On April 12, 2024, BDO Canada Limited (“BDO”) was appointed as the court-appointed interim receiver of True North Freight Solutions Inc. (“True North”), North Shore Logistics Inc. (“North Shore”) and 1000088317 Ontario Inc. pursuant to an Order of the Honorable Justice Steele of the Ontario Superior Court of Justice (the “Court”).
Pursuant to bankruptcy orders issued by the Court on May 6, 2024, True North and North Shore (the “Debtors”) were adjudged bankrupt and BDO was appointed as Licensed Insolvency Trustee in Bankruptcy.
On May 16, 2024, pursuant to an application made by the Bank of Montreal, BDO was appointed as court-appointed receiver, without security, over all of the assets, undertakings and property of Debtors pursuant to an Order of the Honorable Justice Osborne of the Ontario Superior Court of Justice.
Interim Receivership
Interim Receiver Order (True North & North Shore), dated April 12, 2024
Bankruptcy – True North
Bankruptcy Order, dated May 6, 2024
Minutes of The First Meeting of Creditors
Bankruptcy – North Shore
Bankruptcy Order, dated May 6, 2024
Minutes First Meeting of Creditors
Receivership
Receivership Order (True North & North Shore), dated May 16, 2024
Endorsement - BMO v. True North Freight Solutions Inc. et al; CV-24-719689-00CL; Dated June 14-2024
Ancillary Relief (Revised) - W.D. Black J. Dated June14-2024
Approval and Vesting Order (Revised Schedule A) - W.D. Black J. Dated June 14-2024
Service List (Dated June 17, 2024)
Motion Record - Receiver (BDO Canada Limited) - Dated June 11, 2024
Contact
Inquires can be directed to Kelly Sae-Chua at [email protected] or 647-798-9809