Balboa Inc., DSPLN Inc., Happy Gilmore Inc., Interlude Inc., Multiville Inc., The Pink Flamingo Inc., Hometown Housing Inc., the Mulligan Inc., Horses In The Back Inc., Neat Nests Inc. and Joint Captain Real Estate Inc.
FollowActive
- Proceeding
- CCAACompanies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
- File
- CV-24-00713245-00CL
Filings held134
Last activity12 Aug 2026
On the record964 days
Secured debt$65.9M
OverviewSummary updated
Balboa Inc. and ten affiliated applicants remain in CCAA proceedings before the Ontario Superior Court of Justice (Commercial List), having obtained an initial order on January 31, 2024 under court file CV-24-00713245-00CL, with KSV Restructuring Inc. as monitor. The monitor's distribution analysis covers 74 Liquidation Portfolio Properties, against which 64 first mortgages are registered and ten of which carry no traditional mortgage on title. It projects approximately $2.97 million of mortgaged property proceeds for the mortgagees, the vast majority of whom are individuals rather than traditional lenders, and approximately $800,000 beyond that for promissory noteholders and mortgage/charge deficiency claimants, whose principal claims the monitor expects to exceed $50 million and may be substantially more. The court approved a claims process on July 30, 2026.
Claims processIf you are owed money
Claims must be filed by
Per the Claims Procedure Order dated July 30, 2026 dated 30 July 2026.
Proceedings AIAsk this case — answers cite the filings
Case updates133 dated entries · 1 undated
#Claims
Court approved a claims procedure setting an October 28, 2026 claims bar date and limiting promissory note and mortgage/charge claims to principal, excluding interest, fees, penalties and costs.
#Sale
The court granted an approval and vesting order for the sale to Gurpreet Singh Dhaliwal, Jerramy Peddie, Joanna Lynn Scott, Girjamatty Poppe & Michael W. Burton, Travis Zorzit, 1001033964 Ontario Inc., Gurpreet Singh Dhaliwal. Closing terms, as extracted: vesting effective upon delivery of Monitor's Certificate.
Source: Third Omnibus Approval and Vesting Order dated January 28, 2026
#Filing
Motion Record of the Monitor, KSV Restructuring Inc. dated January 21, 2026 — Application / notice of application
#Order
Approval of Stay Extension, Second DIP allocation, Orderly Liquidation Mechanics & Monitor’s Activities and Fees Order dated April 14, 2025 was filed.
#Report
Notice dated February 28, 2025 to Mortgagees of Remaining Properties — Stakeholder communication
#Sale
The court granted an approval and vesting order for the sale to BIG North Capital Inc., BIG North Capital Inc., BIG North Capital Inc., BIG North Capital Inc., Lydia Wojtkiw.
#Order
Credit Bid Liquidation Process, Stay Extension & Fee and Activities Approval Order dated February 27, 2025 was filed.
#Filing
Notice of Motion of the Monitor dated February 20, 2025 — Application / notice of application
#Report
Monitor's Transition Period Termination Certificate dated December 20, 2024 — Court officer certificate
#Order
Approval of Replacement DIP Facility and Ancillary Order dated December 6, 2024 — Order (other)
#Report
Notice to Tenant - Credit Bid Tenant Notice of December 6 2024 Motion — Stakeholder communication
#Report
Notice to Tenant - Remaining Portfolio Tenant Notice of December 6 2024 Motion — Stakeholder communication
#Filing
Notice of Motion of the Monitor dated November 29, 2024 — Application / notice of application
#Order
Second Amended and Restated Initial Order dated March 28, 2024 — Amended and restated initial order
#Filing
Responding Motion Record of the Court-Appointed Lender Representative Counsel dated March 26, 2024 — Response / objection pleading
#Order
Amended and Restated Initial Order dated February 15, 2024 — Amended and restated initial order
#Order
Eleven affiliated applicants obtained CCAA protection on the Commercial List under court file CV-24-00713245-00CL, with KSV Restructuring Inc. acting as monitor; pre-filing claims date from January 23, 2024.
#Filing
Motion Record of the Applicants returnable January 31, 2024 — Application / notice of application
#Filing
Application Record dated January 23, 2024 - Volume 1 of 2 was filed. Court file CV-24-00713245-00CL.
Source: Application Record dated January 23, 2024 - Volume 1 of 2
#Filing
Application Record dated January 23, 2024 - Volume 2 of 2 — Application / notice of application
Undated filings1 — no date appears on the document · show
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Parties
Debtor
Balboa Inc., DSPLN Inc., Happy Gilmore Inc., Interlude Inc., Multiville Inc., The Pink Flamingo Inc., Hometown Housing Inc., the Mulligan Inc., Horses In The Back Inc., Neat Nests Inc. and Joint Captain Real Estate Inc.
