Staged receivership for Manney Transport Group

Conflicting asset values and evolving sale proposals complicate restructuring of trucking and affiliated businesses

Arctic Canadian Diamond, Burgundy obtain CCAA protection amid market collapse

Ekati Mine operator cites liquidity crisis, tariff-driven price collapse, and mounting reclamation obligations as it pursues sale process and interim financing

Everwood Project builder obtains DIP financing to complete Phase I and stabilize townhouse community project

Developer secures $2.4 million interim financing and launches claims process to complete Phase I and address lien claims

Westcan Cedar Grove Villages Project placed into receivership

KSV appointed over Port Elgin development after repeated loan extensions and maturity defaults

Finova Financing placed into receivership with $31.7 million in liabilities

MNP appointed as receiver, while Access Credit Leasing will assist with lease portfolio monetization plan

Groupe Buko enters CCAA with pre-negotiated dental clinic sale to 123Dentiste

Multi-clinic Quebec dental group obtains court protection to implement asset sales and orderly wind-down amid debt service pressures and declining profitability

Beerlicious bankruptcy leaves $2 million hole for vendors, other creditors

Event marketing operator behind Toronto Festival of Beer collapses after pandemic shock and structural demand shift

Montreal's Festival Mural saved through pre-pack sale to Multicolore

Mural and LNDMRK launch NOI proceedings following declining revenues

Brightpath Capital placed into receivership following failed CBCA restructuring

KSV appointed over mortgage lender’s distressed portfolio following prolonged defaults, abandoned CBCA plan, and breakdown of forbearance

Court Confirms Jurisdiction to Grant Liability Shields for Court Officers for Distributions

Do You Have an Automatic Right of Appeal? It Depends on Who You Ask.

Canadian Insolvency: Key Developments and Emerging Trends