#Order
The Ontario Superior Court of Justice granted an interim order on Friday, November 26, 2021 on Waygar Capital Inc.'s application, opening the proceeding in court file BK-21-208511-0T31.
Source: Bankruptcy Order
The Rehill Company Limited
FollowActive
- Proceeding
- Receivership (court-appointed)subsection 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- File
- CV-20-00649332-00CL
Filings held8
Last activity26 Nov 2021
On the record1,760 days
Secured debt$6.89M
OverviewSummary updated
The Rehill Company Limited has been in insolvency proceedings in the Ontario Superior Court of Justice since November 26, 2021, brought on the application of Waygar Capital Inc. as agent for Ninepoint Canadian Senior Debt Master Fund LP, with Rosen Goldberg Inc. appointed trustee under subsection 16(1) of the Bankruptcy and Insolvency Act. On the creditor mailing list dated May 25, 2021, Waygar held the largest secured claim at $6,887,964.44, ahead of Castle Building Centres Group Ltd at $2,300,081.25, Bank of Montreal Transportation Finance at $120,310.44, a Canada Revenue Agency deemed trust claim of $120,273.00, the Business Development Bank of Canada at $79,900.00 and Thinking Capital Financial Corporation at $73,262.34. Steve Parkes and Jeff Parkes lead the unsecured claims at $408,097.00 and $255,000.00. The matter is active in court file BK-21-208511-0T31.
Proceedings AIAsk this case — answers cite the filings
Case updates8 dated entries
Parties
Debtor
The Rehill Company Limited
Receiver
Rosen Goldberg
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | CRA - Tax - Ontario · in 252 casesSecurity/trust claim per Notice and Statement of Receiver — Deemed trust class; prose approximation of $120,000 in Notice and Statement (page 1) corresponds to exact figure $120,273.00 in creditor mailing list — debtor: The Rehill Company Limited · as of 25 May 2021 | $120K | Notice and Statement of the Receiver |
| 4 | Secured | Waygar Capital Inc. as agent for Ninepoint Canada Senior Debt Master Fund LPProse approximation of $6,887,964 in Notice and Statement (page 2) corresponds to exact figure $6,887,964.44 in creditor mailing list dated May 25, 2021 — debtor: The Rehill Company Limited · as of 25 May 2021 | $6.89M | Notice and Statement of the Receiver |
| 4 | Secured | Castle Building Centres Group Ltd · in 2 casesProse approximation of $2,300,081 in Notice and Statement (page 2) corresponds to exact figure $2,300,081.25 in creditor mailing list dated May 25, 2021 — debtor: The Rehill Company Limited · as of 25 May 2021 | $2.3M | Notice and Statement of the Receiver |
| 4 | Secured | Bank of Montreal Transportation FinanceProse approximation of $120,310 in Notice and Statement (page 2) corresponds to exact figure $120,310.44 in creditor mailing list dated May 25, 2021 — debtor: The Rehill Company Limited · as of 25 May 2021 | $120K | Notice and Statement of the Receiver |
| 4 | Secured | Business Development Bank of Canada · in 241 casesProse approximation of $79,900 in Notice and Statement (page 2) matches exact figure $79,900.00 in creditor mailing list dated May 25, 2021 — debtor: The Rehill Company Limited · as of 25 May 2021 | $79.9K | Notice and Statement of the Receiver |
| 4 | Secured | Thinking Capital Financial Corporation · in 19 casesProse approximation of $73,262 (listed as 'Think Capital Financial Corporation') in Notice and Statement (page 2) corresponds to exact figure $73,262.34 in creditor mailing list dated May 25, 2021 — debtor: The Rehill Company Limited · as of 25 May 2021 | $73.3K | Notice and Statement of the Receiver |
| 4 | Secured | City of Peterborough · in 3 casesSecurity/trust claim per Notice and Statement of Receiver — Prose approximation of $10,958 in Notice and Statement (page 1) corresponds to exact figure $10,958.22 in creditor mailing list; listed as secured creditor — debtor: The Rehill Company Limited · as of 25 May 2021 | $11K | Notice and Statement of the Receiver |
