Proceedings.

Lake Trading Newcastle Inc.

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Closed
Proceeding
Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
Court
Ontario Superior Court of Justice
File
CV-22-00679501-00CL
Filings held8
Last activity7 Oct 2022
On the record1,614 days
OverviewSummary updated

Lake Trading Newcastle Inc. has been the subject of a court-appointed receivership before the Ontario Superior Court of Justice (Commercial List), commenced on April 21, 2022 under Court File No. CV-22-00679501-00CL. The appointment rests on s. 243 of the Bankruptcy and Insolvency Act together with the provincial Judicature Act jurisdiction ordinarily invoked alongside it, the standard basis for a receivership over an Ontario debtor. The proceeding is now closed.

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Case updates8 dated entries
Parties

Debtor

Lake Trading Newcastle Inc.

Receiver

MNP

RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Fees and ratesAs stated in the filings

1 engagement · 1 firm — MNP Ltd., —, $11,500.00Motion Record; Returnable on October 3 2022 dated · 27 Sep 2022

FirmPeriodHoursFeesRatesSource
MNP Ltd.Receiver—62.1$11,500.00total$523.41stated averageMotion Record; Returnable on October 3 2022 dated · 27 Sep 2022
Documents8 filings
DateDocumentFile
Endorsement of Justice Osborne J.
  • Presiding officer Justice Osborne
PDF
Receiver's Discharge Order
  • Presiding officer Justice Osborne
PDF
Motion Record; Returnable on October 3 2022 dated
  • Fee schedule Engagements: Form: prose · Rows: · Money: Tax: $1.21K · Label: applicable taxes · Quote: applicable taxes in the amount of for a total of for the period March | col6: $1,212.62; col10: $11,500; col14: 2, · Total: $11.5K · Quote: applicable taxes in the amount of for a total of for the period March | col6: $1,212.62; col10: $11,500; col14: 2, · Approximate: false · Period: Kind: unstated · Approval: State: unstated · Averages: — · Currency: · Invoices: · Firm text: MNP Ltd. · Firm quote: MNP Ltd. the Court-appointed Receiver (the ' Receiver ') of Lake Trading Newcastle Inc. · Hours total: Quote: This represents a total of 62.1 hours at an average rate of $523.41per hour. · Value: 62.1 · Context quote: MNP was appointed as receiver of the present and future property, assets and undertaking of the Company.
PDF
Notice and Statement of the Receiver - Form 87 - datedPDF
Appointment Certificate datedPDF
Letter to the Service List informing about Court Hearing scheduled on April 21, 2022 datedPDF
Receivership Order of Justice Gilmore dated
  • Commencement date 21 April 2022
  • Court ONTARIO SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • Court file no CV-22-00679501-00CL
  • Presiding officer Justice Gilmore
  • + 1 more extracted fact
PDF
Application Record; Returnable on April 21 2022 datedPDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Lake Trading Newcastle Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/lake-trading-newcastle-inc

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Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/lake-trading-newcastle-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.