
Allocating costs in a multi-property receivership
How are costs allocated in a multi-property real estate receivership with multiple secured creditors?

Quebec Court appoints Deloitte receiver of DMB Food Distribution
Food distributor ceased operations after a sale process involving 156 potential investors failed to produce a viable going-concern transaction
Timbercreek credit bids to take over Calgary office tower
MNP was appointed receiver over Life Plaza and obtained same-day approval to sell the 17-storey downtown property to its secured lender after a pre-filing marketing process produced no acceptable third-party offer
Ottawa residential lot developer Onassa placed into receivership
Court authorizes streamlined sales process for 26 serviced lots after more than $8.5 million in secured debt went unpaid
Finstar Group stays in receivership, portfolio for sale
Justice Luc Morin found the developer’s liquidity insolvency, repeated defaults and fragmented creditor enforcement made a court-supervised sale necessary
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