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York-Durham Heritage Railway Association, Bankruptcy

Insolvency Insider
Insolvency Insider

Jan 29, 2024

York-Durham Heritage Railway Association, Bankruptcy

York-Durham Heritage Railway Association, a heritage non-profit passenger railway, museum, and train experience venue based in Uxbridge, Ontario, filed an assignment in bankruptcy on January 18, listing approximately $2.1 million in liabilities.

In December, the railroad announced it would be moving from its Uxbridge location, saying the Township of Uxbridge Council had refused to renew its lease after the parties were unable to resolve various outstanding issues, including timelines for safety compliance. Shortly after that, the railroad announced that it would be returning to its volunteer roots and that it had let go of its senior staff. The railroad ultimately assigned itself into bankruptcy.

B. Riley Farber is the bankruptcy trustee.

By: Dina Milivojevic


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