Proceedings.

Mt. Cross Pharmacy (1970636 Ontario Ltd.)

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Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
File
CV-18-597922-00CL
Filings held36
Last activity12 Sep 2019
On the record3,066 days
OverviewSummary updated

Mt. Cross Pharmacy (1970636 Ontario Ltd.) is the subject of a court-appointed receivership brought under BIA s. 243 and the applicable provincial Judicature Act. The record identifies CWB Maxium Financial Inc. as the Company's general secured creditor, with its security interest referenced in the Appointment Order; no balance, registration particulars, or further detail on that security is given in the available pages. The proceeding is listed as active, but the record does not disclose the court, judicial centre, province, or commencement date, and no timeline events have been reported.

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Case updates34 dated entries · 2 undated
#Sale

The court granted an approval and vesting order for the sale to 2654356 Ontario Inc., doing business as Joice Pharmacy and Medical Clinic. Closing terms, as extracted: vesting effective upon delivery of Receiver's Certificate confirming payment of Purchase Price and satisfaction of closing conditions. Sealed: Bid Summary attached as Confidential Appendix 1, unredacted Sale Agreement attached as Confidential Appendix 2.

Source: Approval and Vesting Order of Honourable Justice Wilton-Siegel

Undated filings2 — no date appears on the document · show
—
Filing

Book of Authorities of the Defendant – Tab 3 missing pages — Application filed

PDF · Subscribers

—
Filing

Factum of the Defendant 1975193 Ontario Ltd. — Application filed

PDF · Subscribers

Parties

Debtor

Mt. Cross Pharmacy (1970636 Ontario Ltd.)

Receiver

msi Spergel inc.

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice DunphyOntario Superior Court of Justice4 orders, May 2018 – Dec 201893 cases on record
Justice McEwenOntario Superior Court of Justice3 orders, Jun 2018143 cases on record
Justice LeitchOntario Superior Court of Justice2 orders, Jan 20195 cases on record

Counsel of record

PartyCounselFirst seenSource
Receivermsi Spergel inc.Pallett Valo LLP10 Sep 2018Application · 7 Sep 2018
ApplicantMiller Thomson LLP16 May 2018Order · 14 Jun 2018
DebtorMt. Cross Pharmacy (1970636 Ontario Ltd.)Gowling WLG (Canada) LLP—Factum
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredCWB Maxium Financial Inc. · in 7 casesGeneral secured creditor; security interest referenced in Appointment Order (specific registration details not stated on these pages) — Described as 'the Company's general secured creditor'; no balance stated on these pages — debtor: 1970636 Ontario Ltd. o/a Mt. Cross Pharmacy—First Report to Court

“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 processAs stated in the filings

Sale approved — Transaction approved by the CourtApproval and Vesting Order of Honourable Justice Wilton-Siegel · 11 Dec 2018

PurchaserPriceStatusSource
2654356 Ontario Inc., doing business as Joice Pharmacy and Medical Clinicthe Debtor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") · asset saleSealedApproved11 Dec 2018Approval and Vesting Order of Honourable…
Closing termsvesting effective upon delivery of Receiver's Certificate confirming payment of Purchase Price and satisfaction of closing conditionsApproval and Vesting Order of Honourable Justice Wilton-Siegel
Sealed materialsBid Summary attached as Confidential Appendix 1; unredacted Sale Agreement attached as Confidential Appendix 2Approval and Vesting Order of Honourable Justice Wilton-Siegel
Fees and ratesAs stated in the filings

4 engagements · 2 firms — latest: msi Spergel Inc., 1 Dec 2018 – 10 Sep 2019Receiver's Motion Record Part 2 · 12 Sep 2019

FirmPeriodHoursFeesRatesSource
Pallett Valo LLPCounsel to the receiverperiod 1 of 215 May – 13 Jun 2018——Motion Record of the Receiver – returnable December 11, 2018 – PART II · 11 Dec 2018
Pallett Valo LLPCounsel to the receiverperiod 1 of 2Appointment Period—Receiver's Motion Record Part 2 · 12 Sep 2019
msi Spergel Inc.Receiverperiod 2 of 21 Dec 2018 – 10 Sep 2019——not statedReceiver's Motion Record Part 2 · 12 Sep 2019
msi Spergel inc.Receiverperiod 1 of 2——Motion Record of the Receiver – returnable December 11, 2018 – PART I · 4 Dec 2018

5 blurred figures above

What each firm billed — each as the filing states it, with its source.

