Stafford Properties Inc. was placed in court-appointed receivership by the Ontario Superior Court of Justice on August 22, 2008, on the application of Roynat Inc., under section 101 of the Courts of Justice Act. Fuller Landau Group Inc. was appointed receiver and manager under court file CV-08-7692-00CL. Roynat Inc.'s secured claims comprise $562,153.41 under a first charge on the 55 Stafford property, from an original loan of $2,725,000, and $5,209,212.53 under a second charge securing Stafford's guarantee of Brute Manufacturing Limited's indebtedness. The Bank of Montreal holds a third-ranking charge over the same property relating to a further guarantee of Brute's debt. The receivership remains active.
The court granted an approval and vesting order for the sale to NSS Holdings Inc. Closing terms, as extracted: Vesting effective upon delivery of Receiver's Certificate confirming payment of purchase price and satisfaction of closing conditions.
Source: Approval and Vesting Order
5 earlier updates, back to 22 August 2008 — subscribers.
Debtor
Stafford Properties Inc.
Receiver
Fuller Landau
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Newbould | Ontario Superior Court of Justice | 2 orders, May 2016 | 100 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| CreditorRoynat Inc | Cassels Brock & Blackwell LLP | 21 Aug 2008 | Order · 21 Aug 2008 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Roynat Inc. · in 47 casesSecond registered charge over 55 Stafford Property; debenture of $6,865,000 securing Stafford's guarantee of Brute Manufacturing Limited's indebtedness to Roynat — Guarantee obligation (Brute Guarantee) — debtor: Stafford Properties Inc. · as of 17 Jul 2014 | $5.21M | 2014-08-07 motion record roynat v stafford.pdf |
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.
2 transactions · 2 approvedOrder of Justice Newbould re: Second Report and Sale Agreement · 19 May 2016
| Purchaser | Price | Status | Source |
|---|---|---|---|
| KPL Holdings Inc.the Debtor's right, title and interest in and to the Purchased Assets · asset sale · agreement 27 May 2014 | not stated | Approved22 Aug 2014 | approval and vesting orderaugust 15 2014.pdf |
| NSS Holdings Inc.a sale agreement between the Receiver and NSS Holdings Inc. dated January 20, 2016 · asset sale · nominee/assignee: Dongab Co. Inc. · agreement 20 Jan 2016 | Sealed | Approved19 May 2016 | Approval and Vesting Order |
Bank of Montreal: not yet estimated.Motion Record of the Receiver · 12 May 2016
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| SecuredBMO | Bank of Montreal | — | not yet estimated | per the receiver | Motion Record of the Receiver · 12 May 2016 |
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.
| Date | Document | File |
|---|---|---|
Approval and Vesting Order
| PDF · Subscribers | |
Endorsement of Justice Newbould
| PDF · Subscribers | |
Order of Justice Newbould re: Second Report and Sale Agreement
| PDF · Subscribers | |
Motion Record of the Receiver
| PDF · Subscribers | |
approval and vesting orderaugust 15 2014.pdf
| PDF · Subscribers | |
| sealing order. august 15 2014.pdf | PDF · Subscribers | |
2014-08-07 motion record roynat v stafford.pdf
| PDF · Subscribers | |
Stafford Properties Inc. - Stafford Initial Order.pdf
| 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., “Stafford Properties Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/stafford-properties-inc
Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/stafford-properties-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.