Proceedings.

Stableview Asset Management Inc.

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Proceeding
Receivership (court-appointed)section 129 of the Securities Act, R.S.O. 1990, c. S.5
Court
Ontario Superior Court of Justice
File
CV-20-00640205-00CL
Industry
Financial services · Investment funds & schemes
Filings held70
Last activity30 Oct 2026
On the record2,340 days
OverviewSummary updated

Stableview Asset Management Inc. has been in court-appointed receivership since June 9, 2020, when the Ontario Superior Court of Justice (Commercial List) appointed Grant Thornton Limited as receiver and manager of Stableview on the application of the Ontario Securities Commission, under section 129 of the Securities Act, R.S.O. 1990, c. S.5. On December 7, 2020, the court approved a claims process in the receivership. The matter, court file CV-20-00640205-00CL, has come before Justices Conway, Hainey, Kimmel, MacLeod, McEwen, Osborne, Penny, Steele and Wilton-Siegel, with counsel including Boyle & Co. LLP, Chaitons LLP and Flaherty McCarthy LLP.

Claims processIf you are owed money

A claims procedure has been established — see the order for deadlines.

Per the Order of Justice McEwen dated December 7, 2020.PDF dated 7 December 2020.

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Case updates70 dated entries
#Report

The officer filed report no. Sixth Report. The receivership is essentially complete with assets liquidated or distributed, but the Receiver has been unable to obtain its discharge due to a leave motion by former unitholders and is now focused on seeking dismissal/quashing of that motion while administering remaining wind-down items.

Source: Sixth Report of the Receiver dated April 9, 2026.pdf

#Report

The officer filed report no. Fifth Report. The Receiver has completed liquidation/transfer of the Stableview Funds' assets and distributions to investors, and its mandate is essentially complete, with only final wind-down items (final distribution, tax filings, records disposition) remaining before discharge.

Source: Fifth Report of the Receiver dated October 8, 2025.pdf

#Report

The officer filed report no. Supplement to the Fourth Report. The Receiver reports that, after the Oct 15 motion adjournment, Voxtur agreed to terminate the Standstill Agreement and its amendment and release the Stableview parties, so Voxtur shares can be transferred to unitholders free of restriction; the remaining relief (distributions and approval of the Standstill Amendment activities) is sought on the adjourned hearing.

Source: Supplement to the Fourth Report of Receiver dated February 26, 2025.pdf

#Order

The Ontario Superior Court of Justice (Commercial List) granted a receivership order appointing Grant Thornton Limited as receiver and manager of Stableview Asset Management Inc., on the application of the Ontario Securities Commission.

Source: Appointment Order dated June 9, 2020.pdf

AnalysisAll insights⁠

Case update

Stableview: the 31 get past the bar date, and Grant Thornton answers

Regional Senior Justice MacLeod found "substantial compliance" with a consent deadline and refused to quash 31 unitholders' motion for leave to sue Grant Thornton over the Voxtur shares; the receiver calls each allegation "without merit" and says Progressive Fund investors recovered about 90% of their capital. Leave is to be argued January 20–21, 2027.

Case update

Stableview: unitholders, a bar date and what 'motion' meant

Thirty-one former unitholders who want leave to sue Grant Thornton Limited for $100 million over the Voxtur shares it held under a standstill met a consent bar date with a notice of motion and no evidence; the receiver says that was not a motion and every claim is extinguished, six more unitholders who missed the date say the receiver's two emails never told them what it meant, and both fights are returnable September 2.

Parties

Debtor

Stableview Asset Management Inc.

