Proceedings.

Downtown Windsor Business Accelerator

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Proceeding
Receivership (court-appointed)Subsection 245 & 246 (1) of the Bankruptcy and Insolvency Act
Industry
Real estate
Filings held1
Last activity12 Aug 2024
On the record815 days
Secured debtSubscribers
OverviewSummary updated

Downtown Windsor Business Accelerator has been in receivership since August 12, 2024, with MNP Ltd. acting as receiver under subsections 245 and 246(1) of the Bankruptcy and Insolvency Act in Ontario. The proceeding remains active. Libro Credit Union holds a general security agreement and a charge/mortgage over the property at 1501 Howard Ave, Windsor, with its claim estimated at CAD 1,200,000; 957590 Ontario Inc. o/a Global Leasing is also listed as secured, with no claim amount stated. The receiver's creditor list, as of August 19, 2024, records dozens of unsecured claims, the largest being Jeremy Bracken at CAD 235,863, a CRA deemed trust claim of CAD 110,864, and Pressey Design Inc at CAD 56,242.

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Case updates1 dated entry
Parties

Debtor

Downtown Windsor Business Accelerator

Receiver

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredLibro Credit Union · in 4 casesGeneral Security Agreement and charge/mortgage on land at 1501 Howard Ave, Windsor, ON — Estimated amount owed as stated in Receiver's Notice and Statement — debtor: Downtown Windsor Business Accelerator · as of 19 Aug 2024$1.2M245 Notice and Statement of Receiver
4Secured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

48 more claims in 2 classes The stack holds Secured and Unsecured claims.

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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.

Documents1 filing
DateDocumentFile
245 Notice and Statement of Receiver
  • Appointee MNP Ltd.
  • Appointee role receiver
  • Commencement date 12 August 2024
  • Financial position Subscribers
  • + 3 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., “Downtown Windsor Business Accelerator” (Receivership (court-appointed)). Retrieved 5 November 2026, https://proceedings.ca/case/downtown-windsor-business-accelerator

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/downtown-windsor-business-accelerator

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.