Ontario · Interim receivership

First Report of the Proposal Trustee and Interim Receiver dated May 27, 2019

Court officer report · 27 May 2019

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 Companies ceased all operations on March 20, 2019 due to lack of financing; the Proposal Trustee/Interim Receiver is investigating co-mingled funds, tax credits, security interests, and potential employee claims while pursuing a court-approved sales process for the assets of the Companies en bloc.
report date27 May 2019
report noFirst Report