Vandyk-Vanmills Plaza Inc.
Follow- Proceeding
- Receivership (court-appointed)section 47(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- File
- CV-24-00000091-0000
Vandyk-Vanmills Plaza Inc. was placed in a court-appointed receivership in the Ontario Superior Court of Justice on the application of the Royal Bank of Canada, with The Fuller Landau Group Inc. appointed receiver and manager under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act (court file CV-24-00000091-0000).
8 earlier updates, back to 20 February 2024 — subscribers.
Debtor
Vandyk-Vanmills Plaza Inc.
Receiver
Fuller Landau
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Barnes | Ontario Superior Court of Justice | 2 orders, Oct 2024 | 3 cases on record |
| Justice Stewart | Ontario Superior Court of Justice | 2 orders, Feb 2024 | 8 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverFuller Landau | Chaitons LLP | 8 Oct 2024 | Order · 8 Oct 2024 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Kay Family Investments Inc. · in 2 casesMortgage over the Real Property registered July 19, 2019, in the principal amount of $14,500,000. Second mortgagee. — Amount per Kay Family mortgage discharge statement indicating indebtedness of $15,590,479.46 plus legal and professional costs as of February 27, 2024. The $14,500,000 is a registered principal/registration figure, not a balance. Security review not yet undertaken by Receiver (security opinion pending). — debtor: Vandyk-Vanmills Plaza Inc. · as of 27 Feb 2024 | $15.6M | Receiver's First Report |
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 approved — distributions to Royal Bank of Canada, Kay Family Investments Inc. and O Canada Capital Inc. from the proceeds of sale of the Transaction, as described in the Second Report, are hereby approvedOrder (Ancillary Relief) · 8 Oct 2024
| Purchaser | Price | Status | Source |
|---|---|---|---|
| 1900 Drive Holdings Inc.the Debtor's right, title and interest in and to the assets described in the Sale Agreement (the 'Purchased Assets') · real property · agreement 21 Aug 2024 | not stated | Approved8 Oct 2024 | Order (Ancillary Relief) |
| Date | Document | File |
|---|---|---|
Order
| PDF · Subscribers | |
| Motion Record | PDF · Subscribers | |
Endorsement
| PDF · Subscribers | |
Approval and Vesting Order
| PDF · Subscribers | |
Order (Ancillary Relief)
| PDF · Subscribers | |
Court Order
| PDF · Subscribers | |
Court Order Endorsement
| PDF · Subscribers | |
Receiver's First Report
| PDF · Subscribers | |
Appointing Receivership Order
| PDF · Subscribers | |
Appointing Interim Receivership Order
| PDF · Subscribers | |
Application Record
| 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-Vanmills Plaza Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 21 September 2026, https://proceedings.ca/case/vandyk-vanmills-plaza-inc