Sherwood Forest Square Ltd.

On May 20, 2025, BDO Canada Limited (“BDO”) was appointed by the Ontario Superior Court of Justice (Commercial List) as Receiver over all of the assets, undertakings, and properties of Sherwood Forest Square Ltd. (“Sherwood”).

On May 30, 2025, SF Square GP Corp. (“Square GP”) filed for bankruptcy and BDO was appointed as Trustee in bankruptcy. Sherwood is the 100% owner of Square GP.

On June 18, 2025, RHH Rental Properties Ltd. (“RHH”) filed for bankruptcy and BDO was appointed as Trustee in bankruptcy. Documents relating to the bankruptcy of RHH can be found at: https://www.bdo.ca/services/financial-advisory-services/business-restructuring-turnaround-services/current-engagements/rhh-rental-properties

On July 7, 2025, Deloitte Restructuring Inc. (the “Trustee”) was substituted in place of the Former Trustee at the first meeting of creditors. Information on the proceedings can be found below: 

RHH Rental Properties Ltd

Receivership of Sherwood

Court Orders:

Receivership Order dated May 20th, 2025

Affidavit of Damien Lowry affirmed October 5, 2026

Application Materials:

Application Record dated April 25th, 2025

Notices and Other Documents:

Notice and Statement of the Receiver dated May 30th, 2025

Bankruptcy of Square GP

1. Trustee’s Reports

   First Report of the Trustee SF Square GP Corp June 19, 2025

   Supplement to the First Report of the Trustee SF Square GP Corp July 2, 2025

2. Court Proceedings

   Motion Record - Trustee - BDO Canada Ltd - 2025

   Judge's Decision dated July 16, 2025

   Notice of Motion – Directions re Third Party Transfer

   Notice of Motion - Directions re Direction to Pay and Third Party Transfers

   Endorsement of Justice AJ Kettle - November 17, 2025

   Motion Record of the Trustee - Directions re Third Party Transfer December 9, 2025

   Motion Record of the Trustee - Order for Direction to Pay December 16, 2025

   Responding Motion Record of Level 3 Capital Management Inc et.al. dated February 4, 2026 (Direction to Pay)

   Responding Motion Record of 1000931276 Ontario Inc. dated February 10, 2026 (Third Party Transfer)

   Reply Record of the Trustee dated February 25, 2026 (Direction to Pay)

   Reply Record of the Trustee dated March 6, 2026 (Third Party Transfer)

   Affidavit of Damien Lowry affirmed October 5, 2026

3. Statutory Documents

   Certificate of appointment for SF Square GP Corp.

   POC and Proxy

4. Updates

   25-11-07 SF Square Update

   26-04-20 Square Update

   26-04-20 Stakeholder Questions and Answers

5. FAQ

   Frequently Asked Questions

Contact

BDO Canada Limited

20 Wellington Street East, Suite 500

Toronto, ON  M5E 1C5 Canada

Peter Crawley -

[email protected]