Spectra Premium returns to CCAA as auto parts maker launches sale process
Automotive supplier enters its second restructuring in six years after falling sales, tariffs and working capital pressures left it unable to refinance approximately $38 million of secured debt
Canstar Restorations placed into receivership with sale to Premium Restoration pending
BMO was owed more than $16.85 million after years of losses left the western Canadian restoration group with a $70 million accumulated deficit; receiver AlixPartners is seeking approval of a going-concern sale through an RVO
OCM Auto Financing placed in receivership after refinancing collapse
National Bank is owed approximately $14.9 million, while another $49.9 million is owed to debenture holders, as KPMG takes control of the sub-prime auto lender and prepares to transition servicing of its loan portfolio
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Canstar Restorations placed into receivership with sale to Premium Restoration pending
BMO was owed more than $16.85 million after years of losses left the western Canadian restoration group with a $70 million accumulated deficit; receiver AlixPartners is seeking approval of a going-concern sale through an RVO


OCM Auto Financing placed in receivership after refinancing collapse
National Bank is owed approximately $14.9 million, while another $49.9 million is owed to debenture holders, as KPMG takes control of the sub-prime auto lender and prepares to transition servicing of its loan portfolio








