Directive No. 8R16, The Bankruptcy and Insolvency Act Forms, Directive No. 34, The Bankruptcy and Insolvency Act Licensing Forms, and Directive No. 25R, Realization of Estate Assets

December 7, 2015

The Office of the Superintendent of Bankruptcy (OSB) has issued Directive No. 8R16, The Bankruptcy and Insolvency Act Forms, Directive No. 34, The Bankruptcy and Insolvency Act Licensing Forms, and Directive No. 25R, Realization of Estate Assets, as a result of Directive No. 33, Trustee Designation and Advertising.

In keeping with the requirement of Directive No. 33, the signature blocks in the Bankruptcy and Insolvency Act Forms are amended, where required, to replace the term “trustee” with the professional designation “Licensed Insolvency Trustee,” and Forms 2, 3, 4 and 5 related to trustee licensing have been amended, where required, to replace the term “trustee” with the professional designation “Licensed Insolvency Trustee.”