Hillmount Capital Mortgage Holdings Inc. v. Lulu Holdings Inc. et al
Follow- Proceeding
- Receivership (court-appointed)SECTION 243(1) OF THE BANKRUPTCY AND INSOLVENCY ACT, R.S.C. 1985, C. B-3, AS AMENDED; SECTION 101 OF THE COURTS OF JUSTICE ACT, R.S.O. 1990, C. C.43, AS AMENDED
- File
- CL-26-00000151-0000
Lulu Holdings Inc. is the subject of a bankruptcy proceeding brought by Hillmount Capital Mortgage Holdings Inc. under the Bankruptcy and Insolvency Act in the Ontario Superior Court of Justice, sitting in bankruptcy and insolvency, under court file CV-26-00000151-0000. The proceeding was commenced on April 24, 2026, against Lulu Holdings Inc. and other named respondents, and an interim order was granted the same day. The matter remains active, and the record to date reflects no further steps beyond that first-day order.
Court granted an interim order on the day Hillmount Capital Mortgage Holdings Inc. commenced the proceeding against Lulu Holdings Inc. and the other respondents.
Source: Court Order
Debtor
Hillmount Capital Mortgage Holdings Inc. v. Lulu Holdings Inc. et al
Receiver
Zeifmans
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Hillmount Capital Mortgage Holdings Inc. · in 8 casesFirst mortgage registered March 28, 2024 as instrument number YR3661096 against 1015, 1025 and 1029 Davis Drive, Newmarket, Ontario — Judgment sum plus interest from March 1, 2026 at greater of 8.99% p.a. or RBC prime + 3.25% p.a. until payment; also bears same interest rate on the court order itself from April 24, 2026. — debtor: Lulu Holdings Inc. and Sanaz Sharifi, Estate Trustee of Shirali Kianian Bigdeli · as of 1 Mar 2026 | $4.13M | Court Order |
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.
| Date | Document | File |
|---|---|---|
Court Order
| PDF · Subscribers | |
Endorsement
| 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., “Hillmount Capital Mortgage Holdings Inc. v. Lulu Holdings Inc. et al” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/hillmount-capital-mortgage-holdings-inc-v-lulu-holdings-inc-et-al