In insolvency proceedings under the Bankruptcy and Insolvency Act and s. 101 of the Courts of Justice Act, the court addressed multiple matters including disclosure issues, approval of settlements between the applicants and various parties, and procedural directions regarding questions to the receiver.
Several settlements were approved and a sealing order was granted respecting certain settlement terms.
The court granted a limited adjournment to allow a specific party to submit written questions to the receiver concerning the receiver’s reports.
Costs of $4,000 were ordered payable by a party seeking the adjournment, failing which the receiver would not be required to answer the questions.