Lawrence Ophthalmic Lab inc. et al.
- Proceeding
- CCAACompanies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
- File
- CV-25-00743383-00CL
- Industry
- Retail · Health & beauty retail
Lawrence Ophthalmic Lab inc. is the subject of insolvency proceedings commenced 15 May 2025 in the Ontario Superior Court of Justice, court file CV-25-00743383-00CL, which remain active. The record before the court includes a preliminary list of creditors as at May 15, 2025, submitted by the debtor without admission as to liability and naming Hakim Optical Laboratory Limited as the obligor. It shows a secured claim of CAD 16,316,927.94 in favour of 1001112855 Ontario Inc. The largest unsecured claims listed are Oxford In Trust For Square One at CAD 1,015,714.99, Invahoe Cambridge II Inc. at CAD 560,052.26, Cushman & Wakefield Asset Services (Mic Mac Mall Limited Partnership) at CAD 538,378.53, Ivanhoe Cambridge Inc. at CAD 538,323.92 and Kingsway Garden Holdings Inc. at CAD 510,241.49. Armel Corporation appears twice, at CAD 335,834.94 and CAD 81,652.09.
1. 9211128 Canada - HOLL - 31-3382891 - Certificate of Appointment dated June 5, 2026 — Court officer certificate
9223142 Canada - (LOLI) - 31-3382884 - Certificate of Appointment dated June 5, 2026 — Court officer certificate
HOWL - 31-3382875 - Certificate of Appointment dated June 5, 2026 — Court officer certificate
A second order of that date was granted, with Schedule "B2" to the Sale Agreement sealed as filed in confidential form.
Order granted the same day as the approval and vesting order; the record does not identify its terms.
The officer filed report no. Second Supplement to the Fifth Report.
Source: Second Supplement to the Fifth Report of the Monitor dated November 17, 2025
Reported on SISP due diligence facilitation, landlord outreach, an employee vacation notice process, the Updated Cash Flow Forecast, and preparations for closing the Stalking Horse Transaction.
Source: Second Supplement to the Fifth Report of the Monitor dated November 17, 2025
Summarized a transition services agreement among the applicants, the Monitor and the Purchasers, and recommended approval of the TSA and enhanced Monitor powers on closing.
Source: Supplement to the Fifth Report of the Monitor dated November 17, 2025
Reported Monitor's fees of $209,312.25 and Chaitons' fees of $28,935 for August 1 to October 31, 2025, each excluding disbursements and HST.
Motion Record of the Applicants dated November 11, 2025 — Application / notice of application
Report filed following the October 3 bid deadline, attaching Schedule "B2" to the Sale Agreement as a confidential appendix.
SISP Approval Order approved the sale and investment solicitation process for the applicants' business and assets.
Reported the Monitor's fees of $191,178.25 and Chaitons' fees of $43,695.00 to July 31, 2025, each excluding disbursements and HST.
A further order was made; the record does not disclose what relief the Court granted on this date.
Source: Stay Extension and DIP Amendment Order dated August 8, 2025
The Court granted a further order in the proceeding; the record does not identify the relief it contained.
Reported negotiation of the Stalking Horse APA, and the Monitor's daily monitoring of receipts and disbursements, assistance with DIP advance requests and review of the Updated Cash Flow Forecast.
Source: Supplement to the First Report of the Monitor dated July 8, 2025
The stay of proceedings was extended to 2025-07-14.
Source: Amended and Restated Initial Order dated June 27, 2025
Initial order commenced the CCAA proceeding, stayed proceedings to June 30, 2025, appointed KSV Restructuring Inc. as Monitor and granted the Administration and DIP Lender's Charges.
Motion Record of the Applicants dated May 8, 2025 (Vol 1) — Application / notice of application
Motion Record of the Applicants dated May 8, 2025 (Vol 2) — Application / notice of application
Motion Record of the Applicants dated May 8, 2025 (Vol 3) — Application / notice of application
Notice to Creditors dated April 23, 2025 - Lawrence Ophthalmic Lab Inc. — Notice to creditors
Certificate for the Notice of Intention dated April 22, 2025 - Lawrence Ophthalmic Lab Inc. — NOI certificate of filing
Notice to Creditors dated April 21, 2025 - Hakim Optical Laboratory Limited — Notice to creditors
Certificate for the Notice of Intention dated April 16, 2025 - Hakim Optical Laboratory Limited — NOI certificate of filing
Debtor
Hakim Optical Laboratory Limited et al.
Debtor
Lawrence Ophthalmic Lab inc.
