July 24, 2018 – By Order of the Ontario Superior Court of Justice (the "Court") dated July 24, 2018, Deloitte Restructuring Inc. ("Deloitte") was appointed as receiver (the "Receiver") of the assets, undertakings and properties of Ingenious Packaging Group ULC ("Ingenious" or the "Debtor").
Also on July 24, 2018, the Court
issued an Approval and Vesting Order approving the going concern sale of
substantially all of the Debtor’s assets and business to Ingenious Packaging,
Inc., an affiliate of Resource Label Group, LLC, pursuant to an asset purchase
agreement dated July 20, 2018. That sale
transaction closed effective July 30, 2018.
If you have any questions regarding this matter, please contact the Receiver at the following address:
DELOITTE RESTRUCTURING INC. Bay Adelaide Centre, East Tower 8 Adelaide Street West, Suite #200 Toronto, ON M5J 0A9 Canada
Sep 4, 2018