Europa 2022 Inc.
- Proceeding
- Receivership (court-appointed)SECTION 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-25-00737773-00CL
- Industry
- Real estate · Land holdings
Europa 2022 Inc. has been in a court-appointed receivership in Ontario since July 8, 2025, brought under section 243 of the BIA by Romspen Investment Corporation, which holds a first mortgage over the Europa properties securing a $5,460,000 loan made jointly to Europa, 2678518 Ontario Inc., Milborne Suites Inc. and 1518491 Ontario Inc. and guaranteed personally by Hunter Charles Milborne and Andrzej Kepinski. Romspen's payout statement put the balance at $5,701,413.29 as of June 15, 2025, following demands quantified at $5,605,414.87 in April 2024 and $5,632,500.48 in November 2024. On the 267 Ontario property, Romspen ranks third behind Quid Pro Capital Inc. and Celestial Property Development (East Mall) Inc., whose June 26, 2025 statement claimed $4,121,519.49 as of June 30, 2025. QPC, which sued for possession and foreclosure on February 18, 2025, consented to the receivership and is holding its own action in abeyance. Municipal tax arrears stand at $79,961.90 against the 267 property and $42,070.05 against the Europa property.
Supplementary Application Record returnable July 8, 2025 was filed. Court file CV-25-00737773-00CL.
Source: Supplementary Application Record returnable July 8, 2025
Debtor
Europa 2022 Inc.
Applicant
Romspen Investment Corporation
Receiver
Rosen Goldberg
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Conway | Ontario Superior Court of Justice | 2 orders, Jul 2025 | 310 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ApplicantRomspen Investment Corporation | Blaney McMurtry LLP | 2 Jul 2025 | Factum · 2 Jul 2025 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Romspen Investment Corporation · in 17 casesFirst mortgage registered as Instrument No. SN737230, LRO #59, dated August 4, 2022 in the amount of $5,460,000 (original registered/facility amount) over the Europa Real Properties, plus General Assignment of Rents and General Security Agreement dated August 3/4, 2022; PPSA registration — Loan (principal $5,460,000) made jointly to Europa, 267 Ontario, Milborne Suites Inc. and 1518491 Ontario Inc. as Borrowers, cross-collateralized with mortgages on multiple properties; guaranteed personally by Hunter Charles Milborne and Andrzej Kepinski (Guarantee and Postponement of Claim, plus personal GS · as of 15 Jun 2025 | $5.7M | Application record returnable July 8, 2025 |
| Secured | |||
| Secured | |||
| Secured | |||
| Secured |
4 more claims in 1 class The stack holds Secured claims.
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See all plansThis 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.
| Date | Document | File |
|---|---|---|
Motion Record of Receiver dated October 22, 2026
| PDF · Subscribers | |
Appointment Order
| PDF · Subscribers | |
Endorsement of Justice Conway dated July 8, 2025
| PDF · Subscribers | |
Affidavit of Carlton Chang dated July 7, 2025
| PDF · Subscribers | |
Supplementary Application Record returnable July 8, 2025
| PDF · Subscribers | |
Application record returnable July 8, 2025
| PDF · Subscribers | |
Factum of Applicant
| 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., “Europa 2022 Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 5 November 2026, https://proceedings.ca/case/europa-2022-inc