Directions East Retail Ltd.-Proposal

Proceeding: NOIsection 50.4(9) of the Bankruptcy and Insolvency Act
Court: Ontario Superior Court of Justice
File: 31-2685279
Industry: Retail · Apparel, footwear & jewellery retail

Filings held5

Last activity7 Jun 2021

On the record2,197 days

OverviewSummary updated 1 September 2026

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.

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Case updates4 dated entries · 1 undated

7 Jun 2021

#Order

Court order approving proposal — Plan sanction / final order

PDF · Subscribers

23 Nov 2020

#Order

Order extending time for filing a proposal was filed. Court file 31-2685279.

Source: Order extending time for filing a proposal

18 Nov 2020

#Filing

Motion record - Extension for filing proposal was filed. Court file 31-2685279.

Source: Motion record - Extension for filing proposal

30 Oct 2020

#Filing

Directions East Retail Ltd. made its section 50.4(1) filing on October 30, 2020, following RBC's August 2020 demand letters, with Rosen Goldberg Inc. as licensed insolvency trustee.

Source: Notice of Intention to Make a Proposal

Undated filings1 — no date appears on the document · show

—

Filing

Proposal — Proposal filed

PDF · Subscribers

Parties

Debtor

Directions East Retail Ltd.-Proposal

Proposal trustee

Rosen Goldberg

Bench and counselPer the orders and service lists on the record

Bench

Judge	Court	On this docket	Cases on record
Associate Judge Jean	Ontario Superior Court of Justice	1 order, Nov 2020	23 cases on record

Counsel of record

Party	Counsel	First seen	Source
Proposal trusteeRosen Goldberg	Fogler, Rubinoff LLP	18 Nov 2020	Application · 18 Nov 2020

Capital structureAs asserted in the filings

Priority class	Creditor	Amount	Source
Secured	Royal Bank of Canada · in 584 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.

Documents5 filings

Date	Document	File
7 Jun 2021	Court order approving proposal	PDF · Subscribers

19 Nov 2020	Order extending time for filing a proposal Applicant Rosen Goldberg Inc. Appointee Rosen Goldberg Inc. Appointee role Proposal Trustee Commencement date 23 November 2020 + 6 more extracted facts	PDF · Subscribers

18 Nov 2020	Motion record - Extension for filing proposal Applicant Directions Estate Retails Ltd. Commencement date 18 November 2020 Counsel Fogler, Rubinoff LLP Court SUPERIOR COURT OF JUSTICE + 7 more extracted facts	PDF · Subscribers

2 Nov 2020	Notice of Intention to Make a Proposal Appointee Rosen Goldberg Inc. Appointee role Licensed Insolvency Trustee Commencement date 30 October 2020 Court file no 31-2685279 + 2 more extracted facts	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 5 November 2026, https://proceedings.ca/case/directions-east-retail-ltd-proposal

Key facts