Sapphire Tower Development Corp.
Sapphire Tower Development Corp. ("Sapphire") obtained a Stay of Proceedings under the Companies' Creditors Arrangement Act (CCAA) on 20 July 2007. Court Orders were issued on August 16, 2007, September 4, 2007, November 7, 2007 and December 14, 2007. Under the orders BDO Dunwoody Limited was appointed monitor under the provisions of the CCAA and Interim Receiver under the Courts of Justice Act and the Bankruptcy and Insolvency Act.
CREDITORS ARE INVITED TO REGISTER to receive notice, by e-mail, when additional documents are posted to this web site. Copies of Orders, Reports and other pertinent information may be accessed via the sidebar links at any time. Updates, including all relevant orders issued by the Court, have been and will be posted as they become available and notice of the new posting will be sent, by e-mail, to all registered creditors.
BDO Dunwoody Limited was authorized to conduct a sales process for the land owned by Sapphire located at 66 Temperance Street, Toronto, Ontario in accordance with a plan approved by the Court on September 4, 2007. The sales process has been completed, and a sale to Skyline International Development Inc. was approved by the Court on December 14, 2007. The sale is scheduled to be completed on January 14, 2008.
For general queries please contact Mr. Bruno Suppa at (e-mail bsuppa@bdo.ca) or by calling 416-865-0200, or by facsimile at 416-865-0904.
Court Orders
- Endorsement of Justice Morawetz - May 26, 2009
- Endorsement of Justice Spence - March 3, 2009
- Order Granted - October 31, 2008
- Order Granted - June 27, 2008
- Order Granted - May 14, 2008
- Endorsement of Mr. Justice J. Morawetz - May 14, 2008
- Claims Order - March 26, 2008
- Order Granted - January 30, 2008
- Receiver's Certificate Registered - 15 January 2008
- Order Granted - January 14, 2008
- Endorsement of Justice Peter A. Cummings - December 14, 2007
- Order Approving Sale to Skyline - December 14, 2007
- Order Approving Conduct of Interim Receiver and Monitor, and Professional Fees - December 14, 2007
- Order Granted - November 7, 2007
- Endorsement of Mr. Justice Peter A. Cummings - November 7, 2007
- Order Granted September 4, 2007
- Order Appointing Interim Receiver - August 16, 2007
- Endorsement of Mr. Justice Peter A. Cumming - August 16, 2007
- Initial Order granted 20 July 2007
- Reasons of Mr. Justice Peter A. Cumming - July 20, 2007
Notice to Creditors
- Notice to Creditors, May 28, 2009
- Notice to Creditors, May 15, 2009
- Notice to Creditors, November 12, 2007
- Notice to Creditors, September 6, 2007
- Notice to Creditors, July 31, 2007
Application & Motion Record
- Motion Record Returnable May 26, 2009
- Notice of Motion - Returnable May 14, 2008
- Notice of Motion - Returnable March 26, 2008
- Notice of Motion - Returnable January 30, 2008
- Notice of Motion - Returnable December 14, 2007
- Notice of Motion - Returnable November 7, 2007
- Motion Record, Application of September 4, 2007
- Applicant's Notice of Motion - Returnable Thursday, August 16, 2007
- Affidavit of Harry Stinson - Sworn August 15
- Notice of Application - July 19, 2007
Reports
- Ninth Report - June 26, 2008
- Eighth Report - May 8, 2008
- Factum of Interim Receiver - Motion Returnable May 14, 2008
- Seventh Report - March 24, 2008
- Sixth Report - January 28, 2008
- Supplement to the Fifth Report - January 11, 2008
- Fifth Report - January 10, 2008
- Fifth Report Appendix A - January 10, 2008
- Fifth Report Appendix B - January 10, 2008
- Fifth Report Appendix C - January 10, 2008
- Fifth Report Appendix D - January 10, 2008
- Fifth Report Appendix E - January 10, 2008
- Fifth Report Appendix F - January 10, 2008
- Fifth Report Appendix G - January 10, 2008
- Fifth Report Appendix H - January 10, 2008
- Fifth Report Appendix I - January 10, 2008
- Fifth Report Appendix J - January 10, 2008
- Fifth Report Appendix K - January 10, 2008
- Fifth Report Appendix L - January 10, 2008
- Fifth Report Appendix M - January 10, 2008
- Fifth Report Appendix N - January 10, 2008
- Fifth Report Appendix O - January 10, 2008
- Fifth Report Appendix P - January 10, 2008
- Fifth Report Appendix Q - January 10, 2008
- Fifth Report Appendix R - January 10, 2008
- Fourth Report of the Monitor - December 12, 2007
- Third Report of the Monitor - November 6, 2007
- Second Report of the Monitor, and of the Interim Receiver - August 30, 2007
- First Report of the Monitor - August 14, 2007
Secured Creditors
Claims Bar Procedure