A Costly Assumption: Westwood Capital and the Limits of the Good Faith Defence – Maddocks
A Costly Assumption: Westwood Capital and the Limits of the Good Faith Defence Maddocks Read the original article here
Good Natured packaging companies win approval for Brampton going-concern sale
Good Natured Products Industrial Canada LP and five related operating companies filed notices of intention to make a proposal on June 22, 2026, followed by their Brampton real estate holding company on July 10, as the sustainable-packaging group sought protection to complete a going-concern sale to Jones Healthcare Group. Justice Steele extended the stay through…
Ontario construction-component group enters receivership with $19.2 million stalking horse bid
1001281812 Ontario Inc., operating as TNP Panel Company, and related companies TRS Components Ltd., Plant 22 Ltd. and 976711 Ontario Inc., operating as Terra Nova Truss (collectively, the “TRS Companies”), were placed into receivership on July 31, 2026. Celina Capital Corporation brought the receivership application in respect of TNP, while Bank of Montreal brought the…
Final Bell files for bankruptcy with $46.6 million owed
Final Bell Holdings International Ltd., a Vancouver-based cannabis services and hardware company, made a voluntary assignment in bankruptcy on July 28, 2026. Its statement of affairs lists approximately $46.6 million in liabilities against assets with an estimated realizable value of $3, leaving a deficiency of approximately $46.6 million. Almost the entire debt is attributed to…
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No Cookies To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to…
450,000 defrauded student loan borrowers are eligible for debt relief. How it works.
A years-long legal battle that left hundreds of thousands of student loan borrowers in limbo is ending. After a recent court ruling, students who were defrauded by the schools they attended — mostly for-profit colleges that misrepresented the value their degrees could offer students — may soon get relief. The Sweet v. McMahon case has…
Burger Burger in liquidation owing $2.7m as search for buyer continues
However, the pair was unable to do so before a watershed meeting with creditors, who elected by majority to place the business into liquidation. The administrators were subsequently appointed liquidators and, according to their first liquidators’ report, have continued to engage with parties who indicated an interest in acquiring the business during the administration process.…
Builder loses appeal against winding-up notice for debts over $100k
A construction company has failed to convince the court that it was solvent after it was issued a winding-up application over $100k in subcontracting work allegedly unpaid for. After performing work for a construction company for a shortfall of over $100,000, one subcontracting company has had its winding-up application adjourned, with the court offering the…
UK travel company plunges into liquidation – all holidays cancelled
A UK travel company specialising in ski holidays has entered voluntary liquidation, with all package holidays booked through the firm cancelled. Ski Yodl Ltd, which traded as Yodl, was incorporated in March 2018 and offered ski holiday packages to destinations including the French Alps. According to its LinkedIn profile, Ski Yodl described itself as “a…
UK travel company plunges into liquidation as customers issued vital update
A UK travel company is set to close after voluntarily entering liquidation. Ski Yodl Ltd, founded in March 2018, offered ski holiday packages to destinations including the French Alps. But after its eight years in operation, the company is now set to close. The company’s Facebook profile says it offers holidaymakers the chance to “book…