Mady Collier Centre Ltd.
- Proceeding
- CCAACompanies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
- File
- CV-15-10850 -00CL
- Industry
- Real estate · Residential development
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.
The court granted an approval and vesting order for the sale to Fortress Collier Centre Ltd. Sealed: Confidential Appendix 1 to the Seventh Report.
Source: Ancillary Order to the Approval and Vesting Order dated November 12, 2015
The court granted an approval and vesting order for the sale to Fortress Collier Centre Ltd. Closing terms, as extracted: Vesting effective upon delivery of Monitor's Certificate confirming payment of purchase price and satisfaction of closing conditions.
Source: Approval and Vesting Order
Supplementary Report to the Monitor's Seventh Report dated November 11, 2015 — Court officer report
Monitor's Seventh Report dated November 5, 2015 including Appendix 1 & 2 — Court officer report
Motion Record re: Stay Extension, Approval and Vesting Order and Ancillary Order, Returnable November 12, 2015 — Application / notice of application
Notice of Motion re: Stay Extension, Returnable October 29, 2015 — Application / notice of application
Supplementary Report to the Monitor's Fifth Report dated September 27, 2015 — Court officer report
Applicant’s Motion Record for the motion returnable September 28, 2015 — Application / notice of application
The court granted an approval and vesting order for the sale to the Applicant's right, title and interest in and to the "Purchased Assets". Closing terms, as extracted: vesting occurs upon delivery of a Monitor's Certificate confirming payment, satisfaction of closing conditions, and completion of the Transaction.
Handwritten Endorsement of the Honourable Justice Newbould dated August 12, 2015 — Endorsement / reasons
Unofficial Transcription of the Endorsement of the Honourable Justice Newbould dated August 12, — Endorsement / reasons
Supplementary Report to the Monitor's Fourth Report dated July 29, 2015 — Court officer report
Applicants Motion Record for Motion Returnable July 30, 2015 — Application / notice of application
Monitor's Fourth Report dated July 17, 2015 (including Appendices 1-8) — Court officer report
Order of Justice Pattillo (Stay - Sale_Process - Fee_Approval) dated April 8, 2015 was filed.
Source: Order of Justice Pattillo (Stay - Sale_Process - Fee_Approval) dated April 8, 2015
Supplementary Report to the Monitor's Third Report dated April 8, 2015 — Court officer report
Applicant’s Motion Record for the motion returnable March 27, 2015 — Application / notice of application
The court granted an Initial Order in the CCAA proceeding on January 30, 2015.
Source: Appendices 1-4
Amended and Restated Initial Order - dated January 30, 2015 — Amended and restated initial order
Application Record of the Applicant dated January 30, 2015 (Volume 1) — Application / notice of application
Application Record of the Applicant dated January 30, 2015 (Volume 2) — Application / notice of application
Undated filings4 — no date appears on the document · show
Responding Factum & Compendium of Nekison Engineering & Contractors Ltd. — Application filed
Debtor
Mady Collier Centre Ltd.
