February 12, 2021
S.K. Bernstein Holdings Inc. (“Holdco” or the “Company”) is a holding company of twenty leases for the diet clinic locations owned by the operating company Post Road Health and Diet Inc. The Company’s leases were located in the provinces of Ontario (12 locations), Alberta (3 locations) and British Columbia (5 locations). A Proposal was filed by Holdco, and negotiated with certain creditors, which resulted in the creditors being paid in full, as well as receiving a bonus payment in excess of their claims in exchange for providing releases to various parties.
November 12, 2020
Fan Integrated Experiences Ltd.(“FIE” or the “Company”) is a technology company that created an IOS and Android APP which operated a loyalty program to reward music fans, promote artists and labels, connect brands to fans and help artists/labels get to know their fans. FIE filed an assignment in bankruptcy on May 1, 2020 under the provisions of section 49 of the Bankruptcy and Insolvency Act. On November 12, 2020 the Court approved the sale by Dodick Landau Inc. of the assets of FIE to 2556875 Ontario Inc.
October 14, 2020
Healthchain Inc. (“HC”) provides software solutions that integrate with existing healthcare management systems and workflows to make outdated technologies and paper-based processes more efficient. HC made a proposal to its creditors which was accepted by its creditors and the Court by October 14, 2020 and allowed the existing ownership continue to operate the business with a restructured balance sheet.
August 11, 2020
1348441 Ontario Inc. operated a chain of twelve big box specialty retail stores throughout Ontario which sell home and office organizational and storage products named Solutions Your Organized Living Store. The restructuring of the retail chain was completed in August 2020 which resulted in the company preserving four performing stores and refinancing its $13 million secured loan facility with the Royal Bank of Canada.
February 21, 2020
Waves e-gaming Inc. (“Waves”) operates a dedicated esports facility, connecting gamers across Canada and bringing esports tournaments to audiences and players around the world. As Receiver, Dodick Landau Inc. completed a stalking horse sales process and closed a sale of the assets of Waves to the stalking horse bidder, Amuka Ventures Inc.
January 28, 2020
Wisp Internet Services Inc. (“Wisp”) sells high-speed internet services to over 2,000 rural Ontario residents. After experiencing severe wind storms causing costly damage to its tower network, Wisp made a proposal to its creditors. A meeting of the creditors of Wisp was help on December 3, 2019 with over 100 attendees at which time the creditors approved the Proposal. Subsequently, on January 28, 2020 the Court approved the Proposal. Throughout the Proposal proceeding, Wisp continued to service its subscribers without interuptions.
February 5, 2019
Icarus Power Generation Inc. (“IPG”) is a power systems developer and Engineering Procurement and Construction (EPC) firm, developing, designing and building power generation and storage solutions. IPG made a proposal to its creditors which was accepted by its creditors and the Court by February 5, 2019 and allowed the business to continue to operate and restructure its operations.
September 18, 2018
Dodick & Associates obtains creditor and the Court’s approvals to restructure Judge Service Management Inc., an enterprise level information technology service company providing its services to medium sized businesses across Ontario. The restructuring resulted in uninterrupted services to its customers.
August 21, 2018
Dodick & Associates completes the sale of the assets of HB Solar Canada Inc. (“HBS”) to a newly incorporated company owned by NRG Metalworks Inc. HBS had become one of the top racking suppliers in the Ontario Photovoltaic systems market. Today, HBS is the preferred supplier of rooftop racking to most of the large developers and Engineering, Procurement and Construction contractors (“EPC”) across Canada. HBS has one of the most comprehensive offerings of rooftop solar mounting products in the market. The sale will result in NRG continuing to sell the HBS rooftop racking systems throughout the Canadian market and internationally.
March 27, 2018
Dodick & Associates completed the restructuring of Dr. Leora Laichter Dentistry Professional Corporation which provides dental services including dental implants, preventative dentistry and cosmetic dentistry in Vaughan, Ontario. Following the restructuring, the business has continued to operate successfully and experience growth. The restructuring resulted in uninterrupted services to the dental practice’s customers.
March 21, 2018
Dodick & Associates obtains creditor and the Court’s approvals to restructure Dominion Regalia Limited (“Dominion”) and Muir Cap & Regalia Inc. (“Muir”), manufacturers of awards, apparel, custom manufactured swag, as well as military, police, and speciality caps and hats. Dominion and Muir were established in the 1870’s. Following receipt of these approvals, the businesses have been operating successfully, have experienced growth and continue to employ over 20 people.
November 21, 2017
Dodick & Associates obtains creditor and the Court’s approvals to restructure Active Security Enterprises, a licensed security guard, and parking control service provider at private and public locations across the Greater Toronto Area. Following receipt of these approvals, the business has been operating successfully, has experienced growth and continues to employ over 50 people.
February 28, 2017
Dodick & Associates completes the sale of the assets of Web Offset Publications Limited (“Web”), a printer of trade publications, to Renaissance Printing Inc., a company jointly owned by Annex Publishing & Printing Inc. (“Annex”) and Reliable Bookbinders Ltd. Annex is Canada’s largest privately held media company. The sale will result in the continued operation of Web’s 200,000 sqf printing facility, maintain 90 manufacturing jobs, and create new investment, in Pickering, Ontario.
November 29, 2016
Dodick & Associates completes the sale of the assets of Newstart Financial Inc. and Newstart Acceptance Inc., which provided automobile, and micro loan, financing to over 670 customers in the subprime market, to 9467971 Canada Inc. (“946”), a newly incorporated company owned by a group of private individuals. The sale will result in the continued financing to 1,000 subprime borrowers.
May 24, 2016
Dodick & Associates obtains creditor and the Court’s approvals to restructure Elliott Underground, a horizontal tunneling/boring services firm which operates throughout the Greater Toronto Area. Following receipt of these approvals, the business has been operating successfully and has experienced growth.
March 27, 2015
Dodick & Associates completes the sale of the assets of True North Hardwood Plywood Inc. (“True North”) to Rockshield Engineered Wood Products ULC (“Rockshield”), a wholly owned subsidiary of Rockshield Capital Corp. (CSE: RKS). The sale will result in the re-start of True North’s 150,000 sqf hardwood plywood manufacturing facility, create over 100 new manufacturing jobs, and invest millions of dollars, in Cochrane, Ontario and the surrounding communities. Rockshield will commence plywood production in April 2015 and will distribute its plywood products to markets in Canada and the United States. Rockshield’s plywood products will be used in furniture and cabinetry, commercial millwork, wall paneling, stair parts, manufactured housing, and doors.
November 21, 2014
Dodick & Associates completes the sale of all the assets of Mitomics Inc. (“Mitomics”) to MDNA Life Sciences Inc. (“MDNA”). Mitomics is a molecular diagnostic company engaged in research, development and implementation of medical tests and devices for the early detection of cancers. Mitomics has numerous patent registrations and patents pending in Canada, the United States, and in other jurisdictions, as well as various other trade secrets, know-how and intellectual property rights. The sale will result in MDNA continuing to make investments in the research and development of medical tests and devices for the early detection of cancers.