Proceedings.

Stateview Group of Companies

Follow
Active
Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
Court
Ontario Superior Court of Justice
File
CV-23-00699067-00CL
Filings held168
Last activity6 Aug 2026
On the record1,222 days
Secured debt$14.4M
OverviewSummary updated

Stateview Group of Companies has been in court-appointed receivership since May 18, 2023, when the Ontario Superior Court of Justice (Commercial List) appointed KSV Restructuring Inc. receiver and manager on the application of Dorr Capital Corporation under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act, under court files CV-23-00698637-00CL and CV-23-00699067-00CL. A statement of affairs for Stateview Homes (On The Mark) Inc. as at September 25, 2023 reports assets of $14,375,000.00, consisting entirely of accounts receivable, against liabilities of $42,173,834.65 and a stated deficiency of $27,798,834.65, with KingSett Mortgage Corporation secured for $14,375,000.00. By order dated March 19, 2024 the Court authorized the Receiver to terminate and disclaim all Stateview Homes (Elm&Co) Inc. pre-sale purchase agreements, sending purchasers to Tarion Warranty Corporation's deposit insurance program. The receivership remains active.

Proceedings AIAsk this case — answers cite the filings
Ask in plain language. The answer comes only from this case’s filings, each one cited.
Enter to send · Shift+Enter for a new line
Case updates167 dated entries · 1 undated
#Sale

The court granted an approval and vesting order for the sale to KingSett Real Estate Growth LP No. 8, by its general partner KingSett Real Estate Growth GP No. 8 Inc. Closing terms, as extracted: Vesting effective upon delivery of Receiver's Certificate confirming payment of Purchase Price and satisfaction/waiver of other closing conditions. Sealed: Confidential Appendices '1' and '5' to the Sixth Report.

