John Brock Hobbs; Hobbs & Co. Inc.
What is a conservatory measure?
The Superintendent of Bankruptcy puts in place conservatory measures when a bankruptcy or insolvency estate needs protection. It might be in cases of Licensed Insolvency Trustee (LIT) malfeasance or if serious wrongdoing on the part of a LIT puts estate files at risk. Conservatory measures may also be put in place if a LIT becomes ill or dies without a valid succession agreement. Finally, conservatory measures may be put in place if a LIT, for whatever reason, has allowed the administration of his or her practice to become substandard.
2007—Withdrawal of Directions to the Official Receiver
2005—Withdrawal of Directions for Conservatory Measures
- Directions to Murray Ferron and Janet Russell Withdrawn—September 1, 2005
- Directions to Royal Bank of Canada, Airport and Stockdale Branch, Stockdale Road, North Bay, Ontario, and CIBC, Younge Street, North York, Ontario, Withdrawn—September 1, 2005
2005—Modification of Directions for Conservatory Measures
2004—Directions for Conservatory Measures
- The Royal Bank of Canada and CIBC—July 20, 2004
- Official Receiver—July 20, 2004
- Murray Ferron and Janet Russell—July 20, 2004
- Date modified: