Motion Record of Receiver returnable December 6, 20229Sale Approval) — Application / notice of application
Mill Street Ventures GP Ltd.
Follow- Proceeding
- Receivership (court-appointed)section 243 of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- File
- CV-21-00660056-00CL
Mill Street Ventures GP Ltd. was placed in receivership on September 20, 2021 by the Ontario Superior Court of Justice, which appointed Rosen Goldberg Inc. receiver and manager under section 243 of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act in court file CV-21-00660056-00CL. The application was brought by Dorr Capital Corporation, Community Trust Company and 2098535 Alberta Ltd., which hold mortgages ranking second over the company's real property and were deemed by the order to be protecting rather than realizing on their security. DUCA Financial Services Credit Union Ltd. ranks first on a registered charge securing a construction loan, having ceased funding and demanded repayment in full. The receivership remains active.
Order of Justice Conway dated April 28, 2022 ( Sale Process Approval) was filed.
Source: Order of Justice Conway dated April 28, 2022 ( Sale Process Approval)
Motion Record of Receiver dated April 28, 2022 (Sale Process Approval) — Application / notice of application
Application Record of Duca Financial Services Credit Union Ltd. returnable September 9, 2021 (Part 1) — Application / notice of application
Application Record of Duca Financial Services Credit Union Ltd. returnable September 9, 2021(Part 2) — Application / notice of application
Endorsement of Justice Pattillo dated September 10,2021 (receievrship application) — Endorsement / reasons
Motion Record of the Interim Receiver returnable September 9, 2021( includes Fifth Report) — Application / notice of application
The officer filed report no. Fourth Report. Phase 1 construction of the mixed-use retail/gas station development is continuing but has been delayed by prior contractor errors (misplaced curbs, defective asphalt, unflushed sanitary lines); the Interim Receiver expects Phase 1 to be completed within about four weeks but estimates an additional $250,000 is needed beyond original borrowings, excluding remaining gas station work.
Motion Record of Dorr Capital Corporation to Expand Powers of Interim Receiver — Application / notice of application
Motion Record of Applicants and Interim Receiver returnable May 14, 2021 — Application / notice of application
Debtor
Mill Street Ventures GP Ltd.
Receiver
Rosen Goldberg
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Pattillo | Ontario Superior Court of Justice | 9 orders, Apr 2021 – Sep 2021 | 69 cases on record |
| Justice Cavanagh | Ontario Superior Court of Justice | 3 orders, Nov 2021 – Feb 2022 | 288 cases on record |
| Justice Conway | Ontario Superior Court of Justice | 2 orders, Apr 2022 | 285 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Applicant | Blaney McMurtry LLP | 20 Apr 2021 | Order · 20 Apr 2021 |
| ApplicantRosen Goldberg Inc | Blaney McMurtry LLP | 14 May 2021 | Order · 14 May 2021 |
| DebtorMill Street Ventures GP Ltd. | Peritz LLP | 28 Jun 2021 | Endorsement · 28 Jun 2021 |
| Interim lenderC&K Mortgages Services Inc | Lax O'Sullivan Lisus Gottlieb LLP | 9 Sep 2021 | Endorsement · 9 Sep 2021 |
| CreditorC&K Mortgage Services Inc | Lax O'Sullivan Lisus Gottlieb LLP | 20 Sep 2021 | Order · 20 Sep 2021 |
| CreditorDUCA Financial Services Credit Union Ltd | Devry Smith Frank LLP | 28 Jun 2021 | Endorsement · 28 Jun 2021 |
| CreditorNon- Possessory | Dickinson Wright LLP · David Preger DickinsonWright LLP | 28 Jun 2021 | Endorsement · 23 Aug 2021 |
| CreditorParkland Fuel Corporation | Borden Ladner Gervais LLP | 28 Jun 2021 | Endorsement · 28 Jun 2021 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | DUCA Financial Services Credit Union Ltd. · in 17 casesFirst-ranking secured creditor; construction loan; registered charge/security over the Real Property ("DUCA Security") — Described as first-ranking secured creditor; ceased funding under construction loan and demanded repayment in full; no balance stated in these pages — debtor: Mill Street Ventures GP Ltd. | — | Second Report of Interim Receiver dated June 24, 2021 |
| Secured | Dorr Capital Corporation, Community Trust Company and 2098535 Alberta Ltd. (Applicants)Mortgages over the real property of the Respondent (Schedule "A") — Referred to as holding second-ranking security among the Real Property's secured lenders (per p.5); no balance stated in these pages; Order confirms Applicants deemed to be protecting, not realizing upon, their security — debtor: Mill Street Ventures GP Ltd. | — | Second Report of Interim Receiver dated June 24, 2021 |
“not stated” means the record names the claim without a figure; “—” means not in the extracted 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.
Sale process approved — the marketing and sale process described in the Eighth report in relation to the Restaurant Land and the Phase 2 Land be and is hereby approvedOrder of Justice Conway dated April 28, 2022 ( Sale Process Approval) · 28 Apr 2022
| Date | Document | File |
|---|---|---|
| Motion Record of Receiver returnable December 6, 20229Sale Approval) | ||
| Motion Record of Receiver returnable October 24, 2022 | ||
Endorsement of Justice Conway dated April 28, 2022
| ||
| Motion Record of Receiver dated April 28, 2022 (Sale Process Approval) | ||
Order of Justice Conway dated April 28, 2022 ( Sale Process Approval)
| ||
| Supplementary Report to Seventh Report (redacted) | ||
| Motion Record of Receiver returnable February 18, 2022 | ||
Order of Justice Cavanagh dated February 18, 2022
| ||
| Motion Record of Receiver returnable November 16, 2021 | ||
Approval and Vesting Order of Justice Cavanagh dated November 15, 2021
| ||
Endorsement of Justice Cavanagh dated November 15, 2021
| ||
Expanded Receivership Order dated September 20, 2021
| ||
| Application Record of Duca Financial Services Credit Union Ltd. returnable September 9, 2021 (Part 1) | ||
| Application Record of Duca Financial Services Credit Union Ltd. returnable September 9, 2021(Part 2) | ||
Endorsement of Justice Pattillo dated September 10,2021 (receievrship application)
| ||
| Motion Record of the Interim Receiver returnable September 9, 2021( includes Fifth Report) | ||
Endorsement of Justice Pattillo dated August 23, 2021
| ||
Fourth Report of Interim Receiver
| ||
| Motion Record of Dorr Capital Corporation to Expand Powers of Interim Receiver | ||
| Supplementary Affidavit of Gary Gruneir dated Sepetmber 2, 2021 | ||
Endorsement of Justice Pattillo dated August 9, 2021
| ||
| Third report of Interim Receiver | ||
Endorsement of Justice Pattillo dated June 28, 2021
| ||
Second Report of Interim Receiver dated June 24, 2021
| ||
Endorsement of Justice Pattillo dated May 14, 2021
| ||
| Motion Record of Applicants and Interim Receiver returnable May 14, 2021 | ||
Order of Justice Pattillo dated May 14, 2021( extend Interim Receiver)
| ||
Application Record returnable April 20, 2021
| ||
Appointment Order dated April 20, 2021
| ||
Endorsement of Justice Pattillo dated April 20, 2021
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Mill Street Ventures GP Ltd.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/mill-street-ventures-gp-ltd