What is a conservatory measure?
The Superintendent of Bankruptcy puts in place conservatory measures when a bankruptcy or insolvency estate needs protection. It might be in cases of Licensed Insolvency Trustee (LIT) malfeasance or if serious wrongdoing on the part of an LIT puts estate files at risk. Conservatory measures may also be put in place if an LIT becomes ill or dies without a valid succession agreement. Finally, conservatory measures may be put in place if an LIT , for whatever reason, has allowed the administration of his or her practice to become substandard.
Conservatory Measures Delegates New
Pursuant to subsection 14.01(2) of the Bankruptcy and Insolvency Act (BIA), the Superintendent may delegate by written instrument any or all of their powers, duties and functions under section 14.03 of the BIA . The following individuals have been delegated under subsection 14.01(2):
- Alain Langlois
- Kirti Manek
- Samra Rabie
- Sergio Ciardullo
- Spencer Lee
- Zaeed Buksh
The conservatory measures delegations will remain in force until revoked by the Superintendent.
St -Georges, Jean-Guy (2010)
St -Georges, Jean-Guy (2003, 2006)
J. Lukca & Associés inc. (John Lukca)
J. Lukca & Associés inc. (Rochelle Pont Budd)