Ontario · Receivership (court-appointed)
First Report of the Receiver dated June 30, 2026
Court officer report · 30 June 2026
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 filing7 verified
- secured creditorsnote: Described as 'principal secured creditor of the Debtors'; Credit Agreement land loan facility principal stated as $70,000,000 (originally $65,000,000, increased by $5,000,000 per February 15, 2024 Amendment Agreement) - these are facility/principal amounts, not a stated outstanding balance; no dated payout/demand balance appears in these pages though a February 2025 demand letter declared all Obligations immediately due · page: 11 · debtor: 1680 Brimley Limited Partnership (Borrower); 2808908 Ontario Inc. and Brimley Progress Developments Inc. (Guarantors/Nominee) · creditor: UBC Solutions Incorporated · currency: CAD · security: First mortgage/charge of $80,000,000 registered against title to the Real Property (Instrument No. AT6432275); demand debenture (up to $80,000,000 principal); first-ranking general security agreements over all current and after-acquired property of 1680, 280 and the Nominee, perfected by PPSA registration; general assignment of rents and leases (Instrument No. AT6432276); beneficial charge over Mortgaged Lands; joint and several guarantee and indemnity from 280 and the Nominee
- secured creditorsnote: Amount per Receiver's First Report lien summary table; Chedas Affidavit states a rounded amount of $875,597.00; validity, quantum and priority subject to determination in proposed Lien Claims Process · page: 22 · as of: 2024-12-02 · amount: 875597.45 · debtor: Brimley Progress Developments Inc. (Nominee) - registered owner of the Real Property · creditor: Astro Shoring Inc. · currency: CAD · security: Construction lien registered against title to the Real Property, Instrument No. AT6710220
- secured creditorsnote: Amount per Receiver's First Report lien summary table; Chedas Affidavit states a rounded amount of $2,188,373.00; validity, quantum and priority subject to determination in proposed Lien Claims Process · page: 22 · as of: 2024-12-02 · amount: 2188373.82 · debtor: Brimley Progress Developments Inc. (Nominee) - registered owner of the Real Property · creditor: Astro Excavating Inc. · currency: CAD · security: Construction lien registered against title to the Real Property, Instrument No. AT6710235
- secured creditorsnote: Validity, quantum and priority subject to determination in proposed Lien Claims Process · page: 22 · as of: 2025-09-02 · amount: 407135.18 · debtor: Brimley Progress Developments Inc. (Nominee) - registered owner of the Real Property · creditor: A& Architects Inc. · currency: CAD · security: Construction lien registered against title to the Real Property, Instrument No. AT6894477
- secured creditorsnote: Validity, quantum and priority subject to determination in proposed Lien Claims Process · page: 22 · as of: 2025-09-10 · amount: 363005.96 · debtor: Brimley Progress Developments Inc. (Nominee) - registered owner of the Real Property · creditor: Reimar Construction Corporation · currency: CAD · security: Construction lien registered against title to the Real Property, Instrument No. AT6899428
- secured creditorsnote: Validity, quantum and priority subject to determination in proposed Lien Claims Process · page: 22 · as of: 2026-04-21 · amount: 282500 · debtor: Brimley Progress Developments Inc. (Nominee) - registered owner of the Real Property · creditor: Otis Canada, Inc. · currency: CAD · security: Construction lien registered against title to the Real Property, Instrument No. AT7048362
- secured creditorsnote: No dollar amount of the unearned premiums is stated in these pages; Receiver obtained a confirmed independent legal opinion from WeirFoulds and has recognized CAFO's priority claim; no funds yet received by Receiver · page: 25 · debtor: 1680 Brimley Limited Partnership, 2808908 Ontario Inc., Brimley Progress Developments Inc. (Debtors) · creditor: CAFO Insurance · currency: CAD · security: Assignment of unearned insurance premiums under Continuous Premium Installment Contract dated September 30, 2024, with notices of financed premium given to insurers; priority claim to unearned premiums pursuant to the Insurance Act (an exception to PPSA registration requirements)