Proceedings.

Diamond Luxury Builders Inc. and 1000704900 Ontario Inc.

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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
File
CV-26-00003012-0000
Filings held3
Last activity26 Jun 2026
On the record87 days
Secured debtSubscribers
OverviewSummary updated

Diamond Luxury Builders Inc. and its affiliate 1000704900 Ontario Inc. were placed in court-appointed receivership on 26 June 2026, when the Ontario Superior Court of Justice appointed The Fuller Landau Group Inc. as receiver under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act, on the application of the Royal Bank of Canada. RBC, the applicant, is owed $2,679,603.58 in combined indebtedness under its credit facilities to the two companies, which share a common director.

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Case updates3 dated entries
#Order

The court appointed The Fuller Landau Group Inc. as receiver, on the application of ROYAL BANK OF CANADA. Court file CV-26-00003012-0000.

Source: Receivership Order

Parties

Debtor

Diamond Luxury Builders Inc. and 1000704900 Ontario Inc.

Receiver

Fuller Landau

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredRoyal Bank of Canada · in 556 casesGeneral security agreements (Diamond Luxury dated March 28, 2025; 900 dated March 28, 2025) over all present, future and after-acquired property; $1,500,000 collateral mortgage on Real Property registered April 9, 2025, instrument PR4450714 — Combined outstanding under Credit Facilities as of April 8, 2026 per application grounds; separate demand letters dated Feb 26, 2026 state Diamond indebtedness $1,563,837.00 and 900 indebtedness $1,139,170.85 (combined $2,688,837.00 / $2,689,170.85 including cross-guarantees) as of Feb 25, 2026 — debtor: Diamond Luxury Builders Inc. and 1000704900 Ontario · as of 8 Apr 2026$2.68MApplication 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.

6 more claims across lower-ranking classes

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Documents3 filings
DateDocumentFile
Endorsement Dated June 26, 2026
  • Applicant ROYAL BANK OF CANADA
  • Commencement date 8 April 2026
  • Court SUPERIOR COURT OF JUSTICE – ONTARIO
  • Court file no CV-26-00003012-0000
  • + 1 more extracted fact
PDF · Subscribers
Receivership Order
  • Applicant ROYAL BANK OF CANADA
  • Appointee The Fuller Landau Group Inc.
  • Appointee role receiver
  • Commencement date 26 June 2026
  • + 5 more extracted facts
PDF · Subscribers
Application Record
  • Applicant ROYAL BANK OF CANADA
  • Commencement date 14 April 2026
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no CV-26-00003012-0000
  • + 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., “Diamond Luxury Builders Inc. and 1000704900 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/diamond-luxury-builders-inc-and-1000704900-ontario-inc

Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/diamond-luxury-builders-inc-and-1000704900-ontario-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.