Ontario · Receivership (court-appointed)
Application Record
Application / notice of application · 8 March 2024
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing6 verified
- applicantIVANO PEGORARO
- commencement date8 March 2024
- courtSUPERIOR COURT OF JUSTICE
- court file noCV-24-00715949-00CL
- statutory basisSECTION 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
- secured creditorsnote: Amount is exact dated balance per demand letter and Notice of Intention to Enforce Security dated January 19, 2024, comprising principal $800,000 plus non-payment amounts, late fees/interest, statement fee, legal fees and administration fees; loan matured September 19, 2023 and remains outstanding; personal guarantee given by Elaine Lindo (principal/director of Debtor) as Guarantor, joint and several liability · page: 76 · as of: 2024-01-19 · amount: 845985.29 · debtor: In Touch Retirement Living for Vegetarians/Vegans Inc. · creditor: Ivano Pegoraro · currency: CAD · security: First ranking mortgage/Charge registered December 21, 2022 as Instrument No. AT6252848 against 64 King Street, Toronto (principal $800,000.00); collateral Promissory Note dated December 19, 2022; Assignment of Rents-General registered as AT6252849