#Order
CV-20-00650557-00CL Order and Endorsement of Justice Mcewen March 30 2023 — Endorsement / reasons
Brightstar
FollowActive
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- File
- CV-20-00650557-00CL
OverviewSummary updated
Brightstar Newcastle Corporation has been under the receivership and management of BDO Canada Limited since November 25, 2020, when the Ontario Superior Court of Justice (Commercial List) made an appointment order on the application of Centurion Mortgage Capital Corporation under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act, in court file CV-20-00650557-00CL. The proceeding remains active. Centurion, which advanced principal of $5,965,000 and holds charge DR1474136 registered for $4,565,000, is in a priority dispute with The Guarantee Company of North America, the deposit insurer on the condominium project, over sale proceeds from the units. Other registered claims include a $596,466 charge held by the Municipality of Clarington and a $50,735.41 construction lien by Maple Terrazzo Marble & Tile Partnership, whose lien action is stayed under the receivership order.
Proceedings AIAsk this case — answers cite the filings
Case updates8 dated entries
#Order
CV-20-00650557-00CL - Centurion v. Brightstar Endorsement of Justice Dunphy dated August 23 2021 — Endorsement / reasons
5 earlier updates, back to 25 November 2020 — subscribers.
Parties
Debtor
Brightstar
Receiver
BDO
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice McEwen | Ontario Superior Court of Justice | 1 order, Mar 2023 | 134 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverBDO | Chaitons LLP | 21 Apr 2021 | Order · 21 Apr 2021 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | 1791029 Ontario Inc.Charge DR1667164 — debtor: Brightstar Newcastle Corporation | $2.5M | Motion Record of the Receiver returnable April 21, 2021 |
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.
9 more claims across lower-ranking classesSubscribe to view
Sale processAs stated in the filings
Sale approved — the Transaction is hereby approvedOrder, Approval and Vesting - BDO Canada Limited - Receiver -… · 21 Apr 2021
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Roger and Jill FayleUnit 101, 21 Brookhouse Drive, Newcastle, Ontario and legally described in Schedule 'A' hereto (collectively, the 'Purchased Assets') · real property · agreement 8 Feb 2021 | not stated | Approved21 Apr 2021 | Order, Approval and Vesting - BDO Canada… |
Closing termsvesting effective upon delivery of the Receiver's Certificate confirming payment and satisfaction of closing conditionsOrder, Approval and Vesting - BDO Canada Limited - Receiver -…
Fees and ratesAs stated in the filings
1 engagement · 1 firm — Chaitons LLP, —Motion Record of the Receiver · 21 Apr 2021
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Chaitons LLPCounsel to the receiver | — | — | — | — | Motion Record of the Receiver · 21 Apr 2021 |
5 stated figures across 1 engagement, each sourcedSubscribe to view
Documents8 filings
| Date | Document | File |
|---|---|---|
CV-20-00650557-00CL Order and Endorsement of Justice Mcewen March 30 2023
| PDF · Subscribers | |
CV-20-00650557-00CL - Centurion v. Brightstar Endorsement of Justice Dunphy dated August 23 2021
| PDF · Subscribers | |
| Responding Record - GCNA - 20-AUG-2021 | PDF · Subscribers | |
Motion Record - Receiver - BDO Canada Limited
| PDF · Subscribers | |
Motion Record of the Receiver returnable April 21, 2021
| PDF · Subscribers | |
Order - BDO Canada Limited - Receiver - 21-APR-2021[2][1][2]
| PDF · Subscribers | |
Order, Approval and Vesting - BDO Canada Limited - Receiver - 21-APR-2021[85][2][1]
| PDF · Subscribers | |
Receivership Order dated November 25, 2020
| 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., “Brightstar” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/brightstar