Monitor
KSV
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Black | Ontario Superior Court of Justice | 11 orders, Jun 2025 – May 2026 | 198 cases on record |
| Justice Dietrich | Ontario Superior Court of Justice | 4 orders, Aug 2025 | 132 cases on record |
| Justice Kimmel | Ontario Superior Court of Justice | 4 orders, May 2025 | 198 cases on record |
| Justice Myers | Ontario Superior Court of Justice | 2 orders, Nov 2025 | 117 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorKSV | Chaitons LLP | 2 Dec 2025 | Service list · 2 Dec 2025 |
| Monitor | Chaitons LLP | 2 Dec 2025 | Service list · 2 Dec 2025 |
| ApplicantLawrence Ophthalmic Lab inc. et al. | Bennett Jones LLP | 15 May 2025 | Order · 14 Jul 2025 |
| DebtorHakim Optical Laboratory Limited et al. | Bennett Jones LLP | 15 May 2025 | Order · 15 May 2025 |
| DebtorLawrence Ophthalmic Lab inc. | Bennett Jones LLP | 15 May 2025 | Order · 15 May 2025 |
| Creditor1383266 ONTARIO LIMITED Phuong Pham | Ggfi Law LLP | 2 Dec 2025 | Service list · 2 Dec 2025 |
| CreditorAlbadry Holdings Inc | Forum Law LLP | 2 Dec 2025 | Service list · 2 Dec 2025 |
| CreditorAmville Developments Inc | Kevin P. Von Bargen, Barrister and Solicitor | 2 Dec 2025 | Service list · 2 Dec 2025 |
| CreditorAu Ngan Leng Lo (Store #73) | Pallett Valo LLP | 2 Dec 2025 | Service list · 2 Dec 2025 |
| CreditorCadillac Fairview Corporation Limited (Store #218) | Torys LLP | 2 Dec 2025 | Service list · 2 Dec 2025 |
| CreditorChiaro Ottico Ltd., 1001410357 Ontario Ltd | Loopstra Nixon LLP | 3 Mar 2026 | Factum · 3 Mar 2026 |
| CreditorFima Development | Dickinson Wright LLP | 2 Dec 2025 | Service list · 2 Dec 2025 |
| CreditorFinchdale Plaza Ltd | Daoust Vukovich LLP | 2 Dec 2025 | Service list · 2 Dec 2025 |
| CreditorFlamborough South Centre Inc | Whelton Hiutin LLP | 2 Dec 2025 | Service list · 2 Dec 2025 |
| CreditorFormer Employee Signs Maker Inc | Lee Legal Pc | 2 Dec 2025 | Service list · 2 Dec 2025 |
| CreditorHammer LP (Store #14) | Cassels Brock & Blackwell LLP | 2 Dec 2025 | Service list · 2 Dec 2025 |
| CreditorHOOPP Realty Inc | Berkow Youd Lev-Farrell Das LLP | 2 Dec 2025 | Service list · 2 Dec 2025 |
| CreditorInterested Third | Davies Ward Phillips & Vineberg LLP | 2 Dec 2025 | Service list · 2 Dec 2025 |
| CreditorKreta Holdings Ltd | Kennedy Agrios Oshry Law | 2 Dec 2025 | Service list · 2 Dec 2025 |
| CreditorLandlord | Dickinson Wright LLP | 27 Feb 2026 | Factum · 27 Feb 2026 |
| CreditorLandlord (Store #158) | Miller Thomson LLP | 2 Dec 2025 | Service list · 2 Dec 2025 |
| CreditorLanterra Commercial Holdings Inc | Dentons Canada LLP | 2 Dec 2025 | Service list · 2 Dec 2025 |
| CreditorMarket Mall Leaseholds Inc | Carbert Waite LLP | 2 Dec 2025 | Service list · 2 Dec 2025 |
| CreditorNewcomer Women's Services Toronto | Reeves Richarz LLP | 2 Dec 2025 | Service list · 2 Dec 2025 |
| CreditorOshawa Centre Holdings Inc | Tyr Law LLP | 2 Dec 2025 | Service list · 2 Dec 2025 |
| CreditorParadise Lifetime Rogers Inc | Gardiner Roberts LLP | 2 Dec 2025 | Service list · 2 Dec 2025 |
| CreditorRichmond Hyland Centre Inc | S. Gallagher Law | 2 Dec 2025 | Service list · 2 Dec 2025 |
| CreditorSalthill Property Management Inc | Camelino Galessiere LLP | 2 Dec 2025 | Service list · 2 Dec 2025 |
| CreditorStone Road Mall Holdings Inc | Berkow Youd Lev-Farrell Das LLP | 2 Dec 2025 | Service list · 2 Dec 2025 |
| CreditorSupreme Capital Inc | Field Law | 2 Dec 2025 | Service list · 2 Dec 2025 |
| CreditorTopostar Yorkville Inc | Ormston List Frawley LLP | 2 Dec 2025 | Service list · 2 Dec 2025 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| Court-ordered charges | ||||
| 1 | Court-ordered charges | DIP Lender's Charge — Second – DIP Lender's Charge (to the maximum amount of $2,800,000, plus accrued and unpaid interest, fees and expenses in accordance with the DIP Agreement) | $2.8M | CCAA Initial Order dated May 15, 2025 |
| 1 | Court-ordered charges | |||
| 1 | Court-ordered charges | |||
| Pre-filing debt | ||||
| 4 | Secured | |||
| 5 | PMSI / lessors | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
248 more claims in 4 classes The stack holds Court-ordered charges, Secured, PMSI / lessors and Unsecured claims.
