#Order
The court appointed msi Spergel inc. as receiver and manager, on the application of ROYAL BANK OF CANADA. Court file CV-26-00000033-0000.
Source: Order of the Honourable Justice Sproat dated May 29, 2026
Block and Stone Resource Group Inc.
FollowActive
- Proceeding
- Receivership (court-appointed)SECTION 243(1) OF THE BANKRUPTCY AND INSOLVENCY ACT, RSC 1985, C. B-3, AS AMENDED AND SECTION 101 OF THE COURTS OF JUSTICE ACT, R.S.O. 1990, C.C.43
- File
- CV-26-00000033-0000
OverviewSummary updated
Block and Stone Resource Group Inc. is the subject of a bankruptcy proceeding under the Bankruptcy and Insolvency Act that commenced on April 29, 2026, when a Notice of Application was issued in the Ontario Superior Court of Justice (In Bankruptcy and Insolvency). The matter is proceeding in Ontario under court file number CV-26-00000033-0000 and remains active. The record to date consists of the issued application; no subsequent steps have been entered.
Proceedings AIAsk this case — answers cite the filings
Case updates4 dated entries
#Filing
Book of Authorities of the Applicant dated May 14, 2026 — Application / notice of application
1 earlier update, back to 29 May 2026 — subscribers.
Parties
Debtor
Block and Stone Resource Group Inc.
Receiver
msi Spergel inc.
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Associate Judge Sproat | Ontario Superior Court of Justice | 1 order, May 2026 | 2 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ApplicantRoyal Bank of Canada | Harrison Pensa LLP | 29 May 2026 | Order · 29 May 2026 |
| CreditorRoyal Bank of Canada | Harrison Pensa LLP | 14 May 2026 | Factum · 14 May 2026 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Royal Bank of Canada · in 556 casesGeneral Security Agreement dated December 14, 2010 (all present and after-acquired personal property); Security Agreement (Chattel Mortgage for other than Inventory and Consumer Goods) dated April 9, 2019; Master Lease Agreement dated April 5, 2016 with leasing schedules 201000026329, 201000029754, 201000039914, 201000045029, 201000045554, 201000081641 (title to leased equipment reserved to Bank); Guarantee and Postponement of Claim from Andrew Negus dated July 25, 2024, limited to $625,000.00 (related party - director/guarantor); Guarantee and Postponement of Claim from Glenn Hawton dated Dec · as of 24 Apr 2026 | $1.38M | Application Record of the Applicant dated April 30, 2026 |
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.
1 more claim across lower-ranking classesSubscribe to view
Documents4 filings
| Date | Document | File |
|---|---|---|
Order of the Honourable Justice Sproat dated May 29, 2026
| PDF · Subscribers | |
Book of Authorities of the Applicant dated May 14, 2026
| PDF · Subscribers | |
Factum of the Applicant dated May 14, 2026
| PDF · Subscribers | |
Application Record of the Applicant dated April 30, 2026
| 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., “Block and Stone Resource Group Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/block-and-stone-resource-group-inc