Page last updated: March 4, 2020
This page is for information purposes only and you should consult your professional adviser if you have any questions or are uncertain as to your rights or obligations.
On December 21, 2018 (the “Date of Appointment”), on the application of The Toronto-Dominion Bank (the "Applicant"), an Order was granted by the Ontario Superior Court of Justice (Commercial List) (the “Court”), pursuant to section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended (the “BIA”) and section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended (the “CJA”) appointing PricewaterhouseCoopers Inc., LIT (“PwC”) as receiver (in such capacity, the “Receiver”) without security, of all of the assets, undertakings and properties of 2423403 Ontario Inc. (the “Company”).
On January 2, 2019 a Notice and Statement of the Receiver was sent to all known creditors of the Company in accordance with the provisions of the BIA. A copy of the notice is available in the Notices section of the website.
On December 3, 2019, the Court issued the Approval and Discharge Order, which among other things:
On November 26, 2019, the Receiver filed its First Report (the “First Report”) with the Court to provide the Court with the information concerning:
All terms not defined herein have meanings given to them in the First Report.
For more information, please contact: Natalia Chtcherbakova, Telephone: +1 416 941 8383, or via email at email@example.com
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