Titan Holdings
Follow- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- File
- CV-24-00725275-00CL
Titan Holdings was placed in court-appointed receivership by the Ontario Superior Court of Justice on September 10, 2024, on the application of the Bank of Montreal, under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. The Fuller Landau Group Inc. was appointed receiver under court file CV-24-00725275-00CL, over Titan Holding Niagara Inc., Titan Grove Holdings Inc. and 2806859 Ontario Inc. The Bank of Montreal, the sole secured creditor of those debtors, is owed $1,868,264.70. The receivership remains active.
The officer filed report no. Supplementary Report to the Second Report. The Receiver reports that the Refinancing Funds held in escrow, together with funds held by RBC, are insufficient to fully repay the BMO Indebtedness and the Receiver's and counsel's costs, complicating the parties' ability to finalize the Assignment Agreement and discharge the Receiver.
Source: Supplementary Report to the Second Report - Receiver - The Fuller Landua Group Inc - 20-NOV-2024
6 earlier updates, back to 10 September 2024 — subscribers.
Undated filings1 — no date appears on the document · show
1 filings carry no date on their face — subscribers.
Debtor
Titan Holdings
Receiver
Fuller Landau
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Osborne | Ontario Superior Court of Justice | 3 orders, Nov 2024 | 146 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| CreditorProceeding Commenced AT Toronto | Cassels Brock & Blackwell LLP | 10 Sep 2024 | Order · 10 Sep 2024 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Bank of Montreal · in 279 casesEndorsement states BMO is the only secured creditor of the debtors; 2806859 Ontario Inc. also noted to have withdrawn funds exceeding facility limit by $350,000 (April 10, 2024, separate from balance figure). — debtor: Titan Holding Niagara Inc., Titan Grove Holdings Inc., 2806859 Ontario Inc. · as of 24 Jul 2024 | $1.87M | Titan Holdings - First Report of the Receiver dated Nov 8, 2024 - Final |
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.
Professional fees to date
$30.2K
As at 20 Nov 2024Supplementary Report to the Second Report - Receiver - The Fuller Landua Group Inc - 20-NOV-2024
| Date | Document | File |
|---|---|---|
Endorsement of Justice Osborne dated 22-NOV-2024(10062366.1
| PDF · Subscribers | |
Order of Justice Osborne dated 22-NOV-2024(10062369.1)
| PDF · Subscribers | |
Supplementary Report to the Second Report - Receiver - The Fuller Landua Group Inc - 20-NOV-2024
| PDF · Subscribers | |
Motion Record - Receiver - The Fuller Landau Group Inc - 15-NOV-2024(10041588.1)
| PDF · Subscribers | |
| Titan Holdings - Second Report of the Receiver - dated Nov 15, 2024 (with appendices) | PDF · Subscribers | |
CV-24-00725275-00CL BMO v Titan holding Endorsement Nov 12 24
| PDF · Subscribers | |
Titan Holdings - First Report of the Receiver dated Nov 8, 2024 - Final
| PDF · Subscribers | |
Order (Appointing Receiver)
| PDF · Subscribers | |
Application Record
| PDF · Subscribers | |
| Notice of Motion - CV-24-00725275-00CL | 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., “Titan Holdings” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/titan-holdings