1876804 Ontario Inc. operating as the Concept Lighting Group (the “Company“) filed an Notice of Intention to Make a Proposal on April 7, 2019. Baigel Corp., Licensed Insolvency Trustee (“Trustee“) consented to act in the matter of the Proposal that will be made to creditors. The notice and the associated documents linked below are provided… continue reading
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2583350 Ontario Inc. operating as Method Fitness gym – in Bankruptcy FAQs
Frequently Asked Questions Will I continue to pay gym fees? At the date of bankruptcy, the Company’s bank was instructed to freeze all automatic withdrawals. However, to be sure that no further payments are withdrawn, you may wish to contact your bank or credit card company as well. I have prepaid for personal training. What… continue reading
Update To the Members and Staff of Method Fitness March 20 2019
Re 2583350 Ontario Inc. operating as Method Fitness in Bankruptcy The Trustee previously advised that it would advise the members and staff of Method Fitness as soon as possible regarding the potential sale of the gym. Sadly, it has not been possible to conclude a sale of the gym to new owners. As a result,… continue reading
Update To the Members of Method Fitness March 18 2019
re 2583350 Ontario Inc. operating as Method Fitness in Bankruptcy The Trustee is engaged with parties to negotiate selling the gym to new owners who will honour the memberships in some meaningful manner. As noted previously, whilst these efforts are proceeding, the Trustee is operating a dual track and has also prepared for an auction… continue reading
Update To the Members of Method Fitness
re 2583350 Ontario Inc. operating as Method Fitness in Bankruptcy The Trustee has been, and is, engaged with various parties in efforts to sell the gym to new owners who will honour the memberships in some meaningful manner. Whilst these efforts are proceeding, it is possible that a sale may not occur and the Trustee… continue reading
2583350 Ontario Inc. operating as Method Fitness – in Bankruptcy
2583350 Ontario Inc. operating as Method Fitness filed an assignment in bankruptcy on March 7, 2019 and Baigel Corp. was appointed as the Licensed Insolvency Trustee (“Trustee“) to deal with the bankrupt estate. The notice and the associated documents linked below are provided for information purposes to stakeholders and do not constitute advice. The Trustee… continue reading
Naramoto Ltd. in Bankruptcy
Naramoto Ltd filed an assignment in bankruptcy on January 28, 2019. The notice and the associated documents linked below are provided for information purposes to stakeholders and do not constitute advice. Please click on the link below for access to the relevant document. http://smallbusinessinsolvency.ca/wp-content/uploads/2019/03/Notice-to-creditors-of-bankruptcy-and-first-meeting-Naramoto-Ltd.-1.pdf
Nukleo Financial Inc. in Bankruptcy
Nukleo Financial Inc. filed an assignment in bankruptcy on January 11, 2019. This notice and the associated documents are provided for information purposes to stakeholders and do not constitute advice. Please click on the link below for access to the relevant document. Notice of Meeting of Creditors bundle Jan 14 2019 – Nukleo Financial Inc…. continue reading
Factors for Business Liquidity: It’s not the F word.
Michael Baigel recently co-authored an article in the Fall edition of the Journal of the Canadian Institute of Quantity Surveyors together with Calum Williamson. The article appears in the link below on page 32 of the “Construction Economist“ and it dealt with the available options from alternative finance to improve business liquidity. The article was primarily… continue reading
Raja Fine Indian Cuisine Inc. in Bankruptcy
Raja Fine Indian Cuisine Inc. filed an assignment in bankruptcy on November 15, 2018. This notice and the associated documents are provided for information purposes to stakeholders and do not constitute advice. Please click on the link below for access to the relevant document. Notice of bankruptcy and 1st meeting of creditors bundle Raja