Source: Approval and Vesting Order Taurasi Holdings dated November 16, 2023

Undated filings1 — no date appears on the document · show
—
Report

Update from Tarion — Court officer report filed

PDF

Parties

Debtor

Stateview Group of Companies

Receiver

AlixPartners

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice BlackOntario Superior Court of Justice15 orders, Feb 2024 – Aug 2026176 cases on record
Justice SteeleOntario Superior Court of Justice7 orders, May 2023 – Jan 2025220 cases on record
Justice PennyOntario Superior Court of Justice7 orders, May 2023 – Mar 2024179 cases on record
Justice CavanaghOntario Superior Court of Justice5 orders, Sep 2023 – Jan 2025288 cases on record
Justice ConwayOntario Superior Court of Justice5 orders, Sep 2023 – May 2024285 cases on record
Justice OsborneOntario Superior Court of Justice3 orders, Nov 2023 – Mar 2025146 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverAlixPartnersRothstein LLP26 Sep 2023Factum · 26 Sep 2023
ReceiverKSV Restructuring as (NAO Phase 2, BEA, Highview and Elm receiverships)Rothstein LLP1 Aug 2023Endorsement · 1 Aug 2023
ReceiverKSV Restructuring IncRothstein LLP · Cassels Brock & Blackwell LLP1 Aug 2023Application · 23 Feb 2024
ApplicantMurtry LLP · Blaney McMurtry LLP27 Apr 2023Application · 27 Apr 2023
ApplicantTarion Warranty CorporationTorys LLP27 Feb 2025Order · 27 Feb 2025
DebtorStateview Group of CompaniesNorton Rose Fulbright Canada LLP4 Oct 2023Service list · 4 Oct 2023
CreditorBergo Investment Limited, MCO Management IncFogler, Rubinoff LLP · Lenczner Slaght LLP4 Oct 2023Service list · 3 Apr 2024
CreditorCanada Revenue AgencyCassels Brock & Blackwell LLP3 Apr 2024Service list · 3 Apr 2024
CreditorCarlo Taurasi and Dino TaurasiLenczner Slaght LLP4 Oct 2023Service list · 4 Oct 2023
CreditorCentral Glass and Mirror LtdProfessional Corporation14 Nov 2024Service list · 14 Nov 2024
CreditorCross-MotionSotos LLP14 Feb 2024Factum · 14 Feb 2024
CreditorDecksterity Carpentry ContractingFrank Feldman Law14 Nov 2024Service list · 14 Nov 2024
CreditorDharmi MehtaSotos LLP30 Aug 2024Factum · 30 Aug 2024
CreditorDharmi Mehta, a of Highview Building CorpSotos LLP3 Apr 2024Service list · 3 Apr 2024
CreditorDorr Capital CorporationBlaney McMurtry LLP3 Apr 2024Service list · 3 Apr 2024
CreditorDorr Capital Corporation and Atrium Mortgage Investment CorporationChaitons LLP4 Oct 2023Service list · 4 Oct 2023
CreditorGeneration Carpentry LtdSangha Construction Law Professional Corporation14 Nov 2024Service list · 14 Nov 2024
CreditorKingSett Mortgage CorporationBennett Jones LLP14 Sep 2023Order · 14 Sep 2023
CreditorMeridian Credit Union LimitedFogler, Rubinoff LLP3 Apr 2024Service list · 3 Apr 2024
CreditorNAO Phase 1, Minu, On the Mark, High Crown and Taurasi Holdings ReceivershipsCassels Brock & Blackwell LLP19 Jul 2023Factum · 19 Jul 2023
CreditorNao Phase 1, Minu, On the Mark, High Crown and TLSFD ReceivershipsCassels Brock & Blackwell LLP8 Nov 2023Application · 8 Nov 2023
CreditorReliance Comfort Limited Partnership d / b / a Reliance Home ComfortSotos LLP · Torkin Manes LLP3 Apr 2024Service list · 3 Apr 2024
CreditorSean Zweig Aiden Nelms Richard SwanBennett Jones LLP1 Aug 2023Endorsement · 1 Aug 2023
CreditorTarion Warranty CorporationTorys LLP1 Aug 2023Endorsement · 1 Aug 2023
CreditorToronto- Dominion BankFogler, Rubinoff LLP · McCarthy Tétrault LLP4 Oct 2023Service list · 3 Apr 2024
CreditorToronto-Dominion BankLenczner Slaght LLP3 Apr 2024Service list · 3 Apr 2024
CreditorTravelers Insurance Company of CanadaBorden Ladner Gervais LLP · Sotos LLP3 Apr 2024Service list · 3 Apr 2024
Capital structureAs asserted in the filings
stated amounts, drawn to scale · 1 named without a figure
#Priority classCreditorAmountSource
4SecuredKingSett Mortgage Corporation, c/o Bennett Jones LLPListed as secured creditor per Statement of Affairs List B (date of bankruptcy); balance of this claim also appears at $5,225,000.00 listed as unsecured (bifurcated secured/unsecured) — debtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$14.4MAmended Notice to Creditors dated September 26, 2023
4SecuredEquitable Bank, c/o Blaney McMurtry LLPAmount not itemized on secured creditors page (page 4); nominal $1.00 claim also listed among unsecured creditors on page 6, possibly duplicate/placeholder filing — debtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023—Amended Notice to Creditors dated September 26, 2023
8UnsecuredKingSett Mortgage Corporation, c/o Bennett Jones LLPBalance of secured claim per List B, bifurcated secured/unsecured; same creditor secured for $14,375,000.00 on page 4 — debtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$5.22MAmended Notice to Creditors dated September 26, 2023
8UnsecuredCanada Revenue Agency · in 926 casesHST claim; deemed trust class quasi-governmental claim — debtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$3.95MAmended Notice to Creditors dated September 26, 2023
8UnsecuredMaple Drywalldebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$1.14MAmended Notice to Creditors dated September 26, 2023
8UnsecuredBenfica Construction Ltd.debtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$872KAmended Notice to Creditors dated September 26, 2023
8UnsecuredTrudel & Sons Roofing Ltd. · in 3 casesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$460KAmended Notice to Creditors dated September 26, 2023
8UnsecuredTamarack Lumber Inc. · in 2 casesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$379KAmended Notice to Creditors dated September 26, 2023
8UnsecuredDecksterity Carpentry Contracting Ltd.debtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$349KAmended Notice to Creditors dated September 26, 2023
8UnsecuredReceiver General · in 75 casesCorporations Tax Branch; quasi-governmental claim — debtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$330KAmended Notice to Creditors dated September 26, 2023
8UnsecuredArtizan Interior & Exterior Finishings Indebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$313KAmended Notice to Creditors dated September 26, 2023
8UnsecuredNorth York Tile Contractors Ltd. · in 3 casesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$311KAmended Notice to Creditors dated September 26, 2023
8UnsecuredGaniva Trim Carpentry Inc.debtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$246KAmended Notice to Creditors dated September 26, 2023
8UnsecuredIdeal Railingsdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$222KAmended Notice to Creditors dated September 26, 2023
8UnsecuredOctavio Sousa Painting & Renovations Ltddebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$218KAmended Notice to Creditors dated September 26, 2023
8UnsecuredApplewood Air Conditioning · in 2 casesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$216KAmended Notice to Creditors dated September 26, 2023
8UnsecuredSelba Kitchens & Bathsdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$202KAmended Notice to Creditors dated September 26, 2023
8UnsecuredJeld-Wen of Canada Ltd · in 2 casesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$182KAmended Notice to Creditors dated September 26, 2023
8UnsecuredElitrex Plumbingdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$172KAmended Notice to Creditors dated September 26, 2023
8UnsecuredPower Core Electric Ltd.debtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$168KAmended Notice to Creditors dated September 26, 2023
8Unsecured5I5J Realty Inc. Brokeragedebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$152KAmended Notice to Creditors dated September 26, 2023
8UnsecuredBay Street Group Inc, Brokeragedebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$136KAmended Notice to Creditors dated September 26, 2023
8UnsecuredVelcan Forest Productsdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$126KAmended Notice to Creditors dated September 26, 2023
8UnsecuredRJ Groupdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$109KAmended Notice to Creditors dated September 26, 2023
8UnsecuredSunbelt Rentals · in 20 casesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$79KAmended Notice to Creditors dated September 26, 2023
8UnsecuredMedi Group Incorporated · in 2 casesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$69.6KAmended Notice to Creditors dated September 26, 2023
8UnsecuredBest Brand Appliancedebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$66.1KAmended Notice to Creditors dated September 26, 2023
8UnsecuredAuriviadebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$65.6KAmended Notice to Creditors dated September 26, 2023
8UnsecuredCosta Caulking Incdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$61.3KAmended Notice to Creditors dated September 26, 2023
8UnsecuredHomelife Landmark Realty Inc. · in 3 casesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$60.5KAmended Notice to Creditors dated September 26, 2023
8UnsecuredT.Y. Lin International Canada Incdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$56.5KAmended Notice to Creditors dated September 26, 2023
8UnsecuredCentral Glass & Mirror Ltd.debtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$55.2KAmended Notice to Creditors dated September 26, 2023
8UnsecuredStardrain & Concrete Inc.debtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$52.3KAmended Notice to Creditors dated September 26, 2023
8UnsecuredBarmac Garage Doorsdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$52KAmended Notice to Creditors dated September 26, 2023
8UnsecuredMasters Insurance Limiteddebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$48.2KAmended Notice to Creditors dated September 26, 2023
8UnsecuredSchneider Ruggiero Spencer Milburn LLP · in 3 casesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$43.5KAmended Notice to Creditors dated September 26, 2023
8UnsecuredGiancola Aluminum Contractors Inc.debtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$39.6KAmended Notice to Creditors dated September 26, 2023
8UnsecuredSchaeffer Dzaldov Bennett Ltd. · in 3 casesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$28.2KAmended Notice to Creditors dated September 26, 2023
8UnsecuredRoyal Elite Realty Inc. Brokeragedebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$26.3KAmended Notice to Creditors dated September 26, 2023
8UnsecuredRegal Max Realty Point, Brokeragedebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$25.9KAmended Notice to Creditors dated September 26, 2023
8UnsecuredLiving Realty Inc Brokeragedebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$24.9KAmended Notice to Creditors dated September 26, 2023
8UnsecuredRemax West Realty Inc.debtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$22.8KAmended Notice to Creditors dated September 26, 2023
8UnsecuredMaxguarddebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$20.7KAmended Notice to Creditors dated September 26, 2023
8UnsecuredReliance-Central Ontariodebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$17.7KAmended Notice to Creditors dated September 26, 2023
8UnsecuredMelbourne Property Managementdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$16.5KAmended Notice to Creditors dated September 26, 2023
8UnsecuredCA Cleaning Servicesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$14.7KAmended Notice to Creditors dated September 26, 2023
8UnsecuredAltus Group · in 3 casesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$14.4KAmended Notice to Creditors dated September 26, 2023
8UnsecuredAntec Appraisal Group (Toronto) Inc.debtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$12.3KAmended Notice to Creditors dated September 26, 2023
8UnsecuredDavid Johnston Architect Ltd.debtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$12KAmended Notice to Creditors dated September 26, 2023
8UnsecuredWoodbridge Stoneslinger (1994) Limited · in 2 casesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$11.9KAmended Notice to Creditors dated September 26, 2023
8UnsecuredNature's Call Portable Toilets · in 3 casesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$11KAmended Notice to Creditors dated September 26, 2023
8UnsecuredBousfields Inc. · in 2 casesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$10.1KAmended Notice to Creditors dated September 26, 2023
8UnsecuredJardin Design Group Incdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$9.77KAmended Notice to Creditors dated September 26, 2023
8UnsecuredLive Patrol Inc. · in 4 casesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$9.66KAmended Notice to Creditors dated September 26, 2023
8UnsecuredBest Rental Servicesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$9.29KAmended Notice to Creditors dated September 26, 2023
8UnsecuredBuilding Knowledge Canada Inc. · in 2 casesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$9.15KAmended Notice to Creditors dated September 26, 2023
8UnsecuredEXP Services Inc · in 2 casesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$8.86KAmended Notice to Creditors dated September 26, 2023
8UnsecuredMiller Thomson LLP · in 23 casesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$8.19KAmended Notice to Creditors dated September 26, 2023
8UnsecuredAll Canadian Waste Disposal Incdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$7.96KAmended Notice to Creditors dated September 26, 2023
8UnsecuredSuperstar Realty Ltd Brokeragedebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$7.69KAmended Notice to Creditors dated September 26, 2023
8UnsecuredInvestment Hardware Limiteddebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$7.49KAmended Notice to Creditors dated September 26, 2023
8UnsecuredBattlefield Equipment Rentals · in 25 casesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$6.67KAmended Notice to Creditors dated September 26, 2023
8UnsecuredCon-Draindebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$5.41KAmended Notice to Creditors dated September 26, 2023
8UnsecuredFrew Energy Ltd.debtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$4.96KAmended Notice to Creditors dated September 26, 2023
8UnsecuredStrada Aggregatesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$4.91KAmended Notice to Creditors dated September 26, 2023
8UnsecuredWSP Canada Inc · in 10 casesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$4.86KAmended Notice to Creditors dated September 26, 2023
8UnsecuredBeaver Valley Stone Limited · in 2 casesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$4.54KAmended Notice to Creditors dated September 26, 2023
8UnsecuredNCC Contractingdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$4.28KAmended Notice to Creditors dated September 26, 2023
8UnsecuredMiller Mobile Offices · in 2 casesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$4.01KAmended Notice to Creditors dated September 26, 2023
8UnsecuredStrybos Barron King Landscape Architecturedebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$3.58KAmended Notice to Creditors dated September 26, 2023
8UnsecuredSeal Rite Waterproofing Inc.debtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$3.56KAmended Notice to Creditors dated September 26, 2023
8UnsecuredHome Corp Services Inc.debtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$3.01KAmended Notice to Creditors dated September 26, 2023
8UnsecuredPro Star Excavating & Grading Ltd.debtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$2.77KAmended Notice to Creditors dated September 26, 2023
8UnsecuredMQ Energy Inc · in 2 casesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$2.51KAmended Notice to Creditors dated September 26, 2023
8UnsecuredRoyal Oak Railing & Stair Ltd.debtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$1.49KAmended Notice to Creditors dated September 26, 2023
8UnsecuredYork Power & Lighting Inc.debtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$1.31KAmended Notice to Creditors dated September 26, 2023
8UnsecuredTerra Concrete Formingdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$860Amended Notice to Creditors dated September 26, 2023
8UnsecuredAlectra Utilities Corporation · in 16 casesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$833Amended Notice to Creditors dated September 26, 2023
8UnsecuredNestor Construction Ltd.debtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$699Amended Notice to Creditors dated September 26, 2023
8UnsecuredSoil Engineers Ltddebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$396Amended Notice to Creditors dated September 26, 2023
8UnsecuredMaple Concrete Pumpingdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$378Amended Notice to Creditors dated September 26, 2023
8UnsecuredSafex Workplace Safety Managers · in 2 casesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$305Amended Notice to Creditors dated September 26, 2023
8UnsecuredEnbridge Gas Inc · in 6 casesdebtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$67Amended Notice to Creditors dated September 26, 2023
8UnsecuredCanada Revenue Agency · in 926 casesnominal placeholder claim, listed separately from HST claim below — debtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$1Amended Notice to Creditors dated September 26, 2023
8UnsecuredEquitable Bank, c/o Blaney McMurtry LLPnominal placeholder claim; also listed as secured creditor on page 4 — debtor: Stateview Homes (On The Mark) Inc. · as of 25 Sep 2023$1Amended Notice to Creditors dated September 26, 2023

