Home Solutions Corporation

Home Solutions Corporation, a Calgary, Alberta-based manufacturer and supplier of materials for closets and glassware for commercial and residential clients in the construction industry, was placed in receivership on June 28, on application by Private Debt Partners Senior Opportunities Fund GP Inc. carrying on business as Private Debt Partners ("PDP"), owed approximately $9.2 million. The company defaulted on its obligations to PDP within two months of the date that the credit facility was advanced. Grant Thornton was appointed receiver. Counsel is Miller Thomson for PDP.