#Order
Investigation Order of Honourable Justice Steele dated was filed.
Source: Investigation Order of Honourable Justice Steele dated
The Canadian Group TCG Toys
ActiveFollow
- Proceeding
- Receivership (court-appointed)sections 47(1) and 243(1) of the Bankruptcy and Insolvency Act, and section 101 of the Courts of Justice Act
- Court
- Ontario Superior Court of Justice · Commercial List
- File
- CV-25-00743234-00CL
OverviewSummary updated
The Canadian Group TCG Toys has been in court-appointed receivership since May 16, 2025, when the Ontario Superior Court of Justice made a receivership order under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The proceeding carries court file number CV-25-00743234-00CL and remains active. The receivership order, dated Friday, the 16th day of May, 2025, is the only step recorded to date; the record contains no subsequent orders, reports or claims process for this matter.
Proceedings AIOpen Proceedings AI
Case updates23 dated entries
#Sale
The court granted an approval and vesting order. Sealed: Confidential Appendices '1' and '2' to the Second Report.
Source: Approval and Vesting Order
#Filing
Motion Record of the Assets, Undertakings and Properties — Application / notice of application
#Order
Placed the company into court-appointed receivership, commencing the Ontario proceeding under court file CV-25-00743234-00CL, dated Friday, the 16th day of May, 2025.
Source: Receivership Order
Parties
Debtor
The Canadian Group TCG Toys
Receiver
MNP
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Cavanagh | Ontario Superior Court of Justice | 3 orders, Nov 2025 | 318 cases on record |
| Justice Kimmel | Ontario Superior Court of Justice | 3 orders, Jun 2025 | 198 cases on record |
| Justice Osborne | Ontario Superior Court of Justice | 2 orders, May 2025 | 168 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverMNP | Peritz LLP | 14 Jul 2025 | Aide Memoire · 14 Jul 2025 |
| Applicant | Dickinson Wright LLP | 16 May 2025 | Order · 16 May 2025 |
| CreditorMichael Albert, 1389055 Ontario Corp | Paliare Roland Rosenberg Rothstein LLP | 14 Jul 2025 | Application · 14 Jul 2025 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | 816877 Ontario Limited ("GanzCo2")General security agreement(s) dated March 8, 2013 (one of "a pair of general security agreements" held collectively by the Applicants, 816877 Ontario Limited and S.H. Ganz Holdings Inc.) — Related party - controlled by Howard Ganz; entity is itself an Applicant in this proceeding. Described as one of two 'Senior Lenders' (together with AlbertCo2) subject to a priority agreement governing a waterfall of payments. The First Report (p.30) restates this balance in prose as 'approximately $9.7 million plus accrued interest and other related enforcement costs' as at Dec 31, 2024 - the exact figure h · as of 31 Dec 2024 | $9.71M | Affidavit of Kenneth Albert |
| Secured |
1 more claim in 1 class The stack holds Secured claims.
Every creditor and every amount, drawn to scale.
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See all plansSale processPer the transactions
Sale approvedApproval and Vesting Order · 14 Nov 2025
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Longshore Limitedthe Debtor's right, title and interest in and to the assets described in the Sale Agreement (the 'Purchased Assets') · asset sale · agreement 7 Oct 2025 | not stated | Approved14 Nov 2025 | Approval and Vesting Order |
AdvisorsMNP Ltd. (sale agent)Sales Teaser
Closing termsVesting effective upon delivery of the Receiver's Certificate confirming payment of the Purchase Price and satisfaction of closing conditionsApproval and Vesting Order
Sealed materialsConfidential Appendices '1' and '2' to the Second ReportApproval and Vesting Order
Estate financialsReported figures — never derived
Total liabilities at filing
As at ·
The total the debtor stated at filing
Each one as the filing states it, with its source.
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See all plansDocuments
23 filings
| Date | Document | File |
|---|---|---|
Investigation Order of Honourable Justice Steele dated
| PDF · Subscribers | |
Factum of MNP Ltd.
| PDF · Subscribers | |
Supplementary Motion Record of MNP Ltd.
| PDF · Subscribers | |
Affidavit of Kenneth Albert
| PDF · Subscribers | |
| Responding Motion Record of David Peterson | PDF · Subscribers | |
| Motion Record of MNP Ltd. | PDF · Subscribers | |
Ancillary Order
| PDF · Subscribers | |
Approval and Vesting Order
| PDF · Subscribers | |
Endorsement of Justice Cavanagh
| PDF · Subscribers | |
| Motion Record of the Assets, Undertakings and Properties | PDF · Subscribers | |
Sales Teaser
| PDF · Subscribers | |
Endorsement of Justice of J. Dietrich
| PDF · Subscribers | |
Aide Memoire of MNP Ltd.
| PDF · Subscribers | |
Aide Memoire of Michael Albert and others
| PDF · Subscribers | |
First Report as Receiver
| PDF · Subscribers | |
| Service List | PDF · Subscribers | |
Approval Order
| PDF · Subscribers | |
Endorsement
| PDF · Subscribers | |
Expanded Powers and Borrowing Limit Increase
| PDF · Subscribers | |
Motion Record
| PDF · Subscribers | |
| Notice & Statement | PDF · Subscribers | |
Endorsement of Justice Osborne
| PDF · Subscribers | |
Receivership Order
| 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., “The Canadian Group TCG Toys” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 4 November 2026, https://proceedings.ca/case/the-canadian-group