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- Receivership Ordered for Ashcroft Urban Developments Following Creditor Opposition to CCAA Proceedings
Receivership Ordered for Ashcroft Urban Developments Following Creditor Opposition to CCAA Proceedings
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Robb English, Sanjeev Mitra and Calvin Horsten of Aird & Berlis share that an interim receiver has been appointed over a real estate company already subject to CCAA proceedings, despite strong opposition from secured creditors representing more than 80% of the company’s secured debt.