LogoInsolvency Insider Canada
TOPICS
TOPICS

Assets for sale

Commercial List Users' Committee

Court cases

Creditor notices

Events

Firm News

Insights

Interviews

Open Positions

Recent filings

FILING DATABASE
DOCUMENT LIBRARY
AWARDS
EVENTS
DIRECTORY
Search
SUBSCRIBE
paper-plane-tilt
LogoInsolvency Insider Canada
  • Home
  • Posts
  • 1725859 Ontario Inc.

1725859 Ontario Inc.

Oct 31, 2021

1725859 Ontario Inc., 1941275 Ontario Ltd., and 1941276 Ontario Inc., which own a condominium unit in Toronto, a residential property in Brampton and a commercial property in Brampton, respectively, had a receiver appointed on November 1, on application by DUCA Financial Services Credit Union Ltd. DUCA brought the receivership application as a result of various defaults in the companies' obligations to DUCA, including that the companies have granted subsequent charges over the properties without the knowledge or consent of DUCA, and another creditor has commenced enforcement proceedings in relation to one of the properties. Spergel (GRIP) was appointed receiver. Counsel is Harrison Pensa for the applicant and Aird & Berlis for the receiver.

Canada’s insolvency news, in your inbox.

Join 15,000+ readers.

Keep Reading

View more
caret-right

UPCOMING EVENTS

Distressed Private Capital Conference - November 12, 2026

Distressed Private Capital Conference - November 12, 2026

Future Leaders Conference 2026

Future Leaders Conference 2026

Distressed Real Estate Conference - October 21, 2026

Distressed Real Estate Conference - October 21, 2026

LATEST STORIES

Bill C-39 May Narrow WEPPA Access in Reverse Vesting Orders

Bill C-39 May Narrow WEPPA Access in Reverse Vesting Orders

Initiating, influencing and supporting insolvency proceedings: lessons from recent Québec cases

Initiating, influencing and supporting insolvency proceedings: lessons from recent Québec cases

Ontario Court of Appeal Limits Lien Priority Over Building Mortgages to Actual Holdback Deficiencies

Ontario Court of Appeal Limits Lien Priority Over Building Mortgages to Actual Holdback Deficiencies

Law society fails to police members amid rampant real estate fraud allegations

Law society fails to police members amid rampant real estate fraud allegations

Insolvency Insider Canada

Insolvency Insider Canada

Essential Canadian insolvency news, trends and legal updates

EXPLORE

About Us / Contact

Advertise