Engagement:

1725859 ONTARIO INC., 1941275 ONTARIO LTD., and 1941276 ONTARIO INC.

Real Estate

On November 1, 2021, msi Spergel inc. was appointed as receiver (in such capacity, the "Receiver") of all of the properties, undertaking and assets of 1725859 Ontario Inc. ("859"), 1941275 Ontario Ltd.("275"), and 1941276 Ontario Inc. ("276", collectively the "Companies") pursuant to an Order of the Honourable Mr. Justice Cavanagh of the Ontario Superior Court of Justice (Commercial List). The Receiver was appointed on application of the Companies primary secured creditor Duca Financial Services Credit Union Ltd. The primary assets of the Companies are real properties as follows:

  1. 859 owns real property located at 629 King Street West, Suite 217, Toronto ON
  2. 275 owns real property located at 3 Glenmanor Drive, Brampton ON
  3. 276 owns real property located at 50 Queen Street East, Brampton ON

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