Ontario · Receivership (court-appointed)
Eleventh Report of the Receiver
Court officer report · 1 June 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 filing9 verified
- court file noCV-23-00710413-00CL
- courtSUPERIOR COURT OF JUSTICE
- provinceONTARIO
- commencement date22 December 2023
- cash on handnote: Ending cash balance per the Receiver's receipts and disbursements statement for the period December 1, 2025 to April 30, 2026, after net cash flows and FX gains/losses. · as at: 2026-04-30 · amount: 504505 · currency: CAD
- operational summaryThe Receiver continues to wind down the Debtors' estate, collecting HST/GST refunds and paying operating costs for technology, cloud hosting and storage of records, while advancing litigation and a partial settlement in principle of the Trade X and Secured Lenders' claims.
- professional feesnote: Also reported for the same period: Legal fees/disbursements of $157,015 and Professional Fees (forensics/cloud hosting) of $105,301. · party: FTI Consulting Canada Inc. (Receiver) · amount: 48059 · period: December 1, 2025 to April 30, 2026 · currency: CAD
- report date1 June 2026
- report noEleventh Interim Report