Proceedings.

The Midas Investment Corporation

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Receivership (court-appointed)SECTION 243(1) OF THE BANKRUPTCY AND INSOLVENCY ACT, R.S.C. 1985, C. B-3, AS AMENDED, AND SECTION 101 OF THE COURTS OF JUSTICE ACT, R.S.O. 1990, c. C.43, AS AMENDED
Court
Ontario Superior Court of Justice
File
CV-21-00656398-00CL
Industry
Real estate
Filings held37
Last activity9 Sep 2024
On the record2,039 days
OverviewSummary updated

The Midas Investment Corporation has been under court-appointed receivership since April 6, 2021, when the Ontario Superior Court of Justice appointed Rosen Goldberg Inc. as receiver and manager under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. The applicants were Cosa Nova Fashions Ltd., B & M Handelman Investments Limited, Comfort Capital Inc., 693651 Ontario Ltd., E. Manson Investments Limited, Natme Holdings Ltd., Francie Storm, Barsky Investments Ltd., Stephen Handelman, Rosewill Investment Corporation, Thomas Bock and The Bank of Nova Scotia Trust Company. The receivership is carried on the Commercial List in court file CV-21-00656398-00CL and remains active.

Claims processIf you are owed money

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

Per the Claims Process Order dated July11, 2022 dated 11 July 2022.

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Case updates37 dated entries
#Order

The court appointed Rosen Goldberg Inc. receiver and manager of the corporation under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act.

Source: Appointment Order dated April 6, 2021

Parties

Debtor

The Midas Investment Corporation

Receiver

Rosen Goldberg

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice KoehnenOntario Superior Court of Justice4 orders, Aug 202183 cases on record
Justice CavanaghOntario Superior Court of Justice3 orders, Apr 2021 – Dec 2023318 cases on record
Justice DietrichOntario Superior Court of Justice3 orders, Jul 202294 cases on record
Justice OsborneOntario Superior Court of Justice2 orders, Jan 2023168 cases on record
Justice DunphyOntario Superior Court of Justice2 orders, May 2021 – Jun 202193 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverRosen GoldbergMinden Gross LLP31 May 2021Order · 31 May 2021
ApplicantDickinson Wright LLP6 Apr 2021Order · 6 Apr 2021
CreditorAuto World ImportsKlotz & Associates30 Jul 2021Application · 30 Jul 2021
CreditorGordon UllmanMills & Mills LLP27 Jan 2023Endorsement · 27 Jan 2023
CreditorJohn KavanaghMiller Thomson LLP · Blaney McMurtry LLP30 Jul 2021Order · 11 Dec 2023
Sale processAs stated in the filings

Sale process approved — the Receiver's proposed marketing and sale process in relation to 90 Eastern Avenue, Toronto, Ontario and 205 Yonge Street, Toronto, Ontario, is hereby approved and authorizedOrder of Justice Dunphy dated May 31, 2021 (Sales Process) · 31 May 2021

PurchaserPriceStatusSource
1445990 Ontario Limitedthe sale of the Eastern Avenue Property · real property · agreement 25 Jun 2021SealedApproved5 Aug 2021Order of Justice Koehnen dated August 5, 2021…
Sealed materialsConfidential Appendices 1, 2 and 3 contained in the Second ReportOrder of Justice Koehnen dated August 5, 2021 (Eastern Avenue sale)
RecoveriesAs declared or paid

Secured creditors: paid in full.FinalTenth Report of Rosen Goldberg Inc, · 6 Apr 2021

ClassCreditorClaimsRecoveryBasisSource
Secured——paid in fullFinalper the receiverTenth Report of Rosen Goldberg Inc, · 6 Apr 2021

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

6 engagements · 1 firm — latest: Minden Gross LLP, in feesTenth Report of Rosen Goldberg Inc, · 6 Apr 2021

