On May 26, 2023, by Order of the Ontario Superior Court of Justice (Commercial List) (the “Court") dated May 26, 2023 (the “Appointment Order"), Deloitte Restructuring Inc. was appointed as the receiver and manager (in such capacity, the “Receiver") without security, of all of the assets, undertakings and properties of each of Injection Technologies Inc. (“ITI"), Moldco Plastics Inc. (“MPI"), and Moldco Holdings Inc. (“Moldco Holdings", and together with ITI and MPI, the "Debtors") acquired for, or used in relation to, a business carried on by the Debtors, including all proceeds thereof (the “Property"). The Appointment Order also approved the Receiver's proposed sale process, which was described in the Receiver's pre-filing report dated May 19, 2023.
On October 11, 2023, the Receiver filed an assignment in bankruptcy on behalf of Injection Technologies Inc. and Moldco Plastics Inc. Deloitte Restructuring Inc. was named as trustee of the bankrupt estate pending affirmation at the first meetings of creditors. Please be advised that the first meeting of creditors will take place on the 1st day of November 2023 at 10:00 a.m. via video conference (Zoom Meeting ID 982 0164 2117, password 994561).
If you have any questions regarding this matter, please contact Deloitte Restructuring Inc. at the following address:
Deloitte Restructuring Inc. 8 Adelaide Street West, Suite 200 Toronto, ON, M5H 0A9
Attention: Stephen Messina
Telephone: 416-354-0988Email: InjectTech@deloitte.ca
Oct 31, 2023