Ontario · Receivership (court-appointed)
Notice and Statement of the Receiver dated February 3, 2025
Notice of receiver (s. 245 / Form 87) · 3 February 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 filing5 verified
- secured creditorsnote: Prose estimate in Notice states approximately $4,176,954 (per J. Gagnon Affidavit sworn Jan 21, 2025); exact figure per Appendix A list of known creditors as at Jan 24, 2025 used as amount. Receiver has not obtained a legal opinion on this security and does not acknowledge validity or quantum. · page: 4 · as of: 2025-01-24 · amount: 4176954.53 · debtor: 898984 Ontario Inc. o/a Richmond Hill Fine Cars · creditor: Royal Bank of Canada (RBC) · currency: CAD · security: Security registered under the Personal Property Security Act (PPSA); Receivership Order granted on RBC's application pursuant to its security
- unsecured creditorsnote: Preferred/priority claim ranking ahead of ordinary unsecured creditors. · page: 4 · as of: 2025-01-24 · basis: Listed as a 'Priority Creditor' in Appendix A - List of Known Creditors, as at January 24, 2025 · amount: 181.9 · debtor: 898984 Ontario Inc. o/a Richmond Hill Fine Cars · creditor: Canada Revenue Agency · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-01-24 · basis: Appendix A - List of Known Creditors, as at January 24, 2025 · amount: 1493.66 · debtor: 898984 Ontario Inc. o/a Richmond Hill Fine Cars · creditor: Alectra Utilities · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-01-24 · basis: Appendix A - List of Known Creditors, as at January 24, 2025 · amount: 580.69 · debtor: 898984 Ontario Inc. o/a Richmond Hill Fine Cars · creditor: Bell Canada · currency: CAD
- unsecured creditorsnote: Total unsecured creditors per Appendix A is $2,591.51; prose in Notice (para 4(e)) approximated this at $2,591. · page: 4 · as of: 2025-01-24 · basis: Appendix A - List of Known Creditors, as at January 24, 2025 · amount: 517.16 · debtor: 898984 Ontario Inc. o/a Richmond Hill Fine Cars · creditor: Rogers Communications Canada Inc. · currency: CAD