Ontario · Interim receivership
Supplemental Report to the Court
Court officer report · 3 December 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 filing5 verified
- closing confirmedscope: assets connected with a Popeye's franchise location at 3740 Midland Ave., Unit #4, Scarborough · outcome: not_completed · purchaser: FRC Foods Inc. · date basis: unstated
- operational summaryThe Interim Receiver reports that the MIFK Purchaser's sale of the MIFK location (3740 Midland Ave.) was terminated after lease talks with the landlord failed, and a new purchaser, Guru McNicoll Inc., agreed to buy it at the same price on a new lease with the landlord. It also reports the ARF and 261Ont purchasers were reassigned to newly incorporated corporations.
- purchaser1001363100 Ontario Inc.; 1001362938 Ontario Inc.; Guru McNicoll Inc.; FRC Foods Inc.
- report date3 December 2025
- report noSupplemental to the Second Report