1000093910 Ontario Inc., the owner of an industrial property in Vaughan, Ontario, was placed into receivership on September 13, on application by Peakhill Capital Inc., owed approximately $19.3 million. Peakhill provided a loan to the company to allow it to purchase the property. The company has defaulted on its payment obligations under the loan and a subsequent forbearance agreement. KSV was appointed receiver. Counsel is Robins Appleby for Peakhill, Cassels for the company and Bennett Jones for the receiver.

By: Dina Milivojevic