Multicom Media Services Ltd. was placed in court-appointed receivership on 14 June 2013 by the Ontario Superior Court of Justice (Commercial List), under subsection 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-13-10131-00CL). The Fuller Landau Group Inc. was appointed as receiver. Secured claims include $4,167,689.14 owed to the Royal Bank of Canada and $335,689.14 to BDC Capital Inc., while unsecured creditors are reported at $9,802,769.16. A statement of assets as at 28 May 2013 totalled $8,833,000, chiefly accounts receivable. The proceeding remains active.
The officer filed report no. Interim Report under Section 246(2). The Receiver continues administering Multicom's estate, has filed a claim with the CRA under the Ontario Interactive Media Digital Tax Credit program, and notes that realizations to date may be insufficient to fully repay secured creditors, leaving nothing for other creditors.
The court granted an approval and vesting order. Court file CV-13-10131-00CL.
Source: approval and vesting order morawetz j june 14 2013.pdf
The court granted an interim order on 14 June 2013, appointing The Fuller Landau Group Inc. as receiver.
Source: approval and vesting order morawetz j june 14 2013.pdf
Debtor
Multicom Media Services Ltd.
Receiver
Fuller Landau
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Morawetz | Ontario Superior Court of Justice | 1 order, May 2013 | 130 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverFuller Landau | Davis LLP (now Dla Piper LLP) | 18 Jun 2013 | Service list · 18 Jun 2013 |
| ApplicantRoyal Bank of Canada | Aird & Berlis LLP | 18 Jun 2013 | Service list · 18 Jun 2013 |
| CreditorBDC Capital Inc | Borden Ladner Gervais LLP | 18 Jun 2013 | Service list · 18 Jun 2013 |
| CreditorMerit Paper & Bag Company Limited | Clark, Farb, Fiksel | 18 Jun 2013 | Service list · 18 Jun 2013 |
| CreditorRoyal Bank of Canada | Aird & Berlis LLP | 28 May 2013 | Order · 28 May 2013 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Royal Bank of Canada · in 556 casesGSA — debtor: Multicom Media Services Inc. · as of 28 May 2013 | $4.17M | receiver notice - multicom.pdf |
| 4 | Secured | BDC Capital Inc. · in 30 casesGSA — debtor: Multicom Media Services Inc. · as of 28 May 2013 | $336K | receiver notice - multicom.pdf |
| 4 | Secured | Carmela Cusma · in 2 casesPromissory Note — Individual creditor, possible related party — debtor: Multicom Media Services Inc. · as of 28 May 2013 | $269K | receiver notice - multicom.pdf |
| 4 | Secured | James Walsh · in 2 casesPromissory Note — Individual creditor, possible related party — debtor: Multicom Media Services Inc. · as of 28 May 2013 | $147K | receiver notice - multicom.pdf |
| 4 | Secured | NewPark Construction Inc. · in 2 casesPromissory Note — debtor: Multicom Media Services Inc. · as of 28 May 2013 | $102K | receiver notice - multicom.pdf |
| 4 | Secured | RDA Inc. · in 4 casesPromissory Note — debtor: Multicom Media Services Inc. · as of 28 May 2013 | $77.5K | receiver notice - multicom.pdf |
| 4 | Secured | Anthony Scarpino · in 2 casesPromissory Note — Individual creditor, possible related party — debtor: Multicom Media Services Inc. · as of 28 May 2013 | $50.8K | receiver notice - multicom.pdf |
| 4 | Secured | Doreen Iannuzzi · in 3 casesPromissory Note — Individual creditor, possible related party — debtor: Multicom Media Services Inc. · as of 28 May 2013 | $15.5K | receiver notice - multicom.pdf |
| 4 | Secured | Toyota Credit Canada Inc. · in 20 casesLease — Amount stated as 'Unknown' in document — debtor: Multicom Media Services Inc. · as of 28 May 2013 | — | receiver notice - multicom.pdf |
| 8 | Unsecured | Unsecured creditors (aggregate as reported) · in 532 casesDocument references itemized list in Appendix A, not included in these pages; individual creditors not named on the pages provided — debtor: Multicom Media Services Inc. · as of 28 May 2013 | $9.8M | receiver notice - multicom.pdf |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
Sale approvedapproval and vesting order morawetz j june 14 2013.pdf · 14 Jun 2013
| Purchaser | Price | Status | Source |
|---|---|---|---|
| end purchaser(s) at Maynards auction, unnamedthe Debtors' right, title and interest in and to some or all of the Fixed Assets as described in the Auction Agreement · auction | not stated | Approved14 Jun 2013 | approval and vesting order morawetz j june 14… |
As at 28 May 2013 · per Approximate net book value · Multicom Media Services Inc. (entity level, assets under receivership) — Figures stated in $000's; table shows Accounts receivable 8,672, Fixed assets 142, Cash in bank 11, Prepaids 8, Total 8,833 (in thousands)
Cumulative receipts
$35.5K
As at 28 May 2015Interim Report Under Section 246(2) to May 28, 2015
Cumulative disbursements
$21.5K
As at 28 May 2015Interim Report Under Section 246(2) to May 28, 2015
Professional fees to date
$10K
As at 28 May 2015Interim Report Under Section 246(2) to May 28, 2015
| Date | Document | File |
|---|---|---|
Interim Report Under Section 246(2) to May 28, 2015
| ||
| 246(2) Multicom to November 28, 2014 | ||
| 246(2) multicom to may 28-14.pdf | ||
| interim report under section 246(2) - multicom.pdf | ||
service list for website - updated june 18 2013.pdf
| ||
approval and vesting order morawetz j june 14 2013.pdf
| ||
endorsement morawetz j june 14 2013.pdf
| ||
receivership order morawetz j - multicom media may 28 2013 2.pdf
| ||
receiver notice - multicom.pdf
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Multicom Media Services Ltd.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/multicom-media-services-ltd
Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/multicom-media-services-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.