My Mortgage Auction Corp. dba Shop Your Own Mortgage, a BC company which carried on business as a mortgage broker in BC and various states in the US, was placed in receivership on May 4, on application by 1548199 Alberta Ltd., owed approximately $17.6 million. A number of actions have been commenced against the company in which plaintiffs allege that they entered into investment agreements with the company under which the company agreed to pay back money loaned by the plaintiffs, together with a fixed rate of interest. The company has allegedly defaulted on a number of these loans. PwC was appointed Receiver, represented by Blakes. Clark Wilson is counsel for 1548199 Alberta Ltd.

By: Dina Milivojevic