Proceedings.

CBJ – Fort Erie Hills Inc.

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Proceeding
Receivership (court-appointed)subsection 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended and section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended
File
CV-24-00730993-00CL
Filings held18
Last activity24 Aug 2026
On the record641 days
Secured debtSubscribers
OverviewSummary updated

CBJ – Fort Erie Hills Inc. was placed in court-appointed receivership on 19 December 2024, when the Ontario Superior Court of Justice appointed TDB Restructuring Limited as receiver and manager under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act, on the application of Hillmount Capital Mortgage Holdings Inc. Hillmount holds a first-ranking charge on the property, its payout figure stated at $7,923,102.54 with per diem interest of $2,714.14 thereafter.

Claims processIf you are owed money

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

Per the Claims Process Order dated June 23, 2026 dated 23 June 2026.

Proceedings AIAsk this case — answers cite the filings
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Case updates19 dated entries

16 earlier updates, back to 19 December 2024 subscribers.

Parties

Debtor

CBJ – Fort Erie Hills Inc.

Receiver

TDB Restructuring

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice DietrichOntario Superior Court of Justice5 orders, Apr 2025 – Jun 202689 cases on record
Justice CavanaghOntario Superior Court of Justice2 orders, Dec 2024288 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverTDB RestructuringThornton Grout Finnigan LLP18 Jun 2026Factum · 18 Jun 2026
ApplicantHillmount Capital Mortgage Holdings IncThornton Grout Finnigan LLP19 Dec 2024Order · 19 Dec 2024
CreditorBurrell Family Trust and the Salvatore Romeo Family TrustBlaney McMurtry LLP11 Jun 2026Service list · 11 Jun 2026
CreditorDennis Blain and Lakefront Developments IncBishop & McKenzie LLP11 Jun 2026Service list · 11 Jun 2026
CreditorDunsire Homes IncTeplitsky, Colson LLP11 Jun 2026Service list · 11 Jun 2026
CreditorHillmount CapitalFogler, Rubinoff LLP11 Jun 2026Service list · 11 Jun 2026
CreditorJeffrey BurrellAdvocatesLLP11 Jun 2026Service list · 11 Jun 2026
CreditorSkylark Office Properties LtdTeplitsky, Colson LLP11 Jun 2026Service list · 11 Jun 2026
CreditorTrans Global Partnership and Randy HoffnerSimpson Wigle Law LLP11 Jun 2026Service list · 11 Jun 2026
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredHillmount Capital Mortgage Holdings Inc. · in 8 casesFirst-ranking mortgage/charge on Real Property (registered 2023/10/25, principal $8,000,000) and general security agreement — Payout statement amount; per diem interest of $2,714.14 thereafter. Prior stated balances: $7,381,647.35 as of Nov 1, 2024 (affidavit); Notice of Sale demand of $7,322,727.65 by Nov 6, 2024; mortgage arrears demand of $69,269.83 (Sept 17, 2024). Also secured by GSA, corporate guarantee from CBJ Developments Inc., and personal guarantees from Jeffrey Burrell, Christopher Agagnier, and Kimberley Gayle Zacharias (guarantors, not creditors). Independent legal opinion (Loops · as of 25 Apr 2025$7.92MFirst Report of the Receiver dated April 10, 2025

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.

3 more claims across lower-ranking classes

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Sale processAs stated in the filings

Sale closedthe Transaction closed and the Receiver's Certificate was deliveredSecond Report of the Receiver dated June 11, 2026 · 11 Jun 2026

PurchaserPriceStatusSource
Dunsire Homes Inc.all of the Respondent's right, title and interest in and to the Purchased Assets (as defined in the APS) · real property · agreement 28 Mar 2025not statedClosed29 Apr 2025Second Report of the Receiver dated June 11,…
AdvisorsLennard Realty Group (listing broker)Second Report of the Receiver dated June 11, 2026
Closing termsVesting effective upon delivery of Receiver's Certificate confirming payment of Purchase Price and satisfaction of closing conditions.Approval and Vesting Order dated April 25, 2025
RecoveriesAs declared or paid

Hillmount Capital Mortgage Holdings Inc.: paid in full.FinalSecond Report of the Receiver · 11 Jun 2026

ClassCreditorClaimsRecoveryBasisSource
SecuredHillmount Capital Mortgage Holdings Inc.paid in fullFinalper the receiverSecond Report of the Receiver · 11 Jun 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.

