Ritchies Auction House Ordered Into Bankruptcy

“The troubled Toronto-based Ritchies Auctioneers has been pushed into bankruptcy by its landlord, who is claiming the 42-year-old company is indebted to her for nearly $131,000.” Court documents say Ritchies owes its one secured creditor about $300,000, while unsecured claims total “at least $1.5-million.”