Proceedings.

Paramount Equity Financial Corporation et al.

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Active
Proceeding
Receivership (court-appointed)section 129 of the Securities Act, R.S.O. 1990, c. S.5, as amended
Court
Ontario Superior Court of Justice
File
CV-17-11818-00CL
Filings held164
Last activity26 Aug 2026
On the record733 days
OverviewSummary updated

Paramount Equity Financial Corporation and other respondents are the subject of insolvency proceedings in the Ontario Superior Court of Justice (Commercial List), under court file number CV-17-11818-00CL, brought by the Ontario Securities Commission under section 129 of the Securities Act. The Commission's application was filed May 25, 2017, and on June 7, 2017 the court appointed Grant Thornton Limited as interim receiver.

Claims processIf you are owed money

A claims procedure has been established — see the order for deadlines.

Per the Claims Procedure Order of Justice Conway dated October 6, 2017 dated 6 October 2017.

Proceedings AIAsk this case — answers cite the filings
Ask in plain language. The answer comes only from this case’s filings, each one cited.
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Case updates160 dated entries · 4 undated
#Report

The officer filed report no. Fourth Report. 239 and 248 were real estate holding companies whose only assets were the Simcoe and 326 Dacey Properties, both now sold with no recoveries beyond senior mortgagees; the Receiver reports no further realizable assets and seeks authorization to assign both companies into bankruptcy to preserve BIA remedies regarding prior fund transfers.

Source: Fourth Report of the Receiver dated March 12, 2020.pdf

#Sale

The court granted an approval and vesting order for the sale to 2661694 Ontario Inc. Closing terms, as extracted: Vesting effective upon delivery of the Receiver's Certificate confirming payment of the Purchase Price and satisfaction of closing conditions. Sealed: Confidential appendices to the Receiver's First Report.

Source: Order dated October 25, 2018 - Simcoe Approval and Vesting Order.PDF

#Sale

The court granted an approval and vesting order for the sale to the right, title and interest of PACC Scugog Corporation (the "Debtor") in and to the Purchased Interest as such term is defined in the Sale Agreement (the "Purchased Assets"). Closing terms, as extracted: vesting effective upon delivery of Receiver's Certificate confirming payment of the Purchase Price and satisfaction/waiver of closing conditions.

Source: Approval and Vesting Order of Justice Conway dated November 17, 2017

#Sale

The court granted an approval and vesting order for the sale to Shield Investments Inc. Closing terms, as extracted: Vesting effective upon delivery of the Receiver's Certificate confirming payment of purchase price, satisfaction/waiver of closing conditions, and completion of the Transaction. Sealed: unredacted copy of the Sale Agreement.

Source: Approval and Vesting Order of Justice Conway dated October 6, 2017

Undated filings4 — no date appears on the document · show
—
Report

Brockville Property Claims Package.pdf — Court officer report filed

PDF

—
Filing

Responding Motion Record returnable Oct 6- 2017.pdf — Application filed

PDF

—
Filing

Statement of Defence - Garfinkle Biderman LLP and Barry Polisuk.pdf — Application filed

PDF

—
Filing

Statement of Defence of Mizzi and Related Companies.pdf — Application filed

PDF

AnalysisAll insights⁠

Case update

Paramount Equity: bankruptcy applications on a $16.2 million judgment

Grant Thornton, as trustee of five bankrupt borrowers that borrowed about $45 million of Paramount investor money, has applied to bankrupt Enzo and Filippo Mizzi for $16,700,952.50 in unappealed judgment and costs, the product of Justice Myers's April ruling that $16,200,952.50 left those borrowers as transfers at undervalue; their sister, Mary Campisi, has appealed and filed a notice of intention.

Parties

Debtor

Paramount Equity Financial Corporation et al.

