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 a LIT puts estate files at risk. Conservatory measures may also be put in place if a LIT becomes ill or dies without a valid succession agreement. Finally, conservatory measures may be put in place if a LIT, for whatever reason, has allowed the administration of his or her practice to become substandard.
2010—Amended Directions for Conservatory Measures
2009—Amended Directions for Conservatory Measures
2009—Directions for Conservatory Measures
- Official Receiver—May 22, 2009
- Matthew Kyrytow—May 22, 2009
- Co-Signatories—May 22, 2009
- Canada Post—May 22, 2009