September 29, 2020

Filing Type:

Company Counsel: Weisz Fell Kour

Trustee: Crowe Soberman

Trustee Counsel: Chaitons



JMX Contracting Inc., JMX Leasing Inc., JMX National Inc. and BRND Properties Inc. (the "JMX Group"), which are part of a corporate group in the business of environmental contracting and construction services in Ontario, had their NOI proceedings continued under the CCAA on September 29. The JMX Group owed RBC approximately $4.4 million at the time of the NOI filings on April 17 and 20. Aside from its indebtedness to RBC, the JMX Group's current financial difficulties are largely attributable to the breakdown of two demolition projects with Ontario Power Generation ("OPG") and ASNA Robson Landmark Developments Limited ("ASNA"), which are the subject of ongoing litigation in Ontario and British Columbia. The CCAA proceedings will allow the JMX Group the flexibility to deal with remaining issues without adhering to the 6-month timeline imposed on NOI proceedings. During these CCAA proceedings, the JMX Group will be receiving up to $1.0 million in DIP financing from JMX Environmental Inc., BRND Properties Inc., and Dahl Demolition Corp. Crowe Soberman was appointed monitor. Counsel is Weisz Fell Kour for JMX Group, Chaitons for the monitor, Blakes for OPG, and Boughton Law for ASNA.