Belmont Dynamic Growth Fund
Follow- Proceeding
- Receivership (court-appointed)section 101 of the Courts of Justice Act
- Court
- Ontario Superior Court of Justice · Commercial List
- File
- 09-8308-00CL
Belmont Dynamic Growth Fund has been under court-appointed receivership in Ontario since August 6, 2009, when the Ontario Superior Court of Justice (In Bankruptcy and Insolvency) made a receivership order under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The proceeding is carried on court file 09-8308-00CL. The receivership remains active. The record of this proceeding consists of the appointment itself; no subsequent steps have been entered.
The claims bar date has passed — claims were due by
Per the Claims Procedure Order dated 21 October 2009.
The officer filed report no. Eighth Report. The receivership is winding down: the Vontobel and Counterparty Settlements have been implemented, all anticipated distributions from the Segregated Portfolio have been received, and the Receiver seeks final distributions, fee approvals, and discharge pending completion of remaining administrative steps.
Source: Eighth Report of the Receiver
49 earlier updates, back to 6 August 2009 — subscribers.
Undated filings1 — no date appears on the document · show
1 filings carry no date on their face — subscribers.
Debtor
Belmont Dynamic Growth Fund
Receiver
KPMG
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Hoy | Ontario Superior Court of Justice | 6 orders, Oct 2009 – May 2010 | 18 cases on record |
| Justice Mesbur | Ontario Superior Court of Justice | 3 orders, Aug 2009 – Apr 2012 | 31 cases on record |
| Justice Dietrich | Ontario Superior Court of Justice | 2 orders, Mar 2026 | 89 cases on record |
| Justice Morawetz | Ontario Superior Court of Justice | 2 orders, Dec 2013 | 130 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverKPMG | Stikeman Elliott LLP | 17 May 2010 | Order · 17 May 2010 |
| Applicant | McCarthy Tétrault LLP | 31 Jul 2009 | Application · 31 Jul 2009 |
| DebtorBelmont Dynamic Growth Fund | McCarthy Tétrault LLP | 6 Aug 2009 | Order · 6 Aug 2009 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Counterparty (an affiliate of a Schedule I bank under the Bank Act (Canada), unnamed)Pledge of the Canadian Share Portfolio as security for the Fund's obligations under the Forward Contract (forward purchase and sale agreements); Forward Maturity Date August 1, 2016 — No stated dollar balance; obligation is tied to redemption proceeds of a notional number of Underlying Fund shares on maturity, not a fixed amount as of these pages — debtor: Belmont Dynamic Growth Fund | — | Motion Record |
“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.
Unsecured creditors: a distribution. RBC DS a distribution · Vontobel a distribution · Counterparty a distribution.FinalEighth Report of the Receiver · 23 Jan 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | a distribution | Finalper the receiver | Eighth Report of the Receiver · 23 Jan 2026 |
| Equity | RBC DS | — | a distribution | Estimatedper the receiver | Eighth Report of the Receiver · 23 Jan 2026 |
| Equity | Vontobel | — | a distributioninterimconditional | Estimatedper the receiver | Third Report of Receiver · 21 Jun 2010 |
| class not placedCounterparty | Counterparty | — | a distributionconditional | Estimatedper the receiver | Supplement to Third Report of Receiver · 23 Aug 2010 |
| class not placedVontobel | Vontobel | — | a distributioninterimconditional | Estimatedper the receiver | Supplement to Third Report of Receiver · 23 Aug 2010 |
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.
Cumulative receipts
$6.74M
As at 23 Jan 2026Eighth Report of the Receiver
| Date | Document | File |
|---|---|---|
Belmont - Order
| PDF · Subscribers | |
Endorsement of Justice J. Dietrich
| PDF · Subscribers | |
Eighth Report of the Receiver
| PDF · Subscribers | |
Counterparty Settlement Order
| PDF · Subscribers | |
Distribution Order
| PDF · Subscribers | |
Handwritten Endorsement
| PDF · Subscribers | |
Seventh Report of the Receiver
| PDF · Subscribers | |
| Sixth Report of the Receiver | PDF · Subscribers | |
| Fifth Report of the Receiver | PDF · Subscribers | |
| Fifth Report of the Receiver - Appendices G to H | PDF · Subscribers | |
| Supplement to the Fourth Report of the Receiver | PDF · Subscribers | |
Appendices to Fourth Report
| PDF · Subscribers | |
| Fourth Report | PDF · Subscribers | |
| Cover letter to Investors with 2010 tax slips | PDF · Subscribers | |
| Responding Motion Record of Daniel Nead | PDF · Subscribers | |
| Appendices to Supplement to Third Report of Receiver | PDF · Subscribers | |
Supplement to Third Report of Receiver
| PDF · Subscribers | |
| Responding Motion Record of National Bank of Canada (Global) Limited - Part 1 | PDF · Subscribers | |
| Responding Motion Record of National Bank of Canada (Global) Limited - Part 2 | PDF · Subscribers | |
| Appendices to Third Report of Receiver | PDF · Subscribers | |
Third Report of Receiver
| PDF · Subscribers | |
Claims Determination Order
| PDF · Subscribers | |
Unofficial Endorsement of Justice Hoy
| PDF · Subscribers | |
| Supplement to Second Report of Receiver | PDF · Subscribers | |
| Appendices to Second Report of Receiver | PDF · Subscribers | |
| Second Report of Receiver | PDF · Subscribers | |
| Cover letter to Investors with 2009 tax slips | PDF · Subscribers | |
| First Reporting Letter to Investors | PDF · Subscribers | |
| Proof of Claim | PDF · Subscribers | |
| Notice of Revision or Disallowance | PDF · Subscribers | |
Claims Procedure Order
| PDF · Subscribers | |
Endorsement of Justice Hoy
| PDF · Subscribers | |
Order
| PDF · Subscribers | |
Unofficial Endorsement of Justice Hoy (Unofficial Typed)
| PDF · Subscribers | |
| Appendices to First Report of Receiver | PDF · Subscribers | |
| Fifth Report of the Receiver - Appendices C to F | PDF · Subscribers | |
| First Report of Receiver | PDF · Subscribers | |
| Dissolution Hearing - Brief of Authorities | PDF · Subscribers | |
Dissolution Hearing - Factum of the Applicants
| PDF · Subscribers | |
| Endorsement | PDF · Subscribers | |
Notice and Statement of the Receiver
| PDF · Subscribers | |
| Notice to RBC Dominion Securities Clients - English | PDF · Subscribers | |
| Notice to RBC Dominion Securities Clients - French | PDF · Subscribers | |
| Notice to RBC Phillips, Hager & North Investment Counsel Clients - English | PDF · Subscribers | |
| Notice to RBC Phillips, Hager & North Investment Counsel Clients - French | PDF · Subscribers | |
Appointment Order
| PDF · Subscribers | |
Endorsement of Justice Mesbur
| PDF · Subscribers | |
Fifth Report of the Receiver - Appendices A to B
| PDF · Subscribers | |
| Instruction Letter for completing the Proof of Claim | PDF · Subscribers | |
Unofficial Endorsement of Justice Mesbur (Unofficial Typed)
| PDF · Subscribers | |
Notice of Application
| PDF · Subscribers | |
Motion Record
| PDF · Subscribers | |
| Notice of Dispute of Revision or Disallowance | 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., “Belmont Dynamic Growth Fund” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 21 September 2026, https://proceedings.ca/case/belmont-dynamic-growth-fund