Gyroscopic Inc.

Engagement Status Gyroscopic Inc. filed an assignment in bankruptcy on September 22, 2023, and Baigel Corp., Licensed Insolvency Trustee, was appointed as trustee of the estate of the bankrupt by the Official Receiver. The first meeting of creditors will be conducted remotely via the Zoom app and is for the creditors of the bankrupt only…. continue reading

Baigel Corp. has joined IR Global to enhance its cross-border capabilities

Baigel Corp has been admitted as the Canadian insolvency representative of the IR Global network. IR Global is a multi-disciplinary professional services network that provides legal, accountancy, financial advice to companies and individuals around the world. Membership of IR Global will enable Baigel Corp to extend its ability to provide services on insolvency matters that have… continue reading

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

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

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

Landlords in the World of Covid-19

Michael Baigel of Baigel Corp. and Gustavo F. Camelino of Camelino Galessiere LLP shall be presenting a webinar to the GTA Accountants Network on Wednesday September 2, 2020. The presentation will address deferred rent in the COVID-19 pandemic– options for landlords, options for tenants and what their accountants should know about the potential future collision… continue reading