Proceedings.

Choice Wholesale Meats Ltd.

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Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
Court
Ontario Superior Court of Justice · Commercial List
File
CL-26-00000201-0000
Filings held10
Last activity22 Sep 2026
On the record143 days
Secured debtSubscribers
OverviewSummary updated

A court-appointed receivership is proceeding in the Ontario Superior Court of Justice under court file CL-26-00000201-0000. The receivership order was made on Monday, June 15, 2026, under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The proceeding remains active. The record identifies no debtor name and no further steps to date.

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Case updates10 dated entries
#Report

Interim statement of receipts and disbursements reported $250,000 borrowed under a Receiver's Certificate and $69,813 disbursed since June 15, 2026, leaving an estate balance of $180,187 as at September 14, 2026.

Source: First Report Package

Outcome brief

Choice Wholesale Meats: 2877 Dufferin sells, the discharge waits

Three months after TD put a Toronto meat wholesaler and its building into receivership over $1,142,059.91 of debt, Justice Dietrich approved the only offer for 2877 Dufferin Street, sealed its price and let the proceeds run to TD, which expects a shortfall — but declined to discharge Albert Gelman Inc. before the sale closes and the money is paid out.

Parties

Debtor

File Documents

Receiver

Albert Gelman

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice DietrichOntario Superior Court of Justice2 orders, Sep 2026132 cases on record
Justice CavanaghOntario Superior Court of Justice2 orders, Jun 2026318 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverAlbert GelmanGarfinkle, Biderman LLP22 Sep 2026Order · 22 Sep 2026
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredThe Toronto-Dominion Bank · in 121 casesGeneral Security Agreement dated April 11, 2025 (Debtor); Collateral Mortgage in principal amount of $1,100,000 registered April 28, 2025 as Instrument No. AT6804074 against 2877 Dufferin Street, Toronto (Tony & Paul); General Assignment of Rents and Leases dated April 11, 2025 registered as Instrument No. AT6804075 — Total per Affidavit indebtedness table as at May 12, 2026 (Operating Facility $335,738.15 + Visa 0785 $5,381.22 + Visa 2061 $19,152.53 + Term Facility $781,788.01, not summed by document but stated as TOTAL). Earlier demand letters/NOI dated April 16, 2026 stated indebtedness as · as of 12 May 2026$1.14MApplication Record (returnable June 15, 2026)
4Secured
4Secured
4Secured
5PMSI / lessors
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

10 more claims in 3 classes The stack holds Secured, PMSI / lessors and Unsecured claims.

Every creditor and every amount, drawn to scale.

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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.

Sale processAs stated in the filings

2 transactions · 1 proposed · 1 approved — The Transaction is approved by the CourtApproval and Vesting Order – Justice Dietrich – September 22 2026 · 22 Sep 2026

Parties solicited

1000

First Report Package

Bids received

1

First Report Package

PurchaserPriceStatusSource
1001717667 Ontario Inc.the Dufferin Property, including all fixtures, improvements and chattels, if any, presently at the Dufferin Property · real property · agreement 27 Jul 2026SubscribersProposedFirst Report Package
1001717667 Ontario Inc.the Debtor's right, title and interest in and to the Dufferin Property described in the Sale Agreement · real property · agreement 5 Aug 2026SubscribersApproved22 Sep 2026Approval and Vesting Order – Justice Dietrich –…
AdvisorsLennard Commercial Realty, Brokerage (listing broker)First Report of the Receiver dated September 15, 2026
Closing termsVesting occurs upon delivery of the Receiver's Certificate to the Purchaser confirming payment of the Purchase Price and satisfaction/waiver of Closing conditions.Approval and Vesting Order – Justice Dietrich – September 22 2026
RecoveriesAs stated in the filings

The Toronto-Dominion Bank: shortfall.EstimatedFirst Report Package · 15 Sep 2026

ClassCreditorClaimsRecoveryBasisSource
SecuredTDThe Toronto-Dominion Bank—shortfallEstimatedper the receiverFirst Report Package · 15 Sep 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.

Estate financialsReported figures — never derived

Cumulative receipts

$250K

As at 14 Sep 2026First Report Package

Cumulative disbursements

As at

Cash on hand

As at

Professional fees

As at

3 more reported figures

Each one as the filing states it, with its source.

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Documents
10 filings
DateDocumentFile
Ancillary Relief Order – Justice Dietrich – September 22 2026
  • Counsel Garfinkle Biderman LLP
  • Presiding officer Justice J. Dietrich
PDF · Subscribers
Approval and Vesting Order – Justice Dietrich – September 22 2026
  • Closing terms Vesting occurs upon delivery of the Receiver's Certificate to the Purchaser confirming payment of the Purchase Price and satisfaction/waiver of Closing conditions.
  • Counsel Garfinkle Biderman LLP
  • Order date 22 September 2026
  • Presiding officer Justice Dietrich
  • + 3 more extracted facts
PDF · Subscribers
Endorsement of Justice J. Dietrich dated September 22, 2026
  • Presiding officer Justice J. Dietrich
PDF · Subscribers
First Report Package
  • Operational summary As of the Filing Date the Company was not carrying on any operations and had only assets of nominal value; the receivership's primary purpose has been an orderly, court-supervised sale process for the Dufferin Property.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 10 more extracted facts
PDF · Subscribers
First Report of the Receiver dated September 15, 2026
  • Operational summary The Company was not carrying on any operations as at the Filing Date, with only nominal-value residual assets; the receivership's primary purpose was to conduct a court-supervised sale process for the Dufferin Property.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 11 more extracted facts
PDF · Subscribers
Endorsement of Justice P Cavanagh – June 15, 2026
  • Presiding officer Justice P. Cavanagh
PDF · Subscribers
Order Appointing Receiver dated June 15, 2026
  • Applicant The Toronto-Dominion Bank
  • Appointee Albert Gelman Inc.
  • Appointee role receiver and manager
  • Commencement date 15 June 2026
  • + 5 more extracted facts
PDF · Subscribers
Supplementary Application Record (returnable June 15, 2026)
  • Applicant THE TORONTO-DOMINION BANK
  • Appointee ALBERT GELMAN INC.
  • Appointee role Proposed Receiver
  • Commencement date 8 June 2026
  • + 7 more extracted facts
PDF · Subscribers
Factum of the Applicant (The Toronto-Dominion Bank) (returnable June 15, 2026)PDF · Subscribers
Application Record (returnable June 15, 2026)
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., “Choice Wholesale Meats Ltd.” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 4 November 2026, https://proceedings.ca/case/choice-wholesale-meats-ltd

Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/choice-wholesale-meats-ltd

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.