#Order
The court appointed The Fuller Landau Group Inc. as receiver and manager, on the application of Caisse Desjardins Ontario Credit Union Inc.. Court file CL-26-00000030-0000.
Lawrence Towers LP
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- Proceeding
- Receivership (court-appointed)SECTION 243(1) OF THE BANKRUPTCY AND INSOLVENCY ACT, R.S.C. 1985, c. B-3, AS AMENDED; AND SECTION 101 OF THE COURTS OF JUSTICE ACT, R.S.O. 1990, c. C.43, AS AMENDED
- File
- CL-26-00000030-0000
OverviewSummary updated
Lawrence Towers LP was placed in court-appointed receivership on 19 February 2026, when the Ontario Superior Court of Justice appointed The Fuller Landau Group Inc. as receiver and manager under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act, on the application of the Caisse Desjardins Ontario Credit Union Inc. The credit union is owed $8,891,458.35, an amount stated inclusive of interest accrued to 21 January 2026, secured against the partnership and supported by personal and corporate guarantees.
Proceedings AIAsk this case — answers cite the filings
Case updates3 dated entries
Parties
Debtor
Lawrence Towers LP
Receiver
Fuller Landau
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Caisse Desjardins Ontario Credit Union Inc. · in 22 casesCollateral charge/mortgage registered July 27, 2023 on 1088 Progress Avenue lands; general assignment of rents and leases registered July 27, 2023; general security agreement (GSA) of the Borrower dated July 26, 2023; GSA of 259 dated July 26, 2023; joint and several guarantee and postponement of claims dated July 26, 2023 from 259, 1877725 Alberta Ltd., and Satpreet Thiara. Registered continuing first collateral mortgage charge in the amount of $10,000,000 (registered principal ceiling, not a balance). Facility limit of the underlying loan was $8,500,000 demand interim non-revolving land loan · as of 21 Jan 2026 | $8.89M | Application Record |
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.
Documents2 filings
| Date | Document | File |
|---|---|---|
Appointment Order dated February 19, 2026
| PDF · Subscribers | |
Application Record
| 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 Towers LP” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/lawrence-towers-lp