#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.
FollowActive
- 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
Filings held5
Last activity16 Dec 2025
On the record279 days
Secured debt$1.54M
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 AIAsk this case — answers cite the filings
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.
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Royal Bank of Canada · in 556 cases228 GSA dated July 5/11, 2022 (date given inconsistently as July 5, 2022 in affidavit and July 11, 2022 in Notice of Application) over all present and after-acquired personal property; 228 Ontario Lease (Master Lease Agreement dated August 29, 2022, schedules 201000069529, 201000073769, 201000071390); 228 Ontario Conditional Sales Contract dated June 20, 2023; facility limits: Revolving Lease Line of Credit $3,100,000, Credit Card Facility $100,000 — Bank also holds Guarantee and Postponement of Claim from CaraMex Logistics Inc. limited to $3,000,000; demand letter dated Oct 9, 2025 states $49 · as of 7 Oct 2025 | $1.54M | Application Record of the Applicant dated November 20, 2025 |
| 4 | Secured | Royal Bank of Canada · in 556 casesCaraMex GSA dated July 5, 2022; CaraMex Lease (Master Lease Agreement dated July 26, 2023); Revolving Demand Facility USD sub-account and USD overdraft — Companion CAD balance of $5,979,324.98 also owing as of same date (see separate entry). — debtor: CaraMex Logistics Inc. · as of 7 Oct 2025 | $112K USD | Application Record of the Applicant dated November 20, 2025 |
| 5 | PMSI / lessors | PPSA equipment financiers (PMSI class) · in 183 casesPersonal Property Security Act (Ontario) financing statement registrations against the Debtors' personal property; document states 'all registrants have been served with the within Motion Record' (para 18) but does not specify individual registration types or balances on these pages — Named parties on the service list, presumed PPSA registrants, include: TFG Financial Corporation, Coast Capital Equipment Finance Ltd., 1519950 Ontario Inc., Mercedes-Benz Financial, Mercedes-Benz Financial Services Canada Corporation, Daimler Truck Financial Services Canada Corporation, Riordan Leasing Inc., Bod | — | Application Record of the Applicant dated November 20, 2025 |
“not stated” means the record names the claim without a figure; “—” means not in the extracted 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.
Documents5 filings
| Date | Document | File |
|---|---|---|
Endorsement of the Honourable Justice Harris dated December 16, 2025
| ||
Order of the Honourable Justice Harris dated December 16, 2025
| ||
Application Record of the Applicant dated November 20, 2025
| ||
| Book of Authorities dated November 20, 2025 | ||
| Factum of the Applicant dated November 20, 2025 | ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Caramex Logistics Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/caramex-logistics-inc