Ontario’s highest court affirms the concept of investigative receiverships, but with note of caution

In Akagi v. Synergy Group (2000) Inc. (“Akagi“), the Ontario Court of Appeal set aside a series of ex parte orders made by Toronto’s Commercial List Court granting broad investigative powers to a court-appointed receiver.

Filed under:
Canada, Ontario, Insolvency & Restructuring, Litigation, Baker McKenzie
Authors:
Michael Nowina , Frank Spizzirri
Location:
Canada
Firm:
Baker McKenzie