https://www.richter.ca/insolvencycase/boutique-le-pentagone-inc/. Unlike Chapter 11, no new bankruptcy estate is created upon a CCAA filing and the CCAA does not allow a debtor company to make an electronic filing to obtain a skeletal stay of proceedings and then subsequently obtain “first day” relief. Big Sky Farms Inc., Drycast Systems Inc. and Big Sky Management Consulting Corp. https://relieffromdebt.ca/brute-force-oil-field-hauling-inc/. Laricina Energy Ltd., Laricina GP Holding Ltd., 1276158 Alberta Inc. http://www.alvarezandmarsal.com/comark-inc/, http://www.insolvencies.deloitte.ca/en-ca/Pages/Maudore-Minerals-Ltd.aspx. Armtec Infrastructure Inc., Armtec Holdings Limited, Durisol Consulting Services Inc., Armtec US Limited, Inc. and Armtec Limited Partner Corp. https://www.grantthornton.ca/en/service/advisory/creditor-updates/#Shoreline-Energy-Corp. Labrador Iron Mines Holdings Limited, Labrador Iron Mines Limited, and Schefferville Mines Inc. https://www.ksvadvisory.com/insolvency-cases/case/labrador-iron-mines-holdings-limited. Osler, Hoskin & Harcourt LLP 3834310 Canada Inc. and Le Groupe Capitales Médias Inc. North American Fur Auctions Inc., North American Fur Producers Inc., NAFA Properties Inc., NAFA Properties (US) Inc., 3306319 Nova Scotia Limited, NAFA Properties Stoughton LLC, North American Fur Auctions (US) Inc., NAFPRO LLC (Wisconsin LLC), NAFA Europe Co-Operatief UA, NAFA Europe B.V., Daikoku SP.Z OO, and NAFA Polska SP.Z OO, https://www.insolvencies.deloitte.ca/en-ca/pages/NorthAmericanFurAuctionInc.aspx. Altus Energy Services Ltd. and Nusco Northern Manufacturing Ltd. http://www.insolvencies.deloitte.ca/en-ca/Pages/TerreStar%20Networks%20Inc_%20.aspx?searchpage=Search-Insolvencies.aspx, https://documentcentre.eycan.com/Pages/Main.aspx?SID=160, http://www.insolvencies.deloitte.ca/en-ca/Pages/Compania%20. www.insolvencies.deloitte.ca/en-ca/Pages/Medican-Group-of-Companies.aspx? As part of its filing under the CCAA, FIGR has obtained a Debtor in Possession ("DIP") loan facility from another Pyxus subsidiary to support FIGR and fund its operations through the CCAA … RICHTER ADVISORY GROUP INC / RICHTER GROUPE CONSEIL INC. ... CCAA filing 2020-12-02. If a class of creditors or the Court does not approve the Plan, the company does not automatically go into bankruptcy, but the Stay is lifted. Below is a list of all companies that have been granted protection under the Companies' Creditors Arrangement Act (CCAA) since September 18, 2009.The CCAA is a federal law allowing insolvent corporations that owe their creditors in excess of $5 million to restructure their business and financial affairs. The CCAA is restricted to larger corporations, as a corporation must have amounts owing to creditors in excess of $5 million to be eligible to use the Act. 1112-1124 Capital Corp., 20/20 Capital Corp., 411 Ltd., 534 Capital Corp., 550 Capital Corp., 744 (2011) Capital Corp., 808 Capital Corp., 926 Capital Corp., Airdrie Gateway Block 2 Capital Corp., Airways Business Plaza Capital Corp., Aura Capital Corp., Avenida Village Ltd., Blackfoot Centre Ltd., Bonavista Square Ltd., Center Street GP Ltd., Centre 1000 Capital Corp., Centre Eleven Capital Corp., Centro 2102 Capital Corp., Deerfoot 17 Corp., Deerfoot Court (2011) Capital Corp., First Street Plaza GP Ltd., Glenmore Commerce Court Capital Corp., Inglewood 9th Avenue GP Ltd., Kensington Building Capital Corp., Louise Block Capital Corp., Macleod Place Ltd., Mayfield Capital Corp., Mission Centre Inc., Airdrie Creekside Capital Corp., Torode Strategic 1129 GP Ltd., One Six Capital Corp., Parallel Centre Ltd., Paramount Building Ltd., Parkwood/Eastgate Capital Corp., Pegasus Business Park Ltd., Stony Plain Capital Corp., Petro Fina Capital Corp., Petro West Ltd., Place 9-6 Ltd., Shelbourne Place Ltd., Stella