Ontario · Receivership (court-appointed)
Motion record of Peakhill Capital Inc. Vol 1 dated September 25, 2026
Application / notice of application · 25 September 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
- applicantPEAKHILL CAPITAL INC.
- courtSUPERIOR COURT OF JUSTICE
- court file noCV-26-00000061-0000
- proceeding typereceivership_court
- secured creditorsnote: No outstanding balance is stated on these pages; the motion refers to a Notice of Sale (Jan 7, 2026) advising of 'total outstanding indebtedness' and a Demand Notice dated Nov 18, 2025 (Exhibit 14), but neither figure appears in the pages provided. Monthly payments in default from October 2025. Lender is stated to be the only mortgagee on title (30 PINs, all units owned by Borrower) and the Borrower's only secured creditor per PPSA search. Parcel registers for units also show municipal government-order applications (LA343979 registered 2026/06/22 and LA346658 registered 2026/08/20, by the Corporation of the County of Lambton) on at least two unit PINs; these are not secured debts and carry no amount. · page: 8 · debtor: Sweet Home Shores Inc. · creditor: Peakhill Capital Inc. (formerly held by Computershare Trust Company of Canada as custodian/nominee) · currency: CAD · security: First-ranking Charge/Mortgage registered Jan 9, 2025 as LA321667 (transferred to Peakhill Jan 5, 2026 as LA337497); Notice of Assignment of Rents-General LA321668 (transferred as LA337498); General Security Agreement dated Dec 17, 2024; Assignment of Leases dated Dec 17, 2024; PPSA financing statements; limited guarantees (40% of outstanding Loan obligations, joint and several) from Carmcorp Inc., Richard Hall Family Holdings Ltd., and the two individual guarantors (a director of the Borrower and its related companies each); the guarantors' liability is limited to 40% of the outstanding Loan. Registered charge principal $14,715,382.50 (a registration figure, not the balance owing). Original Loan principal advanced under the Nov 21, 2024 Commitment: $11,772,306.00 (gross amount, incl. CMHC premium and fees; CMHC-insured, 480-month amortization, maturity June 1, 2030).