Monitor
AlixPartners
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Osborne | Ontario Superior Court of Justice | 20 orders, Jun 2024 – Jul 2025 | 146 cases on record |
| Justice Cavanagh | Ontario Superior Court of Justice | 8 orders, Apr 2024 – Jul 2026 | 288 cases on record |
| Justice Kimmel | Ontario Superior Court of Justice | 7 orders, Jan 2024 – Jan 2026 | 182 cases on record |
| Justice Steele | Ontario Superior Court of Justice | 2 orders, Jul 2024 | 220 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorAlixPartners | Cassels Brock & Blackwell LLP | 24 Jun 2024 | Order · 24 Jun 2024 |
| MonitorKSV Restructuring Inc | Cassels Brock & Blackwell LLP | 23 Jun 2024 | Factum · 23 Jun 2024 |
| ApplicantBalboa Inc., DSPLN Inc., Happy Gilmore Inc., Interlude Inc., Multiville Inc., The Pink Flamingo Inc., Hometown Housing Inc., the Mulligan Inc., Horses In The Back Inc., Neat Nests Inc. and Joint Captain Real Estate Inc. | Bennett Jones LLP | 31 Jan 2024 | Order · 31 Jan 2024 |
| Interim lender | Torkin Manes LLP | 12 Apr 2024 | Endorsement · 12 Apr 2024 |
| Interim lenderOriginal | Torkin Manes LLP | 31 Jul 2026 | Service list · 31 Jul 2026 |
| CreditorClaire Drage, The Lion's Share Group Inc | Rothstein LLP | 31 Jul 2026 | Service list · 31 Jul 2026 |
| CreditorCorporation of the City of Timmins | Aird & Berlis LLP | 31 Jul 2026 | Service list · 31 Jul 2026 |
| CreditorDenise Jensen-Gomes | Underwood, Ion & Johnson Law | 31 Jul 2026 | Service list · 31 Jul 2026 |
| CreditorDylan Suitor | TAP Law | 31 Jul 2026 | Service list · 31 Jul 2026 |
| CreditorEmilie Bruneau | McCarthy Tétrault LLP | 31 Jul 2026 | Service list · 31 Jul 2026 |
| CreditorFuller Landau Group Inc., of The Lion's Share Group Inc | Norton Rose Fulbright Canada LLP | 30 Aug 2024 | Endorsement · 30 Aug 2024 |
| CreditorGeorge Benchetrit | Chaitons LLP | 12 Apr 2024 | Endorsement · 12 Apr 2024 |
| CreditorGeorge Benchetrit David Im | Chaitons LLP | 30 Aug 2024 | Endorsement · 30 Aug 2024 |
| CreditorHarvey Chaiton | Chaitons LLP | 31 Jul 2026 | Service list · 31 Jul 2026 |
| CreditorMario Forte | Reconstruct LLP | 31 Jul 2026 | Service list · 31 Jul 2026 |
| CreditorMario Forte Robert Drake | Goldman Sloan Nash & Haber LLP | 12 Apr 2024 | Endorsement · 12 Apr 2024 |
| CreditorMortgage Alliance Company of Canada | Borden Ladner Gervais LLP | 31 Jul 2026 | Service list · 31 Jul 2026 |
| CreditorPatty Vanminnen and 1000027984 Ontario Limited | George Street Law Group | 31 Jul 2026 | Service list · 31 Jul 2026 |
| CreditorRobert Drake | Goldman Sloan Nash & Haber LLP | 30 Aug 2024 | Endorsement · 30 Aug 2024 |
| CreditorSail Away Real Estate Inc., Sam Drage and Bronwyn Bullen | Thornton Grout Finnigan LLP | 30 Aug 2024 | Endorsement · 30 Aug 2024 |
| CreditorSofia Pino, Mark Pino | Baldwin Sennecke Halman LLP | 31 Jul 2026 | Service list · 31 Jul 2026 |
| CreditorViscount Capital Inc | Aird & Berlis LLP | 31 Jul 2026 | Service list · 31 Jul 2026 |
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | First Mortgage Loans - Various IndividualsFirst mortgage loans — Aggregate of various individual lenders — debtor: The Applicants · as of 23 Jan 2024 | $65.9M | List of Creditors as at January 23, 2024 |
| 4 | Secured | Second Mortgage Loans - Lift Capital IncorporatedSecond mortgage loans — debtor: The Applicants · as of 23 Jan 2024 | $7.3M | List of Creditors as at January 23, 2024 |
| 4 | Secured | Michael Bekendam Enterprises Inc.debtor: The Applicants · as of 23 Jan 2024 | $1.67M | List of Creditors as at January 23, 2024 |
| 4 | Secured | First Mortgage Loans - Lift Capital IncorporatedFirst mortgage loans — debtor: The Applicants · as of 23 Jan 2024 | $1.64M | List of Creditors as at January 23, 2024 |
| 4 | Secured | A&A Stronghold Capitaldebtor: The Applicants · as of 23 Jan 2024 | $1.62M | List of Creditors as at January 23, 2024 |
| 4 | Secured | The Lion's Share Group Inc. · in 2 casesSame creditor also appears as an unsecured/other creditor with a separate, much larger amount ($37,658,599.59) — debtor: The Applicants · as of 23 Jan 2024 | $1.5M | List of Creditors as at January 23, 2024 |
| 4 | Secured | Glenroe Lending Inc.debtor: The Applicants · as of 23 Jan 2024 | $1.36M | List of Creditors as at January 23, 2024 |
| 4 | Secured | Second Mortgage Loans - Various IndividualsSecond mortgage loans — Aggregate of various individual lenders — debtor: The Applicants · as of 23 Jan 2024 | $1.34M | List of Creditors as at January 23, 2024 |
| 4 | Secured | 1896891 Ontario Inc.debtor: The Applicants · as of 23 Jan 2024 | $1.23M | List of Creditors as at January 23, 2024 |
| 4 | Secured | MLB Holdings Ltd.debtor: The Applicants · as of 23 Jan 2024 | $1.02M | List of Creditors as at January 23, 2024 |
| 4 | Secured | Meadowcreek Holdingsdebtor: The Applicants · as of 23 Jan 2024 | $753K | List of Creditors as at January 23, 2024 |
| 4 | Secured | Viscount Capital Inc.debtor: The Applicants · as of 23 Jan 2024 | $482K | List of Creditors as at January 23, 2024 |
| 4 | Secured | Norwich on the Pines Development Incdebtor: The Applicants · as of 23 Jan 2024 | $466K | List of Creditors as at January 23, 2024 |
| 4 | Secured | A&A Equity Fort Inc.debtor: The Applicants · as of 23 Jan 2024 | $448K | List of Creditors as at January 23, 2024 |
| 4 | Secured | Goetz Investment Holdings Inc.debtor: The Applicants · as of 23 Jan 2024 | $405K | List of Creditors as at January 23, 2024 |
