Ontario · Receivership (court-appointed)
Receivership Order dated August 28, 2025
Receivership order · 28 August 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 filing19 verified
- applicantLaurentian Bank of Canada
- applicantLaurentian Bank of Canada
- appointeeKSV Restructuring Inc.
- appointeeKSV Restructuring Inc.
- appointee rolereceiver and manager
- appointee roleReceiver
- commencement date28 August 2025
- courtSUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
- courtOntario Superior Court of Justice (Commercial List)
- court file noCV-25-00747532-00CL
- court file noCV-25-00747532-00CL
- debtor names9089802 CANADA CORP.; SEPITMAN CANADA CORP.; 8637989 CANADA CORP.; 2404685 ONTARIO INC.; LULOO HOMES INC.; TEKSUN INC.; 2717852 ONTARIO CORP.; 2717740 ONTARIO LTD.
- order date28 August 2025
- provinceONTARIO
- statutory basissection 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- statutory basissection 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- stay grantedtrue
- chargesReceiver's Charge (350000); Receiver's Borrowings Charge (200000)
- counselChaitons LLP