Proceedings.

Star Towers Ltd. & 2141239 Ontario Inc.

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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
CV-24-0008154-0000
Filings held4
Last activity28 Jan 2025
On the record601 days
Secured debtSubscribers
OverviewSummary updated

Star Towers Ltd. and 2141239 Ontario Inc. have been under court-appointed receivership since January 28, 2025, when the Ontario Superior Court of Justice made a receivership order under section 243 of the Bankruptcy and Insolvency Act and provincial judicature legislation. The proceeding is carried under court file number CV-24-0008154-0000 and remains active. No further steps have been recorded on the file since the appointment.

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Case updates4 dated entries

1 earlier update, back to 28 January 2025 subscribers.

Parties

Debtor

Star Towers Ltd. & 2141239 Ontario Inc.

Receiver

msi Spergel inc.

Bench and counselPer the orders and service lists on the record

Counsel of record

PartyCounselFirst seenSource
ApplicantLerners LLP21 Jan 2025Application · 21 Jan 2025
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredRoyal Bank of Canada · in 556 casesCredit Facilities comprised of: First Star Term Facility ($744,368.51), Second Star Term Facility ($603,257.84), and business credit card facilities ($20,161.11) — Application under s.243(1) BIA for appointment of receiver over Star's property/assets and Collateral Properties; interest and costs continue to accrue. — debtor: Star Towers Ltd. · as of 20 Jan 2025$1.37MSupplementary Application Record of the Applicant dated January 21, 2025

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 more claims across lower-ranking classesSubscribe to view
Documents4 filings
DateDocumentFile
Receivership Order dated January 28, 2025
  • Applicant ROYAL BANK OF CANADA
  • Appointee msi Spergel inc.
  • Appointee role receiver
  • Court SUPERIOR COURT OF JUSTICE
  • + 6 more extracted facts
PDF · Subscribers
Supplementary Application Record of the Applicant dated January 21, 2025
  • Applicant ROYAL BANK OF CANADA
  • Counsel Lerners LLP
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no CV-24-00088154-0000
  • + 4 more extracted facts
PDF · Subscribers
Application Record of the Applicant dated November 29, 2024Trustee site
Issued Judgment dated January 28, 2024PDF · Subscribers

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

CiteProceedings., “Star Towers Ltd. & 2141239 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/star-towers-ltd-2141239-ontario-inc

Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/star-towers-ltd-2141239-ontario-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.

Star Towers Ltd. et al. — Receivership | Proceedings.