Union Waterfront Inc.
- Proceeding
- CCAAsection 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- File
- CV-18-601540-00CL
Union Waterfront Inc. has been under the administration of msi Spergel Inc. as Receiver since August 3, 2018, when the Ontario Superior Court of Justice made an initial order on the application of FirstOntario Credit Union Limited under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. FirstOntario asserts first priority secured creditor status, relying on a charge/mortgage in the principal amount of $10,000,000 over the properties municipally known as 12 Lakeport Road and 16 Lock Street, St. Catharines, Ontario, and on a business loan security agreement dated April 3, 2012 over all present and after-acquired personal property of Union Waterfront. The matter proceeds as Court File No. CV-18-601540-00CL and remains active.
Initial order made on FirstOntario Credit Union Limited's application, appointing msi Spergel Inc. as Receiver of Union Waterfront Inc. and commencing Court File No. CV-18-601540-00CL.
Debtor
Union Waterfront Inc.
Monitor
msi Spergel inc.
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | FirstOntario Credit Union Limited · in 5 casesCharge/Mortgage, principal amount $10,000,000, over properties municipally known as 12 Lakeport Road and 16 Lock Street, St. Catharines, Ontario; and a Business Loan security agreement dated April 3, 2012 over all present and after-acquired personal property of Union (GSA) — FirstOntario states it is the first priority secured creditor; outstanding balance under the $10,000,000 variable rate Business Loan Agreement dated April 3, 2012 not stated as a specific dollar figure on these pages (only the original principal/facility amount and demand event are referenced). — debtor: Union Waterfront I | — | Application Record Returnable August 3, 2018 |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
| Date | Document | File |
|---|---|---|
| Motion Record Returnable February 15, 2019 | PDF · Subscribers | |
Initial Order of Honourable Justice G. Dow
| PDF · Subscribers | |
Application Record Returnable August 3, 2018
| 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., “Union Waterfront Inc.” (CCAA), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/union-waterfront-inc