| 4 | Secured | Align Mortgage Corporationdebtor: The Applicants · as of 23 Jan 2024 | $395K | List of Creditors as at January 23, 2024 |
| 4 | Secured | Annam Investments Co. Ltd.debtor: The Applicants · as of 23 Jan 2024 | $365K | List of Creditors as at January 23, 2024 |
| 4 | Secured | Bold Egg Investments Inc.debtor: The Applicants · as of 23 Jan 2024 | $312K | List of Creditors as at January 23, 2024 |
| 4 | Secured | Zandbergen Properties Inc.debtor: The Applicants · as of 23 Jan 2024 | $248K | List of Creditors as at January 23, 2024 |
| 4 | Secured | 1000330061 Ontario Inc.debtor: The Applicants · as of 23 Jan 2024 | $247K | List of Creditors as at January 23, 2024 |
| 4 | Secured | 1190515 B.C. Ltd.debtor: The Applicants · as of 23 Jan 2024 | $237K | List of Creditors as at January 23, 2024 |
| 4 | Secured | LiquidCMS Inc.debtor: The Applicants · as of 23 Jan 2024 | $204K | List of Creditors as at January 23, 2024 |
| 4 | Secured | DeWit Contractingdebtor: The Applicants · as of 23 Jan 2024 | $184K | List of Creditors as at January 23, 2024 |
| 4 | Secured | 1166693 B.C. Ltd.debtor: The Applicants · as of 23 Jan 2024 | $182K | List of Creditors as at January 23, 2024 |
| 4 | Secured | 8595984 Canada Inc.debtor: The Applicants · as of 23 Jan 2024 | $160K | List of Creditors as at January 23, 2024 |
| 4 | Secured | Mandalin Property Holdings Incdebtor: The Applicants · as of 23 Jan 2024 | $153K | List of Creditors as at January 23, 2024 |
| 4 | Secured | 2348266 Ontario Inc.debtor: The Applicants · as of 23 Jan 2024 | $124K | List of Creditors as at January 23, 2024 |
| 4 | Secured | 1028332 Alberta Inc.debtor: The Applicants · as of 23 Jan 2024 | $116K | List of Creditors as at January 23, 2024 |
| 7 | Preferred (BIA s. 136) | Preferred Appraisalsdebtor: The Applicants · as of 23 Jan 2024 | $3.62K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | The Lion's Share Group Inc. · in 2 casesSame creditor also listed as secured with a separate, smaller amount ($1,503,750.00) — debtor: The Applicants · as of 23 Jan 2024 | $37.7M | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Promissory Notes - Various IndividualsAggregate of promissory notes to various individuals — debtor: The Applicants · as of 23 Jan 2024 | $14.1M | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | City of Timmins · in 2 casesMunicipal taxes claimant; document does not label as preferred — debtor: The Applicants · as of 23 Jan 2024 | $793K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | The Corporation of The City of Sault Ste MarieMunicipal taxes claimant; document does not label as preferred — debtor: The Applicants · as of 23 Jan 2024 | $645K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | LMMD Inc.debtor: The Applicants · as of 23 Jan 2024 | $500K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Enbridge Gas · in 47 casesdebtor: The Applicants · as of 23 Jan 2024 | $296K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | City of Greater Sudbury · in 5 casesMunicipal taxes claimant; document does not label as preferred — debtor: The Applicants · as of 23 Jan 2024 | $284K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | 1000330061 Ontario Inc.debtor: The Applicants · as of 23 Jan 2024 | $250K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | VDB Rentals Ltd.debtor: The Applicants · as of 23 Jan 2024 | $200K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | SID Renosdebtor: The Applicants · as of 23 Jan 2024 | $200K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Newmark Real Estate Canada Limiteddebtor: The Applicants · as of 23 Jan 2024 | $186K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Salinas Ventures Inc.debtor: The Applicants · as of 23 Jan 2024 | $173K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | 2779051 Ontario Inc.debtor: The Applicants · as of 23 Jan 2024 | $160K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Hydro One · in 20 casesdebtor: The Applicants · as of 23 Jan 2024 | $152K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | 13126781 Canada Incdebtor: The Applicants · as of 23 Jan 2024 | $150K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | 2358541 Ontario Inc.debtor: The Applicants · as of 23 Jan 2024 | $125K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Gaymes Real Estate Lending Inc. · in 2 casesdebtor: The Applicants · as of 23 Jan 2024 | $106K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | 1669982 Ontario Inc.debtor: The Applicants · as of 23 Jan 2024 | $100K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Haliflats Inc.debtor: The Applicants · as of 23 Jan 2024 | $100K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Town of Kirkland LakeMunicipal taxes claimant; document does not label as preferred — debtor: The Applicants · as of 23 Jan 2024 | $92.1K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | 102142200 Saskatchewan Corpdebtor: The Applicants · as of 23 Jan 2024 | $75K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | DreamUnion Inc.debtor: The Applicants · as of 23 Jan 2024 | $75K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | PUC Inc.debtor: The Applicants · as of 23 Jan 2024 | $52.3K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | KBJ Holdings Inc.debtor: The Applicants · as of 23 Jan 2024 | $50K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | A&A Stronghold CapitalSame entity also appears as a secured creditor with a distinct amount — debtor: The Applicants · as of 23 Jan 2024 | $50K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Cards in Motion Inc.debtor: The Applicants · as of 23 Jan 2024 | $50K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Zen House Investments Incdebtor: The Applicants · as of 23 Jan 2024 | $50K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | MYG Contracting & Managementdebtor: The Applicants · as of 23 Jan 2024 | $45.2K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Greater Sudbury Utilities · in 2 casesdebtor: The Applicants · as of 23 Jan 2024 | $38.6K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Pursuit CPAdebtor: The Applicants · as of 23 Jan 2024 | $36K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Red Maple Asset Management Inc.debtor: The Applicants · as of 23 Jan 2024 | $25K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | RightHome Renovations Corpdebtor: The Applicants · as of 23 Jan 2024 | $22.9K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Supreme Landscaping Services Incdebtor: The Applicants · as of 23 Jan 2024 | $22K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Topline Electric Limiteddebtor: The Applicants · as of 23 Jan 2024 | $20.8K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | IndividualsAggregate of individuals, not individually named — debtor: The Applicants · as of 23 Jan 2024 | $19.6K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Rapid City Repairdebtor: The Applicants · as of 23 Jan 2024 | $14.7K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Tony's Tilesdebtor: The Applicants · as of 23 Jan 2024 | $12.7K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Blue Flame Gasdebtor: The Applicants · as of 23 Jan 2024 | $12.6K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | City of Temiskaming ShoresMunicipal taxes claimant; document does not label as preferred — debtor: The Applicants · as of 23 Jan 2024 | $11.4K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | The City of Niagara FallsMunicipal taxes claimant; document does not label as preferred — debtor: The Applicants · as of 23 Jan 2024 | $10.9K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | City of WellandMunicipal taxes claimant; document does not label as preferred — debtor: The Applicants · as of 23 Jan 2024 | $10K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Orkin Canada · in 33 casesdebtor: The Applicants · as of 23 Jan 2024 | $9.75K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | The City of ThoroldMunicipal taxes claimant; document does not label as preferred — debtor: The Applicants · as of 23 Jan 2024 | $9.08K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Jay does it alldebtor: The Applicants · as of 23 Jan 2024 | $8.74K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | 2729777 Ontario Inc.debtor: The Applicants · as of 23 Jan 2024 | $8.33K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Arcwood Industries Inc.debtor: The Applicants · as of 23 Jan 2024 | $8.18K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Valley Yard Worksdebtor: The Applicants · as of 23 Jan 2024 | $7.84K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Seabrook Plumbing and Heatingdebtor: The Applicants · as of 23 Jan 2024 | $7.23K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Robert Benevento Roofing and Siding Inc.debtor: The Applicants · as of 23 Jan 2024 | $6.09K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Viau Plumbing & Heating Inc.debtor: The Applicants · as of 23 Jan 2024 | $5.61K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | City of St. Catharines · in 4 casesMunicipal taxes claimant; document does not label as preferred — debtor: The Applicants · as of 23 Jan 2024 | $4.91K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | B&B Home Improvementdebtor: The Applicants · as of 23 Jan 2024 | $4.9K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | City of Brantford · in 6 casesMunicipal taxes claimant; document does not label as preferred — debtor: The Applicants · as of 23 Jan 2024 | $4.89K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Timmins Landscaping Servicesdebtor: The Applicants · as of 23 Jan 2024 | $4.68K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Timmins Snow Removaldebtor: The Applicants · as of 23 Jan 2024 | $4.4K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Inside Outside Cleaningdebtor: The Applicants · as of 23 Jan 2024 | $4.37K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | TKH Maintenancedebtor: The Applicants · as of 23 Jan 2024 | $4.19K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Sault Tree Expressdebtor: The Applicants · as of 23 Jan 2024 | $3.84K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Kohut Electricdebtor: The Applicants · as of 23 Jan 2024 | $3.65K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Castle Plumbing and Heatingdebtor: The Applicants · as of 23 Jan 2024 | $3.52K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Labbee General Contractingdebtor: The Applicants · as of 23 Jan 2024 | $3.39K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Champagne Sidingdebtor: The Applicants · as of 23 Jan 2024 | $3.09K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Do It All Contractingdebtor: