#Order
CV-20-00650557-00CL Order and Endorsement of Justice Mcewen March 30 2023 — Endorsement / reasons
Brightstar
ActiveFollow
- 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
- Industry
- Real estate · Residential development
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 AIOpen Proceedings AI
Case updates8 dated entries
#Order
CV-20-00650557-00CL - Centurion v. Brightstar Endorsement of Justice Dunphy dated August 23 2021 — Endorsement / reasons
#Sale
The court granted an approval and vesting order for the sale to Roger and Jill Fayle. Closing terms, as extracted: vesting effective upon delivery of the Receiver's Certificate confirming payment and satisfaction of closing conditions.
Source: Order, Approval and Vesting - BDO Canada Limited - Receiver - 21-APR-2021[85][2][1]
#Filing
Motion Record of the Receiver returnable April 21, 2021 — Application / notice of application
#Order
The Ontario Superior Court of Justice granted a receivership order on Wednesday, November 25, 2020, commencing the proceeding under court file CV-20-00650557-00CL.
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 Pattillo | Ontario Superior Court of Justice | 2 orders, Apr 2021 | 75 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverBDO | Chaitons LLP | 21 Apr 2021 | Order · 21 Apr 2021 |
| Applicant | Robins Appleby LLP | 25 Nov 2020 | Order · 25 Nov 2020 |
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | 1791029 Ontario Inc.Charge DR1667164 — debtor: Brightstar Newcastle Corporation | $2.5M | Motion Record of the Receiver returnable April 21, 2021 |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
9 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansThis 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.
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, in feesMotion Record of the Receiver · 14 Apr 2021
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Chaitons LLPCounsel to the receiver | — | — | Motion Record of the Receiver · 14 Apr 2021 |
2 blurred figures above
What the firm billed — each as the filing states it, with its source.
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See all plansDocuments8 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 | |
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 | |
Motion Record of the Receiver returnable April 21, 2021
| 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 4 November 2026, https://proceedings.ca/case/brightstar