Receiver

Doane Grant Thornton

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice HaineyOntario Superior Court of Justice20 orders, Jun 2017 – Apr 2020196 cases on record
Justice ConwayOntario Superior Court of Justice7 orders, Oct 2017 – Aug 2024285 cases on record
Justice KimmelOntario Superior Court of Justice5 orders, Oct 2023 – Dec 2023182 cases on record
Justice MyersOntario Superior Court of Justice4 orders, Apr 2026 – May 2026103 cases on record
Justice PennyOntario Superior Court of Justice4 orders, Aug 2017 – Oct 2018179 cases on record
Justice HaneyOntario Superior Court of Justice3 orders, Apr 20186 cases on record
1 more judge on the docket

Counsel of record

PartyCounselFirst seenSource
ReceiverDoane Grant ThorntonChaitons LLP23 Apr 2018Order · 23 Apr 2018
ApplicantChaitons LLP21 Oct 2021Endorsement · 21 Oct 2021
DebtorParamount Equity Financial Corporation et al.Kestenberg Siegal Lipkus LLP21 Oct 2021Endorsement · 21 Oct 2021
CreditorMizzi OwnersKramer Simaan Dhillon LLP11 Jul 2018Affidavit · 11 Jul 2018
CreditorSilverfern InvestorsDS Avocats Canada s.e.n.c.r.l., s.r.l. · Regent Law P.c.30 Nov 2018Application · 30 Nov 2018
Sale processAs stated in the filings

13 transactions · 8 approved · 2 not completed · 2 closed · 1 proposed — Update on the Cambridge Property sale process and request for approval of the Cambridge Sale AgreementFourth Report of the Receiver dated September 9, 2019 - 310 Dacey,… · 9 Sep 2019

