Ontario · Receivership (court-appointed)
Interim Receivership Order dated December 20, 2024
Receivership order · 20 December 2024
Also filed as: Interim Receivership Order dated December 20, 2024
A plain-language read of this filing opens with a subscription.
What we verified from this filing22 verified
- applicantACM Advisors Ltd.
- applicantACM Advisors Ltd.
- appointeeKSV Restructuring Inc.
- appointeeKSV Restructuring Inc.
- appointee roleInterim Receiver
- appointee roleInterim Receiver
- commencement date20 December 2024
- courtSUPERIOR COURT OF JUSTICE
- courtOntario Superior Court of Justice
- court file noCV-24-00098058-0000
- court file noCV-24-00098058-0000
- debtor namesASHCROFT URBAN DEVELOPMENTS INC.; 2067166 ONTARIO INC.; 2139770 ONTARIO INC.; 2265132 ONTARIO INC.; ASHCROFT HOMES – LA PROMENADE INC.; 2195186 ONTARIO INC.; ASHCROFT HOMES – CAPITAL HALL INC.; 1019883 ONTARIO INC.
- order date20 December 2024
- provinceONTARIO
- provinceOntario
- statutory basisSection 47(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, and Section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43
- proceeding typeInterim Receivership (BIA s.47(1) / CJA s.101), following termination of CCAA proceedings
- statutory basissection 47(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- stay grantedtrue
- secured amountnumber: 500000
- chargesInterim Receiver's Charge; Interim Receiver's Borrowings Charge (500000)
- presiding officerJustice Mew