Gyroscopic Inc.
Follow- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
- File
- CV-24-00715091-00CL
Gyroscopic Inc. was placed into a court-appointed receivership on February 16, 2024, in the Ontario Superior Court of Justice at Toronto's Commercial List, under court file number CV-24-00715091-00CL. The appointment rests on section 243 of the Bankruptcy and Insolvency Act together with the provincial Judicature Act jurisdiction ordinarily invoked alongside it. The proceeding is Ontario-based and is now closed.
13 earlier updates, back to 16 February 2024 — subscribers.
Debtor
Gyroscopic Inc.
Receiver
Baigel Corp.
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Cavanagh | Ontario Superior Court of Justice | 1 order, May 2024 | 288 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Applicant | Torkin Manes LLP | 26 Feb 2024 | Order · 26 Feb 2024 |
Closed · the record states no distribution outcome.
| Date | Document | File |
|---|---|---|
Ancillary Relief and Discharge Order
| PDF · Subscribers | |
| Approval and Vesting Order | PDF · Subscribers | |
| Factum – Receiver | PDF · Subscribers | |
| Motion Record – Receiver | PDF · Subscribers | |
Counsel Slip and Endorsement of Justice Conway
| PDF · Subscribers | |
| Opportunity Teaser – Gyroscopic Inc. | PDF · Subscribers | |
Receivership Order
| PDF · Subscribers | |
| Sale Process and Stalking Horse Approval Order | PDF · Subscribers | |
| Abbreviated Book of Authorities – Applicant | PDF · Subscribers | |
| Factum – Applicant | PDF · Subscribers | |
Application Record – Applicant
| PDF · Subscribers | |
| Pre-Filing Report of the Proposed Receiver – Receiver | PDF · Subscribers | |
| Service List | PDF · Subscribers | |
| Certificate of Appointment | PDF · Subscribers | |
| Notice of Bankruptcy and Creditor Package | PDF · Subscribers | |
| Sale Process Memorandum | 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., “Gyroscopic Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/gyroscopic-inc