Phe-Naz Inc.
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, and section 101 of the Courts of Justice Act
- File
- CV-23-00701232-00CL
- Industry
- Real estate · Rental & income property
Phe-Naz Inc. is the subject of a court-appointed receivership in the Ontario Superior Court of Justice (Commercial List), with The Fuller Landau Group Inc. appointed receiver and manager on the application of DUCA Financial Services Credit Union Ltd. under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act (court file CV-23-00701232-00CL). DUCA holds a first-ranking charge over the Gore and Huron Properties (registered principal $1,793,000) and is owed $831,771.52 on Loan A and $886,330.93 on Loan B. Nazem Kadri, the debtor's principal, provided an unconditional guarantee, and the Bank of Nova Scotia holds PPSA registrations over two Mercedes-Benz G-Class vehicles.
Motion Record - Receiver - The Fuller Landau Group Inc. - 29-Jul-2024 — Application / notice of application
Motion Record - Receiver - The Fuller Landau Group Inc. 14-JUN-2024 (003) — Application / notice of application
Debtor
Phe-Naz Inc.
Receiver
Fuller Landau
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Cavanagh | Ontario Superior Court of Justice | 2 orders, Mar 2024 | 318 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverFuller Landau | Cassels Brock & Blackwell LLP | 21 Jun 2024 | Order · 21 Jun 2024 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | DUCA Financial Services Credit Union Ltd. · in 19 casesFirst-ranking charge/mortgage (registered principal $1,793,000, blanketed over the Gore and Huron Properties, registered March 5, 2021); general assignment of rents; general security agreement — Loan B; per diem interest of $89.35 accruing after this date — debtor: Phe-Naz Inc. · as of 13 Apr 2023 | $886K | Motion Record - Returnable March 11, 2024 |
| Secured | |||
| Secured | |||
| Secured |
3 more claims in 1 class The stack holds Secured claims.
Every creditor and every amount, drawn to scale.
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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.
5 engagements · 2 firms — latest: Cassels Brock & Blackwell LLP, 3 Jun – 26 Jul 2024Motion Record - Receiver - The Fuller Landau Group Inc. - 29-Jul-2024 · 29 Jul 2024
| Firm | Period | Hours | Fees | Rates | Source | |||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cassels Brock & Blackwell LLPCounsel to the receiverperiod 3 of 3 | 3 Jun – 26 Jul 2024 | — | — | 8 people | Motion Record - Receiver - The Fuller Landau Group Inc. - 29-Jul-2024 · 29 Jul 2024 | |||||||||||||||||||||||||||||||||||||||||||||
8 people — Cassels Brock & Blackwell LLP, 3 Jun – 26 Jul 2024 · 24 blurred figures
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| Cassels Brock & Blackwell LLPCounsel to the receiverperiod 3 of 3 | to 26 Jul 2024 | 4 people | Motion Record - Receiver - The Fuller Landau Group Inc. - 29-Jul-2024 · 29 Jul 2024 | |||||||||||||||||||||||||||||||||||||||||||||||
4 people — Cassels Brock & Blackwell LLP, to 26 Jul 2024 · 12 blurred figures
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| Cassels Brock & Blackwell LLPCounsel to the receiverperiod 1 of 3 | 3 Jun – 25 Jun 2024 | 6 people | Motion Record - Receiver - The Fuller Landau Group Inc. - 29-Jul-2024 · 29 Jul 2024 | |||||||||||||||||||||||||||||||||||||||||||||||
6 people — Cassels Brock & Blackwell LLP, 3 Jun – 25 Jun 2024 · 18 blurred figures
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| The Fuller Landau Group Inc.Receiverperiod 2 of 2 | 1 Jul – 26 Jul 2024 | — | 3 people | Motion Record - Receiver - The Fuller Landau Group Inc. - 29-Jul-2024 · 29 Jul 2024 | ||||||||||||||||||||||||||||||||||||||||||||||
| The Fuller Landau Group Inc.Receiverperiod 1 of 2 | 1 Jun – 30 Jun 2024 | — | 3 people | Motion Record - Receiver - The Fuller Landau Group Inc. - 29-Jul-2024 · 29 Jul 2024 | ||||||||||||||||||||||||||||||||||||||||||||||
77 blurred figures above
What each firm billed, and each person’s hours and rate — each as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Order
| PDF · Subscribers | |
Motion Record - Receiver - The Fuller Landau Group Inc. - 29-Jul-2024
| PDF · Subscribers | |
Order - W.D. Black J - 21-JUN-2024
| PDF · Subscribers | |
Motion Record - Receiver - The Fuller Landau Group Inc. 14-JUN-2024 (003)
| PDF · Subscribers | |
Endorsement
| PDF · Subscribers | |
Receivership Order
| PDF · Subscribers | |
Motion Record - Returnable March 11, 2024
| 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., “Phe-Naz Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 5 November 2026, https://proceedings.ca/case/phe-naz-inc