Proceedings.

Mady Collier Centre Ltd.

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Active
Proceeding
CCAACompanies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
File
CV-15-10850 -00CL
Filings held74
Last activity16 Jun 2016
On the record4,252 days
OverviewSummary updated

Mady Collier Centre Ltd. is subject to proceedings under the Companies' Creditors Arrangement Act, commenced January 30, 2015, in the Ontario Superior Court of Justice (Commercial List) (court file no. CV-15-10850-00CL). Grant Thornton Limited was appointed monitor. A listing of creditors filed in the proceeding totalled $12,872,026.19, with numerous individual claims recorded at a nominal $1.00. The matter has come before Justices Hainey, McEwen, Mesbur, Newbould, Pattillo, Penny and Spence.

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Case updates70 dated entries · 4 undated

67 earlier updates, back to 30 January 2015 subscribers.

Undated filings4 — no date appears on the document · show

4 filings carry no date on their face — subscribers.

Parties

Debtor

Mady Collier Centre Ltd.

Monitor

Doane Grant Thornton

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice NewbouldOntario Superior Court of Justice8 orders, Jan 2015 – Nov 2015100 cases on record
Justice PennyOntario Superior Court of Justice4 orders, Jan 2016179 cases on record
Justice PattilloOntario Superior Court of Justice3 orders, Apr 201569 cases on record
Justice HaineyOntario Superior Court of Justice2 orders, Jun 2016196 cases on record
Justice MesburOntario Superior Court of Justice2 orders, Sep 201531 cases on record
Justice McEwenOntario Superior Court of Justice2 orders, Feb 2015134 cases on record

Counsel of record

PartyCounselFirst seenSource
MonitorDoane Grant ThorntonBlake, Cassels & Graydon LLP12 Aug 2015Order · 12 Aug 2015
DebtorMady Collier Centre Ltd.Chaitons LLP16 Jun 2016Application · 16 Jun 2016
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
UnsecuredO'Connor Electric · in 2 cases$2.03MCreditors List
99 more claims across lower-ranking classesSubscribe to view
Sale processAs stated in the filings

3 transactions · 2 approved · 1 not completedThe Secondary Sale Process resulted in the execution of the Agreement of Purchase and Sale dated as of October 26, 2015 between the Company and Fortress, approved by the Court on November 12, 2015.Monitor's Ninth Report dated June 10, 2016 · 10 Jun 2016

PurchaserPriceStatusSource
Fortress Collier Centre Ltd.Related partythe sale transaction (the "Transaction") · real property · agreement 26 Jun 2015SubscribersNot completed25 Sep 2015Monitor's Ninth Report dated June 10, 2016
Fortress Collier Centre Ltd.the Applicant's right, title and interest in and to the "Purchased Assets" · real property · agreement 26 Oct 2015not statedApproved12 Aug 2015Approval and Vesting Order dated August 12, 2015
Fortress Collier Centre Ltd.the sale transaction (the "Transaction") contemplated by an agreement of purchase and sale · asset sale · agreement 26 Oct 2015not statedApproved12 Nov 2015Ancillary Order to the Approval and Vesting…
AdvisorsColliers (listing broker)Monitor's Ninth Report dated June 10, 2016
Closing termsVesting effective upon delivery of Monitor's Certificate confirming payment of purchase price and satisfaction of closing conditionsApproval and Vesting Order
Sealed materialsConfidential Appendix 1 to the Third Report; Confidential Appendices 1 and 2 to the Fourth Report; Confidential Appendix 1 to the Seventh ReportOrder of Justice Pattillo (Stay - Sale_Process - Fee_Approval) dated…
RecoveriesAs stated in the filings

Secured creditors: no distribution. Derek Sorrenti no distribution · LBC short · Olympia Trust no distribution.Monitor's Ninth Report · 10 Jun 2016

ClassCreditorClaimsRecoveryBasisSource
SecuredLien Claimantsno distributionconditionalper the monitorMonitor's Ninth Report · 10 Jun 2016
SecuredDerek Sorrentino distributionEstimatedper the monitorMonitor's Seventh Report dated November 5, 2015 including Appendix 1 & 2 · 5 Nov 2015
SecuredLBCshortfallEstimatedper the monitorNotice of Motion · 16 Jun 2016
SecuredOlympia Trustno distributionEstimatedper the monitorMonitor's Seventh Report dated November 5, 2015 including Appendix 1 & 2 · 5 Nov 2015

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.

Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Professional fees to date

$53.8K

As at 10 Jun 2016Monitor's Ninth Report dated June 10, 2016

Documents
74 filings
DateDocumentFile
Endorsement of Justice Hainey dated June 16, 2016
  • Presiding officer Justice Hainey
PDF · Subscribers
Notice of Motion Returnable June 16, 2016
  • Counsel Chaitons LLP
  • Recovery outcome Entries: per estimated; per estimated · Table missing:
PDF · Subscribers
Order of Justice Hainey dated June 16, 2016
  • Presiding officer Justice Hainey
PDF · Subscribers
Monitor's Ninth Report dated June 10, 2016
  • Closing confirmed Did not complete · 25 Sep 2015 · Fortress
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 9 more extracted facts
PDF · Subscribers
Book of Authorities Returnable January 29, 2016PDF · Subscribers
Endorsement of Justice Penny dated January 29, 2016
  • Presiding officer Justice Penny
PDF · Subscribers
Order of Justice Penny dated January 29, 2016
  • Presiding officer Justice Penny
PDF · Subscribers
Amended Notice of Motion dated January 21, 2016PDF · Subscribers
Final Application Factum including SchedulesPDF · Subscribers
Endorsement of Justice Penny dated January 14, 2016
  • Presiding officer Justice Penny
PDF · Subscribers
Notice of Motion Returnable January 14, 2016
  • Recovery outcome Entries: per estimated; per estimated; per estimated; per estimated · Table missing:
PDF · Subscribers
Order of Justice Penny dated January 14, 2016
  • Presiding officer Justice Penny
PDF · Subscribers
Monitor's Eighth Report dated January 12, 2016PDF · Subscribers
Motion Record dated December 23, 2015PDF · Subscribers
Service List at December 10, 2015PDF · Subscribers
Ancillary Order to the Approval and Vesting Order dated November 12, 2015
  • Purchaser Fortress Collier Centre Ltd. · the sale transaction (the "Transaction") contemplated by an agreement of purchase and sale · asset sale · approved
  • Sealed items Confidential Appendix 1 to the Seventh Report
  • Stalking horse Subscribers
PDF · Subscribers
Approval and Vesting Order
  • Closing terms Vesting effective upon delivery of Monitor's Certificate confirming payment of purchase price and satisfaction of closing conditions
  • Order date 12 November 2015
  • Purchaser Fortress Collier Centre Ltd. · the Applicant's right, title and interest in and to the "Purchased Assets" · asset sale · approved
  • Sale outcome Sale approved — Sale transaction approved and vesting order granted
  • + 1 more extracted fact
PDF · Subscribers
Book of Authorities of Laurentian Bank of Canada November 12, 2015PDF · Subscribers
Endorsement of Justice Newbould dated November 12, 2015
  • Presiding officer Justice Newbould
PDF · Subscribers
Factum of Laurentian Bank of Canada dated November 12, 2015PDF · Subscribers
Motion Record re: Stay Extension, Approval and Vesting Order and Ancillary Order, Returnable November 12, 2015PDF · Subscribers
Order of Justice Newbould dated November 12, 2015 re: Increase DIP Financing and Authorize Close-in Work
  • Presiding officer Justice Newbould
PDF · Subscribers
Supplementary Report to the Monitor's Seventh Report dated November 11, 2015
PDF · Subscribers
Factum of Grant Thornton Limited dated November 10, 2015
  • Counsel Blake, Cassels & Graydon LLP
PDF · Subscribers
Monitor's Seventh Report dated November 5, 2015 including Appendix 1 & 2
  • Recovery outcome Entries: per estimated; per estimated; per estimated · Stated on: 2015-11-05 · Table missing:
PDF · Subscribers
Endorsement of Justice Newbould dated October 29, 2015
  • Presiding officer Justice Newbould
PDF · Subscribers
Notice of Motion re: Stay Extension, Returnable October 29, 2015PDF · Subscribers
Order of Justice Newbould dated October 29, 2015
  • Presiding officer Justice Newbould
PDF · Subscribers
Appendices 3-7
PDF · Subscribers
Monitor's Sixth Report dated October 23, 2015PDF · Subscribers
Applicant’s Motion Record for the motion returnable September 28, 2015PDF · Subscribers
Endorsement of Justice Mesbur dated September 28, 2015
  • Presiding officer Justice Mesbur
PDF · Subscribers
Order of Justice Mesbur dated September 28, 2015
  • Presiding officer Justice Mesbur
PDF · Subscribers
Supplementary Report to the Monitor's Fifth Report dated September 27, 2015PDF · Subscribers
Monitor's Fifth Report dated September 22, 2015
  • Purchaser Fortress Collier Centre Ltd. (related party) · the Project · asset sale · approved
  • Sale advisor Colliers International (listing broker)
  • Sale outcome Approval pending — Transaction approved but not yet closed; financing negotiations ongoing with Closing Date extended
  • Stalking horse Subscribers
PDF · Subscribers
Ancillary Order dated August 12, 2015
  • Closing terms Distribution of Holdback Amount, Administration Charge Amount, Directors' Charge Amount, and Laurentian Bank/DIP Lender's Amount upon Closing
  • Counsel Blake, Cassels & Graydon LLP
  • Presiding officer Justice Newbould
  • Purchaser Fortress Collier Centre Ltd. · the sale transaction (the "Transaction") · asset sale · approved
  • + 2 more extracted facts
PDF · Subscribers
Approval and Vesting Order dated August 12, 2015