The Applicants · as of 23 Jan 2024 | $3.02K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Huckson's Water Depotdebtor: The Applicants · as of 23 Jan 2024 | $2.97K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Mobile Glassdebtor: The Applicants · as of 23 Jan 2024 | $2.57K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Suotala Painting & Renovationsdebtor: The Applicants · as of 23 Jan 2024 | $2.54K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | C.R.T. Plumbing & Concrete Injection Ltd.debtor: The Applicants · as of 23 Jan 2024 | $2.47K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Luxury Renovation Ltddebtor: The Applicants · as of 23 Jan 2024 | $2.13K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Cenlo Engineering Inc.debtor: The Applicants · as of 23 Jan 2024 | $1.84K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | The Plumbersdebtor: The Applicants · as of 23 Jan 2024 | $1.49K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Taylor Auld Electricdebtor: The Applicants · as of 23 Jan 2024 | $1.43K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Property Bros Unlimiteddebtor: The Applicants · as of 23 Jan 2024 | $1.35K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | VenTech Services 2483446 Ltd.debtor: The Applicants · as of 23 Jan 2024 | $1.31K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Spruce Ridge Cleaning Servicesdebtor: The Applicants · as of 23 Jan 2024 | $1.2K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Abell Pest Control · in 24 casesdebtor: The Applicants · as of 23 Jan 2024 | $1.18K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Gladius Contractingdebtor: The Applicants · as of 23 Jan 2024 | $1.14K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Mr. Rooter Plumbingdebtor: The Applicants · as of 23 Jan 2024 | $1.06K | List of Creditors as at January 23, 2024 |
| 8 | Unsecured | Canada Revenue Agency · in 926 cases$1 represents amount to be determined per document notes; deemed trust class not specified as such here — debtor: The Applicants · as of 23 Jan 2024 | $1 | List of Creditors as at January 23, 2024 |
Sale processAs stated in the filings
38 transactions · 26 approved · 8 closed · 3 proposed · 1 not completed — 67 of 74 Liquidation Portfolio Properties sold; 7 remaining; SISP concluded with no acceptable third-party bids; 333 credit bid transactions completedFifteenth Report of the Monitor dated July 21, 2026 · 21 Jul 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| BIG North Capital Inc.203 Maple St N, Timmins, Ontario · real property | not stated | Approved27 Feb 2025 | Approval and Vesting Order dated February 27,… |
| BIG North Capital Inc.4299 Second Avenue, Niagara Falls, Ontario · real property | not stated | Approved27 Feb 2025 | Approval and Vesting Order dated February 27,… |
| BIG North Capital Inc.49 Belanger Avenue, Timmins, Ontario · real property | not stated | Approved27 Feb 2025 | Approval and Vesting Order dated February 27,… |
| BIG North Capital Inc.660 Wellington Street West, Sault Ste. Marie, Ontario · real property | not stated | Approved27 Feb 2025 | Approval and Vesting Order dated February 27,… |
| Lydia Wojtkiw106 Croatia Avenue, Timmins, Ontario · auction | Credit bid | Proposed27 Feb 2025 | Approval and Vesting Order dated February 27,… |
| any duly registered first mortgagee submitting a First Mortgagee Credit Bid APAa Remaining Property · real property | Credit bidcredit bid plus cash deposit of $10,000 and 125% of DIP Allocation | Approved27 Feb 2025 | Credit Bid Liquidation Process, Stay Extension… |
| purchaser of a listed Non-Credit Bid Remaining PropertyNon-Credit Bid Remaining Properties · real property | not statedlist price per Appendix J, net proceeds not less than 125% of DIP Allocation absent DIP Lender consent | Approved27 Feb 2025 | Credit Bid Liquidation Process, Stay Extension… |
| credit bidding mortgagees under Omnibus Credit Bid Vesting Order; unnamed individually321 credit bid transactions (Closed Credit Bid Properties) · auction | Credit bidcredit bid transactions; amounts based on Credit Bid APAs | Closed | Twelfth Report of the Monitor dated April 7,… |
| 12 secondary credit bidding first mortgagees of Remaining Properties12 Properties subject to secondary credit bids · auction | Credit bidaggregate DIP to be repaid if completed totals approximately $733,000 | Proposed | Twelfth Report of the Monitor dated April 7,… |
| unnamed316 credit bid transactions | not stated | Closed17 Dec 2024 | Twelfth Report of the Monitor dated April 7,… |
| unnamedone of the five additional credit bid transactions | not stated | Closed4 Mar 2025 | Twelfth Report of the Monitor dated April 7,… |
| unnamedremaining four of the five additional credit bid transactions | not stated | Closed1 Apr 2025 | Twelfth Report of the Monitor dated April 7,… |
| Angelo Ferrantethe applicable Applicant's right, title and interest in and to the applicable lands and premises legally described in Schedule 'A' · real property | not stated | Approved14 Apr 2025 | Second Omnibuis Approval and Vesting Order… |
| Angelo Ferrantethe applicable Applicant's right, title and interest in and to the applicable lands and premises legally described in Schedule 'A' · real property | not stated | Approved14 Apr 2025 | Second Omnibuis Approval and Vesting Order… |
