March 3, 2021

Filing Type:

Trustee: Deloitte

Applicant: TD

Applicant Counsel: Miller Thomson



Toolplas Systems Inc., and Tool Processing Solutions Inc. (o/a TPS Global) (collectively the "Company"), two Oldcastle, Ontario-based manufacturing companies, were placed in receivership on March 3 on application by TD, owed approximately $18.1 million. The Company also owes approximately $5.9 million to BDC and a further $6.9 million to its unsecured creditors. Deloitte was appointed receiver and manager. Miller Thomson is counsel to the applicant.