Ontario · Receivership (court-appointed)
Notice and Statement of the Receiver dated May 30th, 2025
Notice of receiver (s. 245 / Form 87) · 30 May 2025
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A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
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- financial positionnote: Figures are book values per internal (unaudited) financial statements; document notes net realizable value will differ, possibly significantly. No liabilities/total presented on this asset summary; separate secured creditor list totals $44,602,439 and unsecured creditor list totals $25,923,759, but these are creditor listings, not a stated liabilities figure on this balance sheet. · page: 1 · as at: 2025-04-30 · basis: Per the Company's April 30, 2025 internal financial statements · scope: Sherwood Forest Square Ltd. (entity) · currency: CAD · total assets: 21157868
- secured creditorspage: 21 · amount: 665000 · debtor: Sherwood Forest Square Ltd. · creditor: David and Brenda Long · currency: CAD
- secured creditorspage: 21 · amount: 197748 · debtor: Sherwood Forest Square Ltd. · creditor: David Wood · currency: CAD
- secured creditorspage: 21 · amount: 250000 · debtor: Sherwood Forest Square Ltd. · creditor: Emily Peters · currency: CAD
- secured creditorspage: 21 · amount: 650000 · debtor: Sherwood Forest Square Ltd. · creditor: Eryn and Derek Konkle · currency: CAD
- secured creditorspage: 21 · amount: 100000 · debtor: Sherwood Forest Square Ltd. · creditor: Franco Scorziello · currency: CAD
- secured creditorspage: 21 · amount: 220000 · debtor: Sherwood Forest Square Ltd. · creditor: Franco Venturato · currency: CAD
- secured creditorspage: 21 · amount: 600000 · debtor: Sherwood Forest Square Ltd. · creditor: George Dreer · currency: CAD
- secured creditorspage: 21 · amount: 220000 · debtor: Sherwood Forest Square Ltd. · creditor: Jason Jackman · currency: CAD
- secured creditorspage: 21 · amount: 1000000 · debtor: Sherwood Forest Square Ltd. · creditor: 2152683 Ontario Ltd · currency: CAD
- secured creditorspage: 21 · amount: 50000 · debtor: Sherwood Forest Square Ltd. · creditor: 2243530 Ontario Inc · currency: CAD
- secured creditorsnote: First of two separate listings for this creditor in the document. · page: 21 · amount: 100000 · debtor: Sherwood Forest Square Ltd. · creditor: 2363134 Ontario Inc · currency: CAD
- secured creditorsnote: Second of two separate listings for this creditor in the document. · page: 21 · amount: 630000 · debtor: Sherwood Forest Square Ltd. · creditor: 2363134 Ontario Inc · currency: CAD
- secured creditorspage: 21 · amount: 2000000 · debtor: Sherwood Forest Square Ltd. · creditor: 2475677 Ontario Inc · currency: CAD
- secured creditorspage: 21 · amount: 150000 · debtor: Sherwood Forest Square Ltd. · creditor: 2498130 Ontario Inc · currency: CAD
- secured creditorspage: 21 · amount: 250000 · debtor: Sherwood Forest Square Ltd. · creditor: 2697515 Ontario Inc · currency: CAD
- secured creditorspage: 21 · amount: 100000 · debtor: Sherwood Forest Square Ltd. · creditor: 2838238 Ontario Inc · currency: CAD
- secured creditorspage: 21 · amount: 1000000 · debtor: Sherwood Forest Square Ltd. · creditor: 534452 Ontario Inc · currency: CAD
- secured creditorsnote: 554498 Ontario Inc o/a Nature's Inn is a named Applicant in the receivership; possible related party. · page: 21 · amount: 3000000 · debtor: Sherwood Forest Square Ltd. · creditor: 554498 Ontario Inc · currency: CAD
- secured creditorspage: 21 · amount: 400000 · debtor: Sherwood Forest Square Ltd. · creditor: Al and Mary MacKinnon · currency: CAD
- secured creditorspage: 21 · amount: 1000000 · debtor: Sherwood Forest Square Ltd. · creditor: Aldo and Gabriella Martone · currency: CAD
- secured creditorspage: 21 · amount: 20000 · debtor: Sherwood Forest Square Ltd. · creditor: Alexander Kelly · currency: CAD
- secured creditorspage: 21 · amount: 500000 · debtor: Sherwood Forest Square Ltd. · creditor: Ben & Iva Direnzo · currency: CAD
- secured creditorspage: 21 · amount: 75000 · debtor: Sherwood Forest Square Ltd. · creditor: Bianca Spatola · currency: CAD
- secured creditorspage: 21 · amount: 125000 · debtor: Sherwood Forest Square Ltd. · creditor: Brandan Gill · currency: CAD
- secured creditorspage: 21 · amount: 800000 · debtor: Sherwood Forest Square Ltd. · creditor: Brent and Dorothy McGinnis · currency: CAD
