Proceedings.

F.A. International Inc.

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Proceeding
Receivership (court-appointed)SECTION 243(1) OF THE BANKRUPTCY AND INSOLVENCY ACT, RSC 1985, C. B-3, AS AMENDED AND SECTION 101 OF THE COURTS OF JUSTICE ACT, R.S.O. 1990, C.C.43
File
CL-25-00753626-0000
Filings held7
Last activity3 Feb 2026
On the record275 days
Secured debtSubscribers
OverviewSummary updated

F.A. International Inc. is the subject of an active court-appointed receivership brought under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Ontario Courts of Justice Act. The record before this page contains no dated steps in the proceeding.

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Case updates7 dated entries
Parties

Debtor

F.A. International Inc.

Receiver

msi Spergel inc.

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice SteeleOntario Superior Court of Justice3 orders, Feb 2026245 cases on record

Counsel of record

PartyCounselFirst seenSource
ApplicantRoyal Bank of CanadaHarrison Pensa LLP3 Feb 2026Judgement · 3 Feb 2026
CreditorRoyal Bank of CanadaHarrison Pensa LLP21 Jan 2026Application · 21 Jan 2026
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
Priority classCreditorAmountSource
SecuredRoyal Bank of Canada · in 584 casesGeneral Security Agreement dated October 4, 2023 ("GSA"); PPSA financing statement registered against Debtor's personal property. Financing consisted of Revolving Demand Facility (limit $1,750,000.00) and Credit Card Facility (limit up to $50,000.00) under Letter Agreement dated October 3, 2023, as amended March 12, 2024 and July 15, 2024 — Amount is outstanding balance of the Financing as of Nov 25, 2025, per Notice of Application; Revolving Demand Facility and Credit Card Facility figures are facility limits, not balances. Guarantee and Postponement of Claim from Adeel Aslam dated Oct 4, 202 · as of 25 Nov 2025$1.82MAide-Memoire of the Applicant dated January 6, 2026
Secured
Secured

2 more claims in 1 class The stack holds Secured 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.

Documents7 filings
DateDocumentFile
Endorsement of the Honourable Justice Steele dated February 3, 2026
  • Presiding officer Justice Steele
PDF · Subscribers
Judgement of the Honourable Justice Steele dated February 3, 2026
  • Counsel Harrison Pensa LLP
  • Presiding officer Justice Steele
PDF · Subscribers
Order of the Honourable Justice Steele dated February 3, 2026
  • Applicant ROYAL BANK OF CANADA
  • Appointee msi Spergel inc.
  • Appointee role receiver
  • Court SUPERIOR COURT OF JUSTICE
  • + 4 more extracted facts
PDF · Subscribers
Book of the Authorities of the Applicant dated January 21, 2026
  • Counsel Harrison Pensa LLP
PDF · Subscribers
Factum of the Applicant dated January 21, 2026
  • Counsel Harrison Pensa LLP
PDF · Subscribers
Application Record of the Applicant dated January 12, 2026PDF · Subscribers
Aide-Memoire of the Applicant dated January 6, 2026
  • Applicant Royal Bank of Canada
  • Appointee msi Spergel inc
  • Appointee role receiver
  • Court SUPERIOR COURT OF JUSTICE
  • + 6 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., “F.A. International Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/f-a-international-inc

Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/f-a-international-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.