| 8 | Unsecured | Steve ParkesIndividual creditor; personal name, not a company — debtor: The Rehill Company Limited · as of 25 May 2021 | $408K | Notice and Statement of the Receiver |
| 8 | Unsecured | Jeff ParkesIndividual creditor; personal name, not a company — debtor: The Rehill Company Limited · as of 25 May 2021 | $255K | Notice and Statement of the Receiver |
| 8 | Unsecured | Peninsula Drywall & Acousticsdebtor: The Rehill Company Limited · as of 25 May 2021 | $128K | Notice and Statement of the Receiver |
| 8 | Unsecured | Unlock Limiteddebtor: The Rehill Company Limited · as of 25 May 2021 | $116K | Notice and Statement of the Receiver |
| 8 | Unsecured | Browns Concrete Products Ltd.debtor: The Rehill Company Limited · as of 25 May 2021 | $62.3K | Notice and Statement of the Receiver |
| 8 | Unsecured | Kwik Mix Materials Ltd.debtor: The Rehill Company Limited · as of 25 May 2021 | $49.7K | Notice and Statement of the Receiver |
| 8 | Unsecured | Certainteed Ceilingsdebtor: The Rehill Company Limited · as of 25 May 2021 | $42.3K | Notice and Statement of the Receiver |
| 8 | Unsecured | STONEarchdebtor: The Rehill Company Limited · as of 25 May 2021 | $42.3K | Notice and Statement of the Receiver |
| 8 | Unsecured | Wage Earner Protection Program · in 5 casesApproximate figure; program provides for unpaid wages — debtor: The Rehill Company Limited · as of 14 May 2021 | $18K | Notice and Statement of the Receiver |
| 8 | Unsecured | ECI Software Solutions Inc.debtor: The Rehill Company Limited · as of 25 May 2021 | $16.8K | Notice and Statement of the Receiver |
| 8 | Unsecured | Peterborough Pure Countrydebtor: The Rehill Company Limited · as of 25 May 2021 | $12.2K | Notice and Statement of the Receiver |
| 8 | Unsecured | Dynamic Safetydebtor: The Rehill Company Limited · as of 25 May 2021 | $11.2K | Notice and Statement of the Receiver |
| 8 | Unsecured | Rapid Lift Inc.debtor: The Rehill Company Limited · as of 25 May 2021 | $10.8K | Notice and Statement of the Receiver |
| 8 | Unsecured | Big Island Quarries Inc.debtor: The Rehill Company Limited · as of 25 May 2021 | $9.84K | Notice and Statement of the Receiver |
| 8 | Unsecured | A&A Natural Stone Ltddebtor: The Rehill Company Limited · as of 25 May 2021 | $9.01K | Notice and Statement of the Receiver |
| 8 | Unsecured | Lehigh Hanson Material Ltddebtor: The Rehill Company Limited · as of 25 May 2021 | $8.87K | Notice and Statement of the Receiver |
| 8 | Unsecured | Mortar Net U.S.A Ltd.debtor: The Rehill Company Limited · as of 25 May 2021 | $7.34K | Notice and Statement of the Receiver |
| 8 | Unsecured | Richvale York Block Inc.debtor: The Rehill Company Limited · as of 25 May 2021 | $6.52K | Notice and Statement of the Receiver |
| 8 | Unsecured | Terrafix Geosyntheticsdebtor: The Rehill Company Limited · as of 25 May 2021 | $5.78K | Notice and Statement of the Receiver |
| 8 | Unsecured | Sonoco Canada Corporation · in 3 casesdebtor: The Rehill Company Limited · as of 25 May 2021 | $5.37K | Notice and Statement of the Receiver |
| 8 | Unsecured | Doughty Aggregatesdebtor: The Rehill Company Limited · as of 25 May 2021 | $5.05K | Notice and Statement of the Receiver |
| 8 | Unsecured | Masonal Stone Inc.debtor: The Rehill Company Limited · as of 25 May 2021 | $4.54K | Notice and Statement of the Receiver |
| 8 | Unsecured | Bell Canada F-88 - Business · in 64 casesdebtor: The Rehill Company Limited · as of 25 May 2021 | $4.54K | Notice and Statement of the Receiver |
| 8 | Unsecured | Form Solutionsdebtor: The Rehill Company Limited · as of 25 May 2021 | $4.52K | Notice and Statement of the Receiver |
| 8 | Unsecured | Builderwire Inc.debtor: The Rehill Company Limited · as of 25 May 2021 | $4.45K | Notice and Statement of the Receiver |
| 8 | Unsecured | Solomon Colors Canada Inc.debtor: The Rehill Company Limited · as of 25 May 2021 | $3.79K | Notice and Statement of the Receiver |
