Ontario · Receivership (court-appointed)
First Court Report
Court officer report · 27 May 2026
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 filing7 verified
- cash on handnote: Derived from the R&D for the period from the Appointment Order to April 30, 2026; excludes professional fees. · as at: 2026-04-30 · amount: 28558 · currency: CAD · qualifier: net receipts remaining in the receivership estate account
- disbursementsnote: Primarily for transportation and care of the Cows, payment to AWS for its Statement of Account, insurance and the appraisal; excludes professional fees. · since: date of the Appointment Order (January 26, 2026) to April 30, 2026 · amount: 171655 · currency: CAD
- operational summaryThe Debtors' dairy operation has ceased: DFO stopped accepting its milk, the cows were removed to a third-party farm and dried off, and the Receiver is marketing the farm property, cows and equipment for sale while the milk quota is to be sold separately on the DFO exchange.
- professional feesnote: Before HST; one invoice. Receiver's counsel Chaitons LLP invoiced $23,373.00 (inclusive of disbursements, before HST) across three invoices for January 31, February 28 and March 31, 2026 ($1,113.00; $15,146.50; $7,113.50). · party: MNP Ltd. (Receiver) · amount: 62705.6 · period: January 9, 2026 through April 10, 2026 · currency: CAD
- receipts cumulativenote: Stated as cash receipts including Bank advances totalling $200,000 under the Receiver's Certificates; the report does not state a separate total receipts figure, so $200,000 is the stated figure for advances/receipts. · since: date of the Appointment Order (January 26, 2026) to April 30, 2026 · amount: 200000 · currency: CAD
- report date27 May 2026
- report noFirst Report