Proceedings.

Z. Desjardins Holdings Inc.

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Proceeding
Receivership (court-appointed)subsection 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c.B-3, as amended, and section 101 of the Courts of Justice Act, R.S.O. 1990, c.C.43, as amended
Court
Ontario Superior Court of Justice
File
CV-23-00706607-00CL
Filings held24
Last activity14 Feb 2025
On the record1,063 days
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Case updates24 dated entries
Parties

Debtor

Z. Desjardins Holdings Inc.

Receiver

TDB Restructuring

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice CarnegieOntario Superior Court of Justice2 orders, Feb 20253 cases on record
Justice BezaireOntario Superior Court of Justice2 orders, Sep 20243 cases on record
Justice NicholsonOntario Superior Court of Justice2 orders, Jul 20245 cases on record
Justice CateOntario Superior Court of Justice2 orders, May 20243 cases on record

Counsel of record

PartyCounselFirst seenSource
CreditorTdbReconstruct LLP5 Jul 2024Order · 5 Jul 2024
CreditorTDB Restructuring LtdReconstruct LLP24 May 2024Order · 24 May 2024
CreditorTDB Restructuring Ltd, in itsReconstruct LLP24 May 2024Order · 24 May 2024
CreditorTDB Restructuring Ltd, in its capacityReconstruct LLP20 Sep 2024Order · 20 Sep 2024
CreditorTDB Restructuring Ltd, in its Desjardins Holdings IncReconstruct LLP5 Jul 2024Order · 5 Jul 2024
CreditorTDB Restructuring Ltd., of ZReconstruct LLP20 Sep 2024Order · 20 Sep 2024
RecoveriesAs stated in the filings

Secured creditors: shortfall. 111' Ltd. a distribution · 1112396 Ontario Limited a distribution · The Stanart Group a distribution.EstimatedFourth Report of the Receiver · 4 Feb 2025

ClassCreditorClaimsRecoveryBasisSource
SecuredApplicants (secured mortgagees)—shortfallEstimatedper the receiverFourth Report of the Receiver · 4 Feb 2025
Secured111' Ltd.—a distributionper the receiverFourth Report of the Receiver · 4 Feb 2025
Secured111' Ltd. (secured mortgagee under 111' Mortgage)1112396 Ontario Limited—a distributionper the receiverThird Report of the Receiver · 12 Sep 2024
SecuredThe Stanart Group—a distributionper the receiverFourth Report of the Receiver · 4 Feb 2025

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.

4 stated figures across 4 outcomes, each sourced

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Fees and ratesAs stated in the filings

6 engagements · 3 firms — latest: RECON, 11 Sep 2024 – 31 Jan 2025Fourth Report of the Receiver · 4 Feb 2025

FirmPeriodHoursFeesRatesSource
RECONCounsel to the receiverperiod 3 of 311 Sep 2024 – 31 Jan 2025•••••••••Fourth Report of the Receiver · 4 Feb 2025
RECONCounsel to the receiverperiod 2 of 324 Jun – 10 Sep 2024•••••••••Third Report of the Receiver · 12 Sep 2024
ReconCounsel to the receiverperiod 1 of 325 Apr – 23 Jun 2024•••••••••Second Report of the Receiver · 28 Jun 2024
ReconstructCounsel to the receiverperiod 1 of 213 Sep 2023 – 24 Apr 2024••••••courtesy discount•••First Report of the Receiver · 30 Apr 2024
Reconstruct LLPCounsel to the receiverperiod 2 of 225 Apr – 23 Jun 2024•••••••••Motion Record of the Receiver · 5 Jul 2024
TDB Restructuring LimitedReceiver16 Jun – 31 Aug 2024—•••not statedFourth Report of the Receiver · 4 Feb 2025

33 stated figures across 6 engagements, each sourced

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Documents
24 filings
DateDocumentFile
Distribution and Discharge Order dated February 14, 2025
  • Presiding officer Justice Carnegie
PDF · Subscribers
Endorsement of the Honourable Justice Carnegie dated February 14, 2025
  • Presiding officer Justice Carnegie
PDF · Subscribers
Motion Record of the Receiver returnable February 14, 2025PDF · Subscribers
Fourth Report of the Receiver dated February 4, 2025
  • Recovery outcome Entries: per estimated; per estimated; per unstated; per unstated · Stated on: 2025-02-04 · Table missing:
  • Fee schedule Subscribers
PDF · Subscribers
Ancillary Order dated September 20, 2024
  • Counsel London RECONSTRUCT LLP
  • Presiding officer Justice Bezaire
PDF · Subscribers
Approval and Vesting Order dated September 20, 2024
  • Counsel Reconstruct LLP
  • Presiding officer Justice Bezaire
PDF · Subscribers
Motion Record of the Receiver returnable September 20, 2024PDF · Subscribers
Third Report of the Receiver dated September 12, 2024
  • Recovery outcome Entries: per unstated · Stated on: 2024-09-12 · Table missing:
  • Fee schedule Subscribers
PDF · Subscribers
Ancillary Order dated July 5, 2024
  • Counsel Reconstruct LLP
  • Presiding officer Justice Nicholson
PDF · Subscribers
Approval and Vesting Order re: Grand Bend dated July 5, 2024
  • Counsel Reconstruct LLP
  • Presiding officer Justice Micholson
PDF · Subscribers
Endorsement of the Honourable Justice Nicholson dated July 5, 2024
  • Presiding officer Justice Nicholson
PDF · Subscribers
Motion Record of the Receiver returnable July 5, 2024
PDF · Subscribers
Second Report of the Receiver dated June 28, 2024
  • Recovery outcome Entries: per unstated · Stated on: 2024-06-28 · Table missing:
  • Fee schedule Subscribers
PDF · Subscribers
Ancillary Order dated May 24, 2024
  • Counsel Reconstruct LLP
  • Presiding officer Justice Ten Cate
PDF · Subscribers
Approval and Vesting Order re: Exeter dated May 24, 2024
  • Counsel Reconstruct LLP
  • Presiding officer Justice Ten Cate
PDF · Subscribers
Motion Record of the Receiver returnable May 10, 2024PDF · Subscribers
First Report of the Receiver dated April 30, 2024
  • Recovery outcome Entries: per unstated · Table missing:
  • Fee schedule Subscribers
PDF · Subscribers
Notice and Statement of Receiver dated November 2, 2023PDF · Subscribers
Endorsement dated October 25, 2023
  • Presiding officer Justice K.C. Tranquilli
PDF · Subscribers
Motion Record returnable October 25, 2023
  • Appointee RSM Canada Limited
  • Appointee role receiver and manager
  • Commencement date 25 October 2023
  • Court SUPERIOR COURT OF JUSTICE - ONTARIO
  • + 2 more extracted facts
PDF · Subscribers
Receivership Order dated October 25, 2023
  • Appointee RSM CANADA LIMITED
PDF · Subscribers
Interim Monitor Order dated October 13, 2023PDF · Subscribers
Application Record dated September 25, 2023
  • Applicant 1112396 ONTARIO LIMITED, BLUEBERRY RECORDS INC., STANART HOLDINGS INC. and FALVO HOLDINGS LIMITED
  • Commencement date 25 September 2023
  • Court SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • Court file no CV-23-00706607-00CL
  • + 1 more extracted fact
PDF · Subscribers
Service List dated September 25, 2023PDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Z. Desjardins Holdings Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 21 September 2026, https://proceedings.ca/case/z-desjardins-holdings-inc

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Sources last checked · record updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/z-desjardins-holdings-inc

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.