On May 2, 2025, by order of the Ontario Superior Court of Justice (Commercial List) (the “Appointment Order”), pursuant to subsection37 of the Mortgage Brokerages, Lenders and Administrators Act, 2006, S.O. 2006, c.29, as amended (the “MBLA”) and section.101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended (the “CJA”), B. Riley Farber Inc. was appointed as receiver (the “Receiver”) without security of all the assets, undertakings and properties of Sussman Mortgage Funding Inc., 2486976 Ontario Inc. and 1981361 Ontario Inc. (collectively, the “Debtors”) acquired for, or used in relation to, businesses carried on by the Debtors, including all proceeds thereof (the “Property”).
A copy of the Receivership Order can be found below.
Inquiries
For inquiries, please contact:
Emily Klein
Senior Manager | Restructuring
T: 437.294.4663
E: [email protected]
The case updates and court filed documents on this website are for information purposes only and you should consult your financial or legal adviser if you have any questions or concerns about your rights or obligations. Additional updates on the status of these proceedings may become available in the future.
Documents
Motion Materials
Receivership Application – Returnable May 2, 2025
• Application Record – April 11, 2025
• Responding Application Record – April 23, 2025
• Affidavit of Amy Casella – April 25, 2025
• Factum of the Applicant – April 25, 2025
• Aide Memoire of the Applicant – May 1, 2025
Mareva Injunction Motion – Returnable May 2, 2025
• Notice of Motion – April 6, 2025
• Aide Memoire of the Plaintiffs – April 15, 2025
• Aide Memoire of the Plaintiffs – May 2, 2025
Representative Counsel Motion – Returnable May 16, 2025
• Motion Record of Aird & Berlis – April 29, 2025
• Supplementary Affidavit of Harley Zaretsky – May 1, 2025
• Factum of the Proposed Representative Investors – May 1, 2025
• Motion Record of Palaire Roland Rosenberg Rothstein LLP – May 9, 2025
• Responding Motion Record of the Goldfarb Investors – May 12, 2025
• Factum of the Goldfarb Investors – May 15, 2025
• Memorandum of Law and Argument of the Proposed Representative Counsel, Paliare Roland Rosenberg Rothstein LLP – May 15, 2025
• Supplemental Affidavit of Dannallyn Salita – May 15, 2025
• Supplementary Factum of the Proposed Representative Counsel – May 15, 2025
• Supplementary Motion Record of the Proposed Representative Counsel – May 15, 2025
• Affidavit of Beatrice Loschiavo – May 15, 2025
Case Conference – June 25, 2025
• Aide Memoire of Alliance Homes – June 24, 2025
• Motion Record – June 25, 2025
• Aide Memoire of M. Stein – June 26, 2025
Court Orders & Endorsements
• Endorsement of Justice J. Dietrich – April 15, 2025
• Receivership Appointment Order – May 2, 2025
• Mareva Order – May 2, 2025
• Endorsement of Justice J. Dietrich – May 2, 2025
• Endorsement of Justice J. Dietrich – May 13, 2025
• Endorsement re Representative Counsel Order – May 20, 2025
• Representative Counsel Order of Justice J. Dietrich – May 20, 2025
Receivership Documents
Notice and Statements of the Receiver:
• Notice and Statement of Receiver – 1981361 Ontario Inc. – May 12, 2025
• Notice and Statement of Receiver – 2486976 Ontario Inc. – May 12, 2025
• Notice and Statement of Receiver – Sussman Mortgage Funding Inc. – May 12, 2025
Receiver Reports:
• First Report of the Receiver – June 2, 2025
• Supplementary Report of the Receiver – June 24, 2025
Creditor Notices
• Notice to Investors on Representative Counsel Motion – May 20, 2025
Service List
• Service List – June 25, 2025 (Word)
• Service List – June 25, 2025 (Pdf)