Ira Smith Trustee & Receiver Inc. ("ISI") was appointed, by Order of the Honourable Mr. Justice Campbell of the Ontario Superior Court of Justice (Commercial List) dated April 23, 2007, as Monitor of Stinson Hospitality Inc. ("SHI") and Dominion Club of Canada Corporation ("DCC").

By Order of the Honourable Mr. Justice Campbell dated June 7, 2007, the Monitor's appointment was expanded to also include The Suites at 1 King West Inc. and 2076564 Ontario Inc. ("Housekeeping") (collectively, all four entities are described as the "Companies").

By Order of the Honourable Madam Justice Pepall dated August 24, 2007, ISI was appointed Receiver and Manager over the assets, properties and undertakings of the Companies. By Order of the Honourable Madam Justice Pepall dated September 16, 2008, the Receiver was authorized to enter into an Asset Purchase Agreement with Toronto Standard Condominium Corporation No. 1703 for the purchase of the real and personal property comprising the hotel business assets. Effective December 1, 2008, the sale at a purchase price of $13.9 million was completed.

Receivership

Court Matters

Receiver's Reports to Court

Approvals

Notice and Statement of the Receiver

Monitor Appointment

Media



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