On May 6, 2026, Assembly Corp. (the “Company“) filed a Notice of Intention to Make a Proposal (“NOI”) under Section 50.4 of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended (the “BIA”), and GlassRatner Restructuring Inc. (“GlassRatner) was appointed as proposal trustee in the Companies’ NOI proceedings (in such capacity, the “Proposal Trustee”).
On June 4, 2026, by Order of the Honorable Justice Steele, pursuant to subsection 50.4(9) of the BIA, the time for filing a proposal with the Official Receiver in the NOI Proceedings, is extended up to and including July 20, 2026.
On June 4, 2026 by Order of the Honorable Justice Steele, pursuant to s.47.1(1) of the BIA, GlassRatner Restructuring Inc. is hereby appointed Interim Receiver, without security, in relation to all of the assets, undertakings and properties of the Debtor acquired for, or used in relation to a business carried on by the Debtor, including all proceeds thereof (the “Property“), until the earliest of:
(a) the taking of possession by a receiver, within the meaning of subsection 243(2) of the BIA, of the Property;
(b) the taking of possession by a trustee of the Property; and
(c) court approval of a proposal in the Proposal Proceeding
Creditor or Employee Inquiries
For creditor or employee inquiries, please contact:
Sara Corcoran
Corporate Insolvency Administrator | Restructuring
T: 437.294.4650
E: scorcoran@glassratner.com
The case updates and court filed documents on this website are for information purposes only and you should consult your financial or legal adviser if you have any questions or concerns about your rights or obligations. Additional updates on the status of these proceedings may become available in the future.
Documents
NOI Documents
• Certificate of Filing – May 6, 2026
• Creditor Package – May 12, 2026
Court Reports
• First Report of the Proposal Trustee – May 28, 2026
• Supplement to the First Report of the Proposal Trustee – June 3, 2026
Court Orders and Endorsements
• Order of Justice Steele (Stay Extension) – June 4, 2026
• Court Order of Justice Steele (Interim Receivership) – June 4, 2026
• Endorsement of Justice Steele – June 4, 2026
Motion Materials
• Motion Record – May 26, 2026
• Factum – June 1, 2026
• Amended Motion Record – June 3, 2026
• Aide Memoire – June 3, 2026
• Supplementary Aide Memoire – June 4, 2026