FirmPeriodHoursFeesRatesSource
Minden Gross LLPCounsel to the receiverperiod 6 of 6—2 peopleTenth Report of Rosen Goldberg Inc, · 6 Apr 2021
2 people — Minden Gross LLP · 6 blurred figures
NameTitleHoursRateFees
Raymond M. SlatteryEquity Partner
Steven PearlsteinEquity Partner
Minden Gross LLPCounsel to the receiverperiod 6 of 6—7 peopleTenth Report of Rosen Goldberg Inc, · 6 Apr 2021
7 people — Minden Gross LLP · 21 blurred figures
NameTitleHoursRateFees
Raymond M. SlatteryEquity Partner
Catherine FrancisEquity Partner
Steven PearlsteinEquity Partner
Sepideh Kamyabi-NassabiAssociate
Andrea WongAssociate
Brett BasandaArticling Student
Karen A. FoxClerk
Minden Gross LLPCounsel to the receiverperiod 6 of 6—2 peopleTenth Report of Rosen Goldberg Inc, · 6 Apr 2021
2 people — Minden Gross LLP · 6 blurred figures
NameTitleHoursRateFees
Raymond M. SlatteryPartner
Megan McCombClerk
Minden Gross LLPCounsel to the receiverperiod 6 of 6—3 peopleTenth Report of Rosen Goldberg Inc, · 6 Apr 2021
3 people — Minden Gross LLP · 9 blurred figures
NameTitleHoursRateFees
Raymond M. SlatteryPartner
Catherine FrancisPartner
Sepideh Kamyabi-NassabiPartner
Minden Gross LLPCounsel to the receiverperiod 6 of 6—3 peopleTenth Report of Rosen Goldberg Inc, · 6 Apr 2021
3 people — Minden Gross LLP · 9 blurred figures
NameTitleHoursRateFees
Raymond M. SlatteryPartner
Sepideh Kamyabi-NassabiPartner
Hivda AtesArticling Student
Minden Gross LLPCounsel to the receiverperiod 6 of 6—5 peopleTenth Report of Rosen Goldberg Inc, · 6 Apr 2021
5 people — Minden Gross LLP · 15 blurred figures
NameTitleHoursRateFees
Raymond M. SlatteryPartner
Catherine FrancisPartner
Sepideh Kamyabi-NassabiPartner
Tamara MarkovicAssociate
Rupa BandiSummer Student

