On September 27, 2019, by Order (the “Receivership Order”) of the Ontario Superior Court of Justice (Commercial List) (the “Court”), A. Farber & Partners Inc. (“Farber”) was appointed as receiver (the “Receiver”), pursuant to section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended, without security, of all of the assets, undertakings and properties of B & W Heat Treating Canada ULC (the “Debtor“), effective September 30, 2019.
Receivership Status Updates
On September 27, 2019, the Court issued an Order (the “Approval and Vesting Order”) approving, among other things, a transaction for the purchase and sale between Hilco Industrial Canada, ULC and Farber of the undertaking, property and assets of the Debtor; and, the vesting in the Purchaser, the Debtor’s right, title and interest in and to the assets as described in the sale agreement dated September 25, 2019.
Creditor or Employee Enquiries
For creditor or employee enquiries, please contact:
The case updates and court filed documents on this website are for information purposes only and you should consult your financial or legal adviser if you have any questions or concerns about your rights or obligations. Additional updates on the status of these proceedings may become available in the future.
- Order of Justice Pattillo (Appointment Order) dated September 27, 2019
- Order of Justice Pattillo (Approval & Vesting Order) dated September 27, 2019
- Endorsement of Justice Pattillo dated September 27, 2019
- Order of Justice Hainey (Sale Agreement Amendment) dated October 16, 2019