Every creditor and every amount, drawn to scale.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plans| Purchaser | Price | Status | Source |
|---|---|---|---|
| Chiaro Ottico Ltd. ("Chiaro"), 1001410357 Ontario Ltd. ("LabCo"), and 1001410360 Ontario Ltd. ("StoreCo") | not stated | Proposed | Approval and Vesting Order dated November 18,… |
Unsecured creditors: no distribution.FinalReport on Preliminary Administration · 24 Jun 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | subsequent ranking creditors | — | no distribution | Finalper the monitor | Report on Preliminary Administration · 24 Jun 2026 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
3 engagements · 2 firms — latest: KSV Restructuring Inc., 1 Apr – 31 Jul 2025Third Report of the Monitor · 25 Aug 2025
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Chaitons LLPCounsel to the monitor | — | — | — | Third Report of the Monitor · 25 Aug 2025 | |
| KSV Restructuring Inc.Monitorperiod 2 of 2 | 1 Apr – 31 Jul 2025 | — | — | Third Report of the Monitor · 25 Aug 2025 | |
| KSV Restructuring Inc.Proposal trusteeperiod 1 of 2 | 1 Apr – 30 Apr 2025 | — | — | First Report of the Proposal Trustee · 9 May 2025 |
3 blurred figures above
What each firm billed — each as the filing states it, with its source.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansAs at ·
Cumulative receipts
$3.15M
As at 14 Nov 2025Fifth Report of the Monitor dated November 14, 2025
Cash on hand
As at
Professional fees
As at
2 more reported figures, and the total the debtor stated at filing
Each one as the filing states it, with its source.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plans| Date | Document | File |
|---|---|---|
Report on Preliminary Administration dated June 24, 2026
| PDF · Subscribers | |
| Notice to Creditors dated June 9, 2026 | PDF · Subscribers | |
1. 9211128 Canada - HOLL - 31-3382891 - Certificate of Appointment dated June 5, 2026
| PDF · Subscribers | |
| 9223142 Canada - (LOLI) - 31-3382884 - Certificate of Appointment dated June 5, 2026 | PDF · Subscribers | |
| HOWL - 31-3382875 - Certificate of Appointment dated June 5, 2026 | PDF · Subscribers | |
| Monitor's Termination Certificate dated May 29, 2026 | PDF · Subscribers | |
| Aide Memoire of the Landlord for Case Conference on May 22, 2026 | PDF · Subscribers | |
Endorsement of Justice Black dated May 22, 2026
| PDF · Subscribers | |
| Aide Memoire of the Purchasers dated May 21, 2026 | PDF · Subscribers | |
Endorsement of Justice Black dated March 27, 2026
| PDF · Subscribers | |
Endorsement of Justice Black dated March 4, 2026
| PDF · Subscribers | |
Aide Memoire of the Purchasers dated March 3, 2026
| PDF · Subscribers | |
| Aide Memoire of the Monitor dated March 2, 2026 | PDF · Subscribers | |
Aide Memoire of Mantella Sons dated February 27, 2026
| PDF · Subscribers | |
| Monitor's Certificate dated December 2, 2025 | PDF · Subscribers | |
Service List as at December 2, 2025
| PDF · Subscribers | |
Approval and Vesting Order dated November 18, 2025
| PDF · Subscribers | |
CCAA Termination Order dated November 18, 2025
| PDF · Subscribers | |
Court Order dated November 18, 2025
| PDF · Subscribers | |
Endorsement of Justice Black dated November 18, 2025
| PDF · Subscribers | |
| Factum of the Applicants dated November 17, 2025 | PDF · Subscribers | |
Second Supplement to the Fifth Report of the Monitor dated November 17, 2025
| PDF · Subscribers | |
Supplement to the Fifth Report of the Monitor dated November 17, 2025
| PDF · Subscribers | |
Fifth Report of the Monitor dated November 14, 2025
| PDF · Subscribers | |