- secured creditorspage: 21 · amount: 435000 · debtor: Sherwood Forest Square Ltd. · creditor: Brola Inc · currency: CAD
- secured creditorspage: 21 · amount: 100000 · debtor: Sherwood Forest Square Ltd. · creditor: Bruce & Cynthia Kropf · currency: CAD
- secured creditorspage: 21 · amount: 100000 · debtor: Sherwood Forest Square Ltd. · creditor: Calvin and Cheryl Dickinson · currency: CAD
- secured creditorsnote: Amount owing unknown; document uses $1 placeholder for unknown amounts owing. · page: 21 · debtor: Sherwood Forest Square Ltd. · creditor: Canadian Imperial Bank of Commerce · currency: CAD
- secured creditorspage: 21 · amount: 13000000 · debtor: Sherwood Forest Square Ltd. · creditor: Cherry Wood Forest Holdings · currency: CAD
- secured creditorspage: 21 · amount: 200000 · debtor: Sherwood Forest Square Ltd. · creditor: Chris Hajt · currency: CAD
- secured creditorspage: 21 · amount: 12000 · debtor: Sherwood Forest Square Ltd. · creditor: CJ Cooper · currency: CAD
- secured creditorspage: 21 · amount: 100000 · debtor: Sherwood Forest Square Ltd. · creditor: Claudio Daniels · currency: CAD
- secured creditorsnote: Amount owing unknown; document uses $1 placeholder for unknown amounts owing. · page: 21 · debtor: Sherwood Forest Square Ltd. · creditor: Computershare Trust Company of Canada c/o MCAP Financial Limited Partnership · currency: CAD
- secured creditorsnote: First of two separate listings for this creditor in the document. · page: 21 · amount: 100000 · debtor: Sherwood Forest Square Ltd. · creditor: Graham Kerr · currency: CAD
- secured creditorsnote: Second of two separate listings for this creditor in the document. · page: 21 · amount: 250000 · debtor: Sherwood Forest Square Ltd. · creditor: Graham Kerr · currency: CAD
- secured creditorspage: 21 · amount: 200000 · debtor: Sherwood Forest Square Ltd. · creditor: Heath Day · currency: CAD
- secured creditorspage: 21 · amount: 300000 · debtor: Sherwood Forest Square Ltd. · creditor: Hermoine Kim · currency: CAD
- secured creditorspage: 21 · amount: 100000 · debtor: Sherwood Forest Square Ltd. · creditor: Jacqueline Cruickshank · currency: CAD
- secured creditorspage: 21 · amount: 100000 · debtor: Sherwood Forest Square Ltd. · creditor: Janet Mulholland · currency: CAD
- secured creditorspage: 21 · amount: 300000 · debtor: Sherwood Forest Square Ltd. · creditor: Darryl Bower · currency: CAD
- secured creditorspage: 21 · amount: 50000 · debtor: Sherwood Forest Square Ltd. · creditor: Jennifer Drewlo · currency: CAD
- secured creditorspage: 21 · amount: 280000 · debtor: Sherwood Forest Square Ltd. · creditor: Joanne Lachance · currency: CAD
- secured creditorspage: 22 · amount: 1550000 · debtor: Sherwood Forest Square Ltd. · creditor: Level 3 Capital Management · currency: CAD
- secured creditorsnote: Second/distinct listing for Kessab Investments as named in the document; Kessab Investments Inc. is a named Applicant, possible related party. · page: 22 · amount: 250000 · debtor: Sherwood Forest Square Ltd. · creditor: Kessab Investments - 2 · currency: CAD
- secured creditorsnote: Amount owing unknown; document uses $1 placeholder for unknown amounts owing. · page: 22 · debtor: Sherwood Forest Square Ltd. · creditor: Kingsett Mortgage Corporation · currency: CAD
- secured creditorspage: 22 · amount: 150000 · debtor: Sherwood Forest Square Ltd. · creditor: Linda MacKillop · currency: CAD
- secured creditorspage: 22 · amount: 100000 · debtor: Sherwood Forest Square Ltd. · creditor: Lucia and Victor Olave · currency: CAD
- secured creditorspage: 22 · amount: 300000 · debtor: Sherwood Forest Square Ltd. · creditor: John & Amanda McGrath · currency: CAD
- secured creditorspage: 22 · amount: 100000 · debtor: Sherwood Forest Square Ltd. · creditor: Luzi & Maggiolo · currency: CAD
- secured creditorspage: 22 · amount: 500000 · debtor: Sherwood Forest Square Ltd. · creditor: Mario Direnzo · currency: CAD
- secured creditorspage: 22 · amount: 200000 · debtor: Sherwood Forest Square Ltd. · creditor: Marsh Construction · currency: CAD
- secured creditorspage: 22 · amount: 350000 · debtor: Sherwood Forest Square Ltd. · creditor: Melissa Direnzo · currency: CAD
- secured creditorspage: 22 · amount: 300000 · debtor: Sherwood Forest Square Ltd. · creditor: Michael & Ladonna Ireland · currency: CAD
- secured creditorspage: 22 · amount: 100000 · debtor: Sherwood Forest Square Ltd. · creditor: Michelangelo Maserollo · currency: CAD
