Proceedings.

Baiocchi Ventures Inc.

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Proceeding
Receivership (court-appointed)Section 243(1) of the Bankruptcy and Insolvency Act and Section 101 of the Courts of Justice Act
File
CL-26-00000124-0000
Filings held14
Last activity17 Aug 2026
On the record180 days
OverviewSummary updated

Baiocchi Ventures Inc. has been in court-appointed receivership in Ontario under BIA s. 243 and provincial Judicature Act authority since June 29, 2026, with the Receiver reporting on two real properties: 15 Curity Avenue in Toronto and 8318 Maynard Road in Orono. Alterna Savings and Credit Union Limited, first mortgagee on the Curity Property, was owed $9,851,369 as at January 28, 2026, plus per diem interest of $1,654 and enforcement costs. Holloway Trading Corporation, first mortgagee on Maynard, was owed $2,285,621.99 as at December 19, 2025, having served a notice of sale that day and commenced an action for payment and possession on February 27, 2026. Behind them sit subsequent charges totalling registered principal amounts of $3,000,000, $1,200,000 twice and $760,000, plus a disputed equitable mortgage claim by Lawrence Koh whose litigation is stayed. The Receiver has not obtained loan and security documents for several of those charges.

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Case updates15 dated entries

12 earlier updates, back to 25 March 2026 subscribers.

Case update

Baiocchi: the only issue was the date

A receiver asked the court to put the principal's spouse and her daughter out of a 196-acre property in Orono by August 31. She had told Justice Myers in June that she expected the ninety days a private sale would give her. On August 17, Justice Conway settled on September 28 — and the order changed its name on the way to being signed.

Parties

Debtor

Baiocchi Ventures Inc.

Applicant

Alterna Savings and Credit Union Limited

Receiver

Albert Gelman

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice ConwayOntario Superior Court of Justice4 orders, Aug 2026285 cases on record
Justice MyersOntario Superior Court of Justice2 orders, Jun 2026103 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverAlbert GelmanCassels Brock & Blackwell LLP17 Aug 2026Factum · 17 Aug 2026
ApplicantAlterna Savings and Credit Union LimitedMiller Thomson LLP15 Jun 2026Factum · 15 Jun 2026
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
Deemed trusts (CRA and other)Canada Revenue Agency · in 926 casesAmount owing (if any) unknown - Receiver requested confirmation of balances owing from CRA; CRA has not yet provided the information and Receiver is unaware whether any amount is owing. — debtor: Baiocchi Ventures Inc.Motion Record of the Receiver (for motion returnable August 17, 2026)

“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.

8 more claims across lower-ranking classesSubscribe to view
Sale processAs stated in the filings

Sale process approvedReceiver authorized to conduct Curity and Maynard sale processes, subject to further court approval before any sale completesSales Process Order of Justice Conway dated August 17, 2026 · 17 Aug 2026

AdvisorsCDN Global (GTA) Real Estate Services and Lennard Commercial Realty, Brokerage (listing broker); CND Global (GTA) Real Estate Services (listing broker)Sales Process Order of Justice Conway dated August 17, 2026
Fees and ratesAs stated in the filings

5 engagements · 3 firmslatest: Albert Gelman Inc., to 31 Jul 2026First Report of the Receiver, without appendices (for motion · 7 Aug 2026

FirmPeriodHoursFeesRatesSource
Albert Gelman Inc.Receiverto 31 Jul 2026SoughtFirst Report of the Receiver, without appendices (for motion · 7 Aug 2026
Albert Gelman Inc.Receiverfirm not named in the headingMotion Record of the Receiver (for motion · 7 Aug 2026
Cassels Brock & Blackwell LLPCounselperiod 3 of 330 Jun – 31 Jul 2026Motion Record of the Receiver (for motion · 7 Aug 2026
Cassels Brock & Blackwell LLPCounselperiod 3 of 3to 31 Jul 2026SoughtFirst Report of the Receiver, without appendices (for motion · 7 Aug 2026
Cassels Brock & Blackwell LLPCounselperiod 1 of 3Motion Record of the Receiver (for motion · 7 Aug 2026
15 stated figures across 5 engagements, each sourcedSubscribe to view
Documents
14 filings
DateDocumentFile
Ancillary Order of Justice Conway dated August 17, 2026
  • Presiding officer Justice Conway
PDF · Subscribers
Endorsement of Justice Conway dated August 17, 2026
  • Presiding officer Justice Conway
PDF · Subscribers
Factum of the Receiver (for motion returnable August 17, 2026)
  • Counsel Cassels Brock & Blackwell LLP
PDF · Subscribers
Sales Process Order of Justice Conway dated August 17, 2026
  • Order date 17 August 2026
  • Presiding officer Justice Conway
  • Sale advisor CND Global (GTA) Real Estate Services (listing broker); Lennard Commercial Realty, Brokerage (listing broker); Lennard Commercial Realty Inc. (listing broker)
  • Break fee Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Vacant Possession Order of Justice Conway dated August 17, 2026
  • Presiding officer Justice Conway
PDF · Subscribers
Service List as at August 10, 2026PDF · Subscribers
First Report of the Receiver, without appendices (for motion returnable August 17, 2026)
  • Sale advisor CDN Global (GTA) Real Estate Services and Lennard Commercial Realty, Brokerage (listing broker); Lennard Commercial Realty Inc. (listing broker)
  • Sale outcome Sale process approved — Receiver seeking approval of sales process for both Real Properties; not yet listed or sold
  • Fee schedule · Financial position Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Motion Record of the Receiver (for motion returnable August 17, 2026)
  • Fee schedule · Financial position · Secured creditors Subscribers
PDF · Subscribers
Service List (updated July 3, 2026)PDF · Subscribers
Endorsement of Justice Myers dated June 29, 2026
  • Presiding officer Justice Myers
PDF · Subscribers
Order of Justice Myers (appointing Receiver) dated June 29, 2026
  • Applicant Alterna Savings and Credit Union Limited
  • Appointee Albert Gelman Inc.
  • Appointee role receiver and manager
  • Counsel Miller Thomson LLP
  • + 5 more extracted facts
PDF · Subscribers
Responding Application Record of Holloway Trading CorporationPDF · Subscribers
Factum of the Alterna Savings and Credit Union Limited
  • Counsel Miller Thomson LLP
PDF · Subscribers
Alterna Savings and Credit Union Limited Receivership Application Record
  • Applicant ALTERNA SAVINGS AND CREDIT UNION LIMITED
  • Commencement date 25 March 2026
  • Court SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • Court file no CL-26-00000124-0000
  • + 3 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., “Baiocchi Ventures Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/baiocchi-ventures-inc

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/baiocchi-ventures-inc

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.