Engagements

Meridion Group

On March 15, 2017, Meridion Highrise Ltd., Meridion Holdings Corp., Meridion Structures Ltd. and 2437156 Ontario Inc. (collectively referred to as the “Meridion Group”) each filed a Notice of Intention to Make a Proposal (“NOI”) under section 50.4 of the Bankruptcy and Insolvency Act and A. Farber & Partners Inc. was appointed as Proposal Trustee for the estates.

The NOI filings by the Meridion Group provide an automatic stay of proceedings against the creditors of the Meridion Group for a 30 day period (the “Stay Period”), thus providing the opportunity to restructure the affairs of Meridion Group and formulate a proposal to creditors.   Copies of the NOI and notice to creditors are posted below.

Status Updates

The Meridion Group was not able to file a viable Proposal with the Proposal Trustee by May 29, 2017 and as such, each entity listed above has been deemed bankrupt effective May 30, 2017. A. Farber & Partners Inc. has been appointed Trustee in Bankruptcy.

Court Proceedings to appoint Interim Receiver

On March 22, 2017, the Meridion Group brought motions in front of the Ontario Superior Court of Justice (Commercial List) (the “Court”) for Orders to, among other things:

  • Consolidate the NOI proceedings; and
  • Appoint A. Farber & Partners Inc. as Interim Receiver, without security, for limited purposes (detailed in the Motion Records posted below).

The relief requested in these motions have been granted. Copies of the Motion Records (and related materials) and Court Orders are posted below.

Creditor or employee enquiries

For creditor or employee enquiries, please contact:
Peter Crawley
T: 416.496.3507
E: pcrawley@farbergroup.com

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.

Documents

Bankruptcy Documents

NOI Documents

Proposal Trustee Reports

Bankruptcy Trustee Reports

Motion Materials

Court Orders and Endorsements