| Aris Stigter, Christopher O'Brien and Denise O'Brienthe applicable Applicant's right, title and interest in and to the applicable lands and premises legally described in Schedule 'A' · real property | not stated | Approved14 Apr 2025 | Second Omnibuis Approval and Vesting Order… |
| Daniel Willmann and Stephanie D'Costathe applicable Applicant's right, title and interest in and to the applicable lands and premises legally described in Schedule 'A' · real property | not stated | Approved14 Apr 2025 | Second Omnibuis Approval and Vesting Order… |
| Derek McEwenthe applicable Applicant's right, title and interest in and to the applicable lands and premises legally described in Schedule 'A' · real property | not stated | Approved14 Apr 2025 | Second Omnibuis Approval and Vesting Order… |
| Laura Ferrantethe applicable Applicant's right, title and interest in and to the applicable lands and premises legally described in Schedule 'A' · real property | not stated | Approved14 Apr 2025 | Second Omnibuis Approval and Vesting Order… |
| Luigi Fior and Elaine Fiorthe applicable Applicant's right, title and interest in and to the applicable lands and premises legally described in Schedule 'A' · real property | not stated | Approved14 Apr 2025 | Second Omnibuis Approval and Vesting Order… |
| Luigi Fior and Elaine Wilson-Fiorthe applicable Applicant's right, title and interest in and to the applicable lands and premises legally described in Schedule 'A' · real property | not stated | Approved14 Apr 2025 | Second Omnibuis Approval and Vesting Order… |
| Maureen Laughlin and Alex Andersonthe applicable Applicant's right, title and interest in and to the applicable lands and premises legally described in Schedule 'A' · real property | not stated | Approved14 Apr 2025 | Second Omnibuis Approval and Vesting Order… |
| Maureen Laughlin and Lee Marc Andersonthe applicable Applicant's right, title and interest in and to the applicable lands and premises legally described in Schedule 'A' · real property | not stated | Approved14 Apr 2025 | Second Omnibuis Approval and Vesting Order… |
| Morgan Quinn Andersonthe applicable Applicant's right, title and interest in and to the applicable lands and premises legally described in Schedule 'A' · real property | not stated | Approved14 Apr 2025 | Second Omnibuis Approval and Vesting Order… |
| Sarah Maksonthe applicable Applicant's right, title and interest in and to the applicable lands and premises legally described in Schedule 'A' · real property | not stated | Approved14 Apr 2025 | Second Omnibuis Approval and Vesting Order… |
| Viscount Capital Inc.the Applicants' interest in a claim/action against Core Acquisition Co Inc. · asset sale · agreement 31 May 2025 | not stated | Proposed | Thirteenth Report of the Monitor dated July 21,… |
| 1001033964 Ontario Inc.54 Jubilee Avenue East, Timmins, Ontario · real property | not stated | Approved28 Jan 2026 | Third Omnibus Approval and Vesting Order dated… |
| Girjamatty Poppe & Michael W. Burton148 Pine Street North, Timmins, Ontario · real property | not stated | Approved28 Jan 2026 | Third Omnibus Approval and Vesting Order dated… |
| Gurpreet Singh Dhaliwal103 Dome Avenue, South Porcupine, Ontario · real property | not stated | Approved28 Jan 2026 | Third Omnibus Approval and Vesting Order dated… |
| Gurpreet Singh Dhaliwal335 Spruce Street, Timmins, Ontario · real property | not stated | Approved28 Jan 2026 | Third Omnibus Approval and Vesting Order dated… |
| Jerramy Peddie95 Birch Street, Temiskaming, Ontario · real property | not stated | Approved28 Jan 2026 | Third Omnibus Approval and Vesting Order dated… |
| Joanna Lynn Scott65 Kirby Avenue, Timmins, Ontario · real property | not stated | Approved28 Jan 2026 | Third Omnibus Approval and Vesting Order dated… |
| Travis Zorzit302 Franklin Street, Saulte Ste Marie, Ontario · real property | not stated | Approved28 Jan 2026 | Third Omnibus Approval and Vesting Order dated… |
| two credit bidding mortgagees who failed to pay their DIP Allocationtwo credit bid transactions that did not close · auction | Credit bid | Not completeddate not stated | Twelfth Report of the Monitor dated April 7,… |
| unnamed323 credit bid transactions (316 closed) | not stated | Closed17 Dec 2024 | Fifteenth Report of the Monitor dated July 21,… |
| unnamedfive additional Credit Bid APAs (one closed March 4, 2025; four closed April 1, 2025) | not stated | Closed4 Mar 2025 | Fifteenth Report of the Monitor dated July 21,… |
| unnamedSecondary Credit Bids (12 credit bids) | not stated | Closed9 May 2025 | Fifteenth Report of the Monitor dated July 21,… |
| unnamedLiquidation Portfolio Properties | not stated | Closeddate not stated | Fifteenth Report of the Monitor dated July 21,… |
| John Wright and Kristina WrightInterlude Inc.'s right, title and interest in and to the lands and premises legally described as PIN: 65402-0380 (LT)... 430 Toke Street, Timmins, Ontario P4N 6V8 (the ' Purchased Property ') · real property · agreement 19 Jan 2026 | $209Kaccepted offer subject to obtaining requisite lender consents | Approved30 Jul 2026 | Approval and Vesting Order dated July 30, 2026 |
AdvisorsHowards Capital Corp. (listing broker); CBRE Limited (listing broker); Valery Realty Inc. (listing broker); John E. Smith Realty (listing broker); Royal LePAGE Best Choice Realty Ltd. (listing broker); Zieminski Real Estate Brokerage (listing broker)Thirteenth Report of the Monitor dated July 21, 2025
