Ontario · Receivership (court-appointed)
First Report of the Receiver dated September 15, 2026
Court officer report · 15 September 2026
What we verified from this filing5 verified
- operational summaryThe Company was not carrying on any operations as at the Filing Date, with only nominal-value residual assets; the receivership's primary purpose was to conduct a court-supervised sale process for the Dufferin Property.
- professional feesnote: Excludes HST; disbursements included. GB's fees separately total $15,663.87 inclusive of disbursements and HST for July 24, 2026 to September 15, 2026. · party: Receiver (Albert Gelman Inc.) · amount: 58083 · period: June 15, 2026 to August 31, 2026 · currency: CAD
- recovery outcomeentries: basis: estimated · quote: TD is projected to incur a shortfall on its advances to the Company and has consented to the Transaction; · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: TD · creditor name: Toronto-Dominion Bank · interim final: unstated · related party: false · claims qualifier: unstated · table missing:
- report date15 September 2026
- report noFirst Report