Bridgeline Ropes Inc.
The Court-Appointed Interim Receivership of Bridgeline Ropes Inc.
On March 11, 2008, Bridgeline Ropes Inc. ("Bridgeline" or the "Company") filed a Notice of Intention to Make a Proposal pursuant to Section 50.4 of the Bankruptcy and Insolvency Act ("BIA"). A. Farber & Partners Inc. ("Farber") was appointed Trustee in the Proposal of the Company. On April 10, 2008 the Company obtained Court approval to extend the time to file its Proposal to May 26, 2008. On May 26, 2008 the Company obtained a second extension of time to file its Proposal to July 10, 2008. As Bridgeline failed to file a proposal by July 10, 2008, Bridgeline was deemed to be bankrupt. Farber is currently acting as trustee in bankruptcy of Bridgeline.
In addition, by an Order of the Honourable Madam Justice Hoy (the "Order"), dated May 26, 2008, Farber was appointed as Interim Receiver of all of Bridgeline’s current and future assets, undertaking and properties of every nature and kind whatsoever, and wherever situate including all proceeds thereof with authority limited to the provisions of the Order. For greater certainty, the Interim Receiver was appointed for the limited purpose of conducting a sale and marketing process.
By Order of the Honourable Justice Morawetz dated July 9, 2008 (the “Approval and Vesting Order”), a sale of all or substantially all assets of the Company was approved.
By Order of the Honourable Justice Campbell dated October 31, 2008 (the “Discharge Order”), Farber was discharged as Interim Receiver of Bridgeline.
The purpose of this website is to provide documents to any interested persons regarding the Proposal and Interim Receivership of the Company. The documents listed below are in .pdf format and can be viewed and/or downloaded.
Notice of Intention to Make a Proposal
Orders
Motions
Sale Documents
Reports