Frank Sheldon Kisluk and Frank S. Kisluk Limited — December 7, 2007

In the Matter of
Frank Sheldon Kisluk
Holder of a Trustee Licence
for the Province of Ontario
and
Frank S. Kisluk Limited
Holder of a Corporate Trustee Licence
for the Province of Ontario

Decision under the Bankruptcy and Insolvency Act In Respect of Professional Conduct

This is the second interim decision I have rendered in this file at the request of the parties.

It is based on a new joint submission by the parties, signed in November 2007, and attached hereto, consequent on the adjournment on October 2, 2007, at their request, of the hearing in Toronto of the trustee's application for an extension of the delays for him to perform the obligations assumed by him in the earlier joint submission which I had ratified on July 3, 2006.

Hopefully, the present decision may obviate the necessity for a hearing on the merits.

After careful consideration, and after hearing the parties at a telephone conference on December 7, 2007, I have concluded it would be appropriate and in the interest of justice for me to agree to their joint proposal.

I therefore ratify their joint submission, which is attached hereto to form an integral part hereof, for all legal purposes, declare it to be executory, and order them to conform thereto, under pain of all legal penalties.

I shall remain seized of the file for all purposes, in order to do whatever may be necessary in the future.

Montréal December 7, 2007

The Honourable Perry Meyer, Q.C.
Delegate of the Superintendent of Bankruptcy

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This document has been reproduced as submitted by the delegate of the Superintendent of Bankruptcy.