• Business Development Bank of Canada v. Pine Tree Resorts Inc. and 1212360 Ontario Limited: A Unified Test for Granting Leave to Appeal under Section 193(e) of the BIA
  • May 27, 2013 | Author: Ian Aversa
  • Law Firm: Aird & Berlis LLP - Toronto Office
  • On April 2, 2013, Justice Mesbur of the Ontario Superior Court of Justice (Commercial List) granted an application brought by Business Development Bank of Canada (“BDC”) for the appointment of a receiver over the assets, undertakings and properties of Pine Tree Resort Inc. and 1212360 Ontario Limited, operating as the Delawana Inn in Honey Harbour, Ontario (together, “Delawana”).