Ontario · Receivership (court-appointed)
Third Report of the Receiver dated May 16, 2017
Court officer report · 16 May 2017
Also filed as: Third Report of the Receiver dated May 16, 2017
What we verified from this filing6 verified
- secured creditorsnote: Rideau is not a Companies/receivership entity; registered principal amounts, not stated outstanding balances · page: 5 · as of: 2015-11-06 · debtor: Textbook (256 Rideau Street) Inc. · creditor: Kingsett Mortgage Corporation · currency: CAD · security: Two mortgages/charges registered on title to the Ottawa Property totalling $8.25 million ($2,750,000 charge OC1738363 plus related transferred charge OC1738362/OC1738365 of $5,500,000)
- secured creditorsnote: Registered principal amount, not a stated outstanding balance · page: 64 · as of: 2015-11-06 · amount: 2750000 · debtor: Textbook (256 Rideau Street) Inc. · creditor: Kingsett Mortgage Corporation · currency: CAD · security: Charge OC1738363 registered on title to Ottawa Property (211 Besserer/256 Rideau)
- secured creditorsnote: Registered principal amount, not a stated outstanding balance · page: 64 · as of: 2015-11-06 · amount: 5500000 · debtor: Textbook (256 Rideau Street) Inc. · creditor: Kingsett Mortgage Corporation (as transferee of charge OC1738362) · currency: CAD · security: Charge OC1738362 originally to Phoenix Properties Inc., transferred to Kingsett Mortgage Corporation per OC1738365
- secured creditorsnote: Construction lien claim against Ottawa Property · page: 65 · as of: 2017-04-18 · amount: 845266 · debtor: Textbook (256 Rideau Street) Inc. · creditor: SRM Architects Inc. · currency: CAD · security: Construction lien registered on title (OC1881452)
- secured creditorsnote: Construction lien claim against Ottawa Property; a certificate was subsequently registered 2017-05-03 · page: 65 · as of: 2017-03-10 · amount: 61391 · debtor: Textbook (256 Rideau Street) Inc. · creditor: Doran Contractors Limited · currency: CAD · security: Construction lien registered on title (OC1873431)
- secured creditorsnote: Facility limit/registered mortgage face value, not a stated outstanding balance; Lender is one of the Trustee Corporations acting on behalf of syndicated mortgage investors · page: 164 · debtor: 1703858 Ontario Ltd. (Burlington) · creditor: 2223947 Ontario Limited · currency: CAD · security: First mortgage/charge of land plus General Security Agreement and Note per Loan Agreement dated May 1, 2013; Principal Sum up to $12,800,000; initial face value of Mortgage $5,500,000