Muskoka Beach Development Inc.
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, and section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43
- File
- CV-23-00710162-00CL
- Industry
- Real estate · Rental & income property
Muskoka Beach Development Inc. is in receivership, Rosen Goldberg Inc. having been appointed receiver and manager by order of the Ontario Superior Court of Justice dated December 8, 2023 under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. Bank of Montreal brought the application and is recorded as a secured creditor for $1,073,013.00; Magenta Capital Corporation, through Magenta Mortgage Corporation's Perth office, is recorded for $1,554,987.00. The proceeding is carried in court file CV-23-00710162-00CL and remains active.
Appointed Rosen Goldberg Inc. receiver and manager of Muskoka Beach Development on Bank of Montreal's application, taking the company's property into the receiver's hands.
Source: Court Order appointing Receiver
Debtor
Muskoka Beach Development Inc.
Receiver
Rosen Goldberg
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Magenta Capital Corporation (Magenta Mortgage Corporation - Perth Office)debtor: Muskoka Beach Developments Inc. | $1.55M | Receiver's initial report |
| Secured |
1 more claim in 1 class The stack holds Secured claims.
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See all plansThis 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.
| Date | Document | File |
|---|---|---|
Motion Record September 16, 2024
| PDF · Subscribers | |
Court Order appointing Receiver
| PDF · Subscribers | |
Receiver's initial report
| 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., “Muskoka Beach Development Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/muskoka-beach-development-inc