Ontario · CCAA
Motion Record Returnable April 17, 2018
Application / notice of application · 17 April 2018
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What we verified from this filing5 verified
- secured creditorsnote: Deemed trust class claim, priority on distribution from Goyeau Property sale ahead of Volturara and DiDomizios; amount not stated on these pages (see Tab 19 - Canada Revenue Agency Deemed Trust Claim dated January 24, 2018) · page: 11 · as of: 2018-01-24 · debtor: Ferwin Ventures Capital Inc. · creditor: Canada Revenue Agency · currency: CAD · security: Deemed trust claim on account of outstanding HST
- secured creditorsnote: Maximum amount plus interest from April 5, 2018 plus legal enforcement expense; also has personal guarantee from Leo Agozzino · page: 11 · as of: 2018-04-05 · amount: 1197501.81 · debtor: Ferwin Ventures Capital Inc. · creditor: FirstOntario Credit Union Limited · currency: CAD · security: First mortgage on the Ouellette Property
- secured creditorsnote: Maximum amount plus interest from or about March 2018; discharge statement referenced dated March 2018 · page: 11 · as of: 2018-03 · amount: 415205.91 · debtor: Ferwin Ventures Capital Inc. · creditor: Volturara Investments Inc. · currency: CAD · security: Mortgage loan on the Goyeau Property
- secured creditorsnote: Priority ahead of mortgagees on distribution from each property; amount stated as arrears per Statement of Account but exact figure not given on these pages · page: 11 · as of: April 5, 2018 · debtor: Ferwin Ventures Capital Inc. · creditor: The Corporation of the City of Windsor · currency: CAD · security: Municipal property tax arrears related to the Ouellette Property and the Goyeau Property
- secured creditorsnote: Maximum principal plus accrued interest from or about April 24, 2017; Receiver's investigation indicates amount advanced pursuant to second mortgage is $500,000.00 (per para 21, p.11 of motion record text/page 17); close relationship noted between Ferwin and Antonio/Malgorzata (same address for service) and $500,000 of proceeds directed to be paid to Wilsondale, a related company to Ferwin's sole officer/director Ferrari - concerns raised re corporate authority · page: 12 · as of: 2017-04-24 · amount: 550000 · debtor: Ferwin Ventures Capital Inc. · creditor: Antonio DiDomizio and Malgorzata DiDomizio · currency: CAD · security: Second mortgage on the Goyeau Property, registered May 9, 2017, also secured on a Pro-Tanto basis against property municipally known as 731 Goyeau Street