Ontario · Receivership (court-appointed)
Supplement to the First Report of Gowling WLG (Canada) LLP dated June 11, 2026
Court officer report · 11 June 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 filing6 verified
- report date11 June 2026
- operational summarySupplement advises that a broker reported Vincent Salvatore wanted to sell the GVE II Property immediately for 'whatever he could'; Representative Counsel sent cease-and-desist letters, registered a caution on title, and argues the GVE II and Lyons Creek Properties should be administered in this receivership notwithstanding the Hamilton injunction.
- purchaserprice: note: Vincent Salvatore reportedly wanted to accept 'whatever he could' for the property; no price agreed · sealed: false · scope: the GVE II Property · status: not_completed · name note: unnamed developer client of McKenzie Lake, described as a likely candidate for interest in the GVE II Property, not a completed transaction · structure: real_property · name source: recital · relationship: unstated; Copperstone; price: basis: cash · amount: 10018674.24 · sealed: false · currency: CAD · scope: the London Properties · status: proposed · name note: purchasers of the London Properties, changed by assignment of the APS · structure: real_property · name source: recital · relationship: unstated; First Global Financial Corp.; Paybank; First Global; First Global
- report date11 June 2026
- report noSupplement to the First Report
- sale outcometext: Multiple prior share and real property transactions in the Land Banking Program have closed or been attempted; the GVE II Property remains at risk of unauthorized dealing and the Receiver is seeking protective relief. · scope: parcel · status: not_completed