Proceedings.

Hillmount Capital Mortgage Holdings Inc. v Teresa Greco et al.

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Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
Court
Ontario Superior Court of Justice · Commercial List
File
CV-25-00743765-00CL
Filings held14
Last activity3 Feb 2026
On the record425 days
Secured debtSubscribers
OverviewSummary updated

Teresa Greco and the other respondents were placed in court-appointed receivership by an order of the Ontario Superior Court of Justice (In Bankruptcy and Insolvency) made Wednesday, July 23, 2025, on the application of Hillmount Capital Mortgage Holdings Inc. The proceeding, brought under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority, is carried on the Ontario commercial list under court file number CV-25-00743765-00CL. The receivership order is the only step recorded to date, and the matter remains active.

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Case updates14 dated entries

11 earlier updates, back to 23 July 2025 subscribers.

Parties

Debtor

Hillmount Capital Mortgage Holdings Inc. v Teresa Greco et al.

Receiver

Zeifmans

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice DietrichOntario Superior Court of Justice2 orders, Feb 202689 cases on record
Justice SteeleOntario Superior Court of Justice2 orders, Jul 2025220 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverZeifmansThornton Grout Finnigan LLP3 Feb 2026Order · 3 Feb 2026
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredHillmount Capital Mortgage Holdings Inc. · in 8 casesNotice under Section 71 of the Land Titles Act, registered/receipted as YR3633630 on 2023-12-22, relating to registration numbers YR3269552, YR3269553 and YR3485041 (the same Charge and prior Notice) — The Notice states 'Consideration $11,800,000.00'; the excerpted pages do not include an amending schedule for this Notice, so whether this figure represents an increased principal advance, a further amendment to the Charge, or another transaction value is not specified in the document. — debtor: Teresa Greco, Mario Greco and Lisa Volpe (as Chargor) · as of 22 Dec 2023$11.8MApplication Record Part 3 of 6

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.

Sale processAs stated in the filings

Sale approvedthe Transaction is hereby approvedApproval and Vesting Order · 3 Feb 2026

PurchaserPriceStatusSource
City Park Homes (Stouffville) Inc.all of the Respondents' right, title and interest in and to the Purchased Assets (as defined in the APS) · real property · agreement 10 Dec 2025not statedApproved3 Feb 2026Approval and Vesting Order
Closing termsVesting effective upon delivery of Receiver's Certificate to the PurchaserApproval and Vesting Order
Fees and ratesAs stated in the filings

1 engagement · 1 firmLoopstra Nixon LLP, Billing PeriodMotion Record Part 3 of 3 · 21 Jan 2026

FirmPeriodHoursFeesRatesSource
Loopstra Nixon LLPCounsel to the receiverBilling Period••••••Motion Record Part 3 of 3 · 21 Jan 2026

2 stated figures across 1 engagement, each sourced

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Documents
14 filings
DateDocumentFile
Ancillary Order
  • Counsel Thornton Grout Finnigan LLP
  • Presiding officer Justice J. Dietrich
PDF · Subscribers
Approval and Vesting Order
  • Closing terms Vesting effective upon delivery of Receiver's Certificate to the Purchaser
  • Purchaser City Park Homes (Stouffville) Inc. · all of the Respondents' right, title and interest in and to the Purchased Assets (as defined in the APS) · real property · approved
  • Sale outcome Sale approved — the Transaction is hereby approved
  • Stalking horse Subscribers
PDF · Subscribers
Commercial List Endorsement
  • Presiding officer Justice J. Dietrich
PDF · Subscribers
Motion Record Part 1 of 3PDF · Subscribers
Motion Record Part 2 of 3PDF · Subscribers
Motion Record Part 3 of 3
PDF · Subscribers
Endorsement Form
  • Presiding officer Justice Steele
PDF · Subscribers
Receivership Order
  • Applicant HILLMOUNT CAPITAL MORTGAGE HOLDINGS INC.
  • Appointee Zeifman Partners Inc.
  • Appointee role receiver
  • Commencement date 23 July 2025
  • + 5 more extracted facts
PDF · Subscribers
Application Record Part 1 of 6PDF · Subscribers
Application Record Part 2 of 6PDF · Subscribers
Application Record Part 3 of 6
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Application Record Part 4 of 6
PDF · Subscribers
Application Record Part 5 of 6PDF · Subscribers
Application Record Part 6 of 6PDF · 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 Teresa Greco et al.” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 20 September 2026, https://proceedings.ca/case/hillmount-capital-mortgage-holdings-inc-v-teresa-greco-et-al

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/hillmount-capital-mortgage-holdings-inc-v-teresa-greco-et-al

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.