1000000152 Ontario Inc., 2661656 Ontario Inc., 2485238 Ontario Inc. and 1000098231 Ontario Inc., operating under the business name Picture Perfect Marine Rentals
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, and section 101 of the Courts of Justice Act
- Court
- Ontario Superior Court of Justice · Commercial List
- File
- CV-24-00727540-00CL
- Industry
- Business & consumer services · Rental & leasing
1000000152 Ontario Inc., 2661656 Ontario Inc., 2485238 Ontario Inc. and 1000098231 Ontario Inc., which operate under the business name Picture Perfect Marine Rentals, are the subject of a court-appointed receivership application brought in the Ontario Superior Court of Justice on September 13, 2024 under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The proceeding is carried on the commercial list under court file number CV-24-00727540-00CL and remains active. The application filing is the only step recorded to date; no subsequent orders, reports or hearings appear on the record.
Receivership application against the four Picture Perfect Marine Rentals companies filed in the Ontario Superior Court of Justice, opening file CV-24-00727540-00CL.
Source: Application Record of the Bank of Montreal returnable October 17, 2024
Debtor
1000000152 Ontario Inc., 2661656 Ontario Inc., 2485238 Ontario Inc. and 1000098231 Ontario Inc., operating under the business name Picture Perfect Marine Rentals
Receiver
BDO
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Steele | Ontario Superior Court of Justice | 3 orders, May 2025 | 245 cases on record |
| Justice Penny | Ontario Superior Court of Justice | 3 orders, Oct 2024 – Jan 2025 | 196 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverBDO | Chaitons LLP | 5 May 2025 | Order · 5 May 2025 |
| ApplicantBank of Montreal | Torkin Manes LLP | 17 Oct 2024 | Order · 17 Oct 2024 |
| CreditorBank of Montreal | Torkin Manes LLP | 9 Jan 2025 | Affidavit · 9 Jan 2025 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Bank of Montreal · in 297 casesGeneral Security Agreement; collateral mortgage on 381 Mosley Street, Wasaga Beach, ON; General Assignment of Rents — debtor: 1000000152 Ontario Inc. (1000-152) · as of 7 Jul 2024 | $6.14M | Notice and Statement of Receiver |
| Secured | |||
| Secured |
2 more claims 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.
Sale process approved — Receiver's marketing and sale process for the Real Property approvedSale Process Approval Order of Steele, J. dated May 5, 2025 · 5 May 2025
1 engagement · 1 firm — BDO Canada Limited, 9 Sep 2024 – 25 Apr 2025, in feesMotion Record of the Receiver · 29 Apr 2025
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| BDO Canada LimitedReceiver | 9 Sep 2024 – 25 Apr 2025 | Motion Record of the Receiver · 29 Apr 2025 |
3 blurred figures above
What the firm billed — each as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Endorsement of Steele, J. dated May 5, 2025
| PDF · Subscribers | |
| Factum of the Receiver | PDF · Subscribers | |
Order for Vacant Possession of Steele, J. dated May 5, 2025
| PDF · Subscribers | |
Sale Process Approval Order of Steele, J. dated May 5, 2025
| PDF · Subscribers | |
Supplement to First Report of the Receiver dated May 4, 2025
| PDF · Subscribers | |
Motion Record of the Receiver returnable May 5, 2025
| PDF · Subscribers | |
Notice and Statement of Receiver
| PDF · Subscribers | |
Endorsement of Penny, J. dated January 10, 2025
| PDF · Subscribers | |
Affidavit of E. Chow dated January 9, 2025
| PDF · Subscribers | |
Appointment Order of Penny, J. dated October 17, 2024
| PDF · Subscribers | |
Endorsement of Penny, J. dated October 17, 2024
| PDF · Subscribers | |
Application Record of the Bank of Montreal returnable October 17, 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., “1000000152 Ontario Inc., 2661656 Ontario Inc., 2485238 Ontario Inc. and 1000098231 Ontario Inc., operating under the business name Picture Perfect Marine Rentals” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 4 November 2026, https://proceedings.ca/case/picture-perfect-marine-rentals