Ontario · Receivership (court-appointed)

Report of the Proposed Receiver dated January 22, 2025

Pre-filing report · 22 January 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 filing1 verified

secured creditorsnote: No specific outstanding balance amount stated in this report; document indicates only that RBC has security over 80 Leasing Vehicles and 32 Floorplan Vehicles per Inventory Listing dated January 10, 2025. · page: 5 · debtor: 898984 Ontario Inc. o/a Richmond Hill Fine Cars · creditor: Royal Bank of Canada · currency: CAD · security: General security agreement, dealer inventory security agreement, and leased unit security agreement securing wholesale lease facility, floorplan facility, operating facility and VISA facility (collectively, the Credit Facilities)