Ontario · Receivership (court-appointed)
Application Record of CMLS Financial Ltd. (for motion returnable November 19, 2025)
Application / notice of application · 19 November 2025
What we verified from this filing6 verified
- secured creditorsnote: Construction lien claimant · page: 18 · as of: 2025-07-09 · amount: 539671 · debtor: Bronte Lakeside Ltd. · creditor: Trak International Green Energy Resources Inc. · currency: CAD · security: Construction lien registered under Construction Act (Ontario), Instrument No. HR2115737, against title to Bronte Property
- secured creditorsnote: Jointly held security re purchaser deposit monies; amount not stated in document · page: 18 · as of: deposit trust agreement dated June 23, 2022 · debtor: Bronte Lakeside Ltd. · creditor: Westmount Guarantee Services Inc., Aviva Insurance Company of Canada, and Liberty Mutual Insurance Company · currency: CAD · security: PPSA-registered security interest in purchasers' deposit monies pursuant to a deposit trust agreement dated June 23, 2022, in respect of the Project
- secured creditorsnote: Construction lien claimant · page: 18 · as of: 2025-06-19 · amount: 75639 · debtor: Bronte Lakeside Ltd. · creditor: TM Platforms Inc. · currency: CAD · security: Construction lien registered under Construction Act (Ontario), Instrument No. HR2111676, against title to Bronte Property
- secured creditorsnote: Approximate indebtedness per demand letter dated September 11, 2025, excluding legal/other professional fees; includes credit of $625,581.09 for remaining Interest Reserve balance per CMLS payout statement dated September 9, 2025 (Exhibit U). Unlimited joint-and-several personal guarantees granted by Beneficial Owner's principals (individuals) as guarantors. · page: 19 · as of: 2025-09-10 · amount: 18515023.5 · debtor: Bronte Lakeside Ltd. · creditor: CMLS Financial Ltd. · currency: CAD · security: Registered continuing first collateral mortgage, Instrument No. HR2075741, principal amount $19,100,000, registered Dec 18, 2024 against Bronte Property; General Security Agreement (all present/after-acquired personal property, PPSA registered); General Assignment of Rents and Leases (Instrument No. HR2075742); Transfer and Assignment of Insurance; Assignment of Material Agreements; Assignment of Purchase Agreement; security interest also granted by Beneficial Owner Bronte Limited Partnership under Authorization, Direction and Consent dated Dec 18, 2024
- secured creditorsnote: Construction lien claimant · page: 19 · as of: 2025-07-09 · amount: 215121 · debtor: Bronte Lakeside Ltd. · creditor: Brooklyn Contracting Inc. · currency: CAD · security: Construction lien registered under Construction Act (Ontario), Instrument No. HR2115839, against title to Bronte Property
- secured creditorsnote: Arrears accruing interest; per Property Tax Certificate issued by Town of Oakville current as of October 1, 2025 (Exhibit V) · page: 19 · as of: 2025-10-02 · amount: 114239.55 · debtor: Bronte Lakeside Ltd. · creditor: Town of Oakville · currency: CAD · security: Statutory lien for unpaid municipal property taxes on Bronte Property