Current Engagements

Penta Farm Systems Ltd. & Penta One Limited

The Court Appointed Receiver and Trustee in Bankruptcy of Penta Farm Systems Ltd. ("Penta Farm") and Penta One Limited ("Penta One") (collectively "the Companies")

Penta One and Penta Farm filed voluntary assignments in bankruptcy on June 8, 2007. At the first meeting of creditors held on June 27, 2007, the creditors of the Companies substituted and appointed A. Farber & Partners Inc. ("Farbers" or "Trustee") as trustee in bankruptcy of the estates of the Companies. Pursuant to the Order of the Honourable Mr. Justice Heeney of the Superior Court of Justice (Ontario) dated August 1, 2007, Farbers was appointed receiver and manager of the property and assets of the Companies.

Pursuant to the Order of the Honourable Mr. Justice Jenkins of the Superior Court of Justice (Ontario) dated September 11, 2007, Farbers was also appointed receiver and manager of the property and assets of Penta TMR Incorporated ("TMR"). The Order in respect of TMR was subsequently rescinded by Mr. Justice Tausendfreund of the Superior Court of Justice (Ontario) at a hearing held on September 24, 2007, which also resulted in the Court approving the sale of the property and assets of the Companies. TMR and another numbered company then purchased the property and assets of Penta Farm and Penta One, except for a single property comprising land and buildings. It should be noted that TMR is free to continue its business activities and is not the subject of any proceedings under the Bankruptcy and Insolvency Act.

The purpose of this website address is to provide documents to any interested persons regarding the Receiverships and Bankruptcies. The documents listed below are in PDF format and can be viewed and downloaded.

Court Materials