Qualified bids

3

Fourth Report of the Receiver dated September 9, 2019 -…

PurchaserPriceStatusSource
Shield Investments Inc.the rights, title and interest of Paramount Equity Financial ... (the "Purchased Assets") · real property · nominee/assignee: its nominee · agreement 18 Aug 2017SealedApproved6 Oct 2017Approval and Vesting Order of Justice Conway…
Aleria Capital Inc.the assets described in the Sale Agreement (the "Purchased Assets") · real property · nominee/assignee: in trust for a limited partnership · agreement 18 Jan 2018not statedApproved17 Nov 2017Approval and Vesting Order of Justice Conway…
Kasal Kailashthe Simcoe Property · real property · nominee/assignee: a company to be formed · agreement 30 Aug 2018Sealedthe purchase price is payable in cash; unredacted agreement and offer summary filed as confidential appendicesApprovedFirst Report to the Court dated October 18,…
2661694 Ontario Inc.the right, title and interest of the Debtor in and to the assets described in the Sale Agreement, including the Property (the "Purchased Assets") · real property · agreement 30 Aug 2018not statedApproved25 Oct 2018Order dated October 25, 2018 - Simcoe Approval…
1006056 Ontario Limitedthe assets described in the Sale Agreement (the "Purchased Assets") · real property · agreement 20 Aug 2018not statedApproved30 Nov 2018Order Dated November 30, 2018 - Thorold…
I-PARK SSM Inc.the Debtor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") · real property · agreement 10 Apr 2019not statedApproved3 May 2019Aprproval and Vesting Order dated May 3, 2019…
2615369 Ontario Inc.the sale of the Cambridge Property · real property · agreement 2 Apr 2019SealedProposedFourth Report of the Receiver dated September…
the party who submitted the best offer from the Round 1 Offers, unnamedthe Cambridge Property · real propertynot statedNot completedFourth Report of the Receiver dated September…
the Second Purchaser, unnamedthe Cambridge Property · real propertynot statedNot completedFourth Report of the Receiver dated September…
purchaser of the Maple Property, unnamedthe Maple Property · real propertynot statedClosed28 Sep 2018Fourth Report of the Receiver dated September…
purchaser of the 310 Dacey Property, unnamedthe 310 Dacey Property · real propertynot statedas part of the purchase price, the purchaser assumed part of the first mortgage in the amount of $1.25 million; the balance was paid in cashClosed8 May 2019Fourth Report of the Receiver dated September…
Vitmont Holdings (Barrie) Inc.the assets described in the Sale Agreement (the "Purchased Assets") · real property · agreement 18 Nov 2019not statedApproved18 Mar 2020Order dated March 18, 2020 - Mulcaster Approval…
unnamedthe rights, title and interest of PACC Mulcaster Corporation in and to the purchased assets · asset sale · agreement 10 Aug 2019not statedApproved18 Mar 2020Order dated March 18, 2020 - General Relief.PDF
AdvisorsPrimecorp Commercial Realty Brokerage (listing broker); Exit Realty Lake Superior, Brokerage (listing broker); CBRE Limited (listing broker)Fourth Report of the Receiver dated September 9, 2019 - 310 Dacey,…
Closing termsVesting effective upon delivery of the Receiver's Certificate confirming payment and satisfaction of conditionsAprproval and Vesting Order dated May 3, 2019 (326 Dacey sale).PDF
Sealed materialsunredacted copy of the Sale Agreement; Confidential appendices to the Receiver's First Report; Confidential Appendix to the Report; Confidential Appendices to the ReportApproval and Vesting Order of Justice Conway dated October 6, 2017
Documents
164 filings
DateDocumentFile
Application for Bankruptcy Order to Enzo Mizzi dated August 26, 2026.pdfPDF
Application for Bankruptcy Order to Filippo Mizzi dated August 25, 2026.pdf
  • Counsel Chaitons LLP
PDF
Factum of the Appellant Mary Campisi dated June 12, 2026.pdfPDF
Order dated May 25, 2026.pdf
  • Counsel Chaitons LLP
  • Presiding officer Justice F.L. Myers
PDF
Notice of Appeal dated May 11, 2026.pdfPDF
Appellant Certificate dated May 5, 2026.pdfPDF
