Proceedings.

B & G Fleet Management Ltd.

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Closed
Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
File
CV-18-605862-00CL
Filings held7
Last activity3 Nov 2022
On the record2,908 days
Secured debtSubscribers
OverviewSummary updated

B & G Fleet Management Ltd. was placed in receivership on 5 October 2018 when the Ontario Superior Court of Justice appointed RSM Canada Limited as receiver, on the application of Factbanc Corporation, under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act (court file CV-18-605862-00CL). Factbanc Corporation held a secured claim of $2,241,122 and Elaine Grossman a secured claim of $2,050,000, each against the debtor's property. Unsecured claims on the receiver's mailing list included $144,000 to Amexon Realty Corp. and $44,173.63 to Nicks Auto Tech Services & Sales. The proceeding remains active.

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Case updates8 dated entries

5 earlier updates, back to 5 October 2018 subscribers.

Parties

Debtor

B & G Fleet Management Ltd.

Receiver

TDB Restructuring

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredFactbanc CorporationSecurity interest on the Property (nature not further specified) — debtor: B & G Fleet Management Ltd. · as of 15 Jun 2018$2.24MNotice and Statement of Receiver

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.

20 more claims across lower-ranking classesSubscribe to view
RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Documents7 filings
DateDocumentFile
Discharge Certificate dated November 3, 2022PDF · Subscribers
Endorsement dated August 23, 2022PDF · Subscribers
Order dated August 23, 2022
  • Applicant Factbanc Corporation
  • Appointee RSM Canada Limited
  • Appointee role receiver
  • Court SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • + 3 more extracted facts
PDF · Subscribers
Motion Record of the Receiver dated March 28,2022
  • Applicant FACTBANC CORPORATION
  • Appointee RSM Canada Limited
  • Appointee role court-appointed receiver
  • Commencement date 5 October 2018
  • + 4 more extracted facts
PDF · Subscribers
Endorsement dated November 25, 2019PDF · Subscribers
Notice and Statement of Receiver
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Order of the Honourable Justice Chiappetta dated October 5, 2018 (appointing Receiver)
  • Applicant Factbanc Corporation
  • Appointee RSM Canada Limited
  • Appointee role receiver
  • Commencement date 5 October 2018
  • + 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., “B & G Fleet Management Ltd.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/b-g-fleet-management-ltd

Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/b-g-fleet-management-ltd

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.