Ontario · Receivership (court-appointed)
Receivership Order dated September 15, 2026.pdf
Receivership order · 15 September 2026
What we verified from this filing12 verified
- applicantKevin Drexler Holdings Inc.
- appointeeGrant Thornton Limited
- appointee rolereceiver and manager
- commencement date15 September 2026
- courtSUPERIOR COURT OF JUSTICE
- court file noCV-26-00000373-0000
- provinceONTARIO
- statutory basissection 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- secured creditorsnote: Receiver's Charge on Shop Property is subordinate to this mortgage for amounts greater than $30,000 · page: 10 · debtor: DCL (Drexler Construction Limited) · creditor: ROI · currency: CAD · security: Mortgage granted by DCL in favour of ROI, principal amount of $1,700,000, registered against Shop Property
- secured creditorsnote: Applicant to receivership; costs of application payable per terms of Applicant's security (para 34) · page: 14 · debtor: Drexler Construction Limited and Down Under Pipe and Cable Locating Ltd. · creditor: Kevin Drexler Holdings Inc. · currency: CAD · security: Applicant's security (unspecified); Applicant is the party appointing the Receiver and funding it via Receiver's Borrowings Charge, priority over other encumbrances up to $250,000 outstanding principal
- counselThornton Grout Finnigan LLP
- presiding officerJustice Chown