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Engagements

Zephyrus Equestrian Ltd.

On September 5, 2025, by the Order of Justice Stothart (the “Receivership Order”) pursuant to section 243 of the Bankruptcy and Insolvency Act (the “BIA”) and section 101 of the Courts of Justice Act (Ontario) (the “CJA”), B. Riley Farber Inc. was appointed as receiver (in such capacities, the “Receiver”) without security, over all the assets, undertakings and properties of Zephyrus Equestrian Ltd. (the “Debtor”) acquired for, or used in relation to a business carried on by the debtor and all proceeds thereof, including, without limitation real property municipally known as 581 Fraser Street, North Bay, Ontario (“Real Property“). A copy of the Receivership Order can be found below.

A copy of the Receivership Order can be found below.

Inquiries

For 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

Receivership Documents
• Notice and Statement of Receiver – September 15, 2025
• Receiver’s Certificate – September 19, 2025

Receiver Reports
• First Report of the Receiver – April 29, 2026
• Supplemental Report of the Receiver – July 23, 2026
• Second Report of the Receiver – September 14, 2026

Motion Materials
• Application Record – August 12, 2025
• Factum of the Applicant – August 21, 2025
• Confirmation of Application – August 27, 2025
• Motion Record of the Receiver – May 1, 2026
• Supplemental Record – July 14, 2026
• Factum of the Receiver – July 14, 2026

Court Orders & Endorsements
• Endorsement of Justice Stothart – September 5, 2025
• Receivership Appointment Order – September 5, 2025

Service List
• Service List (September 9, 2025) – PDF
•Service List (September 9, 2025) – Word

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Contacts

Hylton Levy

CPA, CA, CIRP, LIT
Senior Managing Director Restructuring
  • 437.294.4624
  • 416.543.1207
  • hlevy@glassratner.com

Richard Williams

CPA, CIRP, LIT
Managing Director Restructuring
  • 437.294.4672
  • 905.904.7400
  • rwilliams@glassratner.com
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