Notice of Appeal dated May 5, 2026.pdfPDF
Judgment of Justice Myers dated April 27, 2026.pdf
  • Presiding officer Justice Myers
PDF
Order Amending Style of Cause of Justice Myers dated April 27, 2026.pdf
  • Presiding officer Justice Myers
PDF
Brief of Authorities of Grant Thornton Limited (Application returnable April 22, 2026).pdf
  • Counsel Chaitons LLP
PDF
Endorsement of Justice FL Myers dated April 22, 2026.pdf
  • Presiding officer Justice F.L. Myers
PDF
Factum of Grant Thornton Limited (Application returnable April 22, 2026).pdf
  • Counsel Chaitons LLP
PDF
Receiver's Certificate dated September 18, 2024.pdfPDF
Endorsement of Justice Conway dated August 16, 2024.pdf
  • Presiding officer Justice Conway
PDF
Judgement of Justice Conway dated August 16, 2024.pdf
  • Presiding officer Justice Conway
PDF
Supplementary Motion Record of the Receiver returnable August 16, 2024.pdf
  • Counsel Chaitons LLP
PDF
Endorsement of Justice Conway dated August 14, 2024.pdf
  • Presiding officer Justice Conway
PDF
Motion Record of the Receiver Returnable August 14, 2024.pdfPDF
Endorsement of Notice Order by Justice Kimmel dated December 8, 2023.Pdf
  • Presiding officer Justice Kimmel
PDF
Motion Record of the Receiver Returnable December 8, 2023.pdfPDF
Notice Order of Justice Kimmel dated December 8, 2023.PDF
  • Presiding officer Justice Kimmel
PDF
Notice to Investors of Litigation Settlement and Claims Bar Date.pdfPDF
Order of Justice Kimmel dated December 8, 2023.PDF
  • Presiding officer Justice Kimmel
PDF
Litigation Update dated December 4, 2023.pdfPDF
Endorsement of Justice Kimmel dated October 30, 2023.PDF
  • Presiding officer Justice Kimmel
PDF
Factum of the Receiver - Motion returnable October 30, 2023.pdfPDF
Motion Record of the Receiver Returnable October 30, 2023.pdfPDF
Order of Justice Kimmel dated October 30, 2023.PDF
  • Presiding officer Justice Kimmel
PDF
Litigation Update dated October 20, 2023.pdfPDF
Motion Record Returnable June 21, 2022.pdfPDF
Motion Record of the Receiver Returnable May 3, 2022.pdfPDF
Motion Record Returnable December 2, 2021.pdfPDF
Motion Record Returnable November 17, 2021.pdfPDF
Endorsement, Grant Thornton v. Garfinkle Biderman, October 21, 2021.pdf
  • Counsel Kestenberg Siegal Lipkus LLP
PDF
Service List as at October 15, 2021.DOCXPDF
Endorsement of Justice Hainey - Apr 23 2020.pdf
  • Presiding officer Justice Hainey
PDF
Order - April 23, 2020 (Authority to Bankrupt).pdf
  • Presiding officer Justice Hainey
PDF
Endorsement of Justice Hainey dated March 18, 2020.PDF
  • Presiding officer Justice Hainey
PDF
Motion Record of the Receiver Returnable March 18, 2020.pdfPDF
Order dated March 18, 2020 - General Relief.PDF
  • Order date 18 March 2020
  • Purchaser unnamed purchaser · the rights, title and interest of PACC Mulcaster Corporation in and to the purchased assets · asset sale · approved
PDF
Order dated March 18, 2020 - Mulcaster Approval and Vesting Order.PDF
  • Order date 18 March 2020
  • Purchaser Vitmont Holdings (Barrie) Inc. · the assets described in the Sale Agreement (the "Purchased Assets") · real property · approved
PDF
Fourth Report of the Receiver dated March 12, 2020.pdf
  • Financial position per unaudited financial information relied upon by the Receiver; no opinion expressed under GAAP or IFRS · entity-level, 2398035 Ontario Inc. and 2488123 Ontario Ltd. (the Debtors), non-consolidated — Receiver states the Debtors have no remaining realizable assets following the sale of the Simcoe Property and 326 Dacey Property, and that there are millions of dollars owing to mortgagees with no further assets available to satisfy these debts (no specific liability figure given).
  • Operational summary 239 and 248 were real estate holding companies whose only assets were the Simcoe and 326 Dacey Properties, both now sold with no recoveries beyond senior mortgagees; the Receiver reports no further realizable assets and seeks authorization to assign both companies into bankruptcy to preserve BIA remedies regarding prior fund transfers.
  • Report date 12 March 2020
