Ontario · NOI
Motion record
Application / notice of application · 18 February 2026
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What we verified from this filing12 verified
- courtSUPERIOR COURT OF JUSTICE
- court file noBK-26-03327497-0031
- provinceONTARIO
- commencement date30 January 2026
- unsecured creditorsnote: Related party (principal/shareholder of Factory Tile) - unsecured loan of approximately $1,444,000 · page: 15 · basis: Stated in affidavit as an unsecured shareholder loan provided by the affiant · amount: 1444000 · debtor: Factory Tile Depot Inc. · creditor: Tal Dehtiar (shareholder loan) · currency: CAD
- financial positionnote: Affidavit states Factory Tile has approximately $3,944,000 in liabilities, of which approximately $2,117,000 is secured debt. Trade payables stated to be little to none as Company pre-pays or pays on delivery for inventory. · page: 22 · basis: As stated in Affidavit of Tal Dehtiar (approximate figures) · scope: Factory Tile Depot Inc. (entity level) · currency: CAD · total liabilities: 3944000
- secured creditorsnote: Described as Factory Tile's principal/primary secured lender; owed $1.5 million pursuant to promissory note per affidavit para 20; guarantors/chargors include related parties (Tal Dehtiar, principal, and his companies Crood Holdings/Crood Farms) · page: 22 · amount: 1500000 · debtor: Factory Tile Depot Inc. · creditor: Eldridge Capital Ltd. · currency: CAD · security: Promissory note secured by third collateral charge on Hamilton Property, second collateral charge on Brock Property (granted by Crood Farms Limited), and second collateral charge on Burlington Property (granted by Tal and Katherine Dehtiar), each in principal amount of $1,500,000; guaranteed by Crood Holdings Limited, Crood Farms Limited and Tal Dehtiar
- secured creditorsnote: Agreement balance $166,947; principal balance $111,474. Personal guarantee exists (guarantor role) · page: 23 · amount: 166947 · debtor: Factory Tile Depot Inc. · creditor: Business Credit & Capital LLC · currency: CAD · security: Purchase and Sale Agreement with security interest/lien on Collateral (personal property); personal performance guarantee by guarantor(s)
- secured creditorsnote: Agreement balance $123,296; principal balance $86,296. Personal guarantee by Tal Dehtiar (principal/related party) exists but limited to performance guaranty unless Event of Default · page: 23 · amount: 123296 · debtor: Factory Tile Depot Inc. · creditor: NewCo Capital Group · currency: CAD · security: Revenue Purchase Agreement with security interest in accounts, chattel paper, documents, goods, equipment, general intangibles, instruments, inventory, deposit account funds, and other property; personal guaranty of performance by Tal Dehtiar
- secured creditorsnote: Agreement balance $169,848; principal balance $127,848 (principal balance not the amount reported per document's own figures) · page: 23 · amount: 169848 · debtor: Factory Tile Depot Inc. · creditor: Merchant Opportunities Canada LP (by its general partner Merchant Opportunities Canada Ltd.) · currency: CAD · security: Purchase and sale of future receivables agreement with security interest in Merchant's personal property (Canadian Security); Quebec hypothec if applicable
- secured creditorsnote: Agreement balance $157,550; principal balance $102,050 · page: 23 · amount: 157550 · debtor: Factory Tile Depot Inc. · creditor: Sheaves Capital · currency: CAD · security: Purchase and Sale of Receivables Agreement
- secured creditorsnote: Provided financing to one of Tal Dehtiar's (affiant's) other companies; Factory Tile provided guarantee/collateral security - related party financing arrangement; amount not stated · page: 23 · debtor: Factory Tile Depot Inc. (guarantor/collateral security provider) · creditor: Ontap Capital Corp · currency: CAD · security: Guarantee and collateral security from Factory Tile Depot Inc.