Mansouri Group: 1351637 Ontario Limited, Minthollow Estates Inc., Whitby Meadows Inc., and Casewood Holdings Inc.
- Proceeding
- Receivership (court-appointed)Section 243(1) of the Bankruptcy and Insolvency Act, RSC 1985, c B-3, as amended and Section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended
- Court
- Ontario Superior Court of Justice · Commercial List
- File
- CL-25-00753580-0000
- Industry
- Real estate · Residential development
1351637 Ontario Limited, Minthollow Estates Inc., Whitby Meadows Inc. and Casewood Holdings Inc. were placed in receivership on November 20, 2025 by the Ontario Superior Court of Justice (Commercial List) on the application of Cameron Stephens Mortgage Capital Ltd., with KSV Restructuring Inc. appointed receiver under s. 243(1) of the BIA and s. 101 of the Courts of Justice Act (Court File No. CL-25-00753580-0000). The receivership was extended to Brooklin Olde Towne Inc. and Twinview Developments Inc. on December 11, 2025. A sale process was approved on January 23, 2026, and on March 18, 2026 the Court approved a sale of real property to Saddlebrook Preserve Inc. The record reports fees of $140,349 for KSV and $153,565 for Goodmans LLP.
Approved and vested the sale of the Real Property to Saddlebrook Preserve Inc., the purchase price payable on closing having been satisfied and closing conditions satisfied or waived.
The Court granted an interim order in the receivership, issued the same day as the approval and vesting order.
Source: Distribution and Ancillary Relief Order dated March 18, 2026
Second Report covered the sale process with CBRE, motor vehicle liquidations, opening CRA sales tax accounts, inquiries from Attersley Project purchasers, and dealings with Tarion Warranty Corporation's counsel.
Public Motion Record of the Receiver dated March 12, 2026 — Application / notice of application
Approved the sale process, including listing fees of a $100,000 flat fee plus HST per property, except Minthollow and Twinview at $35,000 plus HST.
Source: Signed Sale Process Approval Order dated January 23, 2026
First Report set out activities since appointment: property maintenance, a third-party contractor engaged to assess vacant homes, notice to the Home Construction Regulatory Authority, insurance and vehicle reviews, statutory notices, bank correspondence and a data room.
Extended the receivership to Brooklin Olde Towne Inc. and Twinview Developments Inc., with the same first-ranking Receiver's Charge and $500,000 Receiver's Borrowings Charge secured by Receiver's Certificates.
Appointed KSV Restructuring Inc. receiver over the property of the four original Mansouri Group debtors on Cameron Stephens' application, granting a stay, a first-ranking Receiver's Charge and a $500,000 borrowings charge.
Mansouri Group: 1351637 Ontario Limited, Minthollow Estates Inc., Whitby Meadows Inc., and Casewood Holdings Inc. — Receivership filed, Ontario.
Supplementary Application Record of the Applicant - Cameron Stephens Mortgage Capital dated November 19, 2025 — Application / notice of application
Application Record of the Applicant - Cameron Stephens Mortgage Capital dated November 18, 2025 - Volume 1 of 2 — Application / notice of application
Application Record of the Applicant - Cameron Stephens Mortgage Capital dated November 18, 2025 - Volume 2 of 2 — Application / notice of application
Undated filings1 — no date appears on the document · show
Debtor
Mansouri Group: 1351637 Ontario Limited, Minthollow Estates Inc., Whitby Meadows Inc., and Casewood Holdings Inc.
Applicant
Cameron Stephens Mortgage Capital Ltd.
Receiver
KSV
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Conway | Ontario Superior Court of Justice | 7 orders, Nov 2025 – Mar 2026 | 310 cases on record |
| Justice Myers | Ontario Superior Court of Justice | 3 orders, Dec 2025 – Mar 2026 | 117 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverKSV | Goodmans LLP · Stikeman Elliott LLP | 20 Jan 2026 | Service list · 7 Apr 2026 |
| ApplicantCameron Stephens Mortgage Capital Ltd. | Lenczner Slaght LLP | 18 Nov 2025 | Factum · 18 Nov 2025 |
| DebtorMansouri Group: 1351637 Ontario Limited, Minthollow Estates Inc., Whitby Meadows Inc., and Casewood Holdings Inc. | Osler, Hoskin & Harcourt LLP | 7 Apr 2026 | Service list · 7 Apr 2026 |
| CreditorDUCA Financial Services Credit Union Ltd | Chaitons LLP | 7 Apr 2026 | Service list · 7 Apr 2026 |
| CreditorGHD Limited | McCague Borlack LLP | 7 Apr 2026 | Service list · 7 Apr 2026 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| Court-ordered charges | ||||
| 1 | Court-ordered charges | Receiver's Borrowings Charge — in priority to all security interests, trusts or deemed trusts, liens, charges and encumbrances, statutory or otherwise, in favour of any Person, but subordinate in priority to the Receiver's Charge and the charges as se | $500K | Receivership Order re Brooklin Olde Towne Inc. and Twinview Developments Inc. dated December 11, 2025 |
| 1 | Court-ordered charges | |||
| Pre-filing debt | ||||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 5 | PMSI / lessors | |||
8 more claims in 3 classes The stack holds Court-ordered charges, Secured and PMSI / lessors claims.
