Multimedia Nova Corporation was placed in court-appointed receivership on 14 June 2013 by the Ontario Superior Court of Justice, 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 $1,448,133.19. A statement of assets as at 28 May 2013 totalled $9,700,000, including an intercompany receivable of $7,670,000. The proceeding remains active.
The officer filed report no. Interim Report under Section 246(2). The receiver continues to collect accounts receivable and sale proceeds, and based on realizations to date there may be insufficient funds to repay secured creditors, leaving nothing for other creditors.
The officer filed a report. The Receiver reports that accounts receivable and sale proceeds collections are continuing, and that based on realizations to date there may not be enough funds to repay the secured creditors, leaving nothing for other creditors.
Source: 246(2) Nova to November 28, 2014
The officer filed a report. The receiver is continuing to collect accounts receivable and sale proceeds. Realizations to date may not be sufficient to repay the secured creditors, leaving nothing for other creditors.
Source: 246(2) nova to may 28-14.pdf
The officer filed report no. Interim Report under Section 246(2). The Receiver has obtained court approval of its sales process and of the asset sale, and accounts receivable collection continues. Realizations will not be sufficient to repay secured creditors, so nothing will be available 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
Debtor
Multimedia Nova Corporation
Receiver
Fuller Landau
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Morawetz | Ontario Superior Court of Justice | 2 orders, May 2013 – Jun 2013 | 141 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverFuller Landau | Davis LLP (now DLA Piper (Canada) 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 584 casesGSA and Trade-Mark and Patent Security Agreement — debtor: Multimedia Nova Corporation · as of 28 May 2013 | $4.17M | receiver notice - nova.pdf |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured |
11 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansSale approved — Sale Process, Auction Agreement, and Transaction approved by the Courtapproval and vesting order morawetz j june 14 2013.pdf · 14 Jun 2013
| Purchaser | Price | Status | Source |
|---|---|---|---|
| purchaser(s) of Fixed Assets sold via auction, unnamedsome 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 ·
Cumulative receipts
$480K
As at 1 Sep 2015Interim Report Under Section 246(2) to May 28, 2015
Cumulative disbursements
As at
Cash on hand
As at
Professional fees
As at
3 more reported figures, and the total the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Interim Report Under Section 246(2) to May 28, 2015
| PDF · Subscribers | |
246(2) Nova to November 28, 2014
| PDF · Subscribers | |
246(2) nova to may 28-14.pdf
| PDF · Subscribers | |
interim report under section 246(2) - nova.pdf
| PDF · Subscribers | |
service list for website - updated june 18 2013.pdf
| PDF · Subscribers | |
approval and vesting order morawetz j june 14 2013.pdf
| PDF · Subscribers | |
endorsement morawetz j june 14 2013.pdf
| PDF · Subscribers | |
receiver notice - nova.pdf
| PDF · Subscribers | |
receivership order morawetz j - multicom media may 28 2013 2.pdf
| 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., “Multimedia Nova Corporation” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/multimedia-nova-corporation
Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/multimedia-nova-corporation
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.