Westport Beach Development Corporation
Follow- Proceeding
- Receivership (court-appointed)section 101 of the Courts of Justice Act and Rule 60.02(1)(d) of the Rules of Civil Procedure
- File
- CV-13-9978-00CL
Westport Beach Development Corporation has been under court-appointed receivership since January 28, 2013, when the Ontario Superior Court of Justice appointed SF Partners Inc. receiver and manager under section 101 of the Courts of Justice Act and Rule 60.02(1)(d) of the Rules of Civil Procedure, on the application of Daniels Aquaview Inc. The receivership is carried on the Commercial List in court file CV-11-428859 and remains active.
32 earlier updates, back to 28 January 2013 — subscribers.
Undated filings6 — no date appears on the document · show
6 filings carry no date on their face — subscribers.
Debtor
Westport Beach Development Corporation
Receiver
Rosen Goldberg
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Morawetz | Ontario Superior Court of Justice | 2 orders, Nov 2013 | 130 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| CreditorRosen Goldberg Inc | Goldman Sloan Nash & Haber LLP | 18 May 2016 | Order · 18 May 2016 |
| CreditorSF PartnersInc | Goldman Sloan Nash & Haber LLP | 19 Jul 2013 | Order · 19 Jul 2013 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Daniels Aquaview Inc.as of Third Report (post-receivership distributions to date) — First-ranking mortgages (registered 2009); ranking/largest secured creditor and lender of Westport — Amount reflects cumulative distributions/payments to Daniels per statement from Daniels (Appendix 20); statement's total is higher than Receiver's actual distributions because it also includes monthly VTB mortgage payments assigned to Daniels. Interim distribution order (April 10, 2013) capped distributions at up to $5,000,000 to Daniels; further distributions beyond that require additional court order. Receiver has not analyzed pri | $2.54M | Receiver's third 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.
2 transactions · 2 approvedMay 18, 2016 Order unit C141 · 18 May 2016
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Helen Kostopouloslocker unit B106 at 3865 Lakeshore Blvd. West, Toronto (the "Purchased Asset") · real property | not stated | Approved18 May 2016 | May 18, 2016 Order Unit B106 |
| Rob MacKaylocker unit C141 at 3865 Lakeshore Blvd. West, Toronto (the "Purchased Asset") · real property | not stated | Approved18 May 2016 | May 18, 2016 Order unit C141 |
Daniels Aquaview Inc.: paid in full.FinalReceiver's eight report · 15 Apr 2015
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | Daniels Aquaview Inc. | — | paid in full | Finalper the receiver | Receiver's eight report · 15 Apr 2015 |
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.
| Date | Document | File |
|---|---|---|
| Court -Sale to Sordi | PDF · Subscribers | |
| Order - Sale to TSCC, August 12, 2021 | PDF · Subscribers | |
| May 30, 2018 Vesting order | PDF · Subscribers | |
| July 18, 2017 Order | PDF · Subscribers | |
June 16, 2016 Order
| PDF · Subscribers | |
| May 18, 2016 - Vesting order unit B110 | PDF · Subscribers | |
| May 18, 2016 Order | PDF · Subscribers | |
May 18, 2016 Order Unit B106
| PDF · Subscribers | |
| May 18, 2016 Order unit C135 | PDF · Subscribers | |
May 18, 2016 Order unit C141
| PDF · Subscribers | |
November 5, 2015 Order
| PDF · Subscribers | |
| September 9, 2015 - Approval and vesting orderd September 9, 2015 | PDF · Subscribers | |
| Motion record - including Receiver's seventh report | PDF · Subscribers | |
| October 28, 2014 - Approval and vesting order | PDF · Subscribers | |
September 16, 2014 Order
| PDF · Subscribers | |
Receivre's fifth report-Supplementary
| PDF · Subscribers | |
| September 9, 2014 Order | PDF · Subscribers | |
| June 13, 2014 Order | PDF · Subscribers | |
| Motion record -Amedned order re unit 1403 | PDF · Subscribers | |
| June 5, 2014 Order | PDF · Subscribers | |
| Motion record -Part 1 including Receiver's fourth report | PDF · Subscribers | |
| Motion record -Part 2 | PDF · Subscribers | |
Motion record -Part 3
| PDF · Subscribers | |
| Motion record -Part 4 | PDF · Subscribers | |
| November 21, 2013 - Order unit 1303 | PDF · Subscribers | |
| November 21, 2013 Order | PDF · Subscribers | |
November 21, 2013 Order re Teisan
| PDF · Subscribers | |
| November 21, 2013 Order unit 1506 | PDF · Subscribers | |
| November 21, 2013 Order unit 301 | PDF · Subscribers | |
| November 21, 2013 Order units A and B | PDF · Subscribers | |
November 12, 2013 Order
| PDF · Subscribers | |
July 19, 2013 Order
| PDF · Subscribers | |
| Receiver's second report-supplementary | PDF · Subscribers | |
January 28, 2013 - Receivership order
| PDF · Subscribers | |
Motion record
| PDF · Subscribers | |
Receiver's eight report
| PDF · Subscribers | |
| Receiver's first report | PDF · Subscribers | |
Receiver's ninth report
| PDF · Subscribers | |
| Receiver's second report | PDF · Subscribers | |
Receiver's third report
| PDF · Subscribers | |
| Receiver's third report - 2nd supplementary | 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., “Westport Beach Development Corporation” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/westport-beach-development-corporation