Please be advised that on May 22, 2013 KPMG Inc. was appointed receiver and manager (the “Receiver”) of Uniglobe (Canada) Inc. o/a S&Q Plastics pursuant to an order of the Ontario Superior Court of Justice.
The Receiver's motion with respect to the sale of the Uniglobe assets to DSL Industrial Limited and approval of the Receiver's actions and professional fees to the end of June 2013 received Court approval on July 16, 2013. A pdf copy of the order of the Court is below.
The Receiver has filed its second report with the Court (the "Second Report"). The Second Report principally deals with the sale of the fixed assets and inventory of Uniglobe (Canada) Inc. The Receiver's motion to approve the Second Report and sale of the assets is to be heard by the Ontario Superior Court of Justice (Commercial List) on Tuesday July 16, 2013. The Receiver's motion record (including the Second Report) is included below under the "Court Materials" section.