Edge on Triangle Park Inc. – Consolidated bankruptcy with Edge Residential Inc.
Follow- Proceeding
- CCAACompanies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, AS AMENDED
- File
- CV-16-11541-00CL
Edge on Triangle Park Inc. is bankrupt, in a bankruptcy consolidated with Edge Residential Inc., with a date of bankruptcy of March 1, 2019. The Fuller Landau Group Inc. is trustee, in the Ontario Superior Court of Justice (estate files 31-2481035 and 31-2481036). As at March 1, 2019, the debtor reported assets of CAD 2,404,665.43 against liabilities of CAD 264,848,039.76, a deficiency of CAD 262,443,374.33. Tarion Warranty Corporation holds by far the largest unsecured claim, at CAD 260,881,577.50, followed by Dolvin Mechanical Contractors Ltd. at CAD 2,313,335.03 and Speedy Electrical Contractors Ltd. at CAD 1,068,577.69. The bankruptcy is active.
Motion Record of the Monitor was filed. Court file CV-16-11541-00CL.
Source: Motion Record of the Monitor
The officer filed a report. Triangle and Residential's remaining non-cash assets have been transferred to Urbancorp Cumberland 2 L.P., which is facilitating their liquidation and settlement of Tarion audit obligations, while the Monitor continues to administer the CCAA claims process for the consolidated bankrupt estate.
Source: Preliminary Report
A trustee's filing recorded the date and time of bankruptcy as March 1, 2019 at 13:57.
Source: Amended Certificate of Appointment Edge Residential Inc
A trustee's filing recorded the date and time of bankruptcy as March 1, 2019 at 13:58.
Source: Amended Certificate of Appointment Edge on Triangle Park Inc
Debtor
Edge on Triangle Park Inc. – Consolidated bankruptcy with Edge Residential Inc.
Monitor
Fuller Landau
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Tarion Warranty Corporation · in 6 casesdebtor: Edge Residential Inc. · as of 1 Mar 2019 | $261M | Statement of affairs - Edge Residential Inc |
| Unsecured | Dolvin Mechanical Contractors Ltd. · in 3 casesdebtor: Edge Residential Inc. · as of 1 Mar 2019 | $2.31M | Statement of affairs - Edge Residential Inc |
| Unsecured | Speedy Electrical Contractors Ltd. (c/o Levine Sherkin Boussidan) · in 2 casesdebtor: Edge Residential Inc. · as of 1 Mar 2019 | $1.07M | Statement of affairs - Edge Residential Inc |
| Unsecured | Toro Aluminum · in 2 casesdebtor: Edge Residential Inc. · as of 1 Mar 2019 | $507K | Statement of affairs - Edge Residential Inc |
| Unsecured | Urbancorp Inc. · in 3 casesrelated party (Guy Gissin as contact) — debtor: Edge Residential Inc. · as of 1 Mar 2019 | $77.7K | Statement of affairs - Edge Residential Inc |
Unsecured creditors: not yet estimated.Preliminary Report · 20 Mar 2019
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | not yet estimated | per the trustee | Preliminary Report · 20 Mar 2019 |
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.
As at 1 Mar 2019 · per Statement of Affairs as stated and estimated by the officer (Licensed Insolvency Trustee) · entity - Edge Residential Inc. — Deficiency of $262,443,374.33 stated; no secured creditors listed (List "B" total 0.00), no preferred creditors (List "C" total 0.00), no contingent/other liabilities (List "D" total 0.00); assets consist solely of $2,404,665.43 cash deposit at HSBC per List "H".
| Date | Document | File |
|---|---|---|
| Extension Order | ||
Motion Record of the Monitor
| ||
Preliminary Report
| ||
Amended Certificate of Appointment Edge on Triangle Park Inc
| ||
| Notice | ||
Amended Certificate of Appointment Edge Residential Inc
| ||
Statement of affairs - Edge Residential Inc
| ||
| Statement of affairs - Edge on Triangle Park Inc | ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Edge on Triangle Park Inc. – Consolidated bankruptcy with Edge Residential Inc.” (CCAA), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/edge-on-triangle-park-inc-consolidated-bankruptcy-with-edge-residential-inc