TheRedPin Inc and TheRedPin.com Realty Inc
Follow- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended (the "BIA") and section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended (the "CJA")
- File
- CV-18-599644-00CL
TheRedPin, Inc. and TheRedPin.com Realty Inc. have been in court-appointed receivership since June 14, 2018, when the Ontario Superior Court of Justice (Commercial List) appointed MNP Ltd. as receiver on the application of Firepower Debt GP Inc., as Agent, under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. The appointment was made pursuant to Firepower's security, which is registered against both companies. Book values as at May 31, 2018, taken from the companies' own records and not verified by the receiver, show total assets of $273,969.26 for TheRedPin, Inc. and $2,508,337.78 for TheRedPin.com Realty Inc. Other secured creditors listed include National Leasing Group Inc., Trilogy Growth Fund LP and Royal Bank of Canada. The proceeding, court file CV-18-599644-00CL, remains active.
Reasons for Decision (Court of Appeal for Ontario), dated November 15, 2019 — Endorsement / reasons
Motion Record of the Moving Party (returnable September 10, 2019) — Application / notice of application
Factum (Motion for Direction on Appeal returnable February 11, 2019) dated January 31, 2019 — Application / notice of application
Motion Record (Motion for Direction on Appeal returnable February 11, 2019) dated January 31, 2019 — Application / notice of application
Book of Authorities -Motion for Direction on Appeal returnable February 11 2019- dated January 31 2019 — Application / notice of application
Joint Supplementary Record (returnable October 22, 2018) dated October 15, 2018 — Application / notice of application
Motion Record (returnable October 22, 2018) dated September 10, 2018 — Application / notice of application
Responding Motion Record of the TRP Agents (Returnable October 22, 2018) dated September 19, 2018 — Response / objection pleading
Supplementary Motion Record re Second Report (returnable October 22, 2018) dated October 18, 2018 — Application / notice of application
Second Supplementary Report to the Second Report, dated October 11, 2018 — Court officer report
Motion Record (returnable September 11, 2018 re; Representation Order), dated August 15, 2018 — Application / notice of application
Court appointed MNP Ltd. receiver of both companies on Firepower Debt GP Inc.'s application, under BIA s. 243(1) and CJA s. 101, commencing the receivership.
Application filed in the Ontario Superior Court of Justice (Commercial List) under court file CV-18-599644-00CL, commencing insolvency proceedings against the two TheRedPin entities.
Undated filings1 — no date appears on the document · show
Debtor
TheRedPin Inc and TheRedPin.com Realty Inc
Receiver
MNP
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Hainey | Ontario Superior Court of Justice | 3 orders, May 2020 | 196 cases on record |
| Justice Penny | Ontario Superior Court of Justice | 2 orders, Nov 2018 – Jun 2020 | 179 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverMNP | Aird & Berlis LLP | 13 Sep 2018 | Service list · 13 Sep 2018 |
| Applicant | Bieber LLP | 11 Sep 2018 | Order · 11 Sep 2018 |
| Applicanton Appeal | Chaitons LLP | 15 Nov 2019 | Order · 15 Nov 2019 |
| CreditorDennise Paccione, Amut Muthreja, Kayla Donato and Michael Sotoadeh | Bieber LLP | 13 Sep 2018 | Service list · 13 Sep 2018 |
| Creditorsalesforce.com, inc | Bialson, Bergen & Schwab | 13 Sep 2018 | Service list · 13 Sep 2018 |
| CreditorTrilogy Growth Fund LP, by its general partner, Trilogy Growth Inc | Fasken Martineau DuMoulin LLP | 13 Sep 2018 | Service list · 13 Sep 2018 |
| CreditorTrilogy Growth Fund, L.P | Chaitons LLP | 22 Oct 2018 | Factum · 22 Oct 2018 |
| CreditorTRP Agents | Bieber LLP | 11 Feb 2019 | Application · 11 Feb 2019 |
| CreditorUnderwriters of Lloyds | Klein & Schonblum Associates | 13 Sep 2018 | Service list · 13 Sep 2018 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Royal Bank of Canada · in 556 casesAmount shown as nominal $1.00 placeholder in List B; bank listed as secured creditor here — debtor: TheRedPin.com Realty Inc. | $1 | Notice and Statement of Receiver, dated June 25, 2018 |
| 4 | Secured | FirePower Debt GP Inc. as agent · in 2 casesReceiver appointed pursuant to security interest of Firepower Debt GP Inc., as Agent — Amount shown as nominal $1.00 placeholder in List A; secured party whose security triggered receivership appointment — debtor: TheRedPin, Inc. | $1 | Notice and Statement of Receiver, dated June 25, 2018 |
| 4 | Secured | Trilogy Growth Fund LP · in 2 casesAmount shown as nominal $1.00 placeholder in List B — debtor: TheRedPin.com Realty Inc. | $1 | Notice and Statement of Receiver, dated June 25, 2018 |
