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Ingenious Packaging Group ULC / 1100225 B.C. ULC
Introduction and Overview

Receivership of Ingenious Packaging Group ULC:

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.

Bankruptcy of 1100225 B.C. ULC:

On August 2, 2018, 1100225 B.C. ULC (formerly Ingenious Packaging Group ULC) (“1100225”) filed an assignment into bankruptcy and the Office of the Superintendent of Bankruptcy issued a Certificate of Appointment of Deloitte Restructuring Inc. as trustee of 1100225. The First Meeting of Creditors will be held on August 21, 2018 at 10:00 a.m at the office of the Deloitte at 8 Adelaide Street West, Suite 200, Toronto, Ontario, M5H 0A9.


Contact Information

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

Attention: Stefano Damiani
Telephone:  (416) 874-4404
Fax: (416) 601-6690

Email: sdamiani@deloitte.ca


Receivership Documents

Last updated Sep 4, 2018

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