Proceedings.

Chacon Holding Corp.

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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-24-00002400-0000
Filings held11
Last activity16 Sep 2026
On the record622 days
OverviewSummary updated

Chacon Holding Corp. has been under court-appointed receivership in Ontario since August 16, 2024, when the Ontario Superior Court of Justice (In Bankruptcy and Insolvency) made a receivership order under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The proceeding is carried on court file CV-24-2400-0000 and remains active. No further steps have been recorded on the file.

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Case updates11 dated entries

8 earlier updates, back to 7 January 2025 subscribers.

Parties

Debtor

Chacon Holding Corp.

Receiver

BDO

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice AndreOntario Superior Court of Justice2 orders, Apr 20254 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverBDOWeirFoulds LLP7 Jan 2025Order · 7 Jan 2025
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
Deemed trusts (CRA and other)Canada Revenue Agency (CRA) · in 926 casesHST Arrears claim submitted by CRA; deemed trust / priority payable class, to be paid ahead of secured mortgagees per Receiver's proposed distribution — debtor: Chacon Holding Corp. · as of 20 Nov 2024$18.7KMotion Record – Returnable January 7, 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.

14 more claims across lower-ranking classes

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Sale processAs stated in the filings

Sale did not complete127 Canada defaulted on the Transaction and it did not close; deposit forfeitedSupplemental Report to Court (w appendices) - FINAL · 8 Apr 2025

PurchaserPriceStatusSource
12755467 Canada Inc.Purchased Assets described in the Sale Agreement · real property · agreement 21 Oct 2024not statedNot completed25 Mar 2025Supplemental Report to Court (w appendices) -…
Fees and ratesAs stated in the filings

6 engagements · 3 firmslatest: BDO Canada Limited, 7 Dec 2024 – 31 Mar 2025Supplemental Report to Court (w appendices) - FINAL · 8 Apr 2025

FirmPeriodHoursFeesRatesSource
BDO Canada LimitedReceiverperiod 2 of 27 Dec 2024 – 31 Mar 2025•••••••••Supplemental Report to Court (w appendices) - FINAL · 8 Apr 2025
BDO Canada LimitedReceiverperiod 1 of 219 Apr – 6 Dec 2024•••••••••Supplemental Report to Court (w appendices) - FINAL · 8 Apr 2025
BDO Canada LimitedReceiverperiod 2 of 2 · firm not named in the heading•••••••••Motion Record - Receiver - BDO Canada Limited - 17-MAR-2025 · 17 Mar 2025
BDO Canada LimitedReceiverperiod 1 of 2 · firm not named in the heading•••••••••Motion Record · 7 Jan 2025
WeirFouldsCounselperiod 1 of 219 Apr – 30 Nov 2024•••••••••Supplemental Report to Court (w appendices) - FINAL · 8 Apr 2025
WeirFoulds LLPCounselperiod 2 of 21 Dec 2024 – 31 Mar 2025•••••••••Supplemental Report to Court (w appendices) - FINAL · 8 Apr 2025

24 stated figures across 6 engagements, each sourced

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Documents
11 filings
DateDocumentFile
Second Report To the CourtPDF · Subscribers
Endorsement - Andre J. - 2439656 ONTARIO INC. e tal v CHACON HOLDING CORP et al -15-APR-2025
  • Presiding officer Justice Andre
PDF · Subscribers
F-order-justice-andre
  • Presiding officer Justice Cudjoe
PDF · Subscribers
Supplemental Report to Court (w appendices) - FINAL
  • Closing confirmed Did not complete · 25 Mar 2025 · 12755467 Canada Inc.
  • Purchaser 12755467 Canada Inc. · Purchased Assets described in the Sale Agreement · real property · not completed
  • Fee schedule · Financial position Subscribers
  • + 5 more extracted facts
PDF · Subscribers
Motion Record - Receiver - BDO Canada Limited - 17-MAR-2025
PDF · Subscribers
Endorsement – Cudjoe JPDF · Subscribers
Ancillary Relief Order – Dated January 7, 2025
  • Counsel Weirfoulds LLP
  • Presiding officer Justice Rahman
PDF · Subscribers
Approval and Vesting Order – Dated January 7, 2025
  • Sale outcome Sale approved — the Transaction is hereby approved
  • Stalking horse Subscribers
PDF · Subscribers
Motion Record – Returnable January 7, 2025
  • Applicant 2439656 ONTARIO INC. and MS CAPITAL CORP.
  • Appointee BDO Canada Limited
  • Appointee role Receiver
  • Commencement date 7 January 2025
  • + 6 more extracted facts
PDF · Subscribers
Endorsement – Shaw J
  • Presiding officer Justice L. Shaw
PDF · Subscribers
Receivership Order
  • Applicant 2439656 ONTARIO INC. and MS CAPITAL CORP
  • Appointee BDO Canada Limited
  • Appointee role receiver and manager
  • Court SUPERIOR COURT OF JUSTICE
  • + 4 more extracted facts
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., “Chacon Holding Corp.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/chacon-holding-corp

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/chacon-holding-corp

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.