Receiver

Doane Grant Thornton

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice MacLeodOntario Superior Court of Justice4 orders, Jan 2026 – Sep 202622 cases on record
Justice SteeleOntario Superior Court of Justice3 orders, Nov 2024 – Nov 2025245 cases on record
Justice McEwenOntario Superior Court of Justice3 orders, Dec 2020 – Mar 2021143 cases on record
Justice PennyOntario Superior Court of Justice2 orders, Mar 2025196 cases on record
Justice ConwayOntario Superior Court of Justice2 orders, Nov 2020310 cases on record
Justice HaineyOntario Superior Court of Justice2 orders, Jun 2020211 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverDoane Grant ThorntonBlake, Cassels & Graydon LLP · Chaitons LLP16 Nov 2020Factum · 21 Jul 2026
CreditorBank of Nova ScotiaLipman, Zener & Waxman LLP24 Jun 2026Service list · 24 Jun 2026
CreditorBoyle & Co. LLPGoldman Sloan Nash & Haber LLP10 Jun 2021Service list · 24 Jun 2026
CreditorCUSHMAN & WAKEFIELD Real Estate BrokersCassels Brock & Blackwell LLP24 Jun 2026Service list · 24 Jun 2026
CreditorShannon DavidsonFlaherty McCarthy LLP7 Dec 2020Endorsement · 7 Dec 2020
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
Priority classCreditorAmountSource
UnsecuredShannon Davidson (representative plaintiff, class action)Floor amount - claim seeks damages 'in excess of' $20,000,000; disputed/unadjudicated claim; leave to pursue against Receiver not yet sought per Appointment Order restrictions — debtor: Receiver of the Stableview Funds and Colin Fisher · as of 6 Oct 2020$20MReceiver's Second Report to Court dated December 1, 2020.pdf
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured

5 more claims in 1 class The stack holds Unsecured claims.

Every creditor and every amount, drawn to scale.

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RecoveriesAs declared or paid

Unsecured creditors: paid in full.FinalBrief of Key Court Documents dated Aug 14, 2026.pdf · 14 Aug 2026

ClassCreditorClaimsRecoveryBasisSource
Unsecuredcreditor claims (Funds and Insight GP)—paid in fullFinalper the receiverBrief of Key Court Documents dated Aug 14, 2026.pdf · 14 Aug 2026

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.

Fees and ratesAs stated in the filings

1 engagement · 1 firm — Chaitons LLP, 31 Aug 2024 – 30 Sep 2025, in feesFifth Report of the Receiver dated October 8, 2025.pdf · 8 Oct 2025

FirmPeriodHoursFeesRatesSource
Chaitons LLPCounsel to the receiver31 Aug 2024 – 30 Sep 20253 peopleFifth Report of the Receiver dated October 8, 2025.pdf · 8 Oct 2025
3 people — Chaitons LLP, 31 Aug 2024 – 30 Sep 2025 · 11 blurred figures
NameYear of callHoursRateFees
Harvey G. Chaiton1982
Michael Pasternack2000
Maya Poliak2007
Total Hours and Amounts Billed——

14 blurred figures above

What the firm billed, and each person’s hours and rate — each as the filing states it, with its source.

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Estate financialsReported figures — never derived
Total assets at filing

As at ·

Professional fees

$158K

As at 30 Sep 2025Fifth Report of the Receiver dated October 8, 2025.pdf

The total the debtor stated at filing

Each one as the filing states it, with its source.

