Ontario · Receivership (court-appointed)
Application Record -
Application / notice of application · 17 September 2024
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What we verified from this filing5 verified · 1 withheld
- applicantLAURENTEL CORPORATION, JCLS CAPITAL CORP., PETER BASHMAKOV, 1345791 ONTARIO INC., and KATHRINE REID
- courtONTARIO SUPERIOR COURT OF JUSTICE
- court file noCV-24-00097114-0000
- statutory basissubsection 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- secured creditorsnote: Indebtedness of $4,502,392.87 for principal and interest (exclusive of legal fees, disbursements and accruing interest) as of May 1, 2024, pursuant to Mortgage Commitment dated December 12, 2022; Debtors in default, matured March 1, 2023; formal demand and Section 244 Notice made May 23, 2024, since expired · page: 9 · as of: 2024-05-01 · amount: 4502392.87 · debtor: Pro/Com Realty Corp. and 1983880 Ontario Inc. · creditor: Laurentel Corporation, JCLS Capital Corp. (previously 2408371 Ontario Inc.), Peter Bashmakov, 1345791 Ontario Inc., and Kathrine Reid (collectively, the Lenders) · currency: CAD · security: Charge/mortgage registered on title Feb 10, 2023 in the registered amount of $3,250,000 (registered principal, not the balance); Site-Specific Security Agreement dated Feb 8, 2023; Beneficial Charge Agreement dated Feb 8, 2023
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.