Newfoundland and Labrador · Receivership (court-appointed)
Draft Receivership Order
Receivership order · 13 January 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 filing17 verified
- applicantBank of Montreal
- applicantBank of Montreal
- appointeeErnst & Young Inc
- appointeeErnst & Young Inc.
- commencement date21 January 2026
- courtSupreme Court of Newfoundland and Labrador
- courtIN THE SUPREME COURT OF NEWFOUNDLAND AND LABRADOR
- court file no2025 01G 0889
- court file no2025 01G 0889
- debtor namesInnovative Capital Investments Inc.; Dominion Trading Limited
- order date21 January 2026
- statutory basissubsection 243(1) of the Bankruptcy and Insolvency Act and the equitable jurisdiction of this Court as partially codified by Rule 25.01(1) of the Rules of Supreme Court, 1986
- statutory basisSubsection 243(1) of the Bankruptcy and Insolvency Act (BIA) and the equitable jurisdiction of the Court as partially codified by Rule 25.01(1) of the Rules of Supreme Court, 1986
- appointee roleReceiver manager, without security
- appointee rolereceiver manager
- stay grantedtrue
- chargesAdministrative Charge (100000); Receiver's Indemnity Charge; Receiver's Borrowings Charge (500000)