Ontario · Receivership (court-appointed)
Application Record - returnable October 14, 2025
Application / notice of application · 14 October 2025
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What we verified from this filing6 verified · 1 withheld
- court file noCV-25-00092187-0000
- applicantTANDIA FINANCIAL CREDIT UNION LIMITED
- courtSUPERIOR COURT OF JUSTICE
- statutory basissubsection 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- secured creditorsnote: Charge is expressly subordinate/subordinate-ranking to Tandia's first-ranking Collateral Charge/Mortgage. · page: 10 · debtor: Oscar Bold Inc. · creditor: S4T Strategic Inc. · currency: CAD · security: Subordinate charge registered against the Real Property, registered amount $3,000,000 (registration ceiling, not a stated outstanding balance)
- secured creditorsnote: Stated as total owing under Credit Agreement as of September 3, 2025, exclusive of legal fees, disbursements and accruing interest, and continuing to accrue (per Demands and BIA Notice). Earlier default letter (Sept 2, 2025) cited a separate arrears figure of $196,772.25 for missed monthly installments (component of default, not total indebtedness). Tandia confirmed as only party with a registered PPSA security interest against the Debtor. Debtor's obligations also guaranteed by Richard Hall Family Holdings Ltd., Carmcorp Inc. (Corporate Guarantee, unlimited) and by Richard G. Hall and Carmen Campagnaro personally (Personal Guarantee, unlimited), plus Limited Recourse Guarantee and Securities Pledge Agreements from Carmcorp Inc. and Richard Hall Family Holdings Ltd. · page: 11 · as of: 2025-09-03 · amount: 11775839.68 · debtor: Oscar Bold Inc. · creditor: Tandia Financial Credit Union Limited · currency: CAD · security: General Security Agreement (all present/after-acquired property, PPSA registered); Cash Collateral Agreement (GICs/term deposits, $150,000, PPSA registered, applied against Indebtedness on or about Sept 17, 2025); Collateral Charge/Mortgage registered on title to Real Property, registered principal amount $11,650,000.00 (instrument WE1779194), first-ranking charge; General Assignment of Rents (instrument WE1779195)
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.