- secured creditorspage: 22 · amount: 250000 · debtor: Sherwood Forest Square Ltd. · creditor: Mike Rafter · currency: CAD
- secured creditorspage: 22 · amount: 100000 · debtor: Sherwood Forest Square Ltd. · creditor: Nikolina Islic and Chad Hayden · currency: CAD
- secured creditorspage: 22 · amount: 130000 · debtor: Sherwood Forest Square Ltd. · creditor: Paul and Linda Brydges · currency: CAD
- secured creditorspage: 22 · amount: 20000 · debtor: Sherwood Forest Square Ltd. · creditor: Raelynn Kelly · currency: CAD
- secured creditorspage: 22 · amount: 1000000 · debtor: Sherwood Forest Square Ltd. · creditor: RKSPM Investments Inc · currency: CAD
- secured creditorspage: 22 · amount: 300000 · debtor: Sherwood Forest Square Ltd. · creditor: Rob Grimer · currency: CAD
- secured creditorspage: 22 · amount: 100000 · debtor: Sherwood Forest Square Ltd. · creditor: Rob McMillan · currency: CAD
- secured creditorspage: 22 · amount: 200000 · debtor: Sherwood Forest Square Ltd. · creditor: Rob Price · currency: CAD
- secured creditorspage: 22 · amount: 100000 · debtor: Sherwood Forest Square Ltd. · creditor: Robert Cianci · currency: CAD
- secured creditorspage: 22 · amount: 100000 · debtor: Sherwood Forest Square Ltd. · creditor: Robert Kerr · currency: CAD
- secured creditorspage: 22 · amount: 300000 · debtor: Sherwood Forest Square Ltd. · creditor: Roussel Holdings · currency: CAD
- secured creditorspage: 22 · amount: 125000 · debtor: Sherwood Forest Square Ltd. · creditor: Ryan Gill · currency: CAD
- secured creditorspage: 22 · amount: 200000 · debtor: Sherwood Forest Square Ltd. · creditor: Sandra Fulton · currency: CAD
- secured creditorspage: 22 · amount: 300000 · debtor: Sherwood Forest Square Ltd. · creditor: Sandra Kerr · currency: CAD
- secured creditorspage: 22 · amount: 390000 · debtor: Sherwood Forest Square Ltd. · creditor: Sonia Direnzo · currency: CAD
- secured creditorspage: 22 · amount: 200000 · debtor: Sherwood Forest Square Ltd. · creditor: Steve Sarmazian · currency: CAD
- secured creditorspage: 22 · amount: 207688 · debtor: Sherwood Forest Square Ltd. · creditor: William Hajt · currency: CAD
- secured creditorsnote: Listed separately from 'Joy Peters 500k' entry below. · page: 22 · amount: 200000 · debtor: Sherwood Forest Square Ltd. · creditor: Joy Peters · currency: CAD
- secured creditorsnote: Distinct listing as named in the document, separate from 'Joy Peters' entry above. · page: 22 · amount: 500000 · debtor: Sherwood Forest Square Ltd. · creditor: Joy Peters 500k · currency: CAD
- secured creditorspage: 22 · amount: 100000 · debtor: Sherwood Forest Square Ltd. · creditor: Joy Shuster · currency: CAD
- secured creditorspage: 22 · amount: 100000 · debtor: Sherwood Forest Square Ltd. · creditor: Julie McDonell Real Estate · currency: CAD
- secured creditorspage: 22 · amount: 100000 · debtor: Sherwood Forest Square Ltd. · creditor: KBC Timber Holdings Inc · currency: CAD
- secured creditorspage: 22 · amount: 50000 · debtor: Sherwood Forest Square Ltd. · creditor: Keith Langlois · currency: CAD
- secured creditorspage: 22 · amount: 300000 · debtor: Sherwood Forest Square Ltd. · creditor: Kelly Wilton Medical · currency: CAD
- secured creditorspage: 22 · amount: 600000 · debtor: Sherwood Forest Square Ltd. · creditor: Kent McDonell · currency: CAD
- secured creditorsnote: Kessab Investments Inc. is a named Applicant in the receivership; possible related party. · page: 22 · amount: 5000000 · debtor: Sherwood Forest Square Ltd. · creditor: Kessab Investments · currency: CAD
- unsecured creditorsnote: Amount owing unknown; document uses $1 placeholder. Class: tax authority claim (potential deemed-trust class). · page: 24 · basis: Receiver's Schedule C - Unsecured Creditors List, as reported · debtor: Sherwood Forest Square Ltd. · creditor: Canada Revenue Agency c/o Department of Justice Ontario Regional Office · currency: CAD
- unsecured creditorsnote: Amount owing unknown; document uses $1 placeholder. Class: tax authority claim (potential deemed-trust class). · page: 24 · basis: Receiver's Schedule C - Unsecured Creditors List, as reported · debtor: Sherwood Forest Square Ltd. · creditor: Ontario Ministry of Finance Revenue Collections Branch - Insolvency Unit · currency: CAD
- unsecured creditorspage: 24 · basis: Receiver's Schedule C - Unsecured Creditors List, as reported · amount: 25923757 · debtor: Sherwood Forest Square Ltd. · creditor: RHH Rental Properties Ltd. · currency: CAD