Proceedings.

Bramalea Inc.

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Active
Proceeding
BankruptcyBIA
File
31-299040
Filings held25
Last activity22 Aug 2025
On the record1,412 days
Secured debt$4.77K
OverviewSummary updated

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.

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Case updates25 dated entries
#Sale

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

Parties

Debtor

Bramalea Inc.

Trustee in bankruptcy

MNP

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice BlackOntario Superior Court of Justice2 orders, Aug 2025176 cases on record
Justice SteeleOntario Superior Court of Justice2 orders, Jul 2024220 cases on record
Justice CavanaghOntario Superior Court of Justice2 orders, Dec 2023288 cases on record
Justice KimmelOntario Superior Court of Justice2 orders, Feb 2023182 cases on record
Justice OsborneOntario Superior Court of Justice2 orders, Nov 2022146 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverPwC, now discharged of and manager of Bramalea IncBlake, Cassels & Graydon LLP15 Nov 2022Service list · 15 Nov 2022
Trustee in bankruptcyMNPLoopstra Nixon LLP15 Nov 2022Service list · 15 Nov 2022
CreditorMontreal Trust Company of CanadaOsler, Hoskin & Harcourt LLP15 Nov 2022Service list · 15 Nov 2022
CreditorStalking Horse BidderGoodmans LLP15 Nov 2022Service list · 15 Nov 2022
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredNak 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$4.77KPre-Appointment Report of the Proposed Trustee dated
SecuredCanadian 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 remaPre-Appointment Report of the Proposed Trustee dated

“not stated” means the record names the claim without a figure; “” means not in the extracted record.

Sale processAs stated in the filings

4 transactions · 3 approved · 1 proposedthe Transaction is hereby approvedApproval and Vesting Order of Honourable Justice Steele dated · 9 Jul 2024

Bid deadline (round closed)

6 January 2023

Sale Process Approval Order dated

Stalking horse

RCC Enterprises Inc. o/a Railway Construction Company

Sale Process Approval Order dated

PurchaserPriceStatusSource
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 2022not statedApproved14 Jun 2022Appointment of Trustee Sales Process and…
RCC Enterprises Inc. o/a Railway Construction CompanyStalking horsethe Lands · real property · agreement 8 Nov 2022not statedSale process approval only; the transaction contemplated in the Stalking Horse Agreement is not approved by this OrderProposedSale Process Approval Order dated
1000395283 Ontario Inc.the Real Property · real property · agreement 6 Jan 2023not statedApproved9 Feb 2023Approval & Vesting Order
Balprit Kaur Sallthe Real Property · real property · agreement 2 Jun 2024not statedApproved9 Jul 2024Approval and Vesting Order of Honourable…
Closing termsVesting effective upon delivery of Trustee's Certificate confirming payment of Purchase Price and satisfaction/waiver of Closing conditionsApproval and Vesting Order of Honourable Justice Steele dated
Documents
25 filings
DateDocumentFile
Amended & Restated Administrative Order
  • Presiding officer Justice W.D. Black
PDF
Endorsement of Justice W.D. Black
  • Presiding officer Justice W.D. Black
PDF
Motion Record of MNP Ltd. - Returnable on August 22, 2024PDF
Administrative Relief Order of Honourable Justice Steele dated
  • Presiding officer Justice Steele
PDF
Approval and Vesting Order of Honourable Justice Steele dated
  • Closing terms Vesting effective upon delivery of Trustee's Certificate confirming payment of Purchase Price and satisfaction/waiver of Closing conditions
  • Purchaser Balprit Kaur Sall · the Real Property · real property · approved
  • Sale outcome Sale approved — the Transaction is hereby approved
PDF
Endorsement of Honourable Justice Steele dated
  • Presiding officer Justice Steele
PDF
Motion Record of MNP Ltd datedPDF
Court order for administrative relief
  • Presiding officer Justice Cavanagh
PDF
Endorsement of Justice Cavanagh
  • Presiding officer Justice Cavanagh
PDF
Motion Record of MNP Ltd. Returnable December 19, 2023PDF
Standing Approval and Vesting Order
  • Closing terms Sale Agreements for Real Property up to $45,000 per parcel, sold as is, where is, with vesting upon delivery of Trustee's Certificate
  • Sale outcome Sale process approved — Sale Process approved for future sales of Real Property under a standing framework
PDF
Administrative Order
  • Presiding officer Justice Kimmel
PDF
Amended and Restated Approval and Vesting Order dated
  • Closing terms vesting effective upon delivery of Trustee's Certificate confirming payment of Purchase Price and satisfaction/waiver of Closing conditions
  • Order date 9 February 2023
PDF
Approval & Vesting Order
  • Closing terms Vesting effective upon delivery of Trustee's Certificate confirming payment of purchase price, satisfaction/waiver of closing conditions, and completion of the Transaction.
  • Order date 9 February 2023
  • Purchaser 1000395283 Ontario Inc. · the Real Property · real property · approved
  • Sale outcome Sale approved — The Transaction is approved and the Real Property is to vest in the Purchaser upon delivery of the Trustee's Certificate.
PDF
Endorsement Order
  • Presiding officer Justice Kimmel
PDF
Motion Record of MNP Ltd. returnable on February 9, 2023 datedPDF
Endorsement of Justice Osborne on approval Order of Sales process dated
  • Presiding officer Justice Osborne
PDF
Motion Record of MNP Ltd. returnable on November 15, 2022 dated
  • Appointee MNP Ltd.
  • Appointee role Trustee
  • Commencement date 9 November 2022
  • Court SUPERIOR COURT OF JUSTICE
  • + 2 more extracted facts
PDF
Sale Process Approval Order dated
  • Bid deadline 6 January 2023
  • Break fee $64K
  • Order date 15 November 2022
  • Presiding officer Justice Osborne
  • + 3 more extracted facts
PDF
Service list for Motion Record of MNP LTD. returnable on November 15, 2022
  • Counsel Blake, Cassels & Graydon LLP
PDF
Appointment of Trustee Sales Process and General Relief dated
  • Order date 14 June 2022
  • Purchaser Joseph Vitale Management Limited · the sale of the Remnant Lands on an 'as is, where is' basis · real property · approved
  • Sale outcome Sale process approved — the Trustee is authorized to implement the Sales Process, including executing the purchase agreement with JVML, contacting neighbouring landowners for Qualifying Offers, conducting an auction if applicable, and completing a transaction with the highest and best offeror
PDF
Approval and Vesting Order dated
  • Closing terms vesting effective upon delivery of Trustee's Certificate confirming payment of Purchase Price and satisfaction of Sale Agreement conditions
  • Purchaser Joseph Vitale Management Limited · all 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 · approved
  • Sale outcome Back-up bid approved — Transaction approved and vesting ordered, conditional on no better offers or Purchaser being successful offeror in sales process
PDF
Motion Record of Italpasta Limited; Returnable on June 14, 2022 dated
  • Applicant Italpasta Limited
  • Court SUPERIOR COURT OF JUSTICE (IN BANKRUPTCY & INSOLVENCY)
  • Court file no 31-299040
  • Province Ontario
PDF
Pre-Appointment Report of the Proposed Trustee dated
  • Secured creditors Note: 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 remains owing to CIBC and has not obtained an opinion of independent counsel as to the validity or enforceability of the security. · Page: 10 · Debtor: Bramalea Inc. (formerly Bramalea Limited/BCDL) · Creditor: Canadian Imperial Bank of Commerce (CIBC) · Currency: CAD · Security: Debenture 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
PDF
Certificate of Filing of a Bankruptcy Order datedPDF

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

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/bramalea-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.