Northern Citadel Capital Inc., One8One Davenport Inc., and 181 Davenport Retail Inc.

Northern Citadel Capital Inc., One8One Davenport Inc. and 181 Davenport Retail Inc. have been under court-appointed receivership since October 31, 2022, when the Ontario Superior Court of Justice (Commercial List) appointed Richter Inc. as receiver and manager on the application of PricewaterhouseCoopers Inc., under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. The debtors carry on no active business activities. On information provided by the debtors, Northern Citadel reported book-value assets of $10,591,263, consisting of a receivable from Mizrahi Enterprises Inc., against secured liabilities of $57,119,483 owing to Bridging Finance Inc. as agent. One8One Davenport reported $10,100 in deposits with the City of Toronto against unsecured liabilities of $11,573,586. The receiver has not been provided with the debtors' books and records. The proceeding is active.