Manitoba · Receivership (court-appointed)
This Court orders that pursuant to s.243(1) of the BIA and s.55 of the QBA, Ernst & Young Inc. is hereby appointed Receiver, without security, of all of the current and future assets, undertakings and properties of the Debtors, wheresoever situate, acquired for, or used in relation to a business carried on by the Debtors, including all proceeds thereof (the "Property")
Receivership order · 27 August 2014
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 filing8 verified
- courtTHE QUEEN'S BENCH
- court file noCI 14-01-90850
- applicantROYAL BANK OF CANADA
- appointee rolereceiver and manager
- commencement date27 August 2014
- appointeeErnst & Young Inc.
- statutory basiss.243(1) of the Bankruptcy and Insolvency Act and s.55 of The Court of Queen's Bench Act
- counselThompson Dorfman Sweatman LLP