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Panjaab Transport Placed in a Receivership After Cash Diversions, Liens and CRA Audit Concerns

Panjaab Transport Placed in a Receivership After Cash Diversions, Liens and CRA Audit Concerns

Court appoints msi Spergel Inc.; lender cites collapsing borrowing base and lack of transparency

Dina Kovacevic
Dina Kovacevic
Recent filingsRecent filings
TrinityStar’s Newtonville Subdivision Placed in Receivership

TrinityStar’s Newtonville Subdivision Placed in Receivership

Judge says “no alternative” after loan matured; TDB Restructuring to secure and complete partially built homes

Dina Kovacevic
Dina Kovacevic
Recent filingsRecent filings
Logient Group Sold to Onepoint Subsidiary After NOI Filing

Logient Group Sold to Onepoint Subsidiary After NOI Filing

Montreal tech firm completes going-concern sale preserving 400 jobs and core client contracts

Dina Kovacevic
Dina Kovacevic
Recent filingsRecent filings
Blue Sky Resources Files NOI After AER Compliance Action and Liquidity Pressure

Blue Sky Resources Files NOI After AER Compliance Action and Liquidity Pressure

Alberta regulator’s licence-transfer freeze and funding demands trigger insolvency filing

Dina Kovacevic
Dina Kovacevic
Recent filingsRecent filings
RBC Secures Receiver Over Jade and Elvaan; KPMG to Oversee Realization

RBC Secures Receiver Over Jade and Elvaan; KPMG to Oversee Realization

Court also directs cooperation from Trenchless affiliate amid intertwined operations

Dina Kovacevic
Dina Kovacevic
Recent filingsRecent filings
Scarsin Files NOI Amid Liquidity Crisis; Court Approves $400K Insider DIP and Stay Extension

Scarsin Files NOI Amid Liquidity Crisis; Court Approves $400K Insider DIP and Stay Extension

AI forecasting developer seeks to restructure under BIA after RBC enforcement notice; director funds operations through DIP facility

Dina Kovacevic
Dina Kovacevic
Recent filingsRecent filings
National Bank Secures Receivership Over Paramount Edmonton Site

National Bank Secures Receivership Over Paramount Edmonton Site

Court appoints MNP to take control of stalled downtown lands after $9M facility goes into default

Insolvency Insider
Insolvency Insider
Recent filingsRecent filings
Miquelon Meter Services in Receivership

Miquelon Meter Services in Receivership

Edmonton flow-meter supplier owing C$2.76 million and US $250,000 to RBC placed into receivership; KSV Advisory appointed on consent

Insolvency Insider
Insolvency Insider
Recent filingsRecent filings
Denhall Construction files assignment in bankruptcy following significant losses

Denhall Construction files assignment in bankruptcy following significant losses

Krieger & Company appointed bankruptcy trustee

Insolvency Insider
Insolvency Insider
Recent filingsRecent filings
3MotionAI Files NOI, Launches Court-Supervised Sale Process

3MotionAI Files NOI, Launches Court-Supervised Sale Process

AI motion-analytics company cites costly US litigation and failed financing amid leadership changes and DIP financing package

Insolvency Insider
Insolvency Insider
Recent filingsRecent filings
Etobicoke Property Placed in Receivership After Refinancing Efforts Collapse

Etobicoke Property Placed in Receivership After Refinancing Efforts Collapse

Justice Dietrich appoints EY as receiver after National Bank’s $16.2M mortgage remains unpaid

Insolvency Insider
Insolvency Insider
Recent filingsRecent filings
Wasaga Heights Development Placed Into Receivership

Wasaga Heights Development Placed Into Receivership

Simcoe County subdivision plan stalls as AFC enforces $6.4M mortgage

Insolvency Insider
Insolvency Insider