Proceedings.

Romandale Farms Limited

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Active
Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
File
CL-26-00000406-0000
Filings held5
Last activity21 Oct 2026
On the record4 days
Secured debtSubscribers
OverviewSummary updated

Romandale Farms Limited was placed in receivership by the Ontario Superior Court of Justice on October 21, 2026, with Rosen Goldberg Inc. appointed receiver and manager under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. The application was brought by AFC Mortgage Administration Inc., which holds the first and second charges on roughly 90 acres at 3975 Elgin Mills Road East, Markham. AFC put the first mortgage at approximately $4,550,000 as at September 1, 2026, six months in arrears, and the second at approximately $1,160,000 as at August 17, 2026. Both mortgages matured in July 2026; demand was made around August 6 and a section 244 notice issued around August 20, with no payment made. The guarantor, Helen Roman-Barber, assigned herself into bankruptcy on or about April 9, 2026. The proceeding is active under court file CL-26-00000406-0000.

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Case updates4 dated entries · 1 undated
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Filing

Factum of Applicant Returnable October 21, 2026 — Application filed

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Outcome brief

Romandale Farms: an hour's stand-down, and a receiver for some 89 acres

On October 21, Justice Dietrich appointed Rosen Goldberg Inc. receiver of Romandale Farms Limited's land in Markham, about 89 acres, and its proceeds, on the application of AFC Mortgage Administration Inc., owed about $6 million on two matured mortgages. The guarantor's request for a 10-day adjournment, on an affidavit filed during the hearing, was refused.

Parties

Debtor

Romandale Farms Limited

Receiver

Rosen Goldberg

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice DietrichOntario Superior Court of Justice1 order, Oct 2026130 cases on record

Counsel of record

PartyCounselFirst seenSource
ApplicantTeplitsky, Colson LLP19 Oct 2026Application · 19 Oct 2026
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
Priority classCreditorAmountSource
SecuredAFC Mortgage Administration Inc. (First Mortgage, Instrument YR3670353, as amended; acquired from Vector Financial Services Limited by Transfer of Charge registered 2025-01-29) · in 3 casesFirst-ranking charge on 3975 Elgin Mills Road East, Markham (just under 90 acres). Registered principal originally $6,000,000 (YR3670353), increased to $7,325,000 by 2024 amending agreement; the application describes the principal as $14,500,000 following successive commitment-letter amendments. Principal had been paid down to $4,000,000 when AFC acquired the charge. Matured July 10, 2026. Also general assignment of rents (YR3670354, YR3806614). Guarantor: Helen Roman-Barber (an undischarged bankrupt). — Amount is the affidavit's approximation ('approximately $4,550,000.00'); the Notice of App · as of 1 Sep 2026$4.55MApplication Record Returnable October 21, 2026
Secured
Secured

2 more claims in 1 class The stack holds Secured claims.

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This 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.

Documents5 filings
DateDocumentFile
Endorsement of Justice Dietrich dated October 21, 2026
  • Presiding officer Justice Dietrich
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Receivership Order dated October 21, 2026
  • Applicant AFC MORTGAGE ADMINISTRATION INC.
  • Appointee Rosen Goldberg Inc.
  • Appointee role receiver and manager
  • Commencement date 21 October 2026
  • + 5 more extracted facts
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Supplemental Application Record Returnable October 21 20226
  • Counsel Teplitsky LLP
  • Financial position · Secured creditors · Unsecured creditors Subscribers
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Application Record Returnable October 21, 2026
  • Applicant AFC MORTGAGE ADMINISTRATION INC.
  • Court SUPERIOR COURT OF JUSTICE COMMERCIAL LIST
  • Court file no CL-26-00000406-0000
  • Financial position Subscribers
  • + 4 more extracted facts
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Factum of Applicant Returnable October 21, 2026PDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Romandale Farms Limited” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 25 October 2026, https://proceedings.ca/case/romandale-farms-limited

Sources last checked · summary updated 22 October 2026 · Report a correction · Printed from proceedings.ca/case/romandale-farms-limited

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.