Place Capital Corp., Strategic Centre Ltd., Sundance Place Ltd., Sundance Place II Ltd., Sunpark Place Ltd., Airdrie Gateway Block 3 Capital Corp., Wesley Church Building Inc., Willow Park Capital Corp., 411 Capital Corp., 1445122 Alberta Ltd., 1220 Kensington Road Corp., Macleod Place Holding Corp. AgMedica Bioscience Inc., 2472602 Ontario Inc., 2642466 Ontario Inc., 8895309 Canada Inc., Wellworth Health Corp., 8050678 Canada Inc., 8326851 Canada Inc., Tavivat Naturals Inc., Worldwide Beverage Innovations Inc., Unique Beverages (USA) Inc., and Eseela Inc. Wayland Group Corp., Maricann Inc. and Nanoleaf Technologies Inc. 9348069 Canada Inc., 4295862 Canada Inc., Motovan Corporation, Moncy Holding Company Inc., Moncy Financial Services Company Inc., Nichols Motorcycle Supply Inc., Moncy LLC and Motorcycle Tires & Accessories LLC, Tli Cho Landtran Transport Ltd., 1456998 Alberta Ltd., 1456982 Alberta Ltd. and Ventures West Limited Partnership, Clover Leaf Holdings Company, Connors Bros. Clover Leaf Seafoods Company, K.C.R. The stated purpose of the CCAA and Chapter 11 filings was to stabilize Nortel’s business in order to maximize the chances of preserving all or a portion of the enterprise, but this hope soon evaporated; Nortel assets worldwide have since been sold piece-by-piece for a total of approximately US$7.3 billion. Pacific Exploration & Production Corporation, Pacific E&P Holdings Corp., Meta Petroleum Corp., Pacific Stratus International Energy Ltd., Pacific Stratus Energy Colombia Corp., Pacific Stratus Energy S.A., Pacific Off Shore Peru S.R.L., Pacific Rubiales Guatemala S.A., Pacific Guatemala Energy Corp., PRE-PSIE Coöperatief U.A., Petrominerales Colombia Corp. and Grupo C&C Energia (Barbados) Ltd. http://cfcanada.fticonsulting.com/firstonsite, Sanjel Corporation, Sanjel Canada Ltd., Terracor Group Ltd., Suretech Group Ltd., Suretech Completions Canada Ltd., Sanjel Energy Services (USA) Inc., Sanjel (USA) Inc., Suretech Completions (USA) Inc., Sanjel Capital (USA) Inc., Terracor (USA) Inc., Terracor Resources (USA) Inc., Terracor Logistics (USA) Inc., Sanjel Middle East Ltd., Sanjel Latin America Limited and Sanjel Energy Services DMCC, www.richter.ca/en/folder/insolvency-cases/0-9/7098961-canada-inc. Quicksilver Resources Canada Inc., 0942065 B.C. Ltd. Argent Energy Trust, Argent Energy (Canada) Holdings Inc. and Argent Energy (US) Holdings Inc. https://documentcentre.eycan.com/Pages/Main.aspx?SID=363. Creditloans Canada Financing Inc. and Creditloans Canada Capital Inc. On September 30, 2020, an Order (the “CCAA Initial Order”) was granted by the Honourable Madam Justice Shelly Fitzpatrick of the Supreme Court of British Columbia (the “Court”) pursuant to the Companies' Creditors Arrangement Act (the “CCAA”) granting Creditloans Canada Financing Inc. (“Financing Inc.”) and Creditloans Canada … litwinboyadjian.net/info.aspx?n=Carmen International Inc. MBAC Fertilizer Corp., MBAC Opportunities and Financing Inc., MBAC International Holdings Cooperative U.A. Once a company has been granted CCAA protection, the Court enters an Initial Order establishing what is known as a ‘Stay of Proceedings’, which prevents creditors from taking action … Capital Corp. Kolsy Homes Ltd. And Rivairo Capital Corporation, https://www.bowragroup.com/kolsy-homes-ltd. BioAmber Sarnia Inc., BioAmber Canada Inc., BioAmber Inc. PURCELL BASIN MINERALS INC., BUL RIVER MINERAL CORPORATION, GALLOWAI METAL MINING CORPORATION, GRAND MINERAL CORPORATION, JAO MINE DEVELOPERS LTD., and STANFIELD MINING GROUP OF CANADA LTD. http://mnpdebt.ca/en/corporate/Engagements/Purcell-Basin-Minerals-Inc, https://www.ksvadvisory.com/insolvency-cases/case/discovery-air, http://lemieuxnoletsyndic.com/societe-en-commandite-tilly-de-laval-et-promotions-anne-delisle-inc/, http://cfcanada.fticonsulting.com/Dundee/, Banro