By an Order of the Honourable Madam Justice Kimmel of the Ontario Superior Court of Justice (Commercial List) with the effective date of April 19, 2023, signed and entered on May 29, 2023 (the “Appointing Order“), B. Riley Farber Inc. (“B. Riley Farber“) was appointed receiver (the “Receiver“), without security, of all the assets, undertakings and properties of (1) DMCC Management 1, Inc., a corporation incorporated in Ontario (the “Administrator” or “DMCC CA“), (2) DMCC Management 1, Inc., a corporation incorporated in Florida (the “General Partner” or “DMCC US“), and (3) DMCC Americas Inc. (“DMCC Americas“)(collectively, the “Debtors“), pursuant to section 101 of the Courts of Justice Act, R.S.O. 1990 c. C.43, as amended (the “CJA“).
As disclosed in the Receiver’s First Report dated July 6, 2023, without knowledge of the Court, the Receiver or the Plaintiffs, on May 23, 2023, Chapter 11, subchapter 5 proceedings were commenced in Florida by the following DMCC Entities:
i) DMCC Americas Inc.;
ii) DMCC Management 1, LLC;
iii) DMCC 450 Charles Court, LLC; and
iv) DMCC 7347 Ridge Road, LLC
On November 14, 2023, the United States Bankruptcy Court dismissed the Chapter 11 cases for DMCC 450 Charles Court, LLC and DMCC 7347 Ridge Road, LLC and copies of these orders can be found below.
Relevant documents can be found below.
For creditor enquiries, please contact:
Corporate Insolvency Administrator | Restructuring
E: [email protected]
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.
Ontario Court Orders
United States Court Orders