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Documents
70 filings
DateDocumentFile
Responding Motion Record of the Receiver, Volume 1 of 2 October 30 2026 - Returnable January 20-21, 2027.pdf
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Responding Motion Record of the Receiver, Volume 2 of 2 - October 30 2026 - Returnable January 20-21, 2027.pdf
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Seventh Report of Receiver dated October 30, 2026.pdf
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Supplementary Responding Motion Record of the Receiver - October 30 2026 returnable January 20-21, 2027.pdf
  • Recovery outcome Entries: per actual; per actual; per actual · Stated on: 2026-10-30 · Table missing:
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Endorsement of Justice MacLeod dated September 15, 2026.pdf
  • Presiding officer Justice MacLeod
PDF · Subscribers
Book of Authorities dated Aug 31, 2026.pdfPDF · Subscribers
Reply Factum of the Additional Unitholders dated Aug 31, 2026.pdfPDF · Subscribers
Book of Authorities of Christy Love et al. dated Aug 26, 2026.pdfPDF · Subscribers
Responding Factum of Christy Love et al. dated Aug 26, 2026.pdfPDF · Subscribers
Responding Factum of the Receiver dated Aug 26, 2026.pdf
  • Counsel Blake, Cassels & Graydon LLP
PDF · Subscribers
Brief of Key Court Documents dated Aug 14, 2026.pdf
  • Recovery outcome Entries: per estimated; per actual; per actual; per estimated · Table missing:
PDF · Subscribers
Factum of the Additional Unitholders dated Aug 14, 2026.pdfPDF · Subscribers
Factum of the Receiver dated Aug 14, 2026.pdf
  • Counsel Blake, Cassels & Graydon LLP
PDF · Subscribers
Receiver's Book of Authorities daetd Aug 14, 2026.pdfPDF · Subscribers
Transcript Brief of the Receiver dated Aug 14, 2026.pdfPDF · Subscribers
Reply Motion Record of the Additional Unitholders returnable September 2, 2026.pdfPDF · Subscribers
Responding Motion Record of the Receiver returnable September 2, 2026.pdf
  • Counsel Blake, Cassels & Graydon LLP
PDF · Subscribers
Second Supplement to the Sixth Report dated July 29, 2026.pdf
PDF · Subscribers
Endorsement of Justice MacLeod dated July 23, 2026.pdf
  • Presiding officer Justice MacLeod
PDF · Subscribers
Motion Record returnable September 2, 2026.pdfPDF · Subscribers
Aide Memoire of the Receiver returnable July 23, 2026.pdf
  • Counsel Blake, Cassels & Graydon LLP
PDF · Subscribers
Case Conference Memorandum of Christy Love et al. (Unitholders) dated July 21, 2026.pdfPDF · Subscribers
Supplement to the Sixth Report of the Receiver dated July 10, 2026.pdf
  • Operational summary The supplement provides further information supporting the Receiver's motion to dismiss the Claiming Unitholders' Leave Motion, including notes from a November 4th hearing regarding a 60-day deadline to bring a claim for leave to sue the Receiver.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Supplementary Motion Record of the Receiver returnable September 2, 2026.pdf
  • Counsel Blake, Cassels & Graydon LLP
PDF · Subscribers
Responding Motion Record dated June 25, 2026.pdfPDF · Subscribers
Service List as at June 24, 2026.pdf
  • Counsel Blake, Cassels & Graydon LLP
PDF · Subscribers
Amended Endorsement of Justice MacLeod dated June 23, 2026.pdf
  • Presiding officer Justice MacLeod
PDF · Subscribers
Motion Record dated April 9, 2026.pdf
  • Recovery outcome Entries: per actual; per actual; per actual · Stated on: 2026-04-09 · Table missing:
PDF · Subscribers
Sixth Report of the Receiver dated April 9, 2026.pdf
  • Operational summary The receivership is essentially complete with assets liquidated or distributed, but the Receiver has been unable to obtain its discharge due to a leave motion by former unitholders and is now focused on seeking dismissal/quashing of that motion while administering remaining wind-down items.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Supplementary Motion Record dated April 6, 2026.pdfPDF · Subscribers
Endorsement of Justice MacLeod dated January 21, 2026.pdf
  • Presiding officer Justice MacLeod
PDF · Subscribers
Motion Record issued January 20, 2026 (Vol 1) - Christy Love et al. (Unitholders).pdfPDF · Subscribers
Motion Record issued January 20, 2026 (Vol 2) - Christy Love et al. (Unitholders).pdfPDF · Subscribers
Motion Record issued January 20, 2026 (Vol 3) - Christy Love et al. (Unitholders).pdfPDF · Subscribers
Endorsement of Justice Kimmel dated January 8, 2026.pdf
  • Presiding officer Justice Kimmel
PDF · Subscribers
Notice of Motion Returnable January 8, 2026 - Christy Love et al. (Unitholders).pdfPDF · Subscribers
Endorsement of Justice Steele dated November 4, 2025.pdf
  • Presiding officer Justice Steele
PDF · Subscribers
Fifth Report of the Receiver dated October 8, 2025.pdf
  • Cash on hand · Disbursements · Fee schedule · Financial position Subscribers