| 8 | Unsecured | Klingspor Inc.debtor: The Rehill Company Limited · as of 25 May 2021 | $3.71K | Notice and Statement of the Receiver |
| 8 | Unsecured | Innovative Surface Solutionsdebtor: The Rehill Company Limited · as of 25 May 2021 | $3.09K | Notice and Statement of the Receiver |
| 8 | Unsecured | L.M.B. Transportation Inc.debtor: The Rehill Company Limited · as of 25 May 2021 | $2.83K | Notice and Statement of the Receiver |
| 8 | Unsecured | Webster & Sons Ltd.debtor: The Rehill Company Limited · as of 25 May 2021 | $1.6K | Notice and Statement of the Receiver |
| 8 | Unsecured | Forge Products Inc.debtor: The Rehill Company Limited · as of 25 May 2021 | $1.49K | Notice and Statement of the Receiver |
| 8 | Unsecured | Peterborough Utilities Services Inc. · in 2 casesdebtor: The Rehill Company Limited · as of 25 May 2021 | $1.44K | Notice and Statement of the Receiver |
| 8 | Unsecured | Service Master of Peterboroughdebtor: The Rehill Company Limited · as of 25 May 2021 | $1.35K | Notice and Statement of the Receiver |
| 8 | Unsecured | Envirowall Part Syst Ltddebtor: The Rehill Company Limited · as of 25 May 2021 | $1.11K | Notice and Statement of the Receiver |
| 8 | Unsecured | Pickseeddebtor: The Rehill Company Limited · as of 25 May 2021 | $692 | Notice and Statement of the Receiver |
| 8 | Unsecured | Savino Human Resources Partnerdebtor: The Rehill Company Limited · as of 25 May 2021 | $633 | Notice and Statement of the Receiver |
| 8 | Unsecured | Crawford Packaging · in 7 casesdebtor: The Rehill Company Limited · as of 25 May 2021 | $465 | Notice and Statement of the Receiver |
| 8 | Unsecured | 407 ETR Express Toll Route · in 37 casesdebtor: The Rehill Company Limited · as of 25 May 2021 | $168 | Notice and Statement of the Receiver |
| 8 | Unsecured | Wells Fargo Financial Corporation Canada · in 7 casesListed as Contingent creditor type, distinct from secured/unsecured — debtor: The Rehill Company Limited · as of 25 May 2021 | $1 | Notice and Statement of the Receiver |
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.
Sale processPer the transactions
Sale approvedApproval and Vesting Order · 8 Oct 2021
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Access Self Storage Inc.all of Rehill's right, title and interest in and to the real property known municipally as 921 High Street, Peterborough, Ontario · real property · agreement 8 Oct 2021 | not stated | Approved8 Oct 2021 | Approval and Vesting Order |
Closing termsvesting effective upon delivery of Receiver's Certificate confirming payment of purchase price and satisfaction/waiver of closing conditionsApproval and Vesting Order
RecoveriesAs stated in the filings
Waygar Capital Inc.: $725K.EstimatedMotion Record of Receiver · 15 Oct 2021
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | Waygar Capital Inc. | $6.9M | $725Kinterim | Estimatedper the receiver | Motion Record of Receiver · 15 Oct 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
1 engagement · 1 firm — Chaitons LLP, to 30 Sep 2021, $31,507.40 in feesMotion Record of Receiver · 26 Oct 2021
| Firm | Period | Hours | Fees | Rates | Source | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Chaitons LLPCounsel to the receiver | to 30 Sep 2021 | — | $31,507.40ex. tax | $675 – $6952 people | Motion Record of Receiver · 26 Oct 2021 | |||||||||||||||
2 people — Chaitons LLP, to 30 Sep 2021
| ||||||||||||||||||||
Top rate $695 · 35th percentile of counsel rates, 2021 · of 44
Documents8 filings
| Date | Document | File |
|---|---|---|
Bankruptcy Order
| ||
Motion Record of Receiver returnable October 26,2021
| ||
| Interim Distribution Order | ||
| Ancillary Relief Order | ||
Approval and Vesting Order
| ||
Notice and Statement of the Receiver
| ||
Court Application to Appoint Receiver
| ||
Appointing Order of Madam Justice Conway
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “The Rehill Company Limited” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/the-rehill-company-limited