Engagement Status Updates On January 23, 2025 (the “NOI Filing Date“), The Saree Room Inc. (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 NOI (the “Proposal Trustee“)…. continue reading
Category: Notices
Clearfit Inc.
Receivership On 3 June 2024, 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 as receiver (in such capacity, the “Receiver“) of all the assets, properties, and undertakings (the “Property“) of Clearfit Inc. (“Clearfit“) operating as Career Spark, pursuant… continue reading
Redpill Canada VR, Inc.
Redpill Canada VR, Inc. filed an assignment in bankruptcy on April 15, 2024, 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 held by videoconference on May 1, 2024, at 12:00 noon (Eastern time) and is for… continue reading
2502511 ONTARIO CORP. and 15599563 CANADA INC.
Receivership – Case Updates On 19 January 2024, on motion by Peel Condominium Corporation No. 49 (in such capacity, the “Plaintiff“) in the proceeding underway in Court File No. CV-23-00706755-0000 (the “Proceeding“) in the Superior Court of Justice at Toronto, Ontario (the “Court“), the Honourable Justice Brownstone made an order (the “Receivership Order“) providing for,… continue reading
RocketFin Consulting Inc.
Engagement Status RocketFin Consulting Inc. filed an assignment in bankruptcy on November 10, 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 held by videoconference on November 30, 2023, at 11:00 a.m. (Eastern time) and is… continue reading
M-B Stucco Ltd.
Engagement Status On October 10, 2023, M-B Stucco Ltd. (the “Bankrupt“) was adjudged bankrupt by order (the “Bankruptcy Order“) of the Ontario Superior Court of Justice (In Bankruptcy and Insolvency) (the “Court“), and Baigel Corp., Licensed Insolvency Trustee, was appointed as trustee of the estate of the Bankrupt. The Application for the Bankruptcy Order (Court… continue reading
Gyroscopic Inc.
Bankruptcy Gyroscopic Inc. (“Gyroscopic“) filed an assignment in bankruptcy on September 22, 2023, and Baigel Corp., Licensed Insolvency Trustee (“Baigel“), was appointed as trustee of the estate of the bankrupt by the Official Receiver. Receivership On February 26, 2024, the Ontario Superior Court of Justice (Commercial List) (the “Court“) issued an order (the “Receivership Order“)… continue reading
CORNERSTONE CANADIAN ART & CRAFT LTD. IN BANKRUPTCY
Cornerstone Canadian Art & Craft Ltd. filed an assignment in bankruptcy on May 31, 2023 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 for information purposes only… continue reading
NUVOCARE HEALTH SCIENCES INC. in BANKRUPTCY
Nuvocare Health Sciences Inc. filed an assignment in bankruptcy on May 31, 2023 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 for information purposes only to stakeholders… 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