September 20, 2022
JJK Print Inc., which operated as a flexible package label printer in Leamington, Ontario, filed an assignment in bankruptcy on September 20. The company’s struggles commenced during the Covid-19 pandemic, as many of its customers were negatively affected by the various challenges brought about by the pandemic. In 2021, Farm Credit Canada obtained a judgment against the company and an order directing the Sheriff of Windsor to take possession of the company’s main asset, its flexo film press. FCC retained an auctioneer, resulting in a sale of the press for $586,000 USD, leaving approximately $425,000 CDN owing to FCC on an unsecured basis. Dodick Landau is the bankruptcy trustee.
By Dina Milivojevic