October 4, 2022

Filing Type:

Trustee: Goldhar & Associates



Capital Build Construction Management Corp., a Vaughan, Ontario-based construction management company, was deemed to have made an assignment in bankruptcy on October 4, after it failed to file cash flow statements required in connection with its NOI proceedings. The company lists approximately $2.1 million in liabilities, including $1.1 million to RBC. It was involved in construction management for a developer on multiple projects, and had substantial receivables for the work done or being done on the projects. The developer could not meet its financial obligations to its creditors and its projects were put into receivership, adversely affecting the company's cash flow. Goldhar & Associates is the bankruptcy trustee.

By Dina Milivojevic