Ontario · Receivership (court-appointed)
Motion Record of the Receiver – dated July 31, 2026
Application / notice of application · 31 July 2026
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: Outstanding indebtedness as at June 12, 2026, based on the Bank's records (per Receiver's First Report distribution table, note d); personal guarantees exist from related individuals Arthur (estate), Robert and Mark Morbrook · page: 51 · as of: 2026-06-12 · amount: 1152866 · debtor: Morgrove Holsteins Ltd. · creditor: The Bank of Nova Scotia · currency: CAD · security: First-ranking Mortgage/Charge dated 2016-08-02 (Instrument No. BC299492) in principal sum of $1,500,000 registered against the Property; ScotiaFlex For Agriculture credit facility comprising Term Loan (authorized $989,000), Credit Line (authorized $481,000) and Visa (authorized $20,000); secured also by unlimited personal guarantees of Arthur, Robert and Mark Morbrook
- secured creditorsnote: PPSA equipment financiers (PMSI class) - serialized equipment financing · page: 69 · as of: 2025-08-26 · debtor: Morgrove Holsteins Ltd. · creditor: AGCO Finance Canada Ltd · currency: CAD · security: PPSA financing statement registered 2025-08-26 for a 6-year period, collateral classification: equipment — 2024 Massey Ferguson MF2607H Tractor, serial MEAD5281YR1470307
- secured creditorspage: 69 · as of: 2025-10-02 · debtor: Morgrove Holsteins Ltd. · creditor: Royal Bank of Canada · currency: CAD · security: PPSA financing statement registered 2025-10-02 for a 5-year period, collateral classification: inventory, equipment, accounts, other, and motor vehicle included (blanket all-property registration)
- secured creditorspage: 69 · as of: 2021-07-05 · debtor: Morgrove Holsteins Ltd. · creditor: Farm Credit Canada · currency: CAD · security: PPSA financing statement registered 2021-07-05 for a 6-year period, collateral classification: equipment and other
- secured creditorsnote: Regulatory/statutory municipal tax arrears per Tax Certificate · page: 70 · as of: 2026-04-08 · amount: 3516.58 · debtor: Morgrove Holsteins Ltd. · creditor: Corporation of the County of Brant · currency: CAD · security: Statutory lien for unpaid municipal property taxes on the Real Property (461 Highway 54, Brantford, Ontario)