Monitor
Doane Grant Thornton
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Newbould | Ontario Superior Court of Justice | 12 orders, Jan 2015 – Nov 2015 | 111 cases on record |
| Justice Penny | Ontario Superior Court of Justice | 4 orders, Jan 2016 | 196 cases on record |
| Justice Pattillo | Ontario Superior Court of Justice | 3 orders, Apr 2015 | 75 cases on record |
| Justice Hainey | Ontario Superior Court of Justice | 2 orders, Jun 2016 | 211 cases on record |
| Justice Mesbur | Ontario Superior Court of Justice | 2 orders, Sep 2015 | 34 cases on record |
| Justice McEwen | Ontario Superior Court of Justice | 2 orders, Feb 2015 | 143 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorDoane Grant Thornton | Blake, Cassels & Graydon LLP | 12 Aug 2015 | Order · 12 Aug 2015 |
| ApplicantMady Collier Centre Ltd. | Chaitons LLP | 30 Jan 2015 | Application · 10 Jun 2016 |
| CreditorLaurentian Bank of Canada | Thornton Grout Finnigan LLP | 12 Nov 2015 | Order · 12 Nov 2015 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | O'Connor Electric · in 2 cases | $2.03M | Creditors List |
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured |
99 more claims in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plans2 transactions · 1 not completed · 1 approved — The 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
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Fortress Collier Centre Ltd.the sale transaction (the "Transaction") · real property · agreement 26 Jun 2015 | Subscribers | Not completed25 Sep 2015 | Monitor's Ninth Report dated June 10, 2016 |
| Fortress Collier Centre Ltd.the sale transaction (the "Transaction") contemplated by an agreement of purchase and sale · real property · agreement 26 Oct 2015 | not stated | Approved12 Aug 2015 | Approval and Vesting Order dated August 12, 2015 |
Secured creditors: no distribution. Derek Sorrenti no distribution · LBC short · Olympia Trust no distribution.Monitor's Ninth Report · 10 Jun 2016
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | Lien Claimants | — | no distributionconditional | per the monitor | Monitor's Ninth Report · 10 Jun 2016 |
| Secured | Derek Sorrenti | — | no distribution | Estimatedper the monitor | Monitor's Seventh Report dated November 5, 2015 including Appendix 1 & 2 · 5 Nov 2015 |
| Secured | LBC | — | shortfall | Estimatedper the monitor | Notice of Motion · 10 Jun 2016 |
| Secured | Olympia Trust | — | no distribution | Estimatedper the monitor | Monitor'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.
As at ·
Professional fees
$53.8K
As at 31 May 2016Monitor's Ninth Report dated June 10, 2016
The total the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Endorsement of Justice Hainey dated June 16, 2016
| PDF · Subscribers | |
Order of Justice Hainey dated June 16, 2016
| PDF · Subscribers | |
Monitor's Ninth Report dated June 10, 2016
| PDF · Subscribers | |
Notice of Motion Returnable June 16, 2016
| PDF · Subscribers | |
Endorsement of Justice Penny dated January 29, 2016
| PDF · Subscribers | |
Order of Justice Penny dated January 29, 2016
| PDF · Subscribers | |
| Amended Notice of Motion dated January 21, 2016 | PDF · Subscribers | |
| Book of Authorities Returnable January 29, 2016 | PDF · Subscribers | |
| Final Application Factum including Schedules | PDF · Subscribers | |
Endorsement of Justice Penny dated January 14, 2016
| PDF · Subscribers | |
Order of Justice Penny dated January 14, 2016
| PDF · Subscribers | |
| Monitor's Eighth Report dated January 12, 2016 | PDF · Subscribers | |
Notice of Motion Returnable January 14, 2016
| PDF · Subscribers | |
| Motion Record dated December 23, 2015 | PDF · Subscribers | |
| Service List at December 10, 2015 | PDF · Subscribers | |
Ancillary Order to the Approval and Vesting Order dated November 12, 2015
| PDF · Subscribers | |
Approval and Vesting Order
| PDF · Subscribers | |
| Book of Authorities of Laurentian Bank of Canada November 12, 2015 | PDF · Subscribers | |
Endorsement of Justice Newbould dated November 12, 2015
| PDF · Subscribers | |
| Factum of Laurentian Bank of Canada dated November 12, 2015 | PDF · Subscribers | |
