Proceedings.

Vandyk - Backyard Humberside Limited

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Closed
Proceeding
Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
Filings held10
Last activity26 Nov 2024
On the record930 days
Secured debtSubscribers
OverviewSummary updated

Vandyk – Backyard Humberside Limited is the subject of a court-appointed receivership in the Ontario Superior Court of Justice under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority, commenced March 5, 2024 and now closed. Home Trust Company holds the first-ranking charge, registered as Instrument No. AT5416487 in the principal amount of $10.0 million together with a general security agreement dated April 17, 2020, and demanded $10,145,007.92 in principal and interest, excluding fees and legal costs, by demand letter and section 244 notice dated January 8, 2024. Kay Family Investments Inc. and 2233651 Ontario Limited rank second and third on registered principal amounts of $2.0 million and $2.20 million respectively, each subordinated to the lender's charge by postponements registered April 28, 2020, followed by Haleemah Muhammad on a $1.15 million charge. Live Patrol Inc. registered a construction lien of $9,473.75.

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Case updates10 dated entries

7 earlier updates, back to 5 March 2024 subscribers.

Parties

Debtor

Vandyk - Backyard Humberside Limited

Receiver

msi Spergel inc.

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice BlackOntario Superior Court of Justice2 orders, Nov 2024176 cases on record
Justice CavanaghOntario Superior Court of Justice2 orders, Aug 2024288 cases on record
Justice OsborneOntario Superior Court of Justice2 orders, Mar 2024146 cases on record

Counsel of record

PartyCounselFirst seenSource
ApplicantChaitons LLP5 Mar 2024Order · 5 Mar 2024
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredHome Trust Company · in 11 casesCharge/Mortgage registered as Instrument No. AT5416487 (principal amount $10.0 million) and General Security Agreement dated April 17, 2020; also Notice of Assignment of Rents – General registered as Instrument No. AT5416488 — Demand letter and s.244 BIA Notice dated January 8, 2024 demanded $10,145,007.92 for principal and interest (excluding fees and legal costs); 1st ranking charge — debtor: Vandyk – Backyard Humberside Limited · as of 8 Jan 2024$10.1MApplication Record of Home Trust Company dated February 27, 2024

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.

8 more claims across lower-ranking classesSubscribe to view
RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Documents
10 filings
DateDocumentFile
Distribution and Discharge Order of the Honourable Justice Black dated November 26, 2024
  • Presiding officer Justice Black
PDF · Subscribers
Endorsement of The Honourable Justice Black dated November 26, 2024
  • Presiding officer Justice Black
PDF · Subscribers
Motion Record of msi Spergel inc. dated November 8, 2024PDF · Subscribers
Endorsement of The Honourable Justice Cavanagh dated August 14, 2024
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Receivership Order of the Honourable Justice Cavanagh dated August 14, 2024
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Motion Record of msi Spergel inc. dated July 25, 2024PDF · Subscribers
Endorsement of The Honourable Justice Osborne dated March 5, 2024
  • Presiding officer Justice Osborne
PDF · Subscribers
Receivership Order of The Honourable Justice Osborne dated March 5, 2024
  • Counsel Chaitons LLP
  • Presiding officer Justice Osborne
PDF · Subscribers
Factum of Home Trust Company dated March 4, 2024PDF · Subscribers
Application Record of Home Trust Company dated February 27, 2024
  • Financial position · Secured creditors · Unsecured creditors Subscribers
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., “Vandyk - Backyard Humberside Limited” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/vandyk-backyard-humberside-limited

Sources last checked · summary updated 14 August 2026 · Report a correction · Printed from proceedings.ca/case/vandyk-backyard-humberside-limited

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.