Highwood Equipment Technologies Inc., Receivership

Highwood Equipment Technologies Inc., an Alberta-based company that provides full-service equipment manufacturing and builds leading-edge automated equipment, was placed in receivership on June 2, on application by HSBC Bank of Canada, owed approximately CAD$6 million plus USD$500,000. EY was appointed Receiver. Torys is counsel for HSBC and Field Law is counsel for the company.

By: Dina Milivojevic