1239583 B.C. Ltd., Receivership
1239583 B.C. Ltd., an Abbotsford, British Columbia-based company which owns and operates a farm in Port Alberni British Columbia, and certain related entities were placed into receivership on September 8, 2023, on application by the National Bank of Canada, owed approximately $6 million. National Bank brought the receivership application following the company’s payment defaults and failure to provide information requested by the Bank. FTI was appointed receiver. Blakes is counsel to National Bank, Deol Lawyers is counsel to the company and McCarthy Tétrault is counsel to the receiver.
By: Dina Milivojevic