Ontario · Receivership (court-appointed)
245 Notice and Statement of Receiver
Notice of receiver (s. 245 / Form 87) · 31 May 2025
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What we verified from this filing8 verified
- secured creditorsnote: Amount owed stated as 'TBD' in Receiver's Statement (p.1) and 'unknown' in List of Creditors (p.3); may be a related party given individual name and address. · page: 1 · as of: 2025-06-10 · debtor: RLY Farms Inc. · creditor: Andrew Osmak · currency: CAD · security: Security on the Property described in the receivership (nature of security not further described)
- secured creditorsnote: Receiver's Statement (p.1) estimates this claim at approximately $3.3 million; List of Creditors (p.3) states exact figure of $3,286,000, used as amount. · page: 3 · as of: 2025-06-10 · amount: 3286000 · debtor: RLY Farms Inc. · creditor: Royal Bank of Canada · currency: CAD · security: Security on the Property (real and personal property) of RLY Farms Inc.
- unsecured creditorspage: 3 · as of: 2025-06-10 · basis: List of Creditors as reported by Receiver · amount: 7000 · debtor: RLY Farms Inc. · creditor: Calibre Metal Building Erectors Inc. · currency: CAD
- unsecured creditorsnote: Municipal taxes; likely a preferred claim under BIA. · page: 3 · as of: 2025-06-10 · basis: List of Creditors as reported by Receiver · amount: 3007 · debtor: RLY Farms Inc. · creditor: Town of Norfolk · currency: CAD
- unsecured creditorsnote: Deemed-trust class claim (CRA indebtedness). · page: 3 · as of: 2025-06-10 · basis: List of Creditors as reported by Receiver · amount: 60950 · debtor: RLY Farms Inc. · creditor: Canada Revenue Agency · currency: CAD
- unsecured creditorsnote: Claim amount listed as 'unknown'; provincial revenue authority, potentially deemed-trust/regulatory class. · page: 3 · as of: 2025-06-10 · basis: List of Creditors as reported by Receiver · debtor: RLY Farms Inc. · creditor: Ontario Ministry of Finance · currency: CAD
- unsecured creditorspage: 3 · as of: 2025-06-10 · basis: List of Creditors as reported by Receiver · amount: 25000 · debtor: RLY Farms Inc. · creditor: Agco Finance Canada · currency: CAD
- unsecured creditorsnote: Claim amount listed as 'unknown'. · page: 3 · as of: 2025-06-10 · basis: List of Creditors as reported by Receiver · debtor: RLY Farms Inc. · creditor: Penny Reitzel · currency: CAD