Ontario · Receivership (court-appointed)
Pre-filing Report of the Proposed Interim Receiver dated December 11, 2024
Pre-filing report · 11 December 2024
Also filed as: Pre-filing Report of the Proposed Interim Receiver dated December 11, 2024
A plain-language read of this filing opens with a subscription.
What we verified from this filing4 verified
- secured creditorsnote: Mortgagee of Ravines Retirement; is seeking the appointment of BDO Canada Limited as receiver over the Ravines Retirement property. Ravines Retirement is not among the entities KSV is proposed to be interim receiver of. No amount is stated in the report. · page: 3 · debtor: 2139770 Ontario Inc. (Ravines Retirement) · creditor: Central 1 Credit Union · currency: CAD · security: Mortgage on the Ravines Retirement real property
- secured creditorsnote: Mortgagee of 1019883 Ontario Inc.; its counsel had not yet advised KSV of its position regarding the interim receivership. No amount is stated in the report. · page: 3 · debtor: 1019883 Ontario Inc. · creditor: Canadian Western Bank · currency: CAD · security: Mortgage on the 1019883 Ontario Inc. real property (Applicants' head office)
- secured creditorsnote: Named as a lender/mortgagee. KSV is the financial advisor to CMLS Financial Ltd. regarding its loans to Ashcroft Urban (engagement letter dated October 15, 2024). No amount is stated in the report. · page: 4 · debtor: Ashcroft Urban Developments Inc. · creditor: CMLS Financial Ltd. · currency: CAD · security: Mortgage loan(s) to Ashcroft Urban Developments Inc. on its real property
- secured creditorsnote: KSV has provided advisory services to Institutional Mortgage Corporation in respect of its mortgages. No amount is stated in the report. · page: 4 · debtor: Certain of the Applicants (Ashcroft group) · creditor: Institutional Mortgage Corporation · currency: CAD · security: Mortgages registered on title to certain of the Applicants' real property