Receiver appointed to five more Toronto-area housing projects
Troubles for developer Vandyk Properties continue in 2024 as delayed orders to appoint a receiver on more of its building projects have come into effect
Source: theglobeandmail.com
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Vandyk Properties faces demand to place properties into receivership
The insolvency application covers five projects in the Greater Toronto Area, which include 1,757 unbuilt homes in a mix of apartments, townhomes and detached houses
Source: theglobeandmail.com
Santina v Rare Art: in the soup – worldwide freezing injunction over a £14,000 costs order? | White & Case LLP
The English Court's jurisdiction to grant freezing injunctions has been the subject of considerable judicial attention in recent years. In Convoy Collateral v Broad Idea,1 the Privy...
Source: jdsupra.com
TOROMONT ANNOUNCES RESULTS FOR THE FIRST QUARTER OF 2023 AND QUARTERLY DIVIDEND
TORONTO, April 27, 2023 /CNW/ - Toromont Industries Ltd. today reported its financial results for the first quarter ended March 31, 2023. ... | April 27, 2023
Source: marketscreener.com
Distressed Issues And Alternatives To Bankruptcy For Cannabis Businesses - Insolvency/Bankruptcy
Cannabis businesses and owners remain (mostly) barred from filing for federal bankruptcy protection, but as more states legalize and as more "ancillary" businesses seek to file, courts continue to grapple with court supervisions of distressed cannabis businesses.
Source: mondaq.com