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. (“Baigel“) as as receiver and manager (the “Receiver“) of all the assets, properties, and undertakings (the “Property“)… continue reading
Author: Michael Baigel
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
The Pre and Post Vaccine Economy and What That Means to Your Clients
Michael Baigel and Jeremy Kroll of Baigel Corp. shall be presenting to Advocis, The Financial Advisors Association of Canada, on Tuesday February 9, 2021 at 11.00 a.m. They shall be acting as #futurists and will discuss “The Pre and Post Vaccine Economy and What That Means to Your Clients”. They will address what to expect… 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
Natural Energy Systems Inc. in Receivership
Case Updates On November 9, 2020, the Ontario Superior Court of Justice (Commercial List) (the “Court“) issued an interim order (the “Interim Appointment Order“) providing for, among other things, the appointment of Baigel Corp. (“Baigel“) as as receiver (the “Receiver“) of all the assets, properties, and undertakings (the “Property“) of Natural Energy Systems Inc. (“NES“)… continue reading
Small Business Week 2020 in the shadow of Covid19
A critique of the Canadian government response to Covid19 and ideas to help small businesses It’s Small Business Week and having held my tongue in the past few months whilst wishing for the best, we can now see the impact on society of the governmental response to Covid19. Being a Licensed Insolvency Trustee, I paid… 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
C.L.C Creative Learning Centre (Ontario) Ltd.
C.L.C. Creative Learning Centre (Ontario) Ltd. filed an assignment in bankruptcy on July 29, 2020 and Baigel Corp. was appointed as the Licensed Insolvency Trustee of the estate of the bankrupt by the Official Receiver. The notice and the associated documents linked below are provided for information purposes to stakeholders and do not constitute advice…. continue reading