Ontario · Interim receivership
Motion Record of the the Court - Appointed Interim Receiver dated September 18, 2026
Application / notice of application · 18 September 2026
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A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
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- secured creditorsnote: Court-appointed officer charge, not a balance; related to proceedings administration · page: 6 · debtor: PerfectKo Limited Partnership and PerfectKo GP Inc. · creditor: AlixPartners Restructuring, Inc. and Bennett Jones LLP (Interim Receiver's Charge) · currency: CAD · security: First-ranking super-priority charge over the Property to secure fees and disbursements
- secured creditorsnote: Facility/borrowing limit is $1,300,000 (increased from $1,000,000); represents a ceiling, not an outstanding balance · page: 7 · debtor: PerfectKo Limited Partnership and PerfectKo GP Inc. · creditor: Interim Receiver's Borrowings Charge (770 Corp. or its affiliate as lender) · currency: CAD · security: Second-ranking super-priority charge over the Property; borrowing limit increased to $1,300,000 (facility ceiling, not a balance)
- secured creditorsnote: Described as approximately $14.2 million owing (Debtors' Indebtedness); sole secured creditor, subordinate only to Interim Receiver's Charge and Interim Receiver's Borrowings Charge; non-revolving term loan principal was $12.5 million per Commitment Letter dated July 11, 2024. Personal guarantee also granted by Henry Kauftheil (director). · page: 17 · amount: 14200000 · debtor: PerfectKo Limited Partnership and PerfectKo GP Inc. · creditor: 770 Corp. · currency: CAD · security: General security agreement dated July 11, 2024; guarantee dated July 11, 2024 by PerfectKo GP; guarantee and collection of security agreement dated July 11, 2024 by Mr. Kauftheil (personal guarantor)