Ontario · Receivership (court-appointed)

First Report of the Receiver dated April 7, 2025

Court officer report · 7 April 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 filing3 verified

operational summaryThe Debtor's used car dealership operations have ceased; the Receiver has secured the premises and inventory, engaged an auctioneer to sell the used vehicle inventory by auction, is pursuing collection of lease payments receivable and lease buyouts, and assigned the Debtor into bankruptcy on March 26, 2025.
report date7 April 2025
report noFirst Report