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Sweet Suite Home Builds Inc., Bankruptcy
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Sweet Suite Home Builds Inc., a Calgary, Alberta-based real estate lender and holding company primarily involved in residential real estate projects, filed an assignment in bankruptcy on March 25, listing liabilities of approximately $13.7 million.
The company experienced losses on certain projects and was unable to continue payments to its lenders.
Grant Thornton is the bankruptcy trustee.
Counsel is Osler for the bankruptcy trustee.
By: Dina Milivojevic