  • Report no Fourth Report
PDF
Frequently Asked Questions and Answers – January 29, 2020.pdfPDF
Motion Record of the Receiver Returnable January 21, 2020.pdfPDF
Statement of Claim against Garfinkle Biderman and Barry Polisuk – December 5, 2019.PDFPDF
Statement of Claim against Mizzi and Related Companies – December 5, 2019.PDFPDF
Endorsement of Justice Dietrich Dated November 21, 2019.PDF
  • Presiding officer Justice Dietrich
PDF
Order - November 21, 2019 (Approving Sechelt Participation Agreement).PDF
  • Counsel Chaitons LLP
  • Presiding officer Justice Situk
PDF
Order and Endorsement dated November 18, 2019 - Burdon Bankruptcy Stay Lift.PDFPDF
Motion Record of the Receiver Returnable November 1, 2019 – Sechelt Participation Agreement.PDFPDF
Motion Record of the Receiver Returnable September 16, 2019.pdfPDF
Fourth Report of the Receiver dated September 9, 2019 - 310 Dacey, Cambridge, Maple.pdf
  • Closing confirmed Closed · 28 Sep 2018; Closed · 8 May 2019
  • Process results 3 qualified bids · 3 bids · as of 6 Nov 2018
  • Purchaser 2615369 Ontario Inc. · the sale of the Cambridge Property · real property · price sealed · proposed; the party who submitted the best offer from the Round 1 Offers, unnamed · the Cambridge Property · real property · not completed; the Second Purchaser, unnamed · the Cambridge Property · real property · not completed; purchaser of the Maple Property, unnamed · the Maple Property · real property · closed; purchaser of the 310 Dacey Property, unnamed · the 310 Dacey Property · real property · closed
  • Sale advisor CBRE Group Inc. (listing broker)
  • + 1 more extracted fact
PDF
Service List as at August 19, 2019.docxPDF
Endorsement of Justice Hainey dated June 20, 2019.PDF
  • Presiding officer Justice Hainey
PDF
Order of Justice Hainey dated June 20, 2019 - Disbribution.PDF
  • Presiding officer Justice Hainey
PDF
Paramount Group Service List as of June 11, 2019.DOCXPDF
Endorsement of Justice Hainey dated May 22, 2019 (MCF Motion Adjournment).PDF
  • Presiding officer Justice Hainey
PDF
Aprproval and Vesting Order dated May 3, 2019 (326 Dacey sale).PDF
  • Closing terms Vesting effective upon delivery of the Receiver's Certificate confirming payment and satisfaction of conditions
  • Order date 3 May 2019
  • Purchaser I-PARK SSM Inc. · the Debtor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") · real property · approved
  • Sale outcome Sale approved — Transaction approved and vesting order granted for the 326 Dacey Property
  • + 1 more extracted fact
PDF
Discharge Order dated May 3, 2019 (Simcoe and 326 Dacey).PDF
  • Counsel Chaitons LLP
PDF
Endorsement of Justice Hainey dated May 3, 2019 (326 Dacey sale).PDF
  • Presiding officer Justice Hainey
PDF
Third Report of the Receiver dated April 25, 2019 - 310 Dacey, Cambridge, Maple.pdfPDF
Third Report of the Receiver dated April 25, 2019 - 326 Dacey, Simcoe.pdfPDF
Statement of Claim against the Paramount Group Principals - March 1, 2019.PDFPDF
Motion Record of the Receiver Returnable February 21, 2019.pdfPDF
Endorsement of Justice Hainey dated December 19, 2018.PDF
  • Presiding officer Justice Hainey
PDF
Order of Justice Hainey dated December 19, 2018 - Approval of Brockville Settlement.PDF
  • Presiding officer Justice Hainey
PDF
Endorsement of Justice Dunphy dated December, 14 2018 (Brockville).PDF
  • Presiding officer Justice Dunphy
PDF
Motion Record of the Receiver Returnable December 14, 2018 (Brockville Property).PDFPDF
Endorsement of Justice Hainey dated November 30, 2018 - Simcoe and 326 D....pdf
  • Presiding officer Justice Hainey
PDF
Endorsement of Justice Hainey dated November 30, 2018.PDF
  • Presiding officer Justice Hainey
PDF
Motion Record of Representative Counsel Returnable November 30, 2018.pdf
  • Counsel Regent Law P.c.
PDF
Motion Record of the Receiver Returnable November 30, 2018.pdfPDF
Order Dated November 30, 2018 - Thorold Approving and Vesting Order.PDF
  • Closing terms Vesting occurs upon delivery of the Receiver's Certificate confirming payment of the Purchase Price and satisfaction of closing conditions.