Documents
18 filings
DateDocumentFile
Proof of ClaimPDF · Subscribers
Ancillary Order dated June 23, 2026
  • Presiding officer Justice J. Dietrich
PDF · Subscribers
Claims Process Order dated June 23, 2026
  • Presiding officer Justice J. Dietrich
PDF · Subscribers
Endorsement of the Honourable Justice J. Dietrich dated June 23, 2026
  • Presiding officer Justice J. Dietrich
PDF · Subscribers
Notice to Claimant
PDF · Subscribers
Factum of the Receiver dated June 18, 2026
  • Counsel Thornton Grout Finnigan LLP
PDF · Subscribers
Motion Record of the Receiver dated June 12, 2026PDF · Subscribers
Second Report of the Receiver dated June 11, 2026
  • Closing confirmed Closed · 29 Apr 2025 · Dunsire Homes Inc.
  • Process results 3000 solicited · 25 NDAs
  • Purchaser Dunsire Homes Inc. · the Real Property · real property · closed
  • Recovery outcome Entries: per actual · Table missing:
  • + 3 more extracted facts
PDF · Subscribers
Service List dated June 11, 2026
  • Counsel TEPLITSKY LLP
PDF · Subscribers
Ancillary Order dated April 25, 2025
  • Presiding officer Justice J. Dietrich
PDF · Subscribers
Approval and Vesting Order dated April 25, 2025
  • Closing terms Vesting effective upon delivery of Receiver's Certificate confirming payment of Purchase Price and satisfaction of closing conditions.
  • Order date 25 April 2025
  • Purchaser Dunsire Homes Inc. · all of the Respondent's right, title and interest in and to the Purchased Assets (as defined in the APS) · real property · approved
  • Sale outcome Sale approved — Court approved the sale transaction and vesting to the Purchaser.
  • + 1 more extracted fact
PDF · Subscribers
Endorsement of the Honourable Justice J. Dietrich dated April 25, 2025
  • Presiding officer Justice J. Dietrich
PDF · Subscribers
First Report of the Receiver dated April 10, 2025
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Motion Record of the Receiver dated April 10, 2025
  • Applicant HILLMOUNT CAPITAL MORTGAGE HOLDINGS INC.
  • Appointee TDB Restructuring Limited
  • Appointee role receiver
  • Commencement date 19 December 2024
  • + 3 more extracted facts
PDF · Subscribers
Endorsement of the Honourable Justice Cavanagh December 19, 2024
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Issued Appointment Order dated December 19, 2024
  • Applicant HILLMOUNT CAPITAL MORTGAGE HOLDINGS INC.
  • Appointee TDB Restructuring Limited
  • Appointee role receiver and manager
  • Commencement date 19 December 2024
  • + 6 more extracted facts
PDF · Subscribers
Endorsement of the Honourable Justice Kimmel dated December 11, 2024
  • Presiding officer Justice Kimmel
PDF · Subscribers
Application Record dated November 29, 2024
  • Applicant HILLMOUNT CAPITAL MORTGAGE HOLDINGS INC.
  • Court SUPERIOR COURT OF JUSTICE
  • Statutory basis Section 101 of the Courts of Justice Act, R.S.O. 1990 c.C.43, as amended, and in the matter of Section 243(1) of Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended
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., “CBJ – Fort Erie Hills Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/cbj-fort-erie-hills-inc

Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/cbj-fort-erie-hills-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.