Ontario recycler in full receivership

Mar 19, 2014 | 11:41 AM | Lisa Gordon

Tags  recycler, New Metal Recycling, Scrapmen & Boparai Trading, receivership, Canadian Bankruptcy and Insolvency Act, Lisa Gordon

PITTSBURGH — A Hamilton, Ontario, metal recycler placed into temporary receivership under the Canadian Bankruptcy and Insolvency Act is now in full receivership, and the assets of the business will be distributed to creditors.

The affairs of 1426645 Ontario Ltd., doing business as New Metal Recycling, were pushed into insolvency proceedings at the request of Toronto-Dominion Bank (amm.com, Feb. 14).Toronto-based A. Farber & Partners Inc. has been named as receiver. ....

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