Kridak Business Junction Palmerston Inc. has been in court-appointed receivership since June 11, 2025, when the Ontario Superior Court of Justice appointed BDO Canada Limited as receiver on the application of Libro Credit Union Limited. The appointment was made under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act, and the matter proceeds in Ontario under court file number CV-25-00000073-0000. The receivership remains active.
Order of the Ontario Superior Court of Justice appointed BDO Canada Limited receiver of Kridak Business Junction Palmerston Inc. on Libro Credit Union Limited's application, under BIA s. 243(1) and CJA s. 101.
Source: Appointment Order - June 11 2025
The court granted an interim order on Wednesday, June 11, 2025, the date on which these proceedings commenced under Ontario court file CV-25-00000073-0000.
Source: Appointment Order - June 11 2025
Debtor
Kridak Business Junction Palmerston Inc.
Receiver
BDO
| Date | Document | File |
|---|---|---|
Appointment Order - June 11 2025
| 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., “Kridak Business Junction Palmerston Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/kridak-business-junction-palmerston-inc
Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/kridak-business-junction-palmerston-inc
Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.