Proceedings.

Brook Restoration Ltd., E G Rest Acres Ltd., and Swinfin Properties Inc.

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Closed
Proceeding
Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
Court
Ontario Superior Court of Justice · Commercial List
File
CL-26-00000027-0000
Filings held20
Last activity12 Mar 2026
On the record230 days
Secured debtSubscribers
OverviewSummary updated

Brook Restoration Ltd., E G Rest Acres Ltd. and Swinfin Properties Inc. were placed in court-appointed receivership on February 3, 2026, when the Ontario Superior Court of Justice (In Bankruptcy and Insolvency) granted a receivership order under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The proceeding is a single Ontario file, CL-26-00000027-0000, covering all three related companies. The appointment order is the only step recorded in the file, and the matter is now carried as closed.

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A claims procedure has been established — see the order for deadlines.

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Case updates18 dated entries · 2 undated

15 earlier updates, back to 3 February 2026 subscribers.

Undated filings2 — no date appears on the document · show

2 filings carry no date on their face — subscribers.

Parties

Debtor

Brook Restoration Ltd., E G Rest Acres Ltd., and Swinfin Properties Inc.

Receiver

Deloitte

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice SteeleOntario Superior Court of Justice2 orders, Feb 2026220 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverDeloitteThornton Grout Finnigan LLP12 Mar 2026Service list · 12 Mar 2026
ApplicantNational Bank of CanadaFasken Martineau DuMoulin LLP3 Feb 2026Order · 3 Feb 2026
PurchaserAtwill-Morin Structure IncMiller Thomson LLP12 Mar 2026Service list · 12 Mar 2026
CreditorGeoffrey Grist, Brook Restoration LtdLoopstra Nixon LLP12 Mar 2026Service list · 12 Mar 2026
CreditorLiberty Mutual SuretyBorden Ladner Gervais LLP12 Mar 2026Service list · 12 Mar 2026
CreditorNational Bank of CanadaFasken Martineau DuMoulin LLP29 Jan 2026Factum · 29 Jan 2026
CreditorPauline Grist and Swinfin Properties IncWeirFoulds LLP12 Mar 2026Service list · 12 Mar 2026
CreditorWestern Surety CompanyBorden Ladner Gervais LLP12 Mar 2026Service list · 12 Mar 2026
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredNational Bank of Canada (successor to Canadian Western Bank) · in 87 casesGeneral security agreements (GSAs, all-property/floating charge) from Brook, Rest Acres, and Swinfin (Exhibit I); First Rest Acres Mortgage (registered principal $13,402,500, Instrument BC393621, reg. 2020-12-31) and Second Rest Acres Mortgage (registered principal $28,000,000, Instrument BC439167, reg. 2022-09-01) against 869 Rest Acres; First Kelfield Mortgage (registered principal $13,402,500, Instrument AT5612655, first reg. 2020-12-31) and Second Kelfield Mortgage (registered principal $28,000,000, Instrument AT6174547, first reg. 2022-09-01) against 21 Kelfield; Rent Assignments from Res · as of 2 Dec 2025$27.8MApplication Record

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.

5 more claims across lower-ranking classesSubscribe to view
RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedTrustee Preliminary Report · 17 Feb 2026

ClassCreditorClaimsRecoveryBasisSource
Unsecuredno distributionEstimatedper the trusteeTrustee Preliminary Report · 17 Feb 2026

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

Fees and ratesAs stated in the filings

7 engagements · 2 firmslatest: Deloitte Restructuring Inc., 8 Dec 2025 – 18 Feb 2026Motion Record of the receiver · 23 Feb 2026

FirmPeriodHoursFeesRatesSource
Deloitte Restructuring Inc.Receiverperiod 4 of 44 Feb – 18 Feb 20264 peopleMotion Record of the receiver · 23 Feb 2026
Deloitte Restructuring Inc.Receiverperiod 4 of 48 Dec 2025 – 18 Feb 202613 peopleMotion Record of the receiver · 23 Feb 2026
Deloitte Restructuring Inc.Receiverperiod 2 of 419 Jan – 3 Feb 20263 peopleMotion Record of the receiver · 23 Feb 2026
Deloitte Restructuring Inc.Receiverperiod 1 of 48 Dec – 31 Dec 20252 peopleMotion Record of the receiver · 23 Feb 2026
Thornton Grout Finnigan LLPCounsel to the receiverperiod 3 of 38 Dec 2025 – 18 Feb 20266 peopleMotion Record of the receiver · 23 Feb 2026
Thornton Grout Finnigan LLPCounsel to the receiverperiod 3 of 31 Jan – 18 Feb 20266 peopleMotion Record of the receiver · 23 Feb 2026
Thornton Grout Finnigan LLPCounsel to the receiverperiod 1 of 38 Dec – 31 Dec 20252 peopleMotion Record of the receiver · 23 Feb 2026
166 stated figures across 7 engagements, each sourcedSubscribe to view
Documents
20 filings
DateDocumentFile
Service list
  • Counsel FASKEN MARTINEAU DuMOULIN LLP
PDF · Subscribers
Discharge and Distribution orderPDF · Subscribers
Endorsement of Justice William Black re Discharge and Distribution Order
  • Presiding officer Justice William Black
PDF · Subscribers
First Receiver Report
PDF · Subscribers
Motion Record of the receiver
PDF · Subscribers
Trustee Preliminary Report
  • Recovery outcome Entries: per estimated; per estimated · Stated on: 2026-02-17 · Table missing:
PDF · Subscribers
Certificate of Appointment - Brook RestorationPDF · Subscribers
Certificate of Appointment - E G 869 Rest AcresPDF · Subscribers
Certificate of Appointment - Swinfin PropertiesPDF · Subscribers
Full Creditor PackagePDF · Subscribers
Statement of AffairsPDF · Subscribers
Form 87 – Notice and Statement of ReceiverPDF · Subscribers
Approval and Vesting order
  • Counsel FASKEN MARTINEAU DuMOULIN LLP
  • Presiding officer Justice Steele
PDF · Subscribers
Receivership Order
  • Commencement date 3 February 2026
  • Counsel FASKEN MARTINEAU DuMOULIN LLP
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no CL-26-00000027-0000
  • + 2 more extracted facts
PDF · Subscribers
Supplemental Affidavit of Vera Watson
PDF · Subscribers
Factum of the Receiver
  • Counsel FASKEN MARTINEAU DuMOULIN LLP
PDF · Subscribers
Pre-Filing Receiver Report
PDF · Subscribers
Application Record
PDF · Subscribers
Proof of Claim and InstructionsPDF · Subscribers
Proxy FormPDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Brook Restoration Ltd., E G Rest Acres Ltd., and Swinfin Properties Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 20 September 2026, https://proceedings.ca/case/brook-restoration-ltd-e-g-869-rest-acres-ltd-swinfin-properties-inc

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/brook-restoration-ltd-e-g-869-rest-acres-ltd-swinfin-properties-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.