| 4 | Secured | National Leasing Group Inc. · in 52 casesAmount shown as nominal $1.00 placeholder in List A — debtor: TheRedPin, Inc. | $1 | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Sales Forcedebtor: TheRedPin, Inc. | $317K | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | BuzzBuzz Home Corp. · in 2 casesdebtor: TheRedPin.com Realty Inc. | $55K | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Google ADWORDSdebtor: TheRedPin, Inc. | $48.1K | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Amazon Web services · in 11 casesdebtor: TheRedPin, Inc. | $9.3K | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Access Realty Funds · in 2 casesdebtor: TheRedPin.com Realty Inc. | $7.68K | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Lexpand Legal Professional Corporation · in 2 casesdebtor: TheRedPin.com Realty Inc. | $7.6K | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Miller Thomson LLP · in 23 casesdebtor: TheRedPin, Inc. | $7.04K | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Canada Post · in 32 casesdebtor: TheRedPin.com Realty Inc. | $5.83K | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | HUB International HKMB Limited · in 3 casesdebtor: TheRedPin, Inc. | $4.59K | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Houssmax.ca · in 2 casesdebtor: TheRedPin.com Realty Inc. | $3.77K | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | MPP Marketing Group · in 2 casesdebtor: TheRedPin.com Realty Inc. | $3.38K | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Structured System Administrationdebtor: TheRedPin, Inc. | $2.26K | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Absorb Software Inc. · in 4 casesdebtor: TheRedPin, Inc. | $1.75K | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Payam Ahangar · in 2 casesIndividual creditor named in listing — debtor: TheRedPin.com Realty Inc. | $1.7K | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | National Leasing · in 21 casesdebtor: TheRedPin, Inc. | $1.41K | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Google GSUITEdebtor: TheRedPin, Inc. | $1.41K | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Beanfield Metroconnect · in 7 casesdebtor: TheRedPin, Inc. | $1.08K | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Fiberneticsdebtor: TheRedPin, Inc. | $777 | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Accent Janitorial Servicesdebtor: TheRedPin, Inc. | $768 | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Second Closet Storagedebtor: TheRedPin, Inc. | $763 | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Toronto Hydro · in 37 casesdebtor: TheRedPin, Inc. | $586 | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Xerox Canada Ltd. · in 72 casesdebtor: TheRedPin, Inc. | $580 | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Lock-up Services Inc.debtor: TheRedPin, Inc. | $547 | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Property Pandas · in 2 casesdebtor: TheRedPin.com Realty Inc. | $328 | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Answer Plus · in 3 casesdebtor: TheRedPin, Inc. | $283 | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Alice Xue Photographydebtor: TheRedPin, Inc. | $283 | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | CHERNOS FLAHERTY SVONKIN LLP · in 2 casesdebtor: TheRedPin, Inc. | $261 | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | RCAP Leasing · in 17 casesdebtor: TheRedPin, Inc. | $254 | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Mitula Classified, S.L. (CAD)debtor: TheRedPin, Inc. | $207 | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Supreme Office Products Limited · in 3 casesdebtor: TheRedPin, Inc. | $88 | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Francotyp-Postalia Canada Inc. · in 12 casesdebtor: TheRedPin, Inc. | $61 | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Highprint · in 2 casesdebtor: TheRedPin.com Realty Inc. | $60 | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Roadrunners Courierdebtor: TheRedPin, Inc. | $22 | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Teplitsky, Colson LLP · in 2 casesListed as contingent creditor — debtor: TheRedPin, Inc. | $1 | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Agents UnknownAmount unknown/unstated — debtor: TheRedPin, Inc. | — | Notice and Statement of Receiver, dated June 25, 2018 |
| 8 | Unsecured | Employees Unknown · in 2 casesAmount unknown/unstated — debtor: TheRedPin, Inc. | — | Notice and Statement of Receiver, dated June 25, 2018 |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
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.
Unsecured creditors: 52.3 %. FirePower Debt GP Inc. a distribution · Trilogy Growth Fund LP $1.63M · Co-operating Brokerages $282K.FinalBook of Authorities -Motion for Direction on Appeal returnable February… · 31 Jan 2019
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | Distribution to secured creditors | — | $3.46K | Finalper the receiver | Motion Record - Third Report · 6 May 2020 |
| Secured | FirePower Debt GP Inc. | — | a distributioninterimconditional | per the receiver | Motion Record - Third Report · 6 May 2020 |
| Secured | Trilogy Growth Fund LP | — | $1.63Minterim | Finalper the court | Receiver Distribution Order - May 14 2020 · 14 May 2020 |
| Unsecured | unsecured creditors (Enroute Imports) | $65K | 52.3 % | Final | Book of Authorities -Motion for Direction on Appeal returnable February… · 31 Jan 2019 |
| Equity | — | — | 40 % | Estimated | Book of Authorities -Motion for Direction on Appeal returnable February… · 31 Jan 2019 |
| class not placedCo-operating Brokerages (Trust Claim) | Co-operating Brokerages | — | $282K | Finalper the receiver | Motion Record - Third Report · 6 May 2020 |
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.
