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Update, Wednesday Oct 14: Today’s court hearing on an administrator

October 14, 2026 · Condominium Owners Network

Today Justice Steele heard the motion to appoint a temporary administrator for certain condo buildings SIREG used to manage.

What the motion asked for

LDDC brought the motion for a group of owners under section 131 of the Condominium Act. Its submissions state that there is no one in charge right now: “There is presently no person or group of people with any lawful authority to manage the affairs of any of the Affected Condo Corps.” (Notice of Motion, Oct 13, 2026)

The draft order asked the court to:

• Give Brian Antman the full powers of each board. He would be “vested with all of the powers, objects and duties of the respective boards of directors”, including setting a budget and the power to “collect common expenses from each unit owner, whether by monthly installments, special assessments or both;” (Draft Order, paras. 3 and 4, Motion Record, Oct 13, 2026)
• Disband the boards. “the respective boards of directors of each of the Subject Condo Corps be and are hereby disbanded until further order.” (Draft Order, para. 5)
• Hold owner meetings within 90 days to elect a “shadow” board for each condo. “Once elected, each Shadow Board shall have no independent decision-making authority” (Draft Order, para. 8). The administrator would then report to the court on whether each condo is ready to govern itself again (para. 9).

What a shadow board would do

Under the draft order, the administrator would call owner meetings in each corporation “as soon as is reasonably possible and in any event within ninety (90) days” to elect a shadow board. Each shadow board “shall have no independent decision-making authority, but shall meet regularly with the Administrator for the purpose of becoming familiar with the operations of the respective Subject Condo Corps in order to facilitate the eventual transition of each of the Subject Condo Corps back to self-governance.” (Draft Order, para. 8)

Once the shadow boards are elected, the administrator would report to the court on whether each corporation “is ready to transition back to self-governance such that the Administrator can be discharged.” (para. 9) Mr. Antman’s plan ends with a phase to prepare for “the eventual proper governance by the elected board.” (Antman Affidavit, Exhibit “B”)

How this helps owners, in our view:

• Owners have elected representatives at the table from the start.
• They learn the building’s records, finances and contracts alongside the administrator.
• When control is handed back, there is a board ready to take over, with history and continuity, instead of a new board starting with no records.
• Regular meetings give owners a way to keep an eye on the administrator’s work.

Costs

• Administrator’s fees: $375 an hour, billed to each corporation. “I propose to bill the Affected Condo Corps on a monthly basis for my time spent, at an hourly rate of $375.00, plus reimbursement for reasonable out-of-pocket expenses.” Time on shared tasks “would be split across those Affected Condo Corps.” (Antman Affidavit, Oct 12, 2026, para. 11)
• Repayment of the Owner Group’s legal fees. The administrator would “cause the respective Subject Condo Corps to reimburse the members of the Owner Group owning units in those Subject Condo Corps for such fees and disbursements.” (Draft Order, para. 14)
• The corporations could try to recover these amounts from someone else (para. 15).

What changed overnight

• Fewer owners, fewer buildings. At yesterday’s hearing, LDDC acted for owners of about 827 units in 41 corporations. After SIREG’s Oct 13 notice, some owners ended their retainer and others signed up. As of today, LDDC says its group “owns a total of approximately 718 units across 39 of the Affected Condo Corps.” (Aide Memoire of the Unit Owners, Oct 14, 2026, para. 5)
• Some owners oppose. LDDC told the court that owners or their lawyers intend to oppose an administrator in 13 corporations (see list below). It said those owners “have not had an opportunity to prepare or submit responding materials” (Supplementary Aide Memoire of the Unit Owners, Oct 14, 2026, para. 3).
• A narrower administrator option. If the court gave the opposing owners time to respond, LDDC said it “is content to proceed today with only those Affected Condo Corps for which LDDC represents at least one unit owner and for which no other unit owner has indicated that they oppose the appointment of the administrator.” (same document, para. 4)

What it means for your building

Find your corporation below. The lists come from the court filings. Your corporation’s name is on your status certificate or condo documents.

Group A: In the motion, with no opposition reported (26 corporations)

These are in Appendix “1” and are not on LDDC’s opposition list or its withdrawn list. If the court makes an order for this group, the administrator would immediately take over the boards’ powers for these corporations, on the terms the court approves.

