Law360 reported in a recent article that Canadian information technology company, Xchange Technology Group, was ordered into receivership last week by an Ontario court. The company and several of its affiliates then sought Chapter 15 bankruptcy protection in Delaware, in order to protect their U.S. assets while intending to put together a stalking horse sale.

Mary F. Caloway was noted in the article titled “Xchange Technology Group Seeks Chapter 15 in Delaware,” for her representation of the court-appointed receiver, Duff & Phelps Canada Restructuring Inc. Kathleen Murphy is also assisting in the case.

Read the full article here.