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1871 Berkeley Events Inc. et al., Receivership

Insolvency Insider
Insolvency Insider

Aug 8, 2023

1871 Berkeley Events Inc. et al., Receivership

1871 Berkeley Events Inc. et al., a group of companies which operate three popular wedding venues in Toronto, Ontario, were placed in receivership on July 31, 2023, after failing to pay their indebtedness to TD Bank (almost $11 million) by July 28. The Receiver is not operating the business and, as a result, all future events have been cancelled with immediate effect. msi Spergel Inc. was appointed Receiver, represented by Harrison Pensa. Aird & Berlis is counsel for TD Bank, Paliare Roland is counsel for the companies and Weirfoulds is counsel for Equitable Bank.

By: Dina Milivojevic

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