Ontario · Receivership (court-appointed)
Special Report - Receiver - Deloitte Restructuring Inc.
Court officer report · 14 October 2025
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What we verified from this filing6 verified
- closing confirmedscope: one of the Four Vehicles · outcome: completed · purchaser: AutoLoans 4 You · date basis: unstated
- process resultslois: 3 · ndas: 5 · note: Figures from the Sixth Report reproduced within this Special Report regarding the lease portfolio Sale Process · as of: 2024-12-23 · solicited: 17
- purchaserprice: note: one of three LOIs proposed a service agreement rather than a purchase; rejected as inferior to run-off · sealed: false · scope: the lease portfolio · status: not_completed · name note: unnamed vehicle servicing company; LOI rejected · structure: auction · name source: recital · relationship: unstated; price: sealed: false · scope: the lease portfolio · status: not_completed · name note: unnamed bidders under remaining LOIs for lease portfolio, not acceptable · structure: auction · name source: recital · relationship: unstated; AutoLoans 4 You
- recovery outcomeentries: basis: estimated · quote: In any event, the Receiver estimates that Peoples will suffer a significant shortfall on its debt. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: Peoples · creditor name: Peoples · interim final: unstated · claims qualifier: unstated · stated on: 2025-10-14 · table missing:
- sale advisorNorthlake Financial ULC
- sale outcometext: The Receiver terminated the Sale Process for the lease portfolio, which is being run-off by Northlake · scope: whole_business · status: terminated