October 27, 2017

Filing Type:

Company Counsel: Alousis Law

Trustee: Rosen Goldberg

Applicant: Ontario Wealth Management Corporation

Applicant Counsel: GSNH



1735549 Ontario, a single-purpose entity set up by Greg Knight, a residential developer, to construct and sell a condo project in Kawartha Lakes, was placed in receivership on October 27 on application by Ontario Wealth Management Corporation, owed approximately $872.7M. The corporation does not have the funding to continue its operations. Rosen Goldberg was appointed receiver. Counsel is GSNH for the applicant and Alousis Law for the corporation.