Closing termsvesting effective upon delivery of Monitor's CertificateThird Omnibus Approval and Vesting Order dated January 28, 2026
RecoveriesAs stated in the filings
Unsecured creditors: $800K.EstimatedFifteenth Report of the Monitor · 21 Jul 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | first Mortgagees | — | 50 %$1.5Minterimconditional | Estimatedper the monitor | Fifteenth Report of the Monitor · 21 Jul 2026 |
| Unsecured | unsecured creditors with proven claims | — | $800K | Estimatedper the monitor | Fifteenth Report of the Monitor · 21 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
11 engagements · 4 firms — latest: Cassels Brock & Blackwell LLP, 1 Jan – 30 Jun 2026, $91,891.07 incl. taxFifteenth Report of the Monitor · 21 Jul 2026
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| AlixPartners Restructuring, Inc.Monitor | the Period | — | — | $674.46stated average | Fifteenth Report of the Monitor · 21 Jul 2026 |
| CasselsCounselfirm not named in the heading | 1 Feb – 31 Mar 2025 | — | — | $947.87stated average | Twelfth Report of the Monitor · 7 Apr 2025 |
| Cassels Brock & Blackwell LLPCounsel to the monitorperiod 6 of 6 | 1 Jan – 30 Jun 2026 | — | $91,891.07incl. tax | $793.97stated average | Fifteenth Report of the Monitor · 21 Jul 2026 |
| Cassels Brock & Blackwell LLPCounsel to the monitorperiod 4 of 6 | 1 Apr – 30 Jun 2025 | — | — | $824.65stated average | Motion Record of the Monitor · 21 Jul 2025 |
| Cassels Brock & Blackwell LLPCounsel to the monitorperiod 3 of 6 | 1 Jun – 31 Jul 2024 | — | $936,088.13ex. tax | $767.50stated average | Seventh Report of the Monitor · 23 Aug 2024 |
| Cassels Brock & Blackwell LLPCounsel to the monitorperiod 2 of 6 | 1 Apr – 31 May 2024 | — | $1,122,395.23ex. tax | $815.24stated average | Motion Record of the Monitor · 24 Jul 2024 |
| Cassels Brock & Blackwell LLPCounsel to the monitorperiod 1 of 6 | 17 Jan – 31 Mar 2024 | — | — | $974.48stated average | Third Report of the Monitor · 9 Apr 2024 |
| Cassels Brock & Blackwell LLPCounsel to the monitorperiod 1 of 6 | — | — | — | $824.65stated average | Motion Record of the Monitor · 21 Jul 2026 |
| KSV Restructuring Inc.Monitorperiod 2 of 3 | to 31 Aug 2025 | — | — | $518.06stated average | Twelfth Report of the Monitor · 7 Apr 2025 |
| KSV Restructuring Inc.Monitorperiod 1 of 3 | to 31 Oct 2024 | — | — | $521.09stated average | Motion Record of the Monitor · 23 Aug 2024 |
| KSV Restructuring Inc.Monitorperiod 1 of 3 | the Period | — | — | $572.29stated average | Motion Record of the Monitor · 21 Jul 2025 |
Documents
134 filings
| Date | Document | File |
|---|---|---|
| Schedule A - Notice to Claimants | ||
Service List as at July 31, 2026
| ||
Ancillary Matters Order dated July 30, 2026
| ||
Approval and Vesting Order dated July 30, 2026
| ||
Claims Procedure Order dated July 30, 2026
| ||
Endorsement of Justice Cavanagh dated July 30, 2026
| ||
Interim Distribution Order dated July 30, 2026
| ||
| Schedule B - Proof of Claim Instruction Letter | ||
Endorsement of J. Cavanagh dated July 29, 2026
| ||
Factum of the Monitor dated July 27, 2026
| ||
Fifteenth Report of the Monitor dated July 21, 2026
| ||
Motion Record of the Monitor dated July 21, 2026
| ||
Approval and Vesting Order dated January 28, 2026
| ||
Court Order re Ancillary Matters dated January 28, 2026
| ||
Endorsement of Justice Kimmel dated January 28, 2026
| ||
Third Omnibus Approval and Vesting Order dated January 28, 2026
| ||
Factum of the Monitor dated January 24, 2026
| ||
| Fourteenth Report of the Monitor dated January 21, 2026 | ||
| Motion Record of the Monitor, KSV Restructuring Inc. dated January 21, 2026 | ||
Assignment Claims Order dated July 28, 2025
| ||
Endorsement of Justice Osborne dated July 28, 2025
| ||
Factum of the Monitor dated July 24, 2025
| ||
Motion Record of the Monitor dated July 21, 2025
| ||
Thirteenth Report of the Monitor dated July 21, 2025
| ||
| Notice of Core Claim Assignment | ||
Approval of Stay Extension, Second DIP allocation, Orderly Liquidation Mechanics & Monitor’s
Activities and Fees Order dated April 14, 2025
| ||
Endorsement of Justice Osborne dated April 14, 2025
| ||
Second Omnibuis Approval and Vesting Order dated April 14, 2025
| ||
Factum of the Monitor dated April 10, 2025
| ||
| Motion Record of the Monitor dated April 7, 2025 | ||
Twelfth Report of the Monitor dated April 7, 2025
| ||
| Notice dated February 28, 2025 to Mortgagees of Remaining Properties | ||
Approval and Vesting Order dated February 27, 2025
| ||
Credit Bid Liquidation Process, Stay Extension & Fee and Activities Approval Order dated February 27, 2025
| ||
Endorsement of Justice Osborne dated February 27, 2025
| ||
Factum of the Monitor dated February 25, 2025
| ||
| Eleventh Report of the Monitor dated February 20, 2025 | ||
| Motion Record of the Monitor dated February 20, 2025 | ||
Notice of Motion of the Monitor dated February 20, 2025
| ||
| Monitor's Transition Period Termination Certificate dated December 20, 2024 | ||
Approval of Replacement DIP Facility and Ancillary Order dated December 6, 2024
| ||
Endorsement of Justice Osborne dated December 6, 2024
| ||
| Notice to Tenant - Credit Bid Tenant Notice of December 6 2024 Motion | ||
| Notice to Tenant - Remaining Portfolio Tenant Notice of December 6 2024 Motion | ||