“not stated” means the record names the claim without a figure; “—” means not in the extracted record.

Sale processAs stated in the filings

12 transactions · 7 closed · 4 approved · 1 terminated — The Sale Process for the Elm Real Property is ongoing, as offers submitted to date were not accepted.Aide Memoire of the Receiverdated August 5, 2026 · 4 Aug 2026

Parties solicited

2208

Tenth Report of the Receiver dated April 30, 2024

NDAs signed

44

Tenth Report of the Receiver dated April 30, 2024

Bids received

5

Tenth Report of the Receiver dated April 30, 2024

Stalking horse

2077060 Ontario Inc. · $14.4M

Second Report to Court of the Receiver dated July 12,…

PurchaserPriceStatusSource
2077060 Ontario Inc.Stalking horseOn the Mark's right, title and interest in and to the Purchased Assets · asset sale · agreement 30 Jun 2023$14.4M (mixed consideration)cash consideration payable on closing in excess of $14,375,000, plus the amount of $400,000, plus assumption of Trade Liabilities and second-lien mortgage securityClosed14 Sep 2023Tenth Report of the Receiver dated April 30,…
2133904 Ontario Inc.the Purchased Assets (as defined in the Sale Agreement), including, without limitation, all of the Debtor's right, title and interest in and to the real property listed on Schedule 'B' · real property · agreement 10 Aug 2023$11.3MPrice sealed pending further Court order or closing of the Transaction; purchase price figure not disclosed in the unsealed text.Closed31 Oct 2023Fifteenth Report of the Receiver dated March…
purchaser of the Highview real property, unnamed in this reportHighview · real propertynot statedApprovedFifth Report of the Receiver dated October 2,…
Camcos (McCowan) Inc.Nao's right, title and interest in and to the Purchased Assets (as defined in the Nao APS) (the 'Nao Purchased Assets') · asset sale · agreement 19 Oct 2023not statedClosed26 Jan 2024Receiver's Certificate re (NAO Towns) dated…
KingSett Real Estate Growth LP No. 8, by its general partner KingSett Real Estate Growth GP No. 8 Inc.Taurasi Holdings' right, title and interest in and to the Purchased Assets (as defined in the TLSFD APS) · real property · agreement 18 Oct 2023not statedClosed30 Nov 2023Trustee's Report to Creditors on Preliminary…
Delton Acquisitions Inc.the Property of each of Minu and High Crown · asset salenot statedApprovedTenth Report of the Receiver dated April 30,…
KingSett REG LPRelated partythe Bradwick & Rivermede Properties · asset salenot statedApprovedTenth Report of the Receiver dated April 30,…
Rovito Investments (BT) Inc.the sole remaining Industrial Property · real property · agreement 3 Apr 2024not statedClosed20 Jun 2024Trustee's Report to Creditors on Preliminary…
Fifth Avenue Homesthe BEA Real Property · real propertynot statedTerminated13th Report of the Receiver dated January 8,…
Arnold Street Wallaceburg Inc.the Debtor's right, title and interest in and to the Purchased Assets · real property · nominee/assignee: Gracious Industrial Developments Inc. · agreement 13 Sep 2023not statedApproved17 Jan 2025Approval and Vesting Order dated January 17,…
Arnold Street Wallaceburg Inc.the Purchased Assets · real property · nominee/assignee: Gracious Industrial Developments Inc. · agreement 13 Sep 2024not statedClosed27 Jan 2025Receiver's Certificate
1000707996 Ontario Inc.the Transaction ... which primarily included the NAO2 Real Propertynot statedClosed28 Feb 2024outside 31 Aug 2023Fourteenth Report of the Receiver dated March…
AdvisorsCushman & Wakefield (listing broker); Colliers (listing broker); CBRE Limited (listing broker); JLL (listing broker); Jones Lang LaSalle Real Estate Services, Inc. (listing broker)Trustee's Report to Creditors on Preliminary Administration dated July…
Closing termsVesting effective upon delivery of the Receiver's Certificate confirming payment of the Purchase Price and satisfaction of closing conditions.Approval and Vesting Order dated January 17, 2025
Sealed materialsConfidential Appendices '2' and '6' to the Sixth Report; Confidential Appendices '1' and '5' to the Sixth Report; Confidential Appendices '3' and '7' to the Sixth Report; Confidential Appendices '4' and '8' to the Sixth Report; Confidential Appendices 1 and 2 to the Seventh Report; Confidential Appendix '1' to the Ninth ReportApproval and Vesting Order re High Crown Estates dated November 16, 2023
RecoveriesAs declared or paid

Unsecured creditors: no distribution. Dorr Capital Corporation short by $1.24M · First Lien Lenders paid in full · KingSett Mortgage Corporation short.Fourteenth Report of the Receiver · 12 Mar 2025

ClassCreditorClaimsRecoveryBasisSource
Secured——shortfall—Book of Authorities of KingSett Mortgage Corporation re Motion · 14 Sep 2023
SecuredNAO2 LendersAtrium Mortgage Investment Corporation and Dorr Capital Corporation—$5.08McumulativeFinalper the receiverFourteenth Report of the Receiver · 12 Mar 2025
SecuredDCC First MortgageDorr Capital Corporation—short by $1.24MFinalMotion Record of the Applicant · 24 Jun 2025
SecuredFirst Lien Lenders—paid in fullFinalBook of Authorities of KingSett Mortgage Corporation re Motion · 14 Sep 2023
SecuredKingSett Mortgage Corporation—shortfallEstimatedper the receiverNinth Report of the Receiver · 29 Apr 2024
SecuredRoyal Bank of Canada—shortfall—Book of Authorities of KingSett Mortgage Corporation re Motion · 14 Sep 2023
SecuredSecond Lien Lenders$150M$6MFinalBook of Authorities of KingSett Mortgage Corporation re Motion · 14 Sep 2023
PMSI / lessorApplewood Air-Conditioning Limited—$4KFinalper the courtFinal Distribution and Discharge Order · 21 Nov 2024
PMSI / lessorCar-Wal Garage Doors Inc.—$4.92KFinalper the courtFinal Distribution and Discharge Order · 21 Nov 2024
PMSI / lessorGEI—$3.42Kper the receiverFourteenth Report of the Receiver · 12 Mar 2025
PMSI / lessorStardrain & Concrete Inc.—$5.29KFinalper the courtFinal Distribution and Discharge Order · 21 Nov 2024
PMSI / lessorTrudel & Sons Roofing Ltd.—$10.1KFinalper the courtFinal Distribution and Discharge Order · 21 Nov 2024
Unsecuredcreditors with a claim subordinate to the NAO2 Lenders—no distributionper the receiverFourteenth Report of the Receiver · 12 Mar 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.

