscribers
First Report of the Proposal Trustee
  • Operational summary Assembly continues to operate its construction business in the ordinary course, working through project delays and disputes, negotiating direct payment arrangements with customers and project creditors, and pursuing new financing while reducing staff levels.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Motion Record
  • Applicant Assembly Corp.
  • Commencement date 26 May 2026
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no BK-26-03369836-0031
  • + 2 more extracted facts
PDF · Subscribers
Creditor Package
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Certificate of FilingPDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Assembly Corp.” (Interim receivership), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/assembly-corp

Sources last checked · summary updated 11 August 2026 · Report a correction · Printed from proceedings.ca/case/assembly-corp

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.