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On October 17, 2007 KPMG Inc. was appointed by the Ontario Superior Court of Justice as Receiver and Manager of FactorCorp Inc. and FactorCorp Financial Inc. By a further Order of the Ontario Superior Court of Justice made on March 25, 2008, KPMG Inc. was appointed as Trustee in Bankruptcy of the Consolidated Bankruptcy Estate of FactorCorp Inc. and FactorCorp Financial Inc. The first meeting of creditors was held on April 24, 2008, at which time Inspectors were appointed to the Estate. The Receiver was discharged on March 18, 2009.
Trustee's Update - April 4, 2011
On February 14, 2011, the Inspectors approved a distribution of approximately $0.04 to be made to FactorCorp debenture holders with admitted claims on March 31, 2011. The cheques and the related cover letter [PDF 113KB] were mailed April 1, 2011.
Motion Record for March 18, 2009 including Receiver's
Fifth Report to the Court [PDF 96KB]  |
March 12, 2009 |
| First Supplemental Report to Receiver's Fourth Report to the Court [PDF 96KB] |
March 20, 2008 |
| Motion Record for March 25, 2008 [PDF 2.34MB], including Receiver's Fourth Report to the Court(Part 1 of 2) |
March 10, 2008 |
| Motion Record for March 25, 2008 [PDF 2.77MB], including Receiver's Fourth Report to the Court(Part 2 of 2) |
March 10, 2008 |
| Supplemental Report to the Receiver's Third Report to the Court [PDF 180KB] |
December 27, 2007 |
| Receiver's Third Report to the Court [PDF 1.26MB] |
December 19, 2007 |
| Supplemental Report to Receiver's Second Report to Court [PDF 69KB] |
November 26, 2007 |
| Receiver's Second Report to the Court [PDF 1.32MB] |
November 21, 2007 |
| Receiver's First Report to the Court [PDF 1.01MB] |
October 29, 2007 |
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Notice and Statement of the Receiver [PDF 329KB] |
October 29, 2007 |
(416) 777-8408
Email: factorcorp@kpmg.ca
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