| Omnibus Approval and Vesting Order dated December 6, 2024 | ||
Factum of the Monitor dated December 4, 2024
| ||
| Motion Record of the Monitor dated November 29, 2024 | ||
Notice of Motion of the Monitor dated November 29, 2024
| ||
| Notice to Secured Lenders dated November 29, 2024 | ||
| Tenth Report of the Monitor dated November 29, 2024 | ||
Endorsement dated November 26, 2024
| ||
Stay Extension Order dated November 26, 2024
| ||
Factum of the Monitor dated November 22, 2024
| ||
| Motion Record of the Monitor dated November 21, 2024 | ||
| Ninth Report of the Monitor dated November 21, 2024 | ||
| Notice to Creditors dated November 20, 2024 | ||
Endorsement of Justice Osborne dated October 30, 2024
| ||
Stay Extension Order dated October 30, 2024
| ||
Factum of the Monitor dated October 25, 2024
| ||
| Eighth Report of the Monitor dated October 23, 2024 | ||
Endorsement of Justice Osborne dated October 23, 2024
| ||
| Motion Record of the Monitor dated October 23, 2024 | ||
| Notice to Creditors dated October 23, 2024 | ||
| Notice to Creditors dated October 11, 2024 | ||
| Notice to Mortgagees re Credit Bids | ||
Endorsement of Justice Cavanagh dated August 30, 2024
| ||
Factum of the Monitor dated August 27, 2024
| ||
Motion Record of the Monitor dated August 23, 2024
| ||
Seventh Report of the Monitor dated August 23, 2024
| ||
Court Order dated July 31, 2024
| ||
Endorsement of Justice Steele dated July 31, 2024
| ||
Factum of the Monitor dated July 29, 2024
| ||
Ancillary Matters Order dated July 28, 2024
| ||
Motion Record of the Monitor dated July 24, 2024
| ||
Sixth Report of the Monitor dated July 24, 2024
| ||
| Revised Document Brief - Volume 1 of 5 | ||
| Revised Document Brief - Volume 2 of 5 | ||
| Revised Document Brief - Volume 3 of 5 | ||
| Revised Document Brief - Volume 4 of 5 | ||
| Revised Document Brief - Volume 5 of 5 | ||
Ancillary Order dated June 25, 2024
| ||
Endorsement of Justice Osborne dated June 25, 2024
| ||
Monitor's Powers Order dated June 25, 2024
| ||
Court Order dated June 24, 2024
| ||
Endorsement of Justice Osborne dated June 24, 2024
| ||
| Factum of the Applicants dated June 23, 2024 | ||
Factum of the Monitor dated June 23, 2024
| ||
| Supplement to Fifth Report of the Monitor dated June 23, 2024 | ||
| Factum of the Secured Lenders of the Applicants dated June 21, 2024 | ||
| Motion Record of the Applicants dated June 20, 2024 | ||
| Fifth Report of the Monitor dated June 17, 2024 | ||
| Motion Record of the Monitor dated June 17, 2024 | ||
| Notice of Motion of the Applicants dated June 17, 2024 | ||
Endorsement of Justice Osborne dated June 14, 2024
| ||
| Motion Record of the Moving Party dated June 14, 2024 | ||
| Fourth Report of the Monitor dated June 11, 2024 (redacted version) | ||
Endorsement of Justice Cavanagh dated April 12, 2024
| ||
SISP Approval Order dated April 12, 2024
| ||
| Affidavit of Joshua Foster sworn April 11, 2024 | ||
| Factum of the Applicants dated April 11, 2024 | ||
Third Report of the Monitor dated April 9, 2024
| ||
| Motion Record of the Applicants dated April 8, 2024 | ||
Endorsement of Justice Kimmel dated March 28, 2024
| ||
| Second Amended and Restated Initial Order dated March 28, 2024 | ||
| Affidavit of Robert Clark sworn March 27, 2024 | ||
| Factum of the Applicants dated March 27, 2024 | ||
| Responding Motion Record of the Court-Appointed Lender Representative Counsel dated March 26, 2024 | ||
| Second Report of the Monitor dated March 26, 2024 | ||
| Motion Record of the Applicants dated March 24, 2024 | ||
| Amended and Restated Initial Order dated February 15, 2024 | ||
Endorsement of Justice Kimmel dated February 15, 2024
| ||
| Supplement to the First Report of the Monitor dated February 13, 2024 | ||
| Notice to Lenders dated February 12, 2024 | ||
Endorsement of Justice Kimmel dated February 2, 2024
| ||
| Notice to Creditors dated February 2, 2024 | ||
Amended Initial Order dated January 31, 2024
| ||
| Balboa et al. - FAQs | ||
| Motion Record of the Applicants returnable January 31, 2024 | ||
| Affidavit of Patty Vanminnen sworn January 30, 2024 | ||
| Factum of the Applicants dated January 30, 2024 | ||
First Report of the Monitor dated January 29, 2024
| ||
| Letter to Lenders dated January 24, 2024 | ||
| Agreement of Purchase and Sale - First Mortgagee Template | ||
| Agreement of Purchase and Sale - Second Mortgagee Template | ||
| Agreement of Purchase and Sale Template - First Mortgagee | ||
| Agreement of Purchase and Sale Template - Second Mortgagee | ||
Application Record dated January 23, 2024 - Volume 1 of 2
| ||
| Application Record dated January 23, 2024 - Volume 2 of 2 | ||
Endorsement of Justice Kimmel dated January 23, 2024
| ||
| Factum of the Applicants dated January 23, 2024 | ||
List of Creditors as at January 23, 2024
| ||
| Non Disclosure Agreement | ||
| Pre-filing Report of the Proposed Monitor dated January 23, 2024 | ||
| Schedule C - Proof of Claim | ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Balboa Inc., DSPLN Inc., Happy Gilmore Inc., Interlude Inc., Multiville Inc., The Pink Flamingo Inc., Hometown Housing Inc., the Mulligan Inc., Horses In The Back Inc., Neat Nests Inc. and Joint Captain Real Estate Inc.” (CCAA), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/balboa-inc-dspln-inc-happy-gilmore-inc-interlude-inc-multiville-inc-the-pink-fla