#Order
The court appointed msi Spergel inc. as receiver [and manager], on the application of ROYAL BANK OF CANADA. Court file CV-25-00006390-0000.
Source: Order of the Honourable Justice Harris dated December 16, 2025
Caramex Logistics Inc.
ActiveFollow
- Proceeding
- Receivership (court-appointed)SECTION 243(1) OF THE BANKRUPTCY AND INSOLVENCY ACT, RSC 1985, C. B-3, AS AMENDED AND SECTION 101 OF THE COURTS OF JUSTICE ACT, R.S.O. 1990, C.C.43
- File
- CV-25-00006390-0000
- Industry
- Transportation & logistics · Trucking & freight
OverviewSummary updated
Caramex Logistics Inc. is the subject of a court-appointed receivership brought under section 243(1) of the Bankruptcy and Insolvency Act, RSC 1985, c. B-3, as amended, and section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43. The proceeding is recorded as active. The record before us identifies no appointing court or judicial centre, no commencement date, and no dated steps taken in the proceeding to date.
Proceedings AIOpen Proceedings AI
Case updates5 dated entries
#Filing
Application Record of the Applicant dated November 20, 2025 was filed. Court file CV-25-00006390-0000.
Source: Application Record of the Applicant dated November 20, 2025
Parties
Debtor
Caramex Logistics Inc.
Receiver
msi Spergel inc.
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Harris | Ontario Superior Court of Justice | 2 orders, Dec 2025 | 2 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ApplicantRoyal Bank of Canada | Harrison Pensa LLP | 16 Dec 2025 | Order · 16 Dec 2025 |
| CreditorRoyal Bank of Canada | Harrison Pensa LLP | 20 Nov 2025 | Factum · 20 Nov 2025 |
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Royal Bank of Canada · in 584 casesCaraMex GSA dated July 5, 2022 (all present and after-acquired personal property); CaraMex Lease (Master Lease Agreement dated July 26, 2023, schedules 201000075549, 201000087736, 201000079582, 201000075984); facility limits: Revolving Demand Facility $3,200,000, Revolving Lease Line of Credit $3,100,000, Credit Card Facility $250,000 — Companion USD balance of $112,396.54 also owing as of same date (see separate entry). Bank also holds Guarantee and Postponement of Claim from 228 Ontario Inc. limited to $6,000,000, and a personal guarantee from a director/guarantor of the Debtors limited to $ · as of 7 Oct 2025 | $5.98M | Application Record of the Applicant dated November 20, 2025 |
| 4 | Secured | |||
| 4 | Secured | |||
| 5 | PMSI / lessors |
3 more claims in 2 classes The stack holds Secured and PMSI / lessors 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.
Documents5 filings
| Date | Document | File |
|---|---|---|
Endorsement of the Honourable Justice Harris dated December 16, 2025
| PDF · Subscribers | |
Order of the Honourable Justice Harris dated December 16, 2025
| PDF · Subscribers | |
Application Record of the Applicant dated November 20, 2025
| PDF · Subscribers | |
Book of Authorities dated November 20, 2025
| PDF · Subscribers | |
Factum of the Applicant dated November 20, 2025
| 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., “Caramex Logistics Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/caramex-logistics-inc