Spectra Premium returns to CCAA as auto parts maker launches sale process

Spectra Premium Mobility Solutions Canada Ltd. and Spectra Premium Mobility Solutions USA, LLC obtained CCAA protection from the Québec Superior Court on September 30, 2026. Spectra designs, manufactures and distributes automotive products across North America. Its aftermarket division, which accounts for approximately 60% of revenue, sells replacement fuel delivery, cooling and undercar products for light and…

SIREG entities file amid investor turmoil

Various entities associated with the Simple Investor Real Estate Group (SIREG) have filed a Notice of Intention to Make a Proposal under the Bankruptcy and Insolvency Act amid a liquidity crisis affecting a real estate platform carrying more than $150 million of secured debt across the broader group. SIREG, founded by real estate investor and…

Blu-Smart Charge Insolvency: NCLT Refuses Lessor’s Plea To Recover Premises, Remove Assets During Moratorium

The Ahmedabad bench of the National Company Law Tribunal (NCLT) has refused to direct the Resolution Professional (RP) of Blu-Smart Charge Pvt. Ltd. to remove the company’s assets from the licensed premises or hand over possession to Eldeco Infrastructure and Properties Limited. The order was passed by Judicial Member Shammi Khan and Technical Member Sanjeev…