  • Purchaser 1006056 Ontario Limited · the assets described in the Sale Agreement (the "Purchased Assets") · real property · approved
  • Sale outcome Sale approved — the Transaction is hereby approved
  • Sealed items Confidential Appendix to the Report
PDF
Order dated November 30, 2018 - Fee Approval (Simcoe and 326 Dacey).pdf
  • Presiding officer Justice Hainey
PDF
Order dated November 30, 2018 - General Relief.PDF
  • Presiding officer Justice Hainey
PDF
Application Record of Brockville Mortgage Returnable November 26, 2018.pdfPDF
Second Report of the Receiver dated November 14, 2018 - 310 Dacey, Cambridge, Maple.pdfPDF
Second Report of the Receiver dated November 14, 2018 - 326 Dacey, Simcoe.pdfPDF
Endorsement of Justice Penny dated October 25, 2018 - Simcoe Sale and Approval.PDF
  • Presiding officer Justice Penny
PDF
Order dated October 25, 2018 - General Relief.PDF
  • Counsel Chaitons LLP
PDF
Order dated October 25, 2018 - Simcoe Approval and Vesting Order.PDF
  • Closing terms Vesting effective upon delivery of the Receiver's Certificate confirming payment of the Purchase Price and satisfaction of closing conditions
  • Order date 25 October 2018
  • Purchaser 2661694 Ontario Inc. · the right, title and interest of the Debtor in and to the assets described in the Sale Agreement, including the Property (the "Purchased Assets") · real property · approved
  • Sealed items Confidential appendices to the Receiver's First Report
PDF
First Report to the Court dated October 18, 2018 - 326 Dacey, Simcoe.pdf
  • Process results 3000 solicited · 47 NDAs · 3 qualified bids · 3 bids
  • Purchaser Kasal Kailash · nominee/assignee a company to be formed · the Simcoe Property · real property · price sealed · approved
  • Sale advisor Primecorp Commercial Realty Brokerage (listing broker); Exit Realty Lake Superior, Brokerage (listing broker)
  • Sale outcome Approval pending — Simcoe-326 Receiver requests approval of the Simcoe Sale Agreement
PDF
Update Letter to Investors - October 5, 2018.pdfPDF
Endorsement of Justice Hainey dated September 18, 2018 - Disallowance of Mizzi Disputed Claims.pdf
  • Presiding officer Justice Hainey
PDF
First Report of the Receiver dated September 5, 2018 - 310 Dacey, Cambridge, Maple.pdfPDF
Brief of Authorities of the Receiver, for the Motion Returnable August 20, 2018 (Mizzi Claims).PDFPDF
Compendium of the Receiver, for the Motion Returnable August 20, 2018 (Mizzi Claims).PDFPDF
Factum of the Applicants (Mizzi Companies) - Motion Returnable August 20, 2018.pdfPDF
Factum of the Receiver, for the Motion Returnable August 20, 2018 (Mizzi Claims).PDF
  • Counsel Chaitons LLP
PDF
Brief of Authorities of the Receiver (Wesbrooke Claim) Returnable August 2, 2018.PDFPDF
Endorsement of Justice Dunphy Dated August 2, 2018 - Wesbrooke Claim.PDF
  • Presiding officer Justice Dunphy
PDF
Factum of the Receiver (Wesbrooke Claim) - Motion Returnable August 2, 2018.PDF
  • Counsel Wesbrooke's Claim CHAITONS LLP
PDF
Motion Record of the Receiver Returnable August 2, 2018 - Disallowing the Claim of Wesbrooke Living By The Sea Ltd..pdfPDF
Order dated August 2, 2018 - Wesbrooke Claim.PDF
  • Counsel Chaitons LLP
PDF
Endorsement of Justice Hainey dated July 12, 2018 - Wilson Receivership.pdf
  • Presiding officer Justice Hainey
PDF
Motion Record of the Receiver Returnable July 12, 2018.pdfPDF
Affidavit of Christina Clark for the application returnable July 11, 2018.PDF
  • Counsel Chaitons LLP
PDF
Affidavit of Gwendolyn Adrian for the Motion Returnable July 11, 2018.pdf
  • Counsel Kramer Simaan Dhillon LLP
PDF
Brief of Authorities of the Receiver (Virk Hospitality Corp.) Returnable July 11, 2018.PDFPDF
Compendium of Documents to the Receiver's Factum (Virk Hospitality Corp.) Returnable July 11, 2018.PDFPDF
Factum and Book of Authorities of Virk Hospitality Corp for the Motion Returnable July 11, 2018.pdfPDF
Factum of the Receiver - Motion Returnable July 11, 2018 [Receivership of Virk Hospitality Inc.].PDFPDF