84 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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Documents
37 filings
DateDocumentFile
Order of Justice Kimmel dated September 9, 2024 (Distribution and Discharge)
  • Presiding officer Justice Kimmel
PDF · Subscribers
Order of Justice Cavanagh dated December 11, 2023 (Distribution)
  • Counsel Miller Thomson LLP
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Endorsement of Justice Penny dated March 2, 2023
  • Presiding officer Justice Penny
PDF · Subscribers
Endorsement of Justice Osborne dated January 27, 2023
  • Counsel Mills & Mills LLP
  • Presiding officer Justice Osborne
PDF · Subscribers
Order of Justice Osborne dated January 27, 2023
  • Counsel Minden Gross LLP
  • Presiding officer Justice Osborne
PDF · Subscribers
Motion Record of Receiver returnable January 27, 2023 ( Claims Process)PDF · Subscribers
Notice of Claims Process
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Proof of ClaimPDF · Subscribers
Claims Process Order dated July11, 2022
  • Counsel Minden Gross LLP
  • Presiding officer Justice Dietrich
PDF · Subscribers
Endorsement of Justice Dietrich dated July 11, 2022
  • Presiding officer Justice Dietrich
PDF · Subscribers
Order of Justice Dietrich dated July 11, 2022
  • Counsel Minden Gross LLP
  • Presiding officer Justice Dietrich
PDF · Subscribers
Motion Record of the Receiver returnable July 11, 2022PDF · Subscribers
Endorsement of Justice Cavanagh dated January 17, 2022 (Distribution)
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Supplementary Motion Record of Applicants returnable October 19, 2021PDF · Subscribers
Motion Record of the Applicant Returnable September 10, 2021PDF · Subscribers
Motion Record of the Receiver Returnable September 10, 2021 (Distribution)PDF · Subscribers
Endorsement of Madame Justice Fairburn dated August 23, 2021 (Appeal)
  • Presiding officer Justice Fairburn
PDF · Subscribers
Book Of Auhtorities of Appellant retrunable August 20, 2021PDF · Subscribers
Responding Motion of Appellant returnable August 20, 2021PDF · Subscribers
Factum of Receiver returnable August 20, 2021 (Court of Appeal)
  • Counsel Minden Gross LLP
PDF · Subscribers
Approval and Vesting Order of Justice Koehnen dated August 12, 2021( Yonge Street)
  • Presiding officer Justice Koehnen
PDF · Subscribers
Endorsement of Justice Koehnen dated August 9, 2021 (Eastern Avenue approval)
  • Presiding officer Justice Koehnen
PDF · Subscribers
Approval and Vesting Order of Justice Koehnen dated August 5, 2021( Eastern Avenue)
  • Presiding officer Justice Koehnen
PDF · Subscribers
Motion Record of the Receiver Returnable August 12, 2021 (Sale approval of 205 Yonge Street)ern Ave.)PDF · Subscribers
Order of Justice Koehnen dated August 5, 2021 (Eastern Avenue sale)
  • Counsel Minden Gross LLP
  • Order date 5 August 2021
  • Presiding officer Justice Koehnen
  • Purchaser 1445990 Ontario Limited · the sale of the Eastern Avenue Property · real property · approved
  • + 2 more extracted facts
PDF · Subscribers
Supplementary Report to SEcond Report of Receiver dated August 4, 2021
  • Cash on hand · Disbursements · Financial position · Professional fees Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Affidavit of John Kavanagh sworn July 30, 2021 (Eastern Avenue approval)PDF · Subscribers
Motion Record of The Midas Invesment Corporation dated July 30, 2021 ( Eastern Avenue approval)
  • Counsel Klotz Associates
PDF · Subscribers
Motion Record of the Receiver Returnable August 3, 2021 (Sale approval of 90 Eastern Ave.)PDF · Subscribers
Endorsement of Justice Dunphy dated June 2, 2021 ( Sale Process)
  • Presiding officer Justice Dunphy
PDF · Subscribers
Order of Justice Dunphy dated May 31, 2021 (Sales Process)
  • Counsel Minden Gross LLP
  • Order date 31 May 2021
  • Presiding officer Justice Dunphy
  • Sale outcome Sale process approved — the Receiver's proposed marketing and sale process in relation to 90 Eastern Avenue, Toronto, Ontario and 205 Yonge Street, Toronto, Ontario, is hereby approved and authorized
  • + 1 more extracted fact
PDF · Subscribers
Motion Record of Receiver returnable May 31, 2021 (Approval of Sale Process)
  • Appointee Rosen Goldberg Inc.
  • Appointee role Receiver
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no CV-21-00656398-00CL
  • + 1 more extracted fact
PDF · Subscribers
Appointment Order dated April 6, 2021
  • Applicant COSA NOVA FASHIONS LTD., B & M HANDELMAN INVESTMENTS LIMITED, COMFORT CAPITAL INC., 693651 ONTARIO LTD., E. MANSON INVESTMENTS LIMITED, NATME HOLDINGS LTD., FRANCIE STORM, BARSKY INVESTMENTS LTD., STEPHEN HANDELMAN, ROSEWILL INVESTMENT CORPORATION, THOMAS BOCK, THE BANK OF NOVA SCOTIA TRUST COMPANY
  • Appointee Rosen Goldberg Inc.
  • Appointee role receiver and manager
  • Commencement date 6 April 2021
  • + 6 more extracted facts
PDF · Subscribers
Ninth Report of Rosen Goldberg inc.
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Responding Record of The Midas Investment CorporationPDF · Subscribers
Tenth Report of Rosen Goldberg Inc,
  • Recovery outcome Entries: per actual; per estimated · Table missing:
  • Fee schedule · Financial position · Secured creditors Subscribers
  • + 1 more extracted fact
PDF · Subscribers
Application Record for the Appointment of Receiver
  • Applicant COSA NOVA FASHIONS LTD., B & M HANDELMAN, INVESTMENTS LIMITED, COMFORT CAPITAL INC., 693651 ONTARIO LTD., E. MANSON INVESTMENTS LIMITED, NATME HOLDINGS LTD., FRANCIE STORM, BARSKY INVESTMENTS LTD., STEPHEN HANDELMAN, ROSEWILL INVESTMENT CORPORATION, THOMAS BOCK, THE BANK OF NOVA SCOTIA TRUST COMPANY
  • Commencement date 5 February 2021
  • Court ONTARIO SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • Court file no CV-21-00656398-00CL
  • + 1 more extracted fact
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 Midas Investment Corporation” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/the-midas-investment-corporation

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Sources last checked · summary updated 1 September 2026 · Report a correction · Printed from proceedings.ca/case/the-midas-investment-corporation

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.