2502511 ONTARIO CORP.

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

Paul Franchi LL.B. MBA CIRP LIT joins Baigel Corp.

Baigel Corp are delighted to announce that Paul Franchi has joined the firm. Whilst Paul is a newly minted Licensed Insolvency Trustee, he also has 30+ years experience in financial analysis and advisory services. Paul will focus on assisting clients identify, consider and implement their restructuring options.

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

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