
Product safety firm Labtest lands in receivership after missed payments
Deloitte will pursue a going-concern sale of the testing and certification business after National Bank cited repeated payment defaults, tax arrears and unreliable financial reporting

Graziella Fine Jewellery placed in receivership after year-long RBC repayment demand
Grant Thornton appointed over Ontario jewellery retailer after court finds repeated reporting defaults, unpaid demand debt and no evidence of refinancing or a capital injection
ThoughtWire launches sale process after customer loss and liquidity crunch
Digital twin software company will test a secured creditor-backed stalking horse bid through a 4-week SISP, supported by up to $300,000 of DIP financing
Tim Hortons franchisee wins more time to sell restaurants in NOI proceeding
M.G.B. Ventures Inc. plans to market at least 3 of its 6 Eastern Ontario locations after tax arrears, lender enforcement and a franchise default notice brought pressure on the business
Gumpert seeks sale after $3 million Elmira plant overrun triggers CCAA filing
Bakery ingredients manufacturer secures FCC DIP financing and proposes two-phase SISP after delayed relocation leaves it with more than $20 million in liabilities
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