Directions East Retail Ltd.-Proposal
Follow- Proceeding
- NOIsection 50.4(9) of the Bankruptcy and Insolvency Act
- File
- 31-2685279
Directions East Retail Ltd. has been in insolvency proceedings in Ontario since October 30, 2020, when it made a filing under section 50.4(1) of the Bankruptcy and Insolvency Act with Rosen Goldberg Inc. as licensed insolvency trustee, under file number 31-2685279. Royal Bank of Canada had been the company's banker since 1972. The company reached its credit limit by July 2020, and in August 2020 RBC issued demand letters together with a notice of intention to enforce security. The proceeding is active.
1 earlier update, back to 30 October 2020 — subscribers.
Undated filings1 — no date appears on the document · show
1 filings carry no date on their face — subscribers.
Debtor
Directions East Retail Ltd.-Proposal
Proposal trustee
Rosen Goldberg
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Proposal trusteeRosen Goldberg | Fogler, Rubinoff LLP | 18 Nov 2020 | Application · 18 Nov 2020 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Royal Bank of Canada · in 556 casesRBC is the Company's banker since 1972; company reached credit limit by July 2020, and in August 2020 RBC issued demand letters together with a Notice of Intention to Enforce Security. No balance stated. — debtor: Directions East Retail Ltd. | — | Motion record - Extension for filing proposal |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
| Date | Document | File |
|---|---|---|
| Court order approving proposal | PDF · Subscribers | |
Order extending time for filing a proposal
| PDF · Subscribers | |
Motion record - Extension for filing proposal
| PDF · Subscribers | |
Notice of Intention to Make a Proposal
| PDF · Subscribers | |
| Proposal | PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “Directions East Retail Ltd.-Proposal” (NOI), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/directions-east-retail-ltd-proposal