Recycler in full receivership; owner possibly left country

Jan 15, 2014 | 12:55 PM | Lisa Gordon

Tags  auto shredder, Scrapmen & Boparai Trading, Rantej Boparai, Canadian Bankruptcy and Insolvency Act, scrap, Lisa Gordon

PITTSBURGH — An Ontario metals recycler recently placed under temporary receivership has been put under full receivership, and its owner is now believed to be out of the country.

The businesses owned by Rantel Boparai—which include Scrapmen & Boparai Trading Co.—earlier this month were put into temporary receivership under the Canadian Bankruptcy and Insolvency Act for defaulting on Canadian $17 million ($15.5 million) in loans (amm.com, Jan. 7), according to documents filed in the....





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