Fees and ratesAs stated in the filings

5 engagements · 3 firms — latest: KSV Restructuring Inc., 1 Feb – 31 Oct 2024, $60,404.75 in feesFourteenth Report of the Receiver · 12 Mar 2025

FirmPeriodHoursFeesRatesSource
KSV Restructuring Inc.Receiverperiod 2 of 21 Feb – 31 Oct 2024107.93$60,404.75ex. tax$550 – $8502 peopleFourteenth Report of the Receiver · 12 Mar 2025
2 people — KSV Restructuring Inc., 1 Feb – 31 Oct 2024
NameTitleHoursRateFees
Robert Kofman—33.5$850$28,475.00
Jordan Wong—45.25$550$24,887.50
Other Staff and Administration—29.18—$7,042.25
KSV Restructuring Inc.Receiverperiod 1 of 2———$613.67stated averageFifteenth Report of the Receiver · 12 Mar 2025
PaliareCounsel to the receiver———$763stated averageFifteenth Report of the Receiver · 12 Mar 2025
Paliare Roland Rosenberg Rothstein LLPCounselperiod 2 of 21 Feb – 23 Oct 2024—$105,487.12incl. tax$275 – $9008 peopleFourteenth Report of the Receiver · 12 Mar 2025
8 people — Paliare Roland Rosenberg Rothstein LLP, 1 Feb – 23 Oct 2024
NameTitleHoursRateFees
Jeffrey Larry—52.9$900$50,240.00
Max Stamina—0.2$900$180.00
Paul Davis—0.6$800$480.00
Daniel Rosenbluth—57.2$650$37,180.00
Sonia Patel—1.6$500$800.00
Adam Iggers—13.3$275$96.50
Afsheen Chowdhury—3.4$275$935.50
Deanna Watters—6.3$275$1,732.50
Subtotal———$92,510.00
Paliare Roland Rosenberg Rothstein LLPCounselperiod 1 of 2—26.9$18,037.50ex. tax$275 – $9509 peopleFourteenth Report of the Receiver · 12 Mar 2025
9 people — Paliare Roland Rosenberg Rothstein LLP, —
NameTitleHoursRateFees
Jeffrey Larry—8.8$950$8,360.00
Jeffrey Larry—8.6$948.26$8,155.00
Max Stamina—0.2$900$180.00
Paul Davis—0.5$800$400.00
Daniel Rosenbluth—11.5$650$7,475.00
Sonia Patel—1.6$500$800.00
Afsheen Chowdhury—3.4$275$935.00
Deanna Watters—2.6$275$715.00
Adam Iggers—3.3$275$907.50

Top rate $850 · 54th percentile of receiver rates, 2024 · of 84

Estate financialsReported figures — never derived
Total assets at filing$14.4M
Total liabilities at filing$42.2M

As at 25 Sep 2023 · per Statement of Affairs as stated and estimated by the officer (KSV Restructuring Inc.) · entity - Stateview Homes (On The Mark) Inc. — Deficiency of $27,798,834.65 stated; total assets consist entirely of accounts receivable estimated to produce $14,375,000.00; total liabilities comprise unsecured ($22,573,833.65 stated on face, though itemized list totals $16,638,834.65 per page 10 grand total discrepancy noted), secured ($14,375,000.00), preferred ($0.00), contingent/trust ($0.00), plus balance of secured claims per List B ($5,225,001.00 shown separately in totals section)

Professional fees to date

$55.8K

As at 12 Mar 2025Fifteenth Report of the Receiver dated March 12, 2025

Documents
168 filings
DateDocumentFile
Court Order (Amending Receivership and Ancillary Relief) datd August 6, 2026
  • Presiding officer Justice W.D. Black
PDF
Endorsement of Justice W.D. Black dated August 6, 2026
  • Presiding officer Justice W.D. Black
PDF
Order Amending Receivership and Ancillary Relief dated August 6, 2026
  • Presiding officer Justice W.D. Black
PDF
Aide Memoire of the Receiverdated August 5, 2026
  • Sale outcome Liquidation in progress — The Sale Process for the Elm Real Property is ongoing, as offers submitted to date were not accepted.
  • Secured creditors Note: Described on the face of the document as 'the Applicant and senior secured creditor'; it has consented to the proposed increase in the Receiver's Borrowing Limit. No amount or security description stated. · Page: 3 · Debtor: Stateview Homes (Elm & Co) Inc. · Creditor: Meridian Credit Union Limited
PDF
Motion Record of the Receiver dated July 31, 2026PDF
16th Report to Court dated July 30, 2026
  • Sale advisor Cushman & Wakefield ULC (listing broker)
  • Sale outcome Liquidation in progress — The Elm Real Property is the last Stateview Group property remaining to be sold; offers submitted were not accepted and the Sale Process has continued since that time.
  • Secured creditors Page: 6 · Debtor: Stateview Homes (Elm&Co) Inc. · Creditor: Dorr Capital Corporation · Currency: CAD · Security: Mortgage registered on title to the Elm Real Property on December 9, 2022 in the amount of C$4,000,000 (registered mortgage amount; no outstanding balance is stated).
  • Unsecured creditors per Receiver's report: prior to the receivership, Stateview Elm entered into Pre-Sale Purchase Agreements under which the Pre-Sale Purchasers paid one or more deposits; by order dated March 19, 2024 the Court authorized the Receiver to terminate and disclaim all Stateview Elm Pre-Sale Purchase Agreements so purchasers could claim with Tarion Warranty Corporation under Tarion's deposit insurance coverage program. — No number of purchasers or aggregate deposit amount is stated. Claims directed to Tarion's deposit insurance program.
PDF
Receiver's Discharge Certificate Executed July 9, 2025PDF
Receiver's Discharge Certificate dated July 8, 2025PDF
Court Order re Marzano Settlement dated June 26, 2025
  • Counsel Murtry LLP
  • Presiding officer Justice W.D. Black
PDF
Endorsement of Justice Black dated June 26, 2025
  • Presiding officer Justice Black
PDF
Motion Record of the Applicant dated June 24, 2025
  • Recovery outcome Entries: per actual; per actual · Table missing:
PDF
Discharge Order dated March 18, 2025
  • Counsel Paliare Roland Rosenberg Rothstein LLP
  • Presiding officer Justice Osborne
PDF
Factum of the Receiver dated March 17, 2025
  • Counsel Paliare Roland Rosenberg Rothstein LLP
PDF
Fifteenth Report of the Receiver dated March 12, 2025
  • Closing confirmed Closed · 31 Oct 2023 · 2133904 Ontario Inc.
  • Fee schedule Engagements: Form: prose · Rows: · Money: Approximate: false · Period: Kind: unstated · Approval: State: unstated · Averages: the Receiver · Currency: · Invoices: · Firm text: KSV Restructuring Inc. · Firm quote: KSV Restructuring Inc. (' KSV ') was appointed as the receiver and manager (the ' Receiver ') · Context quote: KSV Restructuring Inc. (' KSV ') was appointed as the receiver and manager (the ' Receiver ') of the property, assets and undertaking of Highview Building Corp Inc.; Form: prose · Rows: · Money: Approximate: false · Period: Kind: unstated · Approval: State: unstated · Averages: Paliare · Currency: · Invoices: · Firm text: Paliare · Firm quote: The average hourly rate for Paliare was $771.32. · Context quote: The average hourly rate for Paliare was $771.32.
  • Professional fees $55.8K · Note: Excludes disbursements and HST. Paliare's (Receiver's counsel) fees for Highview specifically plus allocated general fees total $93,446, also excluding disbursements and HST, for the period September 13, 2023 to February 19, 2025. · Party: Receiver (KSV Restructuring Inc.) · Period: September 1, 2023 to February 28, 2025
  • Purchaser 2133904 Ontario Inc. · the Highview Real Property · real property · $11.3M · closed
  • + 3 more extracted facts
PDF
Fourteenth Report of the Receiver dated March 12, 2025
  • Closing confirmed Closed · 28 Feb 2024 · 1000707996 Ontario Inc.
  • Fee schedule Engagements: Form: time_summary · Rows: Robert Kofman; Jordan Wong; Fees: 7042.25 · Hours: 29.18 · Quote: Other Staff and Administration | | 29.18 | 7,042.25 · Row kind: bucket · Rate kind: standard · Name as stated: Other Staff and Administration · Money: Tax: $7.98K · Label: HST · Quote: HST | 7,983.74 · Fees: $60.4K · Quote: Total Fees | | 107.93 | 60,404.75 · Total: $69.4K · Quote: Total due | $ 69,397.11 · includes tax · includes disbursements · Approximate: false · Disbursements: $1.01K · Quote: Add: Out of Pocket Disbursements (courier, virtual data room) | | | 1,008.62 · Period: End: 2024-10-31 · Kind: invoice · Quote: For the Period February 1 to October 31, 2024 · Start: 2024-02-01 · Approval: State: unstated · Averages: Receiver · Currency: · Invoices: · Firm text: KSV Restructuring Inc. · Firm quote: KSV Restructuring Inc. · Hours total: Quote: Total Fees | | 107.93 | 60,404.75 · Value: 107.93 · Context quote: Fourteenth Report to Court of KSV Restructuring Inc. as Receiver and Manager of Stateview Homes (NAO Towns II) Inc.; Form: rate_chart · Rows: Jeffrey Larry; Daniel Rosenbluth; Paul Davis; Max Stamina; Sonia Patel; Adam Iggers; Afsheen Chowdhury; Deanna Watters; Fees: 92510 · Quote: Subtotal | | | $92,510.00 · Row kind: subtotal · Rate kind: standard · Name as stated: Subtotal · Money: Total: $105K · Quote: Inclusive of HST and disbursements, the total amount of the Dockets are $105,487.12. · includes tax · includes disbursements · Approximate: false · Period: End: 2024-10-23 · Kind: cumulative · Quote: Paliare Roland's fees and disbursements from February 1, 2024, to October 23, 2024 · Start: 2024-02-01 · Approval: State: unstated · Averages: Paliare · Currency: · Invoices: · Firm text: Paliare Roland Rosenberg Rothstein LLP · Firm quote: Paliare Roland has provided legal services to and incurred disbursements on behalf of the Receiver. · Context quote: I am an assistant at the law firm of Paliare Roland Rosenberg Rothstein LLP ("Paliare Roland"). · Comparability quote: The usual hourly rates for the listed professionals for this type of matter.; Form: invoice_listing · Rows: Adam Iggers; Deanna Watters; Jeffrey Larry; Max Stamina; Daniel Rosenbluth; Paul Davis · Money: Tax: $2.37K · Label: Total HST · Quote: Total HST | 2,370.43 · Fees: $18K · Quote: OUR FEES | | | $ 18,037.50 · Total: $20.6K · Quote: INVOICE TOTAL | | | $ 20,604.43 · includes tax · includes disbursements · Approximate: false · Disbursements: $197 · Quote: Total Disbursements | | | 196.50 · Period: Kind: invoice · Approval: State: unstated · Averages: · Currency: · Invoices: · Firm text: Paliare Roland Rosenberg Rothstein LLP · Firm quote: PALIARE ROLAND BARRISTERS · Hours total: Quote: | 26.90 | | · Value: 26.9 · Context quote: Paliare Roland Rosenberg Rothstein LLP 155 Wellington St. West, 35th Floor Toronto, ON M5V 3H1; Form: invoice_listing · Rows: Afsheen Chowdhury; Sonia Patel; Deanna Watters; Jeffrey Larry; Daniel Rosenbluth; Paul Davis · Money: Tax: $2.03K · Label: Total HST · Quote: Total HST | 2,030.93) · Fees: $15.6K · Quote: OUR FEES | | | $ 15,622.50) · Total: $17.7K · Quote: INVOICE TOTAL | | | $ 17,653.43) · includes tax · Approximate: false · Period: Kind: invoice · Approval: State: unstated · Averages: · Currency: · Invoices: · Firm text: Paliare Roland Rosenberg Rothstein LLP · Firm quote: PALIARE ROLAND BARRISTERS · Hours total: Quote: | 22.80 | | · Value: 22.8 · Context quote: Paliare Roland Rosenberg Rothstein LLP 155 Wellington St. West, 35th Floor Toronto, ON M5V 3H1
