Ontario · Receivership (court-appointed)
Motion Record of the Receiver dated August 4, 2026
Application / notice of application · 4 August 2026
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What we verified from this filing4 verified
- secured creditorsnote: Approximate outstanding balance as at May 12, 2026, plus fees, interest and costs continuing to accrue (the 'BMO Indebtedness'); BMO is described as the Companies' principal/senior secured creditor. Receiver has obtained a security opinion and considers proposed distributions to BMO appropriate. · page: 21 · as of: 2026-05-12 · amount: 18500000 · debtor: Adriel Ortino Corp., ADD Equipment Corp., Aden Disposal Corp., AE3 Excavating Corp., AEON Landscaping Corp., All Seasons Gardening & Maintenance Ltd., Anthony's Excavating and Grading Ltd., HC & C Contracting Inc., and Shilson Excavation & Trucking Inc. (collectively, the Companies) · creditor: Bank of Montreal (BMO) · currency: CAD · security: General security agreements (GSAs) over substantially all of the Companies' personal property; PPSA (Ontario) financing statements registered against each of the Companies and certain of the Equipment
- secured creditorsnote: Described as one of the 'other material secured creditors.' Permitted under the Receivership Order to repossess its Equipment upon 10-day notice and required payments per Paragraph 36; NBC made the required payments but, as of the First Report date, had not taken steps to repossess its equipment; required to account to the Receiver and remit any equity recovered. · page: 22 · debtor: The Companies · creditor: National Bank of Canada (NBC) · currency: CAD · security: First ranking security interest in certain of the Companies' Equipment
- secured creditorsnote: Described as one of the 'other material secured creditors.' Equipment subject to TD Bank's security was excluded from the receivership proceedings and TD Bank was permitted to repossess its collateral; TD Bank required to provide the Receiver with an accounting of its realization efforts and pay over any equity recovered. · page: 22 · debtor: The Companies · creditor: The Toronto-Dominion Bank (TD Bank) · currency: CAD · security: First ranking security interest in certain of the Companies' Equipment
- secured creditorsnote: Receiver is dealing with Wells Fargo to either have its equipment sold by Infinity or have Wells Fargo take possession of its equipment. · page: 23 · debtor: The Companies · creditor: Wells Fargo · currency: CAD · security: Security on one piece of Equipment