Bramalea Inc.
Follow- Proceeding
- BankruptcyBIA
- File
- 31-299040
Bramalea Inc. is the subject of an active bankruptcy proceeding under the Bankruptcy and Insolvency Act, before the Ontario Superior Court of Justice (In Bankruptcy and Insolvency) in Ontario. The record contains no dated filings or milestones.
Motion Record of MNP Ltd. - Returnable on August 22, 2024 — Application / notice of application
The court granted an approval and vesting order for the sale to 1000395283 Ontario Inc. Closing terms, as extracted: Vesting effective upon delivery of Trustee's Certificate confirming payment of purchase price, satisfaction/waiver of closing conditions, and completion of the Transaction.
Source: Approval & Vesting Order
The court granted an approval and vesting order. Closing terms, as extracted: vesting effective upon delivery of Trustee's Certificate confirming payment of Purchase Price and satisfaction/waiver of Closing conditions.
Source: Amended and Restated Approval and Vesting Order dated
Motion Record of MNP Ltd. returnable on February 9, 2023 dated — Application / notice of application
Endorsement of Justice Osborne on approval Order of Sales process dated — Endorsement / reasons
Motion Record of MNP Ltd. returnable on November 15, 2022 dated was filed.
Source: Motion Record of MNP Ltd. returnable on November 15, 2022 dated
The court approved a sale and investment solicitation process. A bid deadline of 2022-07-14.
Source: Appointment of Trustee Sales Process and General Relief dated
Motion Record of Italpasta Limited; Returnable on June 14, 2022 dated — Application / notice of application
Debtor
Bramalea Inc.
Trustee in bankruptcy
MNP
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Black | Ontario Superior Court of Justice | 2 orders, Aug 2025 | 176 cases on record |
| Justice Steele | Ontario Superior Court of Justice | 2 orders, Jul 2024 | 220 cases on record |
| Justice Cavanagh | Ontario Superior Court of Justice | 2 orders, Dec 2023 | 288 cases on record |
| Justice Kimmel | Ontario Superior Court of Justice | 2 orders, Feb 2023 | 182 cases on record |
| Justice Osborne | Ontario Superior Court of Justice | 2 orders, Nov 2022 | 146 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverPwC, now discharged of and manager of Bramalea Inc | Blake, Cassels & Graydon LLP | 15 Nov 2022 | Service list · 15 Nov 2022 |
| Trustee in bankruptcyMNP | Loopstra Nixon LLP | 15 Nov 2022 | Service list · 15 Nov 2022 |
| CreditorMontreal Trust Company of Canada | Osler, Hoskin & Harcourt LLP | 15 Nov 2022 | Service list · 15 Nov 2022 |
| CreditorStalking Horse Bidder | Goodmans LLP | 15 Nov 2022 | Service list · 15 Nov 2022 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Nak Design '88 Inc.Construction lien registered March 28, 1995 against Parcel 181 (PIN 14025-0181) — The Proposed Trustee has not investigated whether any amount remains owing nor obtained an opinion on validity/enforceability; Nak Design '88 Inc. has been dissolved and could not be served with the motion record. — debtor: Bramalea Inc. · as of 28 Mar 1995 | $4.77K | Pre-Appointment Report of the Proposed Trustee dated |
| Secured | Canadian Imperial Bank of Commerce (CIBC) · in 67 casesDebenture dated January 20, 1982, registered against Parcel 180 (PIN 14025-0180), in the principal sum of $500,000,000, bearing interest at 30% per annum compounding monthly, secured by fixed/specific mortgages and charges over Bramalea's freehold interests in Ontario, Manitoba, Saskatchewan and Alberta lands, leasehold interests (Toronto Star Building, Sudbury, Hyatt Vancouver), and an assignment of leases and rents — The $500,000,000 is the registered principal amount of the 1982 debenture, not a confirmed outstanding balance; the Proposed Trustee has not investigated whether any amount rema | — | Pre-Appointment Report of the Proposed Trustee dated |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
4 transactions · 3 approved · 1 proposed — the Transaction is hereby approvedApproval and Vesting Order of Honourable Justice Steele dated · 9 Jul 2024
Stalking horse
RCC Enterprises Inc. o/a Railway Construction Company
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Joseph Vitale Management Limitedall of the Trustee's and Bankrupt's right, title and interest in and to the real property described in the Sale Agreement and registered in Land Titles under PIN #14025-0180 and PIN #14025-0181 (collectively, the "Lands") · real property · agreement 6 Jun 2022 | not stated | Approved14 Jun 2022 | Appointment of Trustee Sales Process and… |
| RCC Enterprises Inc. o/a Railway Construction CompanyStalking horsethe Lands · real property · agreement 8 Nov 2022 | not statedSale process approval only; the transaction contemplated in the Stalking Horse Agreement is not approved by this Order | Proposed | Sale Process Approval Order dated |
| 1000395283 Ontario Inc.the Real Property · real property · agreement 6 Jan 2023 | not stated | Approved9 Feb 2023 | Approval & Vesting Order |
| Balprit Kaur Sallthe Real Property · real property · agreement 2 Jun 2024 | not stated | Approved9 Jul 2024 | Approval and Vesting Order of Honourable… |
| Date | Document | File |
|---|---|---|
Amended & Restated Administrative Order
| ||
Endorsement of Justice W.D. Black
| ||
| Motion Record of MNP Ltd. - Returnable on August 22, 2024 | ||
Administrative Relief Order of Honourable Justice Steele dated
| ||
Approval and Vesting Order of Honourable Justice Steele dated
| ||
Endorsement of Honourable Justice Steele dated
| ||
| Motion Record of MNP Ltd dated | ||
Court order for administrative relief
| ||
Endorsement of Justice Cavanagh
| ||
| Motion Record of MNP Ltd. Returnable December 19, 2023 | ||
Standing Approval and Vesting Order
| ||
Administrative Order
| ||
Amended and Restated Approval and Vesting Order dated
| ||
Approval & Vesting Order
| ||
Endorsement Order
| ||
| Motion Record of MNP Ltd. returnable on February 9, 2023 dated | ||
Endorsement of Justice Osborne on approval Order of Sales process dated
| ||
Motion Record of MNP Ltd. returnable on November 15, 2022 dated
| ||
Sale Process Approval Order dated
| ||
Service list for Motion Record of MNP LTD. returnable on November 15, 2022
| ||
Appointment of Trustee Sales Process and General Relief dated
| ||
Approval and Vesting Order dated
| ||
Motion Record of Italpasta Limited; Returnable on June 14, 2022 dated
| ||
Pre-Appointment Report of the Proposed Trustee dated
| ||
| Certificate of Filing of a Bankruptcy Order dated | ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Bramalea Inc.” (Bankruptcy), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/bramalea-inc