  • Recovery outcome Entries: per unstated; per actual; per unstated · Table missing:
  • Sale outcome Sale closed — The Transaction closed on February 28, 2024, with the Receiver having made distributions to the NAO2 Lenders since closing.
PDF
Motion Record (Discharge) of the Receiver dated March 12, 2025PDF
Motion Record of the Receiver dated March 12, 2025PDF
Court Order Lifting Stay of Proceedings dated February 27, 2025
  • Counsel Torys LLP
  • Presiding officer Justice Black
PDF
Endorsement of Justice Black dated February 27, 2025
  • Presiding officer Justice Black
PDF
Factum of Tarion Warranty Corporation re Lift Stay Motion dated February 25, 2025 - all entities
  • Counsel Torys LLP
PDF
Motion Record of Tarion Warranty Corporation re Lift Stay dated February 20, 2025PDF
Receiver's Certificate
  • Closing confirmed Closed · 27 Jan 2025 · Arnold Street Wallaceburg Inc.
PDF
Ancillary and Discharge Order dated January 17, 2025
  • Counsel Paliare Roland Rosenberg Rothstein LLP
  • Presiding officer Justice Steele
PDF
Approval and Vesting Order dated January 17, 2025
  • Closing terms Vesting effective upon delivery of the Receiver's Certificate confirming payment of the Purchase Price and satisfaction of closing conditions.
  • Purchaser Arnold Street Wallaceburg Inc. · nominee/assignee Gracious Industrial Developments Inc. · the Debtor's right, title and interest in and to the Purchased Assets · real property · approved
PDF
Endorsement of Justice Cavanagh dated January 17, 2025
  • Presiding officer Justice Cavanagh
PDF
Factum of the Receiver dated January 15, 2025
  • Counsel Paliare Roland Rosenberg Rothstein LLP
PDF
Fresh as Amended Factum of the Receiver dated January 15, 2025PDF
Motion Record of the Receiver dated January 9, 2025
  • Fee schedule Engagements: Form: prose · Rows: · Money: Approximate: false · Period: Kind: unstated · Approval: State: unstated · Averages: Receiver · Currency: · Invoices: · Firm text: KSV Restructuring Inc. · Firm quote: KSV Restructuring Inc., in its capacity as receiver and manager (the ' Receiver ') · Context quote: KSV Restructuring Inc., in its capacity as receiver and manager (the ' Receiver ') of the property, assets and undertakings of Stateview Homes (BEA Towns) Inc.; Form: prose · Rows: · Money: Approximate: false · Period: Kind: unstated · Approval: State: unstated · Averages: Paliare · Currency: · Invoices: · Firm text: Paliare Roland Rosenberg Rothstein LLP · Firm quote: Fee Affidavit of Paliare Roland Rosenberg Rothstein LLP · Context quote: Lawyers for the Receiver, KSV Restructuring Inc.
PDF
13th Report of the Receiver dated January 8, 2025
  • Fee schedule Engagements: Form: prose · Rows: · Money: Approximate: false · Period: Kind: unstated · Quote: The average hourly rate for the Receiver for the referenced billing period was $587.02. · Approval: State: unstated · Averages: Receiver · Currency: · Invoices: · Firm text: KSV Restructuring Inc. · Firm quote: KSV Restructuring Inc. (' KSV ') was appointed as the receiver and manager (the ' Receiver ') · Context quote: KSV was appointed as the receiver and manager (the ' Receiver ') of the property, assets and undertaking of Stateview Homes (BEA Towns) Inc. · Context unverified: true; Form: prose · Rows: · Money: Approximate: false · Period: Kind: unstated · Approval: State: unstated · Averages: Paliare · Currency: · Invoices: · Firm text: Paliare · Firm quote: The average hourly rate for Paliare was $766.09. · Context quote: The average hourly rate for Paliare was $766.09.
  • Purchaser Arnold Street Wallaceburg Inc. · nominee/assignee Gracious Industrial Developments Inc. · the Purchased Assets · real property · proposed; Fifth Avenue Homes · the BEA Real Property · real property · terminated
  • Recovery outcome Entries: per estimated · Table missing:
  • Sale advisor Colliers International (listing broker)
  • + 1 more extracted fact
PDF
Final Distribution and Discharge Order dated November 21, 2024
  • Presiding officer Justice Steele
  • Recovery outcome Entries: per actual; per actual; per actual; per actual · Stated on: 2024-11-21 · Table missing:
PDF
Factum of the Receiver dated November 19, 2024
  • Counsel Cassels Brock & Blackwell LLP
PDF
Motion Record - KSV Restructuring Inc - Receiver - 15-NOV-24PDF
Twelfth Report of the Receiver dated November 15, 2024PDF
Service List as at November 14, 2024
  • Counsel Mandell Law Professional Corporation
PDF
Dismissal Order dated October 24, 2024
  • Presiding officer Justice W.D. Black
PDF
Court Order dated October 23, 2024
  • Counsel Murtry LLP
  • Presiding officer Justice W.D. Black
PDF
Endorsement of Justice Black dated October 18, 2024
  • Presiding officer Justice Black
PDF
Notice of Abandonment of the Appeal dated October 18, 2024PDF
Compendium of the Moving Party dated September 23, 2024PDF
Book of Authorities of the Moving Party dated September 19, 2024PDF
Reply Factum of Moving Party dated September 19, 2024
  • Counsel Sotos LLP
PDF
Responding Factum of the Receiver dated September 13, 2024PDF
Supplement to Eleventh Report of the Receiver dated September 13, 2024PDF
Factum of the Moving Party, Dharmi Mehta dated August 30, 2024
  • Counsel Sotos LLP
PDF
Supplementary Motion Record of the Moving Party, Dharmi Mehta dated August 30, 2024
  • Counsel Sotos LLP
PDF
Eleventh Report of the Receiver dated August 8, 2024PDF
Trustee's Report to Creditors on Preliminary Administration dated July 11, 2024
  • Closing confirmed Closed · 30 Nov 2023 · KingSett Real Estate Growth LP No. 8, by its general partner, KingSett Real Estate Growth GP No. 8 Inc.; Closed · 20 Jun 2024 · Rovito Investments (BT) Inc.
  • Purchaser KingSett Real Estate Growth LP No. 8, by its general partner, KingSett Real Estate Growth GP No. 8 Inc. · three of the four Industrial Properties · real property · closed; Rovito Investments (BT) Inc. · the sole remaining Industrial Property · real property · closed
  • Sale advisor Jones Lang LaSalle Real Estate Services, Inc. (listing broker)
  • Sale outcome Sale closed — As a result of the TLSFD Transactions, substantially all of Taurasi Holdings' assets were vested in the Purchasers
PDF
Notice of Bankruptcy and First Meeting of Creditors dated June 25, 2024PDF
Certificate of Appointment dated June 21, 2024PDF
Receiver's Certificate re Oster Lane dated June 20, 2024PDF
Court of Appeal's Decision dated June 6, 2024 - Stateview NAO IIPDF
Motion Record of the Respondent Dharmi Mehta dated May 8, 2024PDF
Approval and Vesting Order dated May 3, 2024
  • Sealed items Confidential Appendix '1' to the Ninth Report
PDF
Bankruptcy Order dated May 3, 2024
  • Counsel Bennett Jones LLP
  • Presiding officer Justice Conway
PDF
Distribution Order dated May 3, 2024
  • Presiding officer Justice Conway
PDF
Endorsement of Justice Conway dated May 3, 2024
  • Presiding officer Justice Conway
PDF
Factum of the Receiver dated April 30, 2024
  • Counsel Cassels Brock & Blackwell LLP
PDF
Tenth Report of the Receiver dated April 30, 2024
  • Closing confirmed Closed · 14 Sep 2023 · 2077060 Ontario Inc.
  • Process results 2208 solicited · 44 NDAs · 5 bids
  • Purchaser Delton Acquisitions Inc. · the Property of each of Minu and High Crown · asset sale · approved; 2077060 Ontario Inc. · On the Mark's assets · asset sale · closed; KingSett REG LP (related party) · the Bradwick & Rivermede Properties · asset sale · approved
  • Recovery outcome Entries: per unstated · Table missing:
  • + 2 more extracted facts
PDF
Motion Record of KingSett Mortgage Corporation dated April 29, 2024PDF
Motion Record of the Receiver dated April 29, 2024
  • Recovery outcome Entries: per estimated; per estimated · Stated on: 2024-04-29 · Table missing:
PDF
Ninth Report of the Receiver dated April 29, 2024
  • Recovery outcome Entries: per estimated · Stated on: 2024-04-29 · Table missing:
PDF
Notice of Appeal Revised April 19, 2024PDF
Endorsement of Justice Black dated April 9, 2024
