Red Zoo in receivership
Red Zoo in receivership
The Fruit & Vegetable Dispute Resolution Corp., based in Ottawa, ON, issued a notice to its members June 9 advising that Deloitte & Touche Inc. in Windsor, ON, has been appointed receiver of Red Zoo Marketing, headquartered in Kingsville, ON.
Fred Webber, vice president of trading assistance at the DRC, told The Produce News that under Canadian law, receivership is much like a bankruptcy in the United States.
Fred Webber, vice president of trading assistance at the DRC, told The Produce News that under Canadian law, receivership is much like a bankruptcy in the United States.