Ontario · Receivership (court-appointed)
Notice of Application
Application / notice of application · 26 August 2022
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What we verified from this filing10 verified
- applicantAndrew Peek and Constantine Trevor Speis
- courtSUPERIOR COURT OF JUSTICE
- court file noCV-22-00686253-00CL
- provinceONTARIO
- statutory basissection 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended and section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43
- commencement date26 August 2022
- appointeeRosen Goldberg Inc.
- appointee rolereceiver, and then a receiver and manager
- secured creditorsnote: Amount paid by Peek and Speis to TD in satisfaction of the Guaranties on or about August 16, 2022; obligations and TD's security interest assigned to them; related parties (former shareholders/limited partners with respondent and its landlord affiliate). · page: 5 · as of: 2022-08-16 · amount: 542526.73 · debtor: City & Stay Hotel Group Ltd. · creditor: Andrew Peek and Constantine Trevor Speis (as assignees of TD's security interest and as sureties under the Mercantile Law Amendment Act) · currency: CAD · security: Assigned TD general security interest over all present and after-acquired property, perfected under the PPSA
- secured creditorsnote: Amount per forbearance agreement dated on or about July 6, 2022, acknowledged as valid and accurate as of June 21, 2022; subsequently paid out by Peek and Speis and assigned to them. · page: 5 · as of: 2022-06-21 · amount: 487389.19 · debtor: City & Stay Hotel Group Ltd. · creditor: Toronto Dominion Bank (TD) · currency: CAD · security: General security agreement over all present and after-acquired property, perfected and registered under the PPSA