  • + 5 more extracted facts
PDF · Subscribers
Motion Record Returnable October 15, 2025.pdf
  • Recovery outcome Entries: per estimated; per actual; per actual; per unstated; per actual; per unstated · Table missing:
PDF · Subscribers
Endorsement of Justice Penny dated March 5, 2025.pdf
  • Presiding officer Justice Penny
PDF · Subscribers
Order of Justice Penny dated March 5, 2025.pdf
  • Counsel Chaitons LLP
  • Presiding officer Justice Penny
PDF · Subscribers
Supplemental Motion Record returnable March 5, 2025.pdf
  • Counsel Chaitons LLP
PDF · Subscribers
Supplement to the Fourth Report of Receiver dated February 26, 2025.pdf
  • Operational summary The Receiver reports that, after the Oct 15 motion adjournment, Voxtur agreed to terminate the Standstill Agreement and its amendment and release the Stableview parties, so Voxtur shares can be transferred to unitholders free of restriction; the remaining relief (distributions and approval of the Standstill Amendment activities) is sought on the adjourned hearing.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Endorsement of Justice Steele dated November 21, 2024.pdf
  • Presiding officer Justice Steele
PDF · Subscribers
Order of Justice Steele dated November 21, 2024.pdf
  • Counsel Chaitons LLP
  • Presiding officer Justice Steele
PDF · Subscribers
Endorsement of Justice Osborne dated October 15, 2024.pdf
  • Presiding officer Justice Osborne
PDF · Subscribers
Motion Record returnable October 15, 2024.pdfPDF · Subscribers
Receiver's Fourth Report dated October 4, 2024.pdfPDF · Subscribers
Endorsement of Justice Wilton-Siegel dated August 3, 2021.pdf
  • Presiding officer Justice Wilton-Siegel
PDF · Subscribers
Factum - Appeal of Boyle Claim.pdf
  • Counsel Chaitons LLP
PDF · Subscribers
Appellant's Factum (appeal from disallowance of claim) dated June 10, 2021.pdf
  • Counsel How: operator-correction · Why: the appellant's factum (10 Jun 2021) prints its counsel: 'GOLDMAN SLOAN NASH & HABER LLP … Lawyers for the Appellant, Boyle & Co. LLP' · Firm: Goldman Sloan Nash & Haber LLP · Corrects: pairing · For text: Boyle & Co. LLP · Firm party id: 70d827c2-f335-4b70-a7a3-3432c7b8a16c · Folded into role: 13d84bc4-635b-47e6-8070-1947f40c1a45
PDF · Subscribers
Motion Record Returnable March 30, 2021PDF · Subscribers
Order and Endorsement of Justice McEwen dated March 30, 2021.pdf
  • Presiding officer Justice McEwen
PDF · Subscribers
Receiver's Third Report dated March 22, 2021PDF · Subscribers
Creditor Claims Package.pdf
  • Appointee Grant Thornton Limited
  • Appointee role receiver
  • Commencement date 7 December 2020
  • Court Ontario Superior Court of Justice (Commercial List)
  • + 3 more extracted facts
PDF · Subscribers
Endorsement of Justice McEwen dated December 7, 2020.PDF
  • Counsel Chaitons LLP
  • Presiding officer Justice McEwen
PDF · Subscribers
Order of Justice McEwen dated December 7, 2020.PDF
  • Counsel Chaitons LLP
  • Presiding officer Justice McEwen
PDF · Subscribers
Motion Record Returnable December 7, 2020.pdfPDF · Subscribers
Receiver's Second Report to Court dated December 1, 2020.pdf
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Endorsement dated November 17, 2020.pdf
  • Presiding officer Justice Conway
PDF · Subscribers
Court Order dated November 16, 2020.pdf
  • Counsel Chaitons LLP
  • Presiding officer Justice Conway
PDF · Subscribers
Motion Record returnable November 16, 2020PDF · Subscribers
Receiver's First Report to Court Dated November 9, 2020.pdf
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Stableview FAQs dated July 21, 2020.pdfPDF · Subscribers
Notice to Investors dated June 17, 2020.pdfPDF · Subscribers
Appointment Order dated June 9, 2020.pdf
  • Applicant ONTARIO SECURITIES COMMISSION
  • Appointee Grant Thornton Limited
  • Appointee role receiver and manager
  • Commencement date 9 June 2020
  • + 5 more extracted facts
PDF · Subscribers
Endorsement dated June 9, 2020.PDF
  • Presiding officer Justice Hainey
PDF · Subscribers
Application Record of the Ontario Securities Commission.pdf
  • Applicant Ontario Securities Commission
  • Appointee Grant Thornton
  • Appointee role Receiver
  • Court SUPERIOR COURT OF JUSTICE
  • + 1 more extracted fact
PDF · Subscribers
Factum of the OSC dated May 1, 2020.pdfPDF · Subscribers
Notice of Application issued April 29, 2020.pdfPDF · Subscribers

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

CiteProceedings., “Stableview Asset Management Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/stableview-asset-management-inc

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Sources last checked · summary updated 6 September 2026 · Report a correction · Printed from proceedings.ca/case/stableview-asset-management-inc

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.