Ontario · Receivership (court-appointed)

Pre-Filing Report of Proposed Receiver dated March 8, 2021

Pre-filing report · 8 March 2021

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 filing1 verified

secured creditorsnote: TD issued demand for payment and Notice of Intention to Enforce Security under s.244(1) BIA; underlying facility amount not disclosed in this report · page: 5 · as of: 244 Notices / demand for payment following March 5, 2021 inspection · debtor: Orbit Freight Ltd. · creditor: The Toronto-Dominion Bank · currency: CAD · security: Not stated (Bank's collateral position referenced but no amount or security instrument specified)