Richmond Hill Fine Cars is subject to a court-appointed receivership proceeding in the Ontario Superior Court of Justice, commenced January 21, 2025 under Court File No. CV-25-00735188-00CL. The application was brought under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. The proceeding remains active. The record before this page consists of the commencement filing alone; no subsequent steps have been recorded.
A claims procedure has been established — see the order for deadlines.
The officer filed report no. Trustee's Report to the First Meeting of Creditors on Preliminary Administration. RHFC ceased operations in late 2024 and had zero employees at the Bankruptcy Date; the Receiver has been liquidating the Used Vehicle Inventory and Lease Payments Receivable, with proceeds expected to be insufficient to repay the secured creditor in full and no funds anticipated for unsecured creditors.
11 earlier updates, back to 24 January 2025 — subscribers.
2 filings carry no date on their face — subscribers.
Debtor
Richmond Hill Fine Cars
Receiver
KPMG
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Dietrich | Ontario Superior Court of Justice | 2 orders, Apr 2025 | 89 cases on record |
| Justice Steele | Ontario Superior Court of Justice | 2 orders, Jan 2025 | 220 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverKPMG | Aird & Berlis LLP | 24 Jan 2025 | Service list · 24 Jan 2025 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Royal Bank of Canada (RBC) · in 556 casesSecurity registered under the Personal Property Security Act (PPSA); Receivership Order granted on RBC's application pursuant to its security — Prose estimate in Notice states approximately $4,176,954 (per J. Gagnon Affidavit sworn Jan 21, 2025); exact figure per Appendix A list of known creditors as at Jan 24, 2025 used as amount. Receiver has not obtained a legal opinion on this security and does not acknowledge validity or quantum. — debtor: 898984 Ontario Inc. o/a Richmond Hill Fine Cars · as of 24 Jan 2025 | $4.18M | Notice and Statement of the Receiver dated February 3, 2025 |
Sale approved — the Auction is hereby approvedApproval and Vesting Order dated April 16, 2025 · 16 Apr 2025
| Purchaser | Price | Status | Source |
|---|---|---|---|
| end purchasers at auction, unnamedthe Debtor's and the Receiver's right, title and interest in and to the Property purchased by such respective Purchaser at the Auction · auction | not stated | Approved16 Apr 2025 | Approval and Vesting Order dated April 16, 2025 |
Unsecured creditors: no distribution.EstimatedTrustee's Preliminary Report · 16 Apr 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distribution | Estimatedper the trustee | Trustee's Preliminary Report · 16 Apr 2025 |
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.
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Ancillary Relief Order dated April 16, 2025
| PDF · Subscribers | |
Approval and Vesting Order dated April 16, 2025
| PDF · Subscribers | |
Endorsement dated April 16, 2025
| PDF · Subscribers | |
Trustee's Preliminary Report dated April 16, 2025
| PDF · Subscribers | |
| First Report of the Receiver dated April 7, 2025 | PDF · Subscribers | |
| Notice to Creditors - 898984 Ontario Inc. | PDF · Subscribers | |
| Certificate of assignment dated March 26, 2025 | PDF · Subscribers | |
Notice and Statement of the Receiver dated February 3, 2025
| PDF · Subscribers | |
Endorsement of J. Steele dated January 24, 2025
| PDF · Subscribers | |
Receivership Appointment Order dated January 24, 2025
| PDF · Subscribers | |
Service List as at January 24, 2025
| PDF · Subscribers | |
| Factum of the Applicant dated January 22, 2025 | PDF · Subscribers | |
Report of the Proposed Receiver dated January 22, 2025
| PDF · Subscribers | |
Application Record dated January 21, 2025
| PDF · Subscribers | |
| Proof of Claim - 898984 Ontario Inc. | PDF · Subscribers | |
| Proxy - 898984 Ontario Inc. | 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., “Richmond Hill Fine Cars” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 20 September 2026, https://proceedings.ca/case/richmond-hill-fine-cars
Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/richmond-hill-fine-cars
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.