Every creditor and every amount, drawn to scale.
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See all plansThis 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.
2 transactions · 1 proposed · 1 closed — the Transaction is hereby approvedApproval and Vesting Order dated March 18, 2026 · 18 Mar 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Saddlebrook Preserve Inc.the Twinview Property · real property · agreement 17 Feb 2026 | not stated | Proposed | Second Report of the Receiver dated March 12,… |
| 784534 Ontario Inc. o/a DeNoble Homesthe Real Property | not stated | Closed7 Apr 2026 | Receiver's Certificate re Twinview Property… |
2 engagements · 2 firms — latest: Goodmans LLP, 17 Nov 2025 – 28 Feb 2026, approvedSecond Report of the Receiver · 12 Mar 2026
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Goodmans LLPCounsel to the receiver | 17 Nov 2025 – 28 Feb 2026Approved | Second Report of the Receiver · 12 Mar 2026 | |||
| KSV Restructuring Inc.Receiver | 13 Nov 2025 – 28 Feb 2026Approved | — | — | Second Report of the Receiver · 12 Mar 2026 |
4 blurred figures above
What each firm billed — each as the filing states it, with its source.
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See all plansCash on hand
minimal cash on hand
As at 12 Mar 2026Second Report of the Receiver dated March 12, 2026
Professional fees
As at
1 more reported figure
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Receiver's Certificate re Twinview Property dated April 7, 2026
| PDF · Subscribers | |
Service List as at April 7, 2026
| PDF · Subscribers | |
Approval and Vesting Order dated March 18, 2026
| PDF · Subscribers | |
Distribution and Ancillary Relief Order dated March 18, 2026
| PDF · Subscribers | |
Endorsement of Justice Conway dated March 18, 2026
| PDF · Subscribers | |
Factum of the Receiver dated March 16, 2026
| PDF · Subscribers | |
Public Motion Record of the Receiver dated March 12, 2026
| PDF · Subscribers | |
Second Report of the Receiver dated March 12, 2026
| PDF · Subscribers | |
| Amended Motion Record dated January 26, 2026 | PDF · Subscribers | |
Signed Sale Process Approval Order dated January 23, 2026
| PDF · Subscribers | |
Endorsement of Justice Conway dated January 22, 2026
| PDF · Subscribers | |
Factum of the Receiver dated January 20, 2026
| PDF · Subscribers | |
First Report of the Receiver dated January 15, 2026
| PDF · Subscribers | |
Endorsement of Justice Myers dated December 11, 2025
| PDF · Subscribers | |
Receivership Order re Brooklin Olde Towne Inc. and Twinview Developments Inc. dated December 11, 2025
| PDF · Subscribers | |
Endorsement of Justice Conway dated November 20, 2025
| PDF · Subscribers | |
Receivership Order dated November 20, 2025
| PDF · Subscribers | |
| Supplementary Application Record of the Applicant - Cameron Stephens Mortgage Capital dated November 19, 2025 | PDF · Subscribers | |
Application Record of the Applicant - Cameron Stephens Mortgage Capital dated November 18, 2025 - Volume 1 of 2
| PDF · Subscribers | |
Application Record of the Applicant - Cameron Stephens Mortgage Capital dated November 18, 2025 - Volume 2 of 2
| PDF · Subscribers | |
Factum of the Applicant - Cameron Stephens Mortgage Capital dated November 18, 2025
| PDF · Subscribers | |
| Commercial List E-Service Protocol | 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., “Mansouri Group: 1351637 Ontario Limited, Minthollow Estates Inc., Whitby Meadows Inc., and Casewood Holdings Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 4 November 2026, https://proceedings.ca/case/mansouri-group-1351637-ontario-limited-minthollow-estates-inc-whitby-meadows-inc