13272664 Canada Inc.

Engagement Status Updates On the 25th day of January 2023, 13272664 Canada Inc. (the “Company”) filed an assignment in bankruptcy and Baigel Corp. was appointed as Trustee. The Company had its head office located in Georgina, Ontario, and operated two retail franchises of Sessions Cannabis in Uxbridge, Ontario and Kingston, Ontario. The first meeting of… continue reading

5012456 Ontario Ltd.

5012456 Ontario Ltd formerly known as Steve Takacs Sales Ltd filed an assignment in bankruptcy on August 26, 2022 and Baigel Corp. was appointed as the Licensed Insolvency Trustee of the estate of the bankrupt by the Official Receiver. The notice of the bankruptcy and first meeting of creditors is provided in the link below… continue reading

3 Sixty Secure Corp. and 3 Sixty Risk Solutions Ltd. – in Receivership

Case Updates On September 13, 2021, on application by Pillar Capital Corp., the Ontario Superior Court of Justice (Commercial List) (the “Court“) issued an order (the “Receivership Order“) providing for, among other things, the appointment of Baigel Corp. as receiver and manager (in such capacity, the “Receiver“) of all the assets, properties, and undertakings (the… continue reading

Welcome to the Baigel Corp. Euro 2020 Pool in 2021

It is late notice, but not as late as the Euros 2020 which are about to start this week in 2021. This football aka soccer tournament is the second greatest sports competition in the world. Unfortunately, due to the current viral restrictions, none of us will be able to travel around Europe to watch the… continue reading

2600167 Ontario Inc. (o/a Dean Group)

Engagement Status Updates Update – May 28, 2021 On May 26, 2021, 2600167 Ontario Inc. operating as Dean Group (the “Company“) filed an Notice of Intention to Make a Proposal (“NOI“) under subsection 50.4(1) of the Bankruptcy and Insolvency Act (Canada) (the “BIA”) and Baigel Corp., Licensed Insolvency Trustee, consented to act as trustee under the… continue reading

Best Business Advice in 2020 – Prediction for 2021

At the very end of a traumatic year, I just felt like sharing some thoughts on what I have seen in my practice with the hope that it may help some people in 2021. My practice focuses on advising small businesses facing financial difficulties and this year, more than any other year, I have been… continue reading

Jones Media Inc. and I3Science Inc. in Receivership

Case Updates On November 23, 2020, Baigel Corp. (“Baigel“) was appointed receiver (the “Receiver“) of the assets, undertakings and properties of Jones Media Inc. (“JMI“) and I3Science Inc. (“I3Science” and, together with JMI, the “Companies“) pursuant to an Order (the “Receivership Order“) by the Honourable Mr. Justice Cavanagh of the Ontario Superior Court of Justice… continue reading