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Documents
36 filings
DateDocumentFile
Receiver's Motion Record Part 1PDF · Subscribers
Receiver's Motion Record Part 2
PDF · Subscribers
Order of Hnourable Justice Leitch regarding Nasim
  • Counsel Pallett Valo LLP
  • Presiding officer Justice Leitch
PDF · Subscribers
Order of Honourable Justice Leitch regarding Kirkopoulos
  • Counsel Pallett Valo LLP
  • Presiding officer Justice Leitch
PDF · Subscribers
Approval and Vesting Order of Honourable Justice Wilton-Siegel
  • Closing terms vesting effective upon delivery of Receiver's Certificate confirming payment of Purchase Price and satisfaction of closing conditions
  • Order date 11 December 2018
  • Presiding officer Justice Wilton-Siegel
  • Purchaser 2654356 Ontario Inc., doing business as Joice Pharmacy and Medical Clinic · the Debtor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") · asset sale · approved
  • + 3 more extracted facts
PDF · Subscribers
Motion Record of the Receiver – returnable December 11, 2018 – PART II
PDF · Subscribers
Order of Honourable Justice Dunphy
  • Presiding officer Justice Dunphy
PDF · Subscribers
Motion Record of the Receiver – returnable December 11, 2018 – PART I
PDF · Subscribers
Order appointing the Receiver over Malhotra and Nasim
  • Counsel Miller Thomson LLP
PDF · Subscribers
Endorsement of Honourable Justice Penny
  • Presiding officer Justice Penny
PDF · Subscribers
Approval Order of Honourable Justice Chiapetta
  • Counsel Pallett Valo LLP
  • Presiding officer Justice Chiapetta
PDF · Subscribers
Motion Record of the Interim Receiver – returnable September 10, 2018
  • Counsel Pallett Valo LLP
PDF · Subscribers
Endorsement of Honourable Justice Dunphy
  • Presiding officer Justice Dunphy
PDF · Subscribers
Order appointing the Interim Receiver over 1975193 Ontario Ltd. dba MTN RX& Health
  • Counsel Miller Thomson LLP
PDF · Subscribers
Book of Authorities of the DefendantPDF · Subscribers
Letter to Gowling WLG (Canada) LLPPDF · Subscribers
Plaintiff’s Revised Factum for motion returnable August 3, 2018PDF · Subscribers
Supplemental Responding Motion Record of 1975193 Ontario Ltd.PDF · Subscribers
Supplement to the First Report to Court
PDF · Subscribers
First Report to Court
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Responding Motion Record of 1975193 Ontario Ltd.PDF · Subscribers
Endorsement of Honourable Justice Hainey
  • Presiding officer Justice Hainey
PDF · Subscribers
Motion Record of the Plaintiff – returnable July 6, 2018PDF · Subscribers
Approval Order of Honourable Justice McEwen
  • Presiding officer Justice McEwen
PDF · Subscribers
Endorsement of Honourable Justice McEwen
  • Presiding officer Justice McEwen
PDF · Subscribers
Motion Record of the Plaintiff – returnable June 14, 2018 – Part 2PDF · Subscribers
Order appointing the Receiver
  • Applicant CWB MAXIUM FINANCIAL INC.
  • Appointee msi Spergel inc.
  • Appointee role receiver
  • Commencement date 14 June 2018
  • + 6 more extracted facts
PDF · Subscribers
Plaintiff’s Factum for motion returnable June 14, 2018PDF · Subscribers
Motion Record of the Plaintiff – returnable June 14, 2018 – Part 1PDF · Subscribers
Endorsement of Honourbale Justice Dunphy
  • Presiding officer Justice Dunphy
PDF · Subscribers
Order appointing the Interim Receiver
  • Applicant CWB MAXIUM FINANCIAL INC.
  • Appointee msi Spergel inc.
  • Appointee role interim receiver
  • Commencement date 16 May 2018
  • + 5 more extracted facts
PDF · Subscribers
Motion Record of the Plaintiff – returnable May 16, 2018 – Part 1
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no CV-18-597922-00CL
PDF · Subscribers
Motion Record of the Plaintiff – returnable May 16, 2018 – Part 2PDF · Subscribers
Book of Authorities of the PlaintiffPDF · Subscribers
Book of Authorities of the Defendant – Tab 3 missing pagesPDF · Subscribers
Factum of the Defendant 1975193 Ontario Ltd.
  • Counsel Gowling WLG (Canada) LLP
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., “Mt. Cross Pharmacy (1970636 Ontario Ltd.)” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/mt-cross-pharmacy-1970636-ontario-ltd

Sources last checked · summary updated 13 August 2026 · Report a correction · Printed from proceedings.ca/case/mt-cross-pharmacy-1970636-ontario-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.