Motion Record of the Receiver Returnable July 9, 2018.PDFPDF
Endorsement of Justice Hainey dated June 28, 2018.PDF
  • Presiding officer Justice Hainey
PDF
Frequently Asked Questions and Answers - June 14, 2018.pdfPDF
Endorsement of Justice Hainey dated June 12, 2018.PDF
  • Presiding officer Justice Hainey
PDF
Motion Record of the Receiver Returnable June 12, 2018 - Requiring Enzo Mizzi to disclose certain information.PDF
  • Counsel Chaitons LLP
PDF
Order dated June 12, 2018 - Interim Relief Motion (Wilson Receivership).pdf
  • Counsel Chaitons LLP
  • Presiding officer Justice Hainey
PDF
Supplementary Affidavit of Enzo Mizzi Sworn May 11, 2018.pdfPDF
Memo to the Silverfern Investors from the Silverfern Investors Committee dated April 30, 2018.pdfPDF
Endorsement of Justice Wilton-Siegel dated April 23, 2018.pdf
  • Presiding officer Justice Wilton-Siegel
PDF
Order dated April 23, 2018 - Discharge of the Butternut and Goulais Charges and Production of Documents by Mizzi.pdfPDF
Order dated April 23, 2018 – Receiverships.pdf
  • Counsel Chaitons LLP
PDF
Responding Motion Record of the Mizzi Owners and Enzo Mizzi, Returnable April 23, 2018.pdfPDF
Endorsement of Justice Haney dated April 10, 2018 - Appointment of Representative Counsel.pdf
  • Presiding officer Justice Haney
PDF
Endorsement of Justice Haney dated April 10, 2018 - General Relief.PDF
  • Presiding officer Justice Haney
PDF
Endorsement of Justice Haney dated April 10, 2018 - Receiverships.PDF
  • Presiding officer Justice Haney
PDF
Factum of the Receiver - Motion Returnable April 10, 2018 [General Relief].pdfPDF
Factum of the Receiver - Motion to Appoint Receiver Returnable April 10, 2018.pdfPDF
Motion Record of Regent Law Returnable April 10, 2018 – Appointing Representative Counsel for the Silvefern Investors.pdfPDF
Motion Record of the Receiver Returnable April 10, 2018 - Appointment of Receiver over Multi-Res Properties.pdfPDF
Motion Record of the Receiver Returnable April 10, 2018.PDFPDF
Order dated April 10, 2018 - Appointment of Representative Counsel.pdfPDF
Order dated April 10, 2018 - General Relief.PDFPDF
Order dated April 10, 2018 - Mulcaster Aproval and Vesting Order.PDF
  • Closing terms Vesting effective upon delivery of Receiver's Certificate confirming payment of Purchase Price and satisfaction/waiver of closing conditions
  • Order date 10 April 2018
  • Purchaser Aleria Capital Inc. · nominee/assignee in trust for a limited partnership · the right, title and interest of PACC Mulcaster Corporation (the "Debtor") in and to the assets described in the Sale Agreement (the "Purchased Assets") · real property · approved
PDF
Order dated April 10, 2018 - Receiverships.pdfPDF
Order dated April 10, 2018 - Thorold Approval and Vesting Order.PDF
  • Closing terms Vesting effective upon delivery of Receiver's Certificate confirming payment of Purchase Price and satisfaction of closing conditions
  • Order date 10 April 2018
  • Purchaser Aleria Capital Inc. · the assets described in the Sale Agreement (the "Purchased Assets") · real property · approved
  • Sale outcome Sale approved — Court approved the Transaction under the Sale Agreement for the Thorold Property
PDF
Supplementary Affidavit of Louis Sapi in respect of the motion to appoint Regent Law as Representative Counsel.pdfPDF
Mulcaster Property Update - February 23, 2018.pdfPDF
Thorold Property Update - February 13, 2018.pdfPDF
Minutes of Town Hall Meeting - February 7, 2018.pdfPDF
Dacey Property Update - February 5, 2018.pdfPDF
Major Mack Property Update - February 5, 2018.pdfPDF
Sechelt Property Update - February 5, 2018.pdfPDF
Goulais Property Update - January 22, 2018.pdfPDF
Maple Property Update - January 22, 2018.pdfPDF
Notice to Investors dated January 22, 2018 of Town Hall Meeting Scheduled for February 7, 2017.pdfPDF
Simcoe Property Update - January 22, 2018.pdfPDF
Wilson Property Update - January 22, 2018.pdfPDF
Frequently Asked Questions and Answers - December 7, 2017.pdfPDF
Approval and Vesting Order of Justice Conway dated November 17, 2017
