Pulse RX Inc. and Family Pharmacy Clinic Inc.
- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
- File
- CV-21-00661434-00CL
- Industry
- Health care · Pharmacies
Pulse RX Inc. and Family Pharmacy Clinic Inc. were placed under court-appointed receivership in Ontario on June 10, 2021, on the authority of section 243 of the Bankruptcy and Insolvency Act together with provincial Judicature Act jurisdiction. The proceeding was brought before the Ontario Superior Court of Justice and carried on its Commercial List under court file number CV-21-00661434-00CL, covering both the Pulse RX and Family Pharmacy Clinic entities. The receivership is closed.
Endorsement of Maxium Financial Services v/s Pulse Rx Inc. et al. dated — Endorsement / reasons
Order granted Thursday, June 10, 2021 placing Pulse RX Inc. and Family Pharmacy Clinic Inc. in receivership, commencing the Commercial List proceeding under file CV-21-00661434-00CL.
Debtor
Pulse RX Inc. and Family Pharmacy Clinic Inc.
Receiver
MNP
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Gilmore | Ontario Superior Court of Justice | 3 orders, May 2022 | 68 cases on record |
| Justice Steele | Ontario Superior Court of Justice | 2 orders, Feb 2023 | 245 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverMNP | Reconstruct LLP | 17 Jun 2022 | Service list · 17 Jun 2022 |
| Applicant | Wilson Vukelich LLP | 10 Jun 2021 | Order · 10 Jun 2021 |
| Creditor1951584 Ontario Inc | Wilson Vukelich LLP | 17 Jun 2022 | Service list · 17 Jun 2022 |
| CreditorLeviathan Natural Products Inc | Friedman Law Professional Corporation | 17 Jun 2022 | Service list · 17 Jun 2022 |
| CreditorLPG Pharmaceutical Advisors Inc | Dickinson Wright LLP · McMillan LLP | 17 Jun 2022 | Service list · 17 Jun 2022 |
Unsecured creditors: no distribution.EstimatedMotion Record dated · 31 Jan 2023
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | National Pharmacy and Maxium (secured indebtedness) | — | shortfall | Estimatedper the receiver | Motion Record dated · 31 Jan 2023 |
| Unsecured | unsecured creditors of the Debtors | — | no distribution | Estimatedper the receiver | Motion Record dated · 31 Jan 2023 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
3 engagements · 3 firms — latest: RECONSTRUCT LLP, 1 Apr 2022 – 27 Jan 2023, soughtMotion Record dated · 31 Jan 2023
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| MNP Ltd.Receiver | — | — | — | Motion Record dated · 31 Jan 2023 | |
| RECONSTRUCT LLPCounsel to the receiver | 1 Apr 2022 – 27 Jan 2023Sought | — | Motion Record dated · 31 Jan 2023 | ||
| Weisz Fell Kour LLPCounsel | 7 Jun 2021 – 31 Mar 2022Sought | — | Motion Record · 17 May 2022 |
5 blurred figures above
What each firm billed — each as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Distribution and Discharge Order dated
| PDF · Subscribers | |
Endorsement of Mr. Justice Steele dated
| PDF · Subscribers | |
| Factum of the Receiver dated | PDF · Subscribers | |
Motion Record dated
| PDF · Subscribers | |
Service List - Updated 2022 May 24
| PDF · Subscribers | |
Approval and Vesting Order dated
| PDF · Subscribers | |
Endorsement of Maxium Financial Services v/s Pulse Rx Inc. et al. dated
| PDF · Subscribers | |
Restructuring Transaction Order dated
| PDF · Subscribers | |
| Factum of the Receiver | PDF · Subscribers | |
Motion Record
| PDF · Subscribers | |
Approval and Vesting Order
| PDF · Subscribers | |
| Endorsement | PDF · Subscribers | |
| Motion Record of the Receiver dated | PDF · Subscribers | |
| Form 87 Notice and Statement of Receiver | PDF · Subscribers | |
Receivership Order, dated June 10, 2021
| PDF · Subscribers | |
| Factum of the Applicant, dated June 1, 2021 | PDF · Subscribers | |
| Application Record, dated April 30, 2021 | 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., “Pulse RX Inc. and Family Pharmacy Clinic Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/pulse-rx-inc-and-family-pharmacy-clinic-inc