Ontario · Receivership (court-appointed)
Receivership Order, dated December 18, 2025
Receivership order · 18 December 2025
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing20 verified
- applicantNational Bank of Canada
- applicantNATIONAL BANK OF CANADA
- appointeeErnst & Young Inc.
- appointeeErnst & Young Inc.
- appointee rolereceiver
- commencement date18 December 2025
- courtSUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
- courtOntario Superior Court of Justice (Commercial List)
- court file noCL-25-00753549-0000
- court file noCL-25-00753549-0000
- debtor namesWINGS FREIGHTWAY INC.; I-WAY TRANSPORT INC.; I-WAY LOGISTICS INC.; 2806329 ONTARIO INC.; 10872911 CANADA INC.; 14366085 CANADA INC.; 2863697 ONTARIO INC.
- order date18 December 2025
- provinceONTARIO
- statutory basisSection 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended, and Section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended
- statutory basissection 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- appointee roleReceiver
- stay grantedtrue
- chargesReceiver's Charge; Receiver's Borrowings Charge (500000)
- counselChaitons LLP
- presiding officerJustice Cavanagh