The court approved a sale and investment solicitation process.
Source: Sales Process Order of Justice Conway dated August 17, 2026
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.
The court approved a sale and investment solicitation process.
Source: Sales Process Order of Justice Conway dated August 17, 2026
First Report of the Receiver, without appendices (for motion returnable August 17, 2026) — Court officer report
Motion Record of the Receiver (for motion returnable August 17, 2026) — Application / notice of application
Responding Application Record of Holloway Trading Corporation — Application / notice of application
Alterna Savings and Credit Union Limited Receivership Application Record was filed. Court file CL-26-00000124-0000.
Source: Alterna Savings and Credit Union Limited Receivership Application Record
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.
Debtor
Baiocchi Ventures Inc.
Applicant
Alterna Savings and Credit Union Limited
Receiver
Albert Gelman
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Conway | Ontario Superior Court of Justice | 4 orders, Aug 2026 | 310 cases on record |
| Justice Myers | Ontario Superior Court of Justice | 2 orders, Jun 2026 | 117 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverAlbert Gelman | Cassels Brock & Blackwell LLP | 17 Aug 2026 | Factum · 12 Aug 2026 |
| ApplicantAlterna Savings and Credit Union Limited | Miller Thomson LLP | 15 Jun 2026 | Factum · 15 Jun 2026 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency · in 985 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) |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 5 | PMSI / lessors |
8 more claims in 2 classes The stack holds Deemed trusts (CRA and other), Secured and PMSI / lessors claims.
Every creditor and every amount, drawn to scale.
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See all plans“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 process approved — Receiver 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
3 engagements · 2 firms — latest: Albert Gelman Inc., to 31 Jul 2026, soughtFirst Report of the Receiver, without appendices (for motion · 7 Aug 2026
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Albert Gelman Inc.Receiver | to 31 Jul 2026Sought | First Report of the Receiver, without appendices (for motion · 7 Aug 2026 | |||
| Cassels Brock & Blackwell LLPCounselperiod 2 of 2 | 30 Jun – 31 Jul 2026 | — | Motion Record of the Receiver (for motion · 7 Aug 2026 | ||
| Cassels Brock & Blackwell LLPCounselperiod 2 of 2 | to 31 Jul 2026Sought | First Report of the Receiver, without appendices (for motion · 7 Aug 2026 |
8 blurred figures above
What each firm billed — each as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Ancillary Order of Justice Conway dated August 17, 2026
| PDF · Subscribers | |
Endorsement of Justice Conway dated August 17, 2026
| PDF · Subscribers | |
Sales Process Order of Justice Conway dated August 17, 2026
| PDF · Subscribers | |
Vacant Possession Order of Justice Conway dated August 17, 2026
| PDF · Subscribers | |
Factum of the Receiver (for motion returnable August 17, 2026)
| PDF · Subscribers | |
| Service List as at August 10, 2026 | PDF · Subscribers | |
First Report of the Receiver, without appendices (for motion returnable August 17, 2026)
| PDF · Subscribers | |
Motion Record of the Receiver (for motion returnable August 17, 2026)
| PDF · Subscribers | |
| Service List (updated July 3, 2026) | PDF · Subscribers | |
Endorsement of Justice Myers dated June 29, 2026
| PDF · Subscribers | |
Order of Justice Myers (appointing Receiver) dated June 29, 2026
| PDF · Subscribers | |
| Responding Application Record of Holloway Trading Corporation | PDF · Subscribers | |
Factum of the Alterna Savings and Credit Union Limited
| PDF · Subscribers | |
Alterna Savings and Credit Union Limited Receivership Application Record
| 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 5 November 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.