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Final Report Of The Receiver – Dated October 27, 2016 – 709kb.pdf

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Preview of Final Report of the Receiver – dated October 27, 2016 – 709kb
🔗 Source: richter.ca
📊 Size: 708 KB
👤 Author: luciel
⬇️ Downloads: 95

Summary

Richter Advisory Group Inc. was appointed receiver of Daco Manufacturing Ltd. on July 17, 2015, pursuant to an Ontario Superior Court of Justice order. The company's assets, valued at $4,783,000, consisted of accounts receivable, inventory, prepaid expenses, and fixed assets. Prior to the appointment, Daco filed a Notice of Intention to Make a Proposal, but the sales process did not result in any viable offers. The Court approved the sale of the company's business and assets to 2380775 Ontario Ltd. on September 24, 2015. The Receiver completed its administration, and the Court issued a Discharge Order on March 18, 2016, authorizing the distribution of residual amounts to the Trustee. The Receiver's Final Statement of Receipts and Disbursements is attached, and creditors can request a copy by writing to the Receiver. Further information is available on the Receiver's website.

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Description

Richter Advisory Group Inc. was appointed receiver of Daco Manufacturing Ltd. on July 17, 2015, pursuant to an Ontario Superior Court of Justice order.

Technical Information

  • File Format: PDF
  • File Size: 708 KB
  • Pages: 9
  • Language: EN
  • Author: luciel
  • Total Downloads: 95
  • Last Updated: 1 month ago

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