  • Purchaser purchaser name replaced by OCR-garbled/template text in operative and recital paragraphs; not stated · the Applicant's right, title and interest in and to the "Purchased Assets" · asset sale · approved
  • Sale outcome Sale approved — sale approved and vesting order granted
  • Stalking horse Subscribers
PDF · Subscribers
Handwritten Endorsement of the Honourable Justice Newbould dated August 12, 2015
  • Presiding officer Justice Newbould
PDF · Subscribers
Unofficial Transcription of the Endorsement of the Honourable Justice Newbould dated August 12,
  • Presiding officer Justice Newbould
PDF · Subscribers
Supplementary Factum of Grant Thornton Limited dated August 10, 2015PDF · Subscribers
Applicants Motion Record for Motion Returnable July 30, 2015PDF · Subscribers
Endorsement of the Honourable Mr. Justice Spence dated July 30, 2015
  • Presiding officer Justice Spence
PDF · Subscribers
Motion Record Returnable July 30, 2015PDF · Subscribers
Factum of Grant Thornton Limited dated July 29, 2015PDF · Subscribers
Supplementary Report to the Monitor's Fourth Report dated July 29, 2015
  • Purchaser Fortress · the Project · asset sale · proposed
  • Sale outcome Approval pending — Monitor requests approval of relief in Notice of Motion and draft Orders
  • Stalking horse Subscribers
PDF · Subscribers
Monitor's Fourth Report dated July 17, 2015 (including Appendices 1-8)
  • Process results 8 bids · as of 17 Jun 2015
  • Purchaser Fortress Collier Centre Ltd. (related party) · the Project · asset sale · proposed
  • Sale advisor Colliers International (listing broker)
  • Sale outcome Approval pending — The Monitor recommends that the Fortress Agreement be approved by this Court
  • + 1 more extracted fact
PDF · Subscribers
Appendices 5-12PDF · Subscribers
Endorsements of Justice Pattillo dated April 8, 2015
  • Presiding officer Justice Pattillo
PDF · Subscribers
Motion Record returnable April 8, 2015PDF · Subscribers
Notice of Motion returnable April 8, 2015PDF · Subscribers
Order of Justice Pattillo (DIP Increase) dated April 8, 2015
  • Presiding officer Justice Pattillo
PDF · Subscribers
Order of Justice Pattillo (Stay - Sale_Process - Fee_Approval) dated April 8, 2015
  • Order date 8 April 2015
  • Presiding officer Justice Pattillo
  • Sale advisor Colliers International (listing broker)
  • Sale outcome Marketed — listing the Project for sale and conducting a sale process under the supervision of the Monitor
  • + 2 more extracted facts
PDF · Subscribers
Supplementary Report to the Monitor's Third Report dated April 8, 2015
  • Sale advisor Colliers International (listing broker)
  • Sale outcome Sale process approved — The Sales Process for the Project is proceeding, with the Monitor negotiating Colliers' engagement and commission structure, and the Project to be listed on an unpriced basis.
  • Stalking horse Subscribers
PDF · Subscribers
Applicant’s Motion Record for the motion returnable March 27, 2015PDF · Subscribers
Endorsement of the Honourable Mr. Pattillo’s dated March 27, 2015PDF · Subscribers
Monitor's Third Report dated March 24, 2015
  • Recovery outcome Entries: per unstated · Table missing:
PDF · Subscribers
Monitor's Second Report dated March 10, 2015PDF · Subscribers
Brief of Authorities of the Applicant for its motion returnable on February 9, 2015PDF · Subscribers
Court Order of Justice McEwen dated February 9, 2015
  • Presiding officer Justice McEwen
PDF · Subscribers
Endorsement of Justice McEwen dated February 9, 2015
  • Presiding officer Justice McEwen
PDF · Subscribers
Factum of the Applicant Returnable February 9, 2015PDF · Subscribers
Amended and Restated Initial Order - dated January 30, 2015PDF · Subscribers
Appendices 1-12PDF · Subscribers
Appendices 1-4
  • Applicant Mady Collier Centre Ltd.
  • Appointee Grant Thornton Limited
  • Appointee role Monitor
  • Commencement date 30 January 2015
  • + 3 more extracted facts
PDF · Subscribers
Application Record of the Applicant dated January 30, 2015 (Volume 1)PDF · Subscribers
Application Record of the Applicant dated January 30, 2015 (Volume 2)PDF · Subscribers
Endorsement of Justice Newbould dated January 30, 2015
  • Presiding officer Justice Newbould
PDF · Subscribers
Factum of the Applicant Returnable January 30, 2015PDF · Subscribers
Initial Order dated January 30, 2015PDF · Subscribers
Proposed Monitor's First Report dated January 29, 2015PDF · Subscribers
Appendices 9-21 Monitor's Fourth ReportPDF · Subscribers
Creditors List
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Email Service ListPDF · Subscribers
Responding Factum & Compendium of Nekison Engineering & Contractors Ltd.
  • Court SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • Court file no CV-15-10850 -00CL
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., “Mady Collier Centre Ltd.” (CCAA), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/mady-collier-centre-ltd

Sources last checked · summary updated 6 September 2026 · Report a correction · Printed from proceedings.ca/case/mady-collier-centre-ltd

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.