Proceedings.

Maxx Properties (323) Ltd.

ActiveFollow
Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
File
CV-23-00706680-00CL
Filings held11
Last activity5 Nov 2025
On the record982 days
Secured debtSubscribers
OverviewSummary updated

Maxx Properties (323) Ltd. was placed in court-appointed receivership on 28 February 2024 by the Ontario Superior Court of Justice (Commercial List), under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act, on the application of the Royal Bank of Canada (court file CV-23-00706680-00CL). The Fuller Landau Group Inc. was appointed as receiver and manager. The Royal Bank of Canada issued a demand for payment on 5 September 2023 for $7,222,321.53, inclusive of interest and costs. Lift Capital Incorporated together with Michael Awad and Howard Awad are named as second mortgagees. The proceeding remains active.

Ask in plain language. The answer comes only from this case’s filings, each one cited.
Enter to send · Shift+Enter for a new line
Open this case in Proceedings AI⁠Save your chats, keep long conversations going, and ask across every case.
Case updates11 dated entries
#Order

The court made a receivership order on 28 February 2024, appointing The Fuller Landau Group Inc. as receiver and manager.

Source: Receivership Order

Parties

Debtor

Maxx Properties (323) Ltd.

Receiver

Fuller Landau

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice KimmelOntario Superior Court of Justice2 orders, Jun 2024198 cases on record
Justice OsborneOntario Superior Court of Justice2 orders, Feb 2024168 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverFuller LandauHarrison Pensa LLP3 Jun 2024Factum · 6 Jan 2025
ApplicantChaitons LLP28 Feb 2024Order · 28 Feb 2024
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredRoyal Bank of Canada (RBC) · in 584 casesGeneral security agreement (GSA); first ranking charge/mortgage on Real Property, principal amount $8,288,000 (RBC Mortgage); guarantee from Blake Larsen — Demand for payment issued September 5, 2023 for $7,222,321.53 inclusive of interest and costs, along with Notices of Intention to Enforce Security under s.244(1) BIA. RBC Mortgage principal of $8,288,000 is the registered principal, not the outstanding balance. Personal guarantee obtained from Blake Larsen (director/guarantor). — debtor: Maxx Properties (No. 323) Ltd. · as of 5 Sep 2023$7.22MFirst Report of the Receiver
Secured
Secured

2 more claims in 1 class The stack holds Secured claims.

Every creditor and every amount.

Start 5-day trial

Card required. Nothing charged for 5 days. Cancel anytime.

Already a subscriber? Sign in.

See all plans⁠

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.

Sale processAs stated in the filings

Sale process approved — Sales and Marketing Process approved, subject to court approval of any transactionSales Process Order - 03-JUNE-2024 · 3 Jun 2024

PurchaserPriceStatusSource
Amar Jwedah (company to be incorporated)the Real Property · real property · agreement 16 Oct 2023not statedNot completed8 Mar 2024First Report of the Receiver
AdvisorsAvison Young (listing broker)Sales Process Order - 03-JUNE-2024
Sealed materialsConfidential Appendices to the First ReportSales Process Order - 03-JUNE-2024
RecoveriesAs stated in the filings

Secured creditors: no distribution.EstimatedMotion Record of the Receiver · 31 Oct 2025

ClassCreditorClaimsRecoveryBasisSource
Securedother secured creditors of Maxx—no distributionEstimatedper the receiverMotion Record of the Receiver · 31 Oct 2025

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.

Fees and ratesAs stated in the filings

3 engagements · 1 firm — latest: Harrison Pensa LLP, 16 Dec 2024 – 21 Oct 2025, incl. taxMotion Record of the Receiver · 5 Nov 2025

FirmPeriodHoursFeesRatesSource
Harrison Pensa LLPCounselperiod 3 of 316 Dec 2024 – 21 Oct 2025Sought—Motion Record of the Receiver · 5 Nov 2025
Harrison Pensa LLPCounselperiod 3 of 36 Feb – 21 Oct 2025Sought—3 peopleMotion Record of the Receiver · 5 Nov 2025
3 people — Harrison Pensa LLP, 6 Feb – 21 Oct 2025 · 9 blurred figures
NameYear of callHoursRateFees
Timothy C. Hogan1995
Christian J. Hamber1995
Sydney InghelbrechtLaw Clerk
Harrison Pensa LLPCounselperiod 1 of 316 Dec 2024 – 6 Feb 2025Sought—6 peopleMotion Record of the Receiver · 5 Nov 2025
6 people — Harrison Pensa LLP, 16 Dec 2024 – 6 Feb 2025 · 18 blurred figures
NameYear of callHoursRateFees
Christian J. Hamber1995
Timothy C. Hogan1995
Thomas Masterson2019
Sean Molnar2024
Nicole ClaytonClerk
Sydney InghelbrechtClerk

33 blurred figures above

What the firm billed, and each person’s hours and rate — each as the filing states it, with its source.

Start 5-day trial

Card required. Nothing charged for 5 days. Cancel anytime.

Already a subscriber? Sign in.

See all plans⁠
Documents
11 filings
DateDocumentFile
Motion Record of the Receiver
  • Recovery outcome Entries: per estimated · Stated on: 2025-10-31 · Table missing:
  • Fee schedule Subscribers
PDF · Subscribers
Book of Authorities of the ReceiverPDF · Subscribers
Factum of the Receiver
  • Counsel Harrison Pensa LLP
PDF · Subscribers
Endorsement - 03-JUNE-2024
  • Presiding officer Justice Kimmel
PDF · Subscribers
Sales Process Order - 03-JUNE-2024
  • Counsel Harrison Pensa LLP
  • Order date 3 June 2024
  • Presiding officer Justice Kimmel
  • Sale advisor Avison Young Commercial Real Estate Services LP (listing broker)
  • + 3 more extracted facts
PDF · Subscribers
Factum - Receiver - The Fuller Landau Group Inc. - 23-MAY-2024PDF · Subscribers
First Report of the Receiver
  • Closing confirmed Did not complete · 8 Mar 2024 · Amar Jwedah (company to be incorporated)
  • Purchaser Amar Jwedah (company to be incorporated) · the Real Property · real property · not completed
  • Sale advisor Avison Young Commercial Real Estate Services (listing broker)
  • Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Motion Record - Receiver - The Fuller Landau Group Inc. - 22-MAY-2024
  • Applicant ROYAL BANK OF CANADA
  • Appointee The Fuller Landau Group Inc.
  • Appointee role Receiver
  • Court ONTARIO SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • + 1 more extracted fact
PDF · Subscribers
Endorsement
  • Presiding officer Justice Osborne
PDF · Subscribers
Receivership Order
  • Applicant Royal Bank of Canada
  • Appointee The Fuller Landau Group Inc.
  • Appointee role receiver and manager
  • Commencement date 28 February 2024
  • + 6 more extracted facts
PDF · Subscribers
Application Record
  • Applicant ROYAL BANK OF CANADA
  • Appointee Fuller Landau Group Inc.
  • Appointee role Proposed Receiver
  • Court SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • + 1 more extracted fact
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., “Maxx Properties (323) Ltd.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 5 November 2026, https://proceedings.ca/case/maxx-properties-323-ltd

Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/maxx-properties-323-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.