Ontario · Receivership (court-appointed)
Order Appointing Receiver dated April 17, 2026
Receivership order · 17 April 2026
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 filing13 verified
- applicantCortland Credit Lending Corporation
- appointeeKSV Restructuring Inc.
- appointee rolereceiver and manager
- commencement date17 April 2026
- courtOntario Superior Court of Justice (Commercial List)
- courtSUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
- court file noCL-26-00000142-0000
- debtor namesSEQUENT AI LTD.; SEQUENT AI EXCHANGECO LTD.; FULCRUM STONEWORKS EXCHANGECO LTD.
- order date17 April 2026
- provinceONTARIO
- statutory basisSection 243(1) of the Bankruptcy and Insolvency Act, RSC 1985, c B-3, and section 101 of the Courts of Justice Act, RSO 1990, c C.43
- statutory basissection 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- counselDentons Canada LLP