Corporation, Banro Group (Barbados) Limited, Banro Congo (Barbados) Limited, Namoya (Barbados) Limited, Lugushwa (Barbados) Limited, Twangiza (Barbados) Limited, Kamituga (Barbados) Limited, http://www.insolvencies.deloitte.ca/en-ca/Pages/Coppersandslandcorp.aspx. Inc. (formerly known as Gymboree, Inc.) 7737734 Canada inc. – Proposition 8318085 Canada Inc. 9227-1584 Quebec Inc. and 9336-9262 Quebec Inc. A-1 Asphalt Maintenance Ltd. Abacan Resource Corporation Acculink Fence and Wire Aero Inventory (Canada) Inc. Vanguard Shipping (Great Lakes) Ltd. and Vanship Ltd. Aveos Fleet Performance Inc. and Aero Technical US Inc. https://www.richter.ca/insolvencycase/ct-paiement-inc/, https://www.alvarezandmarsal.com/arctic-glacier-income-fund-arctic-glacier-inc-and-subsidiaries. In the most recent decision on this issue, the Quebec Superior Court (Court) ruled that a debtor undergoing a restructuring under the Companies’ Creditors Arrangement Act (Canada) (CCAA) should not be relieved of its obligation to pay post-filing rent, even in circumstances where its ability to use the leased premises is constrained by governmental orders. The cases were filed after Health Canada discovered illicit cultivation at CannTrust's Pelham, Ont., greenhouse and seized cannabis from its unlicensed rooms in July 2019. — CannTrust Holdings Inc. is staging a comeback more than a year after its licences were suspended for illegally growing thousands of kilograms of dried … Parties agreed to settle litigation by way of CCAA Plan of Arrangement. Les Grands Travaux Soter Inc., Les Constructions Marc Lussier Inc., 9063-0757 Québec Inc. https://www.raymondchabot.com/en/public-records/les-grands-travaux-soter-inc/, www.raymondchabot.com/dossiers-publics/9 323-7055 quebec-inc/. COGI Limited Partnership and Canadian Oil & Gas International Inc. Magasin Laura (P.V.) North Korea's Kim urges stronger military capabilities as party congress ends. Subscribe to the RSS feed to receive a notification when a company have been granted protection under the CCAA. Parties agreed to settle litigation by way of CCAA Plan of Arrangement. While it appears that the pace of CCAA filings may have slowed down from the 27 in Q2, there could be increased filings in Q4 and into 2021, as struggling businesses may have been hoping to hang on through the holiday season. The Plan will outline the procedures for dealing with disputed claims. The debtor can identify a particular creditor or group of creditors as "unaffected." The Proof of Claim sets out what is owed to the creditor and is reviewed by the Monitor and the company. CanaSea PetroGas Group Holdings Limited, CanaSea Oil and Gas Group Pte. Stornoway Diamond Corporation, Ashton Mining of Canada Inc., FCDC Sales and Marketing inc., Stornoway Diamonds (Canada) Inc. https://www.insolvencies.deloitte.ca/stornoway. www.insolvencies.deloitte.ca/en-ca/Pages/CanaseaGroup.aspx. Parties agreed to settle litigation by way of CCAA Plan of Arrangement. To the left of the line graph is a summary of CCAA filings by province for the most recent quarter, the first quarter of 2020, British Columbia had 3 filings (27%), Quebec had 2 filings (18%), Ontario had 5 filings (45%), and Saskatchewan had 1 filing (10%). Typically, when the shareholders of the company are impacted by the Plan of Arrangement, they are often given the opportunity to vote on the Plan. During the CCAA proceedings, it is expected that ordinary course obligations to employees and key suppliers of goods and services subsequent to the filing date will continue to be met. Bluberi Jeux et Technologies Inc. / Bluberi Gaming Technologies Inc., Bluberi Group Inc., Bluberi USA, Inc. Crailar Technologies Inc., Crailar Inc., Hemptown USA Inc., 0697872 B.C. 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