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Page last updated: May 14, 2018
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 May 14, 2018, PricewaterhouseCoopers Inc., LIT (“PwC”) was appointed as receiver (the “Receiver”), without security, of certain assets, undertakings and property (the “Property”) of Reliable Bookbinders Limited (“BRL” or the “Company”) acquired for, or used in relation to the business carried on by the Company, pursuant to the security agreement between RBL and Business Development Bank of Canada.
In accordance with the provisions of the BIA, a Notice and Statement of the Receiver (the “Receivership Notice”) will be prepared by the Receiver within 10 days of its appointment.