1 engagement · 1 firm — Aird & Berlis LLP, 18 Jun – 31 Jul 2018, $19,165.00 in feesMotion Record (returnable September 11, 2018 re; Representation Order) · 11 Sep 2018
| Firm | Period | Hours | Fees | Rates | Source | |||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aird & Berlis LLPCounsel to the receiver | 18 Jun – 31 Jul 2018 | 26.4 | $19,165.00ex. tax | $350 – $8004 people | Motion Record (returnable September 11, 2018 re; Representation Order) · 11 Sep 2018 | |||||||||||||||||||||||||
4 people — Aird & Berlis LLP, 18 Jun – 31 Jul 2018
| ||||||||||||||||||||||||||||||
Top rate $800 · 31st percentile of counsel rates, 2018 · of 14
| Date | Document | File |
|---|---|---|
Agents Cost - Signed
| ||
| Endorsement dated May 14 2020 | ||
Endorsement of Hainey J - May 14 2020
| ||
| Notice of Motion Returnable dated May 14, 2020 | ||
Order (Assignment in Bankruptcy) dated May 14 2020
| ||
Receiver Distribution Order - May 14 2020
| ||
| Notice of Motion dated May 11 2020 | ||
Motion Record - Third Report
| ||
Motion Record - Third Report dated May 8, 2020
| ||
Court Order dated November 15, 2019
| ||
| Reasons for Decision (Court of Appeal for Ontario), dated November 15, 2019 | ||
| Motion Record of the Moving Party (returnable September 10, 2019) | ||
| Order dated Sep. 10, 2019 (Payment to Cooperating Brokers) | ||
| Joint Factum of the Applicant (Respondent on Appeal) and Trilogy Growth Fund, L.P. dated August 23, 2019 | ||
Factum (Motion for Direction on Appeal returnable February 11, 2019) dated January 31, 2019
| ||
| Motion Record (Motion for Direction on Appeal returnable February 11, 2019) dated January 31, 2019 | ||
Order Justice Hourigan dated Feb 11, 2019
| ||
| Order dated February 11, 2019 | ||
| Reasons for Decision dated Feb 11, 2019 | ||
Book of Authorities -Motion for Direction on Appeal returnable February 11 2019- dated January 31 2019
| ||
| Endorsement Penny J. dated January 2, 2019 | ||
| Amended Notice of Appeal dated December 31, 2018 | ||
| The Appellants' Notice of Appeal and The Appellants' Certificate Respecting Evidence dated December 27, 2018 | ||
| Endorsement Penny J. dated Nov. 30, 2018 | ||
Order of the Honourable Justice Penny dated November 30, 2018
| ||
Joint Factum of the TRP Agents and Certain Underwriters of Lloyd's ret.(returnable October 22, 2018) dated October 15, 2018
| ||
| Joint Supplementary Record (returnable October 22, 2018) dated October 15, 2018 | ||
| Motion Record (returnable October 22, 2018) dated September 10, 2018 | ||
| Responding Motion Record of the TRP Agents (Returnable October 22, 2018) dated September 19, 2018 | ||
Supplementary Motion Record re Second Report (returnable October 22, 2018) dated October 18, 2018
| ||
| Third Supplementary Report - dated October 19, 2018 | ||
| Second Supplementary Report to the Second Report, dated October 11, 2018 | ||
| Supplementary Report to the Second Report, dated September 28, 2018 | ||
Service List
| ||
Motion Record (returnable September 11, 2018 re; Representation Order), dated August 15, 2018
| ||
Order of Chiappetta J., dated September 11, 2018
| ||
| Second Report to the Court, dated September 10, 2018 | ||
| Approval and Vesting Order Chiappetta, J. dated Sept. 4, 2018 | ||
| Endorsement Chiappetta, J. dated Sept. 4, 2018 | ||
| Order Chiappetta, J. dated Sept. 4, 2018 | ||
| First Report to Court, dated August 23, 2018 | ||
Notice and Statement of Receiver, dated June 25, 2018
| ||
| Letter to Agents and Brokers, dated June 22, 2018 | ||
Appointment Order, dated June 14, 2018
| ||
| Endorsement, dated June 14, 2018 | ||
Application Record, dated June 13, 2018
| ||
| NDA - Confidentiality Agreement | ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “TheRedPin Inc and TheRedPin.com Realty Inc” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/theredpin-inc-and-theredpincom-realty-inc-rcvr