  • Closing terms vesting effective upon delivery of Receiver's Certificate confirming payment of the Purchase Price and satisfaction/waiver of closing conditions
  • Order date 17 November 2017
  • Purchaser purchaser name is OCR-garbled/illegible in operative text; corporate purchaser entity referenced but not clearly rendered · the right, title and interest of PACC Scugog Corporation (the "Debtor") in and to the Purchased Interest as such term is defined in the Sale Agreement (the "Purchased Assets") · real property · approved
  • Sale outcome Sale approved — the Transaction is hereby approved
PDF
Motion Record of the Receiver, Returnable November 17, 2017.pdfPDF
Order of Justice Conway dated November 17, 2017
  • Presiding officer Justice Conway
PDF
Approval and Vesting Order of Justice Conway dated October 6, 2017
  • Closing terms Vesting effective upon delivery of the Receiver's Certificate confirming payment of purchase price, satisfaction/waiver of closing conditions, and completion of the Transaction.
  • Order date 6 October 2017
  • Purchaser Shield Investments Inc. · nominee/assignee its nominee · the rights, title and interest of Paramount Equity Financial ... (the "Purchased Assets") · real property · price sealed · approved
  • Sale outcome Sale approved — Transaction approved and vesting order granted
  • + 1 more extracted fact
PDF
Claims Procedure Order of Justice Conway dated October 6, 2017
  • Presiding officer Justice Conway
PDF
Endorsement of Justice Conway dated October 6, 2017
  • Presiding officer Justice Conway
PDF
General Relief Order of Justice Conway dated October 6, 2017
  • Presiding officer Justice Conway
PDF
Motion Record of the Receiver Returnable October 6, 2017.pdfPDF
Frequently Asked Questions - August 24, 2017.pdfPDF
Notice to Investors - August 8, 2017PDF
Endorsement of Justice Penny dated August 2, 2017
  • Presiding officer Justice Penny
PDF
Order of Justice Penny dated August 2, 2017 (Appointing Receiver)
  • Presiding officer Justice Penny
  • Proceeding type receivership_court
  • Statutory basis section 129 of the Securities Act, R.S.O. 1990, c. S.5, as amended
PDF
Unofficial Transcribed Endorsement of Justice Penny dated August 2, 2017
  • Presiding officer Justice Penny
PDF
Endorsement of Justice Hainey dated June 7, 2017 (Appointing Interim Receiver)
  • Presiding officer Justice Hainey
PDF
Order of Justice Hainey dated June 7, 2017 (Appointing Interim Receiver)
  • Applicant ONTARIO SECURITIES COMMISSION
  • Appointee Grant Thornton Limited
  • Appointee role Interim Receiver
  • Commencement date 7 June 2017
  • + 4 more extracted facts
PDF
Responding Application Record of the Respondents dated June 6 2017.pdfPDF
Application Record of the Ontario Securities Commission. Vol 1.pdf
  • Applicant ONTARIO SECURITIES COMMISSION
  • Commencement date 25 May 2017
  • Court ONTARIO SUPERIOR COURT OF JUSTICE COMMERCIAL LIST
  • Statutory basis Section 129 of the Securities Act, R.S.O. 1990, c. S.5, as amended
PDF
Application Record of the Ontario Securities Commission. Vol 2_Redacted.pdfPDF
Application Record of the Ontario Securities Commission. Vol 3.pdf
  • Applicant ONTARIO SECURITIES COMMISSION
  • Commencement date 25 May 2017
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no CV-17-11818-00CL
  • + 2 more extracted facts
PDF
Cambridge Property Update - January 22, 2017.pdfPDF
Brockville Property Claims Package.pdfPDF
Responding Motion Record returnable Oct 6- 2017.pdfPDF
Statement of Defence - Garfinkle Biderman LLP and Barry Polisuk.pdfPDF
Statement of Defence of Mizzi and Related Companies.pdfPDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Paramount Equity Financial Corporation et al.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/paramount-equity-financial-corporation-et-al

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Sources last checked · summary updated 6 September 2026 · Report a correction · Printed from proceedings.ca/case/paramount-equity-financial-corporation-et-al

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.