2314251 Ontario Inc., a North York, Ontario ESSO gas station operator, was placed in receivership on November 15, on application by TD Bank, owed approximately $2.4 million. The company provided to TD Bank false financial reporting in the form of falsified and misleading accounting firm documents. A subsequent site visit to the gas station revealed that there was no gas being offered for sale and that a sign was posted stating: “Sorry we don’t have any gas. We have had no gas since January and we don’t know when we will get it again.” The company had not advised TD Bank of the discontinuance of its gas station operations, or of any termination of any fuel contract, all of which were covenant obligations under the credit facilities with TD Bank. msi Spergel was appointed receiver. Counsel is Aird & Berlis for TD Bank.