  • Presiding officer Justice Black
PDF
Bea Towns, Service List as of April 3, 2024
  • Counsel Sotos LLP
PDF
Service List updated as of April 3, 2024
  • Counsel McCarthy Tetrault LLP
PDF
Aide Memoire of the Proposed Representative Plaintiff dated April 1, 2024PDF
Aide Memoire of the Receiver dated April 1, 2024PDF
Court Order dated March 19, 2024
  • Presiding officer Justice Penny
PDF
Endorsement of Justice Penny dated March 19, 2024
  • Presiding officer Justice Penny
PDF
Eighth Report of the Receiver dated March 13, 2024PDF
Factum of the Receiver dated March 13, 2024
  • Counsel Paliare Roland Rosenberg Rothstein LLP
PDF
Motion Record of the Receiver dated March 13, 2024
  • Recovery outcome Entries: per estimated · Stated on: 2024-03-13 · Table missing:
PDF
Endorsement of Justice Black dated March 5, 2024
  • Presiding officer Justice Black
PDF
Second Distribution Order dated March 5, 2024
  • Counsel Paliare Roland Rosenberg Rothstein LLP
  • Presiding officer Justice Black
PDF
Reply Factum of the Receiver dated March 1, 2024
  • Counsel Paliare Roland Rosenberg Rothstein LLP
PDF
Reply Motion Record of the Moving Party dated February 28, 2024
  • Counsel Sotos LLP
PDF
Reply Motion Record of the Moving Party re Cross-Motion dated February 28, 2024
  • Counsel Sotos LLP
PDF
Supplement to the Seventh Report of the Receiver dated February 23, 2024PDF
Supplementary Motion Record of the Receiver dated February 23, 2024
  • Counsel Paliare Roland Rosenberg Rothstein LLP
PDF
Notice to Home Buyers of Stateview Homes (NAO Towns II) Inc.PDF
Ancillary Relief Order dated February 15, 2024
  • Order date 15 February 2024
  • Presiding officer Justice Black
  • Sealed items Confidential Appendices 1 and 2 to the Seventh Report
PDF
Approval and Vesting Order dated February 15, 2024PDF
Endorsement of Justice Black dated February 15, 2024
  • Presiding officer Justice Black
PDF
Factum of Moving Party dated February 14, 2024
  • Counsel Sotos LLP
PDF
Motion Record of the Moving Party (Cross-Motion) dated February 14, 2024PDF
Factum of the Receiver dated February 9, 2024
  • Counsel Paliare Roland Rosenberg Rothstein LLP
PDF
Motion Record of the Moving Party dated February 9, 2024PDF
Motion Record of the Receiver dated February 8, 2024PDF
Seventh Report of the Receiver dated February 7, 2024PDF
Receiver's Certificate re (High Crown) dated January 26, 2024
  • Closing confirmed Closed · date not stated · Camcos
PDF
Receiver's Certificate re (Minu Towns) dated January 26, 2024PDF
Receiver's Certificate re (NAO Towns) dated January 26, 2024
  • Closing confirmed Closed · 26 Jan 2024 · Camcos (McCowan) Inc.
PDF
Endorsement of Justice Steele dated December 22, 2023
  • Presiding officer Justice Steele
PDF
Receiver's Certificate re TLSFD dated November 30, 2023
  • Closing confirmed Closed · 30 Nov 2023
PDF
Amended Approval and Vesting Order re TLSFD dated November 16, 2023
  • Order date 16 November 2023
  • Purchaser KingSett Real Estate Growth LP No. 8, by its general partner KingSett Real Estate Growth GP No. 8 Inc. · Taurasi Holdings' right, title and interest in and to the Purchased Assets (as defined in the TLSFD APS) · asset sale · approved
  • Sealed items Confidential Appendices '1' and '5' to the Sixth Report
PDF
Ancillary and Distribution Order dated November 16, 2023
  • Presiding officer Justice Osborne
PDF
Approval and Vesting Order Taurasi Holdings dated November 16, 2023
  • Closing terms Vesting effective upon delivery of Receiver's Certificate confirming payment of Purchase Price and satisfaction/waiver of other closing conditions.
  • Order date 16 November 2023
  • Purchaser KingSett Real Estate Growth LP No. 8, by its general partner KingSett Real Estate Growth GP No. 8 Inc. · Taurasi Holdings' right, title and interest in and to the Purchased Assets (as defined in the TLSFD APS) · asset sale · approved
  • Sale outcome Sale approved — the TLSFD Transaction is hereby approved
  • + 1 more extracted fact
PDF
Approval and Vesting Order re High Crown Estates dated November 16, 2023
  • Order date 16 November 2023
  • Sale outcome Sale approved — The High Crown Transaction is hereby approved
  • Sealed items Confidential Appendices '2' and '6' to the Sixth Report
PDF
Approval and Vesting Order re Minu Towns dated November 16, 2023
  • Order date 16 November 2023
  • Sealed items Confidential Appendices '4' and '8' to the Sixth Report
PDF
Approval and Vesting Order re NAO Towns dated November 16, 2023
  • Order date 16 November 2023
  • Purchaser Camcos (McCowan) Inc. · Nao's right, title and interest in and to the Purchased Assets (as defined in the Nao APS) (the 'Nao Purchased Assets') · asset sale · approved
  • Sealed items Confidential Appendices '3' and '7' to the Sixth Report
PDF
Endorsement of Justice Osborne dated November 16, 2023
  • Presiding officer Justice Osborne
PDF
Motion Record of the Receiver returnable November 14, 2023PDF
Factum of the Receiver dated November 10, 2023PDF
Notice to Home Buyers of High Crown Nao and Minu dated November 9, 2023PDF
Notice of Motion dated November 8, 2023
  • Counsel Cassels Brock & Blackwell LLP
PDF
Sixth Report of the Receiver dated November 8, 2023PDF
Amended Motion Record of Tarion Warranty Corporation returnable November 2, 2023PDF
Factum of the Moving Party returnable November 2, 2023PDF
Motion Record Declaratory Relief returnable November 2, 2023PDF
Responding Factum dated October 31, 2023PDF
Trustee's Report to Creditors on Preliminary Administration dated October 15, 2023
  • Recovery outcome Entries: per estimated; per unstated · Stated on: 2023-10-15 · Table missing:
PDF
Service list as at October 4, 2023
  • Counsel Chaitons LLP
PDF
Affidavit of Daniel Pollack sworn October 2, 2023
  • Counsel Bennett Jones LLP
PDF
Fifth Report of the Receiver dated October 2, 2023
  • Purchaser purchaser of the On the Mark real property, unnamed in this report · On the Mark · real property · approved; purchaser of the Highview real property, unnamed in this report · Highview · real property · approved
  • Sale outcome Liquidation in progress — The Receiver has carried out a sale and marketing process for all of the Real Properties (other than On the Mark) pursuant to an Order dated June 5, 2023, and for On the Mark pursuant to an Order dated July 19, 2023
PDF
Ancillary Relief Order dated September 29, 2023
  • Presiding officer Justice Conway
PDF
Approval and Vesting Order dated September 29, 2023
  • Closing terms Vesting effective upon delivery of Receiver's Certificate confirming payment of purchase price and satisfaction of closing conditions
  • Purchaser 2133904 Ontario Inc. · the Purchased Assets (as defined in the Sale Agreement), including, without limitation, all of the Debtor's right, title and interest in and to the real property listed on Schedule 'B' · real property · approved
PDF
Endorsement of Justice Conway dated September 29, 2023
  • Presiding officer Justice Conway
PDF
Notice #2 to OTM Home Buyers dated September 27, 2023PDF
Amended Notice to Creditors dated September 26, 2023
  • Financial position Assets $14.4M · Liabilities $42.2M · as at 25 Sep 2023 · per Statement of Affairs as stated and estimated by the officer (KSV Restructuring Inc.) · entity - Stateview Homes (On The Mark) Inc. — Deficiency of $27,798,834.65 stated; total assets consist entirely of accounts receivable estimated to produce $14,375,000.00; total liabilities comprise unsecured ($22,573,833.65 stated on face, though itemized list totals $16,638,834.65 per page 10 grand total discrepancy noted), secured ($14,375,000.00), preferred ($0.00), contingent/trust ($0.00), plus balance of secured claims per List B ($5,225,001.00 shown separately in totals section)
  • Secured creditors Note: Amount not itemized on secured creditors page (page 4); nominal $1.00 claim also listed among unsecured creditors on page 6, possibly duplicate/placeholder filing · Page: 4 · As of: 2023-09-25 · Debtor: Stateview Homes (On The Mark) Inc. · Creditor: Equitable Bank, c/o Blaney McMurtry LLP · Currency: CAD