Order of Justice Newbould dated November 12, 2015 re: Increase DIP Financing and Authorize Close-in Work
| 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
| PDF · Subscribers | |
Monitor's Seventh Report dated November 5, 2015 including Appendix 1 & 2
| PDF · Subscribers | |
| Motion Record re: Stay Extension, Approval and Vesting Order and Ancillary Order, Returnable November 12, 2015 | PDF · Subscribers | |
Endorsement of Justice Newbould dated October 29, 2015
| PDF · Subscribers | |
Order of Justice Newbould dated October 29, 2015
| PDF · Subscribers | |
Appendices 3-7
| PDF · Subscribers | |
| Monitor's Sixth Report dated October 23, 2015 | PDF · Subscribers | |
| Notice of Motion re: Stay Extension, Returnable October 29, 2015 | PDF · Subscribers | |
Endorsement of Justice Mesbur dated September 28, 2015
| PDF · Subscribers | |
Order of Justice Mesbur dated September 28, 2015
| PDF · Subscribers | |
| Supplementary Report to the Monitor's Fifth Report dated September 27, 2015 | PDF · Subscribers | |
| Applicant’s Motion Record for the motion returnable September 28, 2015 | PDF · Subscribers | |
Monitor's Fifth Report dated September 22, 2015
| PDF · Subscribers | |
Ancillary Order dated August 12, 2015
| PDF · Subscribers | |
Approval and Vesting Order dated August 12, 2015
| PDF · Subscribers | |
Handwritten Endorsement of the Honourable Justice Newbould dated August 12, 2015
| PDF · Subscribers | |
Unofficial Transcription of the Endorsement of the Honourable Justice Newbould dated August 12,
| PDF · Subscribers | |
| Supplementary Factum of Grant Thornton Limited dated August 10, 2015 | PDF · Subscribers | |
Endorsement of the Honourable Mr. Justice Spence dated July 30, 2015
| PDF · Subscribers | |
| Factum of Grant Thornton Limited dated July 29, 2015 | PDF · Subscribers | |
Supplementary Report to the Monitor's Fourth Report dated July 29, 2015
| PDF · Subscribers | |
| Applicants Motion Record for Motion Returnable July 30, 2015 | PDF · Subscribers | |
Monitor's Fourth Report dated July 17, 2015 (including Appendices 1-8)
| PDF · Subscribers | |
| Motion Record Returnable July 30, 2015 | PDF · Subscribers | |
| Appendices 5-12 | PDF · Subscribers | |
Endorsements of Justice Pattillo dated April 8, 2015
| PDF · Subscribers | |
Order of Justice Pattillo (DIP Increase) dated April 8, 2015
| PDF · Subscribers | |
Order of Justice Pattillo (Stay - Sale_Process - Fee_Approval) dated April 8, 2015
| PDF · Subscribers | |
Supplementary Report to the Monitor's Third Report dated April 8, 2015
| PDF · Subscribers | |
| Motion Record returnable April 8, 2015 | PDF · Subscribers | |
| Notice of Motion returnable April 8, 2015 | PDF · Subscribers | |
| Applicant’s Motion Record for the motion returnable March 27, 2015 | PDF · Subscribers | |
| Endorsement of the Honourable Mr. Pattillo’s dated March 27, 2015 | PDF · Subscribers | |
Monitor's Third Report dated March 24, 2015
| PDF · Subscribers | |
| Monitor's Second Report dated March 10, 2015 | PDF · Subscribers | |
| Brief of Authorities of the Applicant for its motion returnable on February 9, 2015 | PDF · Subscribers | |
Court Order of Justice McEwen dated February 9, 2015
| PDF · Subscribers | |
Endorsement of Justice McEwen dated February 9, 2015
| PDF · Subscribers | |
| Factum of the Applicant Returnable February 9, 2015 | PDF · Subscribers | |
Amended and Restated Initial Order - dated January 30, 2015
| PDF · Subscribers | |
| Appendices 1-12 | PDF · Subscribers | |
Appendices 1-4
| 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
| PDF · Subscribers | |
| Initial Order dated January 30, 2015 | PDF · Subscribers | |
| Factum of the Applicant Returnable January 30, 2015 | PDF · Subscribers | |
| Proposed Monitor's First Report dated January 29, 2015 | PDF · Subscribers | |
| Appendices 9-21 Monitor's Fourth Report | PDF · Subscribers | |
Creditors List
| PDF · Subscribers | |
| Email Service List | PDF · Subscribers | |
Responding Factum & Compendium of Nekison Engineering & Contractors Ltd.
| 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 4 November 2026, https://proceedings.ca/case/mady-collier-centre-ltd