| Motion Record of the Applicants dated November 11, 2025 | PDF · Subscribers | |
Court Order dated November 4, 2025
| PDF · Subscribers | |
Endorsement of Justice Myers dated November 4, 2025
| PDF · Subscribers | |
Fourth Report of the Monitor dated October 29, 2025
| PDF · Subscribers | |
| Motion Record of the Applicants dated October 28, 2025 | PDF · Subscribers | |
SISP Process Letter dated September 3, 2025
| PDF · Subscribers | |
Endorsement of Justice Dietrich dated August 28, 2025
| PDF · Subscribers | |
SISP Approval Order dated August 28, 2025
| PDF · Subscribers | |
| Factum of the Applicants dated August 25, 2025 | PDF · Subscribers | |
Third Report of the Monitor dated August 25, 2025
| PDF · Subscribers | |
| Motion Record of the Applicants dated August 21, 2025 | PDF · Subscribers | |
Endorsement of Justice J. Dietrich dated August 8, 2025
| PDF · Subscribers | |
Stay Extension and DIP Amendment Order dated August 8, 2025
| PDF · Subscribers | |
| Factum of the Applicants dated August 6, 2025 | PDF · Subscribers | |
Second Report of the Monitor dated August 6, 2025
| PDF · Subscribers | |
| Motion Record of the Applicants dated August 5, 2025 | PDF · Subscribers | |
Endorsement of Justice Black dated July 14, 2025
| PDF · Subscribers | |
Stay Extension Order dated July 14, 2025
| PDF · Subscribers | |
| Factum of the Applicants dated July 10, 2025 | PDF · Subscribers | |
| Motion Record of the Applicants dated July 8, 2025 | PDF · Subscribers | |
Supplement to the First Report of the Monitor dated July 8, 2025
| PDF · Subscribers | |
Amended and Restated Initial Order dated June 27, 2025
| PDF · Subscribers | |
Endorsement of Justice Black dated June 27, 2025
| PDF · Subscribers | |
| Factum of the Applicants dated June 24, 2025 | PDF · Subscribers | |
First Report of the Monitor dated June 24, 2025
| PDF · Subscribers | |
| Motion Record of the Applicant dated June 23, 2025 | PDF · Subscribers | |
| CCAA Notice to Creditors dated May 20, 2025 | PDF · Subscribers | |
CCAA Initial Order dated May 15, 2025
| PDF · Subscribers | |
Endorsement of Justice Kimmel dated May 15, 2025
| PDF · Subscribers | |
Hakim Optical - NOI Termination Order dated May 15, 2025
| PDF · Subscribers | |
Hakim Optical Laboratory Limited - List of Creditors
| PDF · Subscribers | |
| Lawrence Ophthalmic Lab Inc. - List of Creditors | PDF · Subscribers | |
Lawrence Ophthalmic Lab Inc. - NOI Termination Order dated May 15, 2025
| PDF · Subscribers | |
| Teaser | PDF · Subscribers | |
Affidavit of Linda Fraser-Richardson Sworn May 14, 2025
| PDF · Subscribers | |
| Factum of the Applicants dated May 13, 2025 | PDF · Subscribers | |
Pre-Filing Report of the Proposed Monitor dated May 9, 2025
| PDF · Subscribers | |
Motion Record of the Applicants dated May 8, 2025 (Vol 1)
| PDF · Subscribers | |
Motion Record of the Applicants dated May 8, 2025 (Vol 2)
| PDF · Subscribers | |
Motion Record of the Applicants dated May 8, 2025 (Vol 3)
| PDF · Subscribers | |
| Notice to Creditors dated April 23, 2025 - Lawrence Ophthalmic Lab Inc. | PDF · Subscribers | |
| Certificate for the Notice of Intention dated April 22, 2025 - Lawrence Ophthalmic Lab Inc. | PDF · Subscribers | |
| Notice to Creditors dated April 21, 2025 - Hakim Optical Laboratory Limited | PDF · Subscribers | |
| Certificate for the Notice of Intention dated April 16, 2025 - Hakim Optical Laboratory Limited | PDF · Subscribers | |
| Non-Disclosure Agreement | PDF · Subscribers | |
SISP
| 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., “Lawrence Ophthalmic Lab inc. et al.” (CCAA), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/lawrence-ophthalmic-lab-inc