  • Unsecured creditors $20.7K · Page: 7 · As of: 2023-09-25 · Basis: Statement of Affairs List A as reported · Debtor: Stateview Homes (On The Mark) Inc. · Creditor: Maxguard
PDF
Certificate of Bankruptcy dated September 26, 2023PDF
Factum of the Receiver dated September 26, 2023
  • Counsel Paliare Roland Rosenberg Rothstein LLP
PDF
Motion Record of the Receiver returnable September 26, 2023
  • Fee schedule Engagements: Form: prose · Rows: · Money: Approximate: false · Period: Kind: unstated · Approval: State: unstated · Averages: the Receiver for the referenced billing period · Currency: · Invoices: · Firm text: KSV Restructuring Inc. · Firm quote: Fourth Report to Court of KSV Restructuring Inc. as Receiver and Manager of Highview Building Corp Inc. · Context quote: Fourth Report to Court of KSV Restructuring Inc. as Receiver and Manager of Highview Building Corp Inc.; Form: prose · Rows: · Money: Approximate: false · Period: Kind: unstated · Approval: State: unstated · Averages: Paliare · Currency: · Invoices: · Firm text: Paliare · Firm quote: The average hourly rate for Paliare was $763.00. · Context quote: Lawyers for the Receiver and Manager, KSV Restructuring Inc.
PDF
Fourth Report to Court dated September 22, 2023
  • Fee schedule Engagements: Form: prose · Rows: · Money: Approximate: false · Period: Kind: unstated · Approval: State: unstated · Averages: the Receiver · Currency: · Invoices: · Firm text: KSV Restructuring Inc. · Firm quote: KSV Restructuring Inc. as Receiver and Manager of Highview Building Corp Inc. · Context quote: appointing KSV Restructuring Inc. ('KSV') as the receiver and manager (the 'Receiver'); Form: prose · Rows: · Money: Approximate: false · Period: Kind: unstated · Approval: State: unstated · Averages: Paliare · Currency: · Invoices: · Firm text: Paliare · Firm quote: The average hourly rate for Paliare was $763.00. · Context quote: The average hourly rate for Paliare was $763.00.
  • Purchaser 2133904 Ontario Inc. · the Highview Real Property and all other property associated with the Highview Real Property (the 'Purchased Assets') · real property · price sealed · proposed
  • Sale advisor Colliers (listing broker)
  • Sale outcome Approval pending — Receiver recommends the Court issue the proposed AVO approving the Transaction
PDF
Receiver's Certificate dated September 22, 2023
  • Closing confirmed Closed · 22 Sep 2023 · 2077060 Ontario Inc.
PDF
Book of Authorities of KingSett Mortgage Corporation re Motion returnable September 14, 2023
  • Recovery outcome Entries: per unstated; per unstated; per unstated; per actual; per actual; per actual · Table missing:
PDF
Distribution Order dated September 14, 2023
  • Presiding officer Justice Cavanagh
PDF
Endorsement of Justice Cavanagh dated September 14, 2023
  • Presiding officer Justice Cavanagh
PDF
Factum of KingSett Mortgage Corporation re Motion returnable September 14, 2023
  • Counsel Bennett Jones LLP
PDF
Motion Record of KingSett Mortgage Corporation returnable September 14, 2023PDF
Motion Record of the Receiver returnable September 14, 2023PDF
On the Mark Approval and Vesting Order dated September 14, 2023
  • Closing terms Vesting occurs upon delivery of the Receiver's Certificate confirming payment of the Purchase Price, delivery of the Lien Claims Reserve Fund, and satisfaction/waiver of closing conditions.
  • Purchaser 2077060 Ontario Inc. · On the Mark's right, title and interest in and to the Purchased Assets · asset sale · approved
  • Sale outcome Sale approved — Transaction approved by the Court
PDF
On the Mark Bankruptcy Order dated September 14, 2023
  • Counsel Bennett Jones LLP
  • Presiding officer Justice Cavanagh
PDF
Factum of the Receiver dated September 8, 2023
  • Counsel Cassels Brock & Blackwell LLP
PDF
Notice of Motion dated September 7, 2023PDF
Third Report to Court of the Receiver dated September 7, 2023PDF
Endorsement of Justice Penny dated August 1, 2023
  • Counsel Paliare Roland Rosenberg Rothstein LLP
  • Presiding officer Justice Penny
PDF
Endorsement of Justice Steele dated July 19, 2023
  • Presiding officer Justice Steele
PDF
Motion Record of the Receiver returnable July 19, 2023PDF
OTM Sale Process Approval Order dated July 19, 2023
  • Order date 19 July 2023
  • Outside date 31 August 2023
  • Presiding officer Justice Steele
  • Sale outcome Sale process approved — Sale process approved for the OTM Property with a stalking horse agreement in place
PDF
Reply Factum of the Receiver dated July 19, 2023
  • Counsel Cassels Brock & Blackwell LLP
PDF
Responding Factum of Melissa Taurasi and Nelda Taurasi dated July 18, 2023PDF
Responding Motion Record of Melissa Taurasi and Nelda Taurasi dated July 18, 2023PDF
Notice to OTM Home Buyers dated July 14, 2023PDF
Second Report to Court of the Receiver dated July 12, 2023
  • Purchaser 2077060 Ontario Inc. (stalking horse) · the Purchased Assets · asset sale · $14.4M · proposed
  • Sale outcome Approval pending — recommendation to approve the Sale Process and Stalking Horse APA for the On the Mark Project
  • Stalking horse Stalking horse 2077060 Ontario Inc. $14.4M
PDF
Notice #3 to Unit Purchasers dated June 13, 2023PDF
Endorsement of Justice Penny dated June 5, 2023
  • Presiding officer Justice Penny
PDF
Link to June 5, 2023 Court HearingPDF
Sale Process Approval Order dated June 5, 2023
  • Presiding officer Justice Penny
  • Sale outcome Sale process approved — the Sale Process be and is hereby approved
PDF
Factum of the Receiver dated June 2, 2023PDF
Notice #2 to Unit Purchasers dated May 31, 2023PDF
First Report to Court of the Receiver dated May 30, 2023
  • Sale advisor Cushman & Wakefield (listing broker); Colliers (listing broker); CBRE Limited (listing broker); JLL (listing broker)
  • Sale outcome Sale process approved — Receiver recommends the Court issue an order approving the Sale Process for the Real Properties
PDF
Motion Record of the Receiver dated May 30, 2023PDF
Endorsement of Justice Penny dated May 18, 2023
  • Presiding officer Justice Penny
PDF
Meridian Receivership Order dated May 18, 2023
  • Applicant Meridian Credit Union Limited
  • Appointee KSV Restructuring Inc.
  • Appointee role receiver
  • Commencement date 18 May 2023
  • + 5 more extracted facts
PDF
Application Record dated May 8, 2023PDF
Book of Authorities of the Applicant dated May 8, 2023PDF
Factum of the Applicant dated May 8, 2023PDF
Notice #1 to Unit Purchasers dated May 5, 2023PDF
Endorsement of Justice Steele dated May 2, 2023
  • Presiding officer Justice Steele
PDF
Receivership Order dated May 2, 2023
  • Applicant Dorr Capital Corporation
  • Appointee KSV Restructuring Inc.
  • Appointee role receiver and manager
  • Counsel Murtry LLP
  • + 5 more extracted facts
PDF
Application Record dated May 1, 2023PDF
Notice of Application April 27, 2023
  • Counsel Murtry LLP
PDF
Notice of Application dated April 27, 2023
  • Counsel BLANEY McMURTRY LLP
PDF
Application Record dated April 26, 2023 - Volume 1 of 3PDF
Application Record dated April 26, 2023 - Volume 2 of 3)PDF
Application Record dated April 26, 2023 - Volume 3 of 3PDF
Motion Record of the Plaintiffs dated April 26, 2023PDF
Update from TarionPDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Stateview Group of Companies” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/stateview-group-of-companies

Recently updated

1281805 B.C. Ltd.

British Columbia · NOI

18 Sep 2026

Collection Tuff Avenue Inc.

Quebec · Bankruptcy

18 Sep 2026

6511 Sussex Heights Development Ltd. ("Highline Metrotown") and Minoru View Homes Ltd. ("Minoru Square") et al.

British Columbia · Receivership (court-appointed)

18 Sep 2026

177 Cross Argus Development Inc.

Ontario · NOI

18 Sep 2026

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/stateview-group-of-companies

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.