Ontario · Receivership (court-appointed)
APPLICATION RECORD (G GROUP) 23-Oct-2025 (1)_Part3_compressed
Application / notice of application · 23 October 2025
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 filing20 verified
- applicantROMSPEN INVESTMENT CORPORATION
- commencement date23 October 2025
- courtSUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
- court file noCV-25-00754026-00CL
- provinceONTARIO
- statutory basissection 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended, section 101 of the Courts of Justice Act, R.S.O. 1990 c. C.43, as amended, and section 68 of the Construction Act, R.S.O. 1990 c. C.40, as amended
- secured creditorsnote: Amounts are registered charge/principal amounts from the land registry, not confirmed outstanding balances; also holds postponements/priority arrangements with other chargeholders (MarshallZehr/WPC GP II Inc., Westmount Guarantee Services Inc., Talisker Realty Corporation) · page: 2 · debtor: G Group 5220 Yonge Ltd. · creditor: Romspen Investment Corporation · currency: CAD · security: Three registered charges (mortgages) against title: AT3438332 (registered 2013/10/25, registered principal $50,000,000); AT5951130 (registered 2021/12/31, registered principal $50,000,000); AT5951169 (registered 2021/12/31, registered principal $250,000,000)
- secured creditorsnote: No monetary amount specified in the registration; postponed to various chargeholders over time · page: 3 · as of: 2017-11-17 · debtor: G Group 5220 Yonge Ltd. · creditor: Talisker Realty Corporation · currency: CAD · security: Certificate of Pending Litigation / Court Order (AT4735769) registered against title
- secured creditorsnote: Amount is registered charge principal, not confirmed outstanding balance · page: 5 · debtor: G Group 5220 Yonge Ltd. · creditor: WPC GP II Inc. (as transferee of MarshallZehr Group Inc.) · currency: CAD · security: Registered charge AT5835474 (registered 2021/08/19, registered principal $55,000,000), originally to MarshallZehr Group Inc., transferred to WPC GP II Inc. (AT5951204, 2021/12/31)
- secured creditorsnote: Amount is registered charge principal, not confirmed outstanding balance · page: 5 · debtor: G Group 5220 Yonge Ltd. · creditor: Westmount Guarantee Services Inc. · currency: CAD · security: Registered charge AT5835476 (registered 2021/08/19, registered principal $100,000,000)
- secured creditorspage: 7 · as of: 2025-08-11 · amount: 275705 · debtor: G Group 5220 Yonge Ltd. · creditor: TKL Group Inc. · currency: CAD · security: Construction lien (AT6878815) under the Construction Act
- secured creditorspage: 7 · as of: 2025-07-16 · amount: 754028 · debtor: G Group 5220 Yonge Ltd. · creditor: King Koating Roofing Inc. · currency: CAD · security: Construction lien (AT6860730) under the Construction Act
- secured creditorspage: 7 · as of: 2025-07-25 · amount: 384916 · debtor: G Group 5220 Yonge Ltd. · creditor: Petra Design Inc. · currency: CAD · security: Construction lien (AT6867298) under the Construction Act
- secured creditorspage: 7 · as of: 2025-08-08 · amount: 139832 · debtor: G Group 5220 Yonge Ltd. · creditor: Northern Caulking Inc. · currency: CAD · security: Construction lien (AT6878260) under the Construction Act
- secured creditorspage: 7 · as of: 2025-07-03 · amount: 297637 · debtor: G Group 5220 Yonge Ltd. · creditor: Panson Electrical Services Ltd. · currency: CAD · security: Construction lien (AT6852002) under the Construction Act
- secured creditorspage: 7 · as of: 2025-06-27 · amount: 74914 · debtor: G Group 5220 Yonge Ltd. · creditor: Leader Plumbing & Heating Inc. · currency: CAD · security: Construction lien (AT6848016) under the Construction Act
- secured creditorspage: 7 · as of: 2025-06-20 · amount: 2344277 · debtor: G Group 5220 Yonge Ltd. · creditor: Leader Plumbing & Heating Inc. · currency: CAD · security: Construction lien (AT6843562) under the Construction Act
- secured creditorspage: 8 · as of: 2025-09-05 · amount: 1376485 · debtor: G Group 5220 Yonge Ltd. · creditor: State Window Corporation · currency: CAD · security: Construction lien (AT6897322) under the Construction Act
- secured creditorspage: 8 · as of: 2025-09-05 · amount: 489316 · debtor: G Group 5220 Yonge Ltd. · creditor: Alloy Fusion Inc. · currency: CAD · security: Construction lien (AT6897528) under the Construction Act
- secured creditorspage: 8 · as of: 2025-09-05 · amount: 490091 · debtor: G Group 5220 Yonge Ltd. · creditor: State Window Corporation · currency: CAD · security: Construction lien (AT6897334) under the Construction Act