Brant Standard Condominium Corporation No. 105; Lambton Condominium Corporation No. 12; Lambton Condominium Corporation No. 13; Lambton Condominium Corporation No. 40; Leeds Standard Condominium Corporation No. 48; Middlesex Condominium Corporation No. 353; Middlesex Condominium Corporation No. 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: In the motion, where owners intend to oppose (13 corporations)

As listed in the Supplementary Aide Memoire of the Unit Owners (Oct 14, 2026), para. 2:

• Essex Standard Condominium Corporation No. 168
• Lambton Condominium Corporation No. 11
• Middlesex Standard Condominium Corporation No. 601
• Middlesex Standard Condominium Corporation No. 602
• Niagara South Standard Condominium Corporation No. 145
• Nipissing Standard Condominium Corporation No. 50
• Nipissing Standard Condominium Corporation No. 51
• Nipissing Standard Condominium Corporation No. 52
• Nipissing Standard Condominium Corporation No. 53
• Oxford Standard Condominium Corporation No. 116
• Oxford Standard Condominium Corporation No. 117
• Perth Standard Condominium Corporation No. 43
• Waterloo Standard Condominium Corporation No. 576

Under LDDC’s narrower option, these would be left out for now so owners there can file their own evidence.

Group C: Dropped from the motion after the Oct 13 notice (2 corporations)

“LDDC no longer represents any unit owners in Kent Standard Condominium Corporation No. 24 or Middlesex Condominium Corporation No. 142.” (Aide Memoire of the Unit Owners, Oct 14, 2026, para. 5). With no LDDC clients there, these two fall outside the narrower option.

Group D: Never in the motion (2 corporations)

“LDDC does not represent any unit owners in Kent Standard Condominium Corporation No. 38 or Kent Standard Condominium Corporation No. 39” (same document, para. 5). Neither is listed in Appendix “1”.

For owners in Groups B, C and D, the motion would not put an administrator in place until the court hears further evidence.

Key dates

• Thursday, Oct 15 at 10 AM: the court will review the additional evidence requested from LDDC and others and consider granting the order to appoint an administrator for Group A corporations.
• Friday, Oct 16: the trustee said it “will be requesting that an urgent motion be scheduled for Friday, October 16, 2026, wherein the NOI Applicants will seek relief to enable the assignment of the NOI Applicants into bankruptcy and, potentially, relief from Condominium Bylaw Restrictions.” It also said “there will be inadequate funding for operations or employment beyond on or around this date” (Proposal Trustee’s Aide Memoire, Oct 13, 2026, para. 9). We have not seen confirmation that Oct 16 was booked.
• Tuesday, Oct 20 at 11 AM: “The Proposal Trustee’s urgent motion is scheduled for October 20, 2026, at 11 am (2 hours).” (Endorsement of Justice Steele, Oct 8, 2026, para. 7)
• Thursday, Oct 22: the condo corporation insurance policy for 756 and 758 Kipps Lane, London “expires October 22, 2026” (Affidavit of Forrest Todd, para. 14(v), in Firm Capital’s motion record, Oct 7, 2026).

Other considerations

• SIREG is nearly out of money. At today’s hearing, counsel for the Proposal Trustee said SIREG is effectively out of money and is looking to bring an urgent bankruptcy motion on Friday. This means SIREG will stop operating, will most likely have no money left to pay staff and support functions, and will not be able to provide easy access to records. This supports the case for a court-appointed officer with special powers to step in to preserve and access records.
• Another lender is seeking a receivership. At today’s hearing, HMT Holdings, another mortgagee, said it intends to bring an urgent receivership application for other SIREG properties before the end of the week.

What owners can do now

• Check which group your corporation is in (lists above).
• Read the filings yourself. All documents are on the trustee’s case website.
• Get your own advice. Owners may wish to speak with their own lawyer, especially owners in Group B, C and D corporations, or anyone thinking about calling an owners’ meeting.

The filings

• 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 Oct 13 notice as Schedule “B”)
• Endorsement of Justice Steele, Oct 8, 2026
• Joint Aide Memoire of the NOI Applicants and Proposal Trustee, Oct 7, 2026
• Motion Record of Firm Capital Mortgage Fund Inc., Oct 7, 2026

We’ll share more as it becomes available.

This is general information only, not legal advice. Questions? Email owners@condoownersnetwork.com.