Strategic Pre-Planning: The Role of Interim Executives in Business Continuity and Crisis Management for Family-Owned Businesses

Firm News — Week of September 15, 2025

Moves at Sands & Associates, Robins Appleby, and more.

Domain Wins Receivership Over Skyview Parking and To Let Housing

Calgary airport parking business and rental portfolio placed under MNP’s control after repeated defaults

Keltic’s Nexus Development Falls Into Receivership

Vancouver project halted at 79% completion amid missed payments, liens, and misappropriation allegations

Interim Receivership Request: Take 2

A second look at the high bar for urgent relief

Torrent Shotcrete Placed in Receivership After Sustained Losses

Specialty concrete contractor defaults on $4.9M RBC facility following failed sale process and reporting breaches

Scarborough’s Town Centre Place Project Placed in Receivership After Loan Default

Four-tower mixed-use development by Atria Development stalls at excavation stage with over $80M owing

Everest Toys Placed in Receivership After Collateral Shortfall and Board Resignations

Toy distributor to major retailers collapses as lender TD Bank moves to protect $25M exposure

Norwood Industries Enters CCAA as Demand for DIY Sawmills Slumps

Barrie-based sawmill maker backed by GreyLion Capital continues sales process under court protection

Starpax Biopharma Converts to CCAA Amid Cash Burn and Failed Fundraising

Montreal biotech behind magnetic cancer-treatment technology seeks sale process backed by Investissement Québec financing

Flow Beverage Placed in Receivership After Failed Sale Attempts

Toronto-based bottled water company behind Flow Alkaline Spring Water faces lender foreclosure amid mounting losses and liquidity shortfall

Iovate, Maker of Hydroxycut and MuscleTech, Files NOIs to Pursue Restructuring

Health and wellness company behind MuscleTech and Hydroxycut seeks breathing room following $115M credit facility default and $12.5M U.S. judgment