The request for a court-appointed administrator was argued before Justice Steele on Wednesday, October 14, 2026. LDDC filed it for a group of owners under section 131 of the Condominium Act, which allows a court to appoint an administrator to run a condo corporation. The motion's central claim is that nobody currently has legal authority to manage the affected corporations.
What the draft order would do
- Put Brian Antman in place of each board, with power to set budgets and collect condo fees, including through special assessments (paras. 3 and 4).
- Disband the existing boards until the court says otherwise (para. 5).
- Have owners in each corporation elect a "shadow board" within 90 days (para. 8).
- Have the administrator then tell the court whether each building can govern itself again (para. 9).
What is a shadow board?
Think of it as a board in training. Owners elect it, but it cannot make decisions. It meets the administrator regularly and learns the building's records, contracts and finances, so a prepared board is ready when the administrator steps away.
The price tag
- $375 an hour for the administrator, billed monthly to each corporation, plus reasonable expenses. Work that serves several buildings is divided among them.
- Each corporation would refund the legal fees paid by owner-group members in that building (para. 14).
- The corporations would keep the right to recover those costs from others (para. 15).
How the request changed in 24 hours
- Fewer clients. SIREG's October 13 notice prompted some owners to leave LDDC and others to join. The group went from about 827 units in 41 corporations to about 718 units in 39.
- Opposition. Owners or lawyers in 13 corporations told LDDC they will oppose an administrator but have not had time to file evidence.
- A smaller first step. LDDC offered to proceed for now only where it has at least one client and no owner objects.
Where does my building stand?
These groupings reflect the motion on October 14, taken from the court filings. Look for your corporation's name on your status certificate or condo paperwork.
Since then: the order signed October 16 covers 24 corporations (Nipissing Standard Condominium Corporation Nos. 47 and 48 were not included). On October 22, Niagara South Standard Condominium Corporation No. 145 and Nipissing Standard Condominium Corporation Nos. 47 and 48 were added, for 27.
Group A: no opposition reported (26 corporations)
Brant Standard Condominium Corporation No. 105; Lambton Condominium Corporation Nos. 12, 13 and 40; Leeds Standard Condominium Corporation No. 48; Middlesex Condominium Corporation Nos. 353 and 357; Middlesex Standard Condominium Corporation Nos. 505, 506, 507 and 508; Niagara North Condominium Corporation No. 142; Nipissing Standard Condominium Corporation Nos. 47, 48, 49 and 54; Oxford Standard Condominium Corporation Nos. 115, 129 and 130; Perth Standard Condominium Corporation Nos. 36, 38 and 41; Waterloo Standard Condominium Corporation Nos. 397, 418 and 515; Wentworth Standard Condominium Corporation No. 435.
Group B: opposition expected (13 corporations)
Essex Standard Condominium Corporation No. 168; Lambton Condominium Corporation No. 11; Middlesex Standard Condominium Corporation Nos. 601 and 602; Niagara South Standard Condominium Corporation No. 145; Nipissing Standard Condominium Corporation Nos. 50, 51, 52 and 53; Oxford Standard Condominium Corporation Nos. 116 and 117; Perth Standard Condominium Corporation No. 43; Waterloo Standard Condominium Corporation No. 576.
Under the smaller first step, these would wait while owners there file evidence.
Group C: LDDC lost its clients after October 13 (2 corporations)
Kent Standard Condominium Corporation No. 24 and Middlesex Condominium Corporation No. 142.
Group D: never part of the motion (2 corporations)
Kent Standard Condominium Corporation Nos. 38 and 39, where LDDC has no clients.
Groups B, C and D would get no administrator unless the court hears more evidence.
Dates on the calendar
- October 15, 10 a.m.: extra evidence reviewed; possible order for Group A.
- October 16: the trustee planned an urgent motion to put the SIREG companies into bankruptcy and warned that money for operations and staff would be gone around then.
- October 20, 11 a.m.: the trustee's two-hour urgent motion.
- October 22: building insurance for 756 and 758 Kipps Lane in London runs out, according to an affidavit filed by Firm Capital.
Two more warnings from the courtroom
- The trustee's lawyer said SIREG is effectively out of cash. Once it shuts down, no staff will be left to help find records.
- HMT Holdings, another mortgage lender, said it would seek an urgent receivership over other SIREG properties that week. (In a receivership, a court-appointed receiver takes control of property so a lender can be repaid.)
What you can do
- Find your corporation in the groups above.
- Read the filings on the trustee's case website.
- Talk to your own lawyer, especially if your building is in Group B, C or D, or if you plan to call an owners' meeting.
The court documents
- Motion Record of the Unit Owners, Oct 13, 2026 (notice of motion, Antman affidavit, draft order, Appendix 1)
- Factum of the Unit Owners, Oct 13, 2026
- Aide Memoire of the Unit Owners, Oct 14, 2026
- Supplementary Aide Memoire of the Unit Owners, Oct 14, 2026
- Aide Memoire of the Proposal Trustee, Oct 13, 2026 (includes SIREG's October 13 notice)
- Endorsement of Justice Steele, Oct 8, 2026
- Joint Aide Memoire of the SIREG companies and the Proposal Trustee, Oct 7, 2026
- Motion Record of Firm Capital Mortgage Fund Inc., Oct 7, 2026
- Order of Justice Steele appointing the administrator (signed October 16, 2026)
- All filings: the trustee's case website