2012241 Ontario Limited (o/a Sunny Meadow Centre) |
May 10, 2012 – By Order of the Ontario Superior Court of Justice (Commercial List) (the “Court”) dated May 10, 2012, Deloitte & Touche Inc. was appointed as the receiver (the “Receiver”) of all of the assets, undertakings and properties of 2012241 Ontario Limited (the “Debtor”) acquired for, or used in relation to the business carried on by the Debtor, including but not limited to the municipal property known as 50 Sunny Meadow Circle in Brampton, Ontario (the"Property").
August 30, 2012 – By Order dated August 30, 2012, the Court granted the Receiver’s motion with respect to its proposed process of marketing and sale.
January 7, 2013 – By Order dated January 7, 2013, the Court granted the Receiver’s motion with respect to, among other things, the sale of the Property.
There will be a significant shortfall to the primary secured lender on its advances to the Debtor, and accordingly, the Receiver is of the view that there will be no funds available for distribution to the other creditors of the Debtor.
Should you have any questions or require further information, please contact us at:
Deloitte & Touche Inc.
Receiver of 2012241 Ontario Limited
181 Bay Street, Suite 1400
Toronto, Ontario M5J 2V1
Mr. Stefano Damiani
416-874-4404
SunnyMeadow@deloitte.ca
Court Documents
Court Orders
Receivership Order - May 10, 2012
Amended and Restated Receivership Order - May 10, 2012
Marketing Order - August 30, 2012
Endorsement - August 30, 2012
Approval, Vesting and Distribution Order - January 7, 2013
Endorsement - January 7, 2013
Motion Records
Motion Record - Returnable May 10, 2012
Motion Record - Returnable July 12, 2012 – Receiver’s First Report to Court (excluding Appendix “E”)
Motion Record - Returnable July 12, 2012 - Appendix E - Volume 1 of 3
Motion Record - Returnable July 12, 2012 - Appendix E - Volume 2 of 3
Motion Record - Returnable July 12, 2012 - Appendix E - Volume 3 of 3
Motion Record - Returnable January 7, 2013 – Part 1 of 5 (Motion, Second Report, Appendix “A”)
Motion Record - Returnable January 7, 2013 – Part 2 of 5 (Appendices “B” to “I”)
Motion Record - Returnable January 7, 2013 – Part 3 of 5 (Appendices “J” to “M”)
Motion Record - Returnable January 7, 2013 – Part 4 of 5 (Appendices “N” to “P”)
Motion Record - Returnable January 7, 2013 – Part 5 of 5 (Appendices “Q” to “U”)
Receiver's Reports to Court
First Report to Court (Excluding Appendix "E") - Dated June 18, 2012
Appendix E - Volume 1 of 3
Appendix E - Volume 2 of 3
Appendix E - Volume 3 of 3
First Supplement to the First Report to Court
Second Supplement to the First Report to Court
Second Report to Court (Excluding Appendices) – Dated December 14, 2012
