Recent filings

Alberta Montessori childcare group placed under interim receivership

AlixPartners will control cash, monitor operations and pursue potential asset sales while existing management continues running the childcare centres

Alberta Court approves Fallon Energy receivership and reverse vesting transaction

Senior lender 3994856 Canada Inc. will acquire the shut-in heavy-oil producer through a share transaction, while creditor claims and residual assets move to a court-supervised trust

Quebec Court places Lachute quarry companies in interim receivership

KPMG appointed after Mareva order froze bank accounts and seized inventory, threatening an immediate shutdown of quarry operations tied to more than $15.5 million in reported liabilities

Fiera places MTE Logistix into CCAA with $46.3 million owed

Western Canadian warehouse operator obtains $3.5 million in initial financing and a stay through July 30 as Fiera prepares a stalking horse credit bid and court-supervised sale process

Baiocchi Ventures placed in receivership over Toronto and Orono properties

Alterna is owed approximately $9.85 million following the collapse of principal tenant Daymak and months of missed mortgage payments

Bold Canine placed in interim receivership after landlord lockout

Kensington seeks conversion to a full receivership and an expedited sale of the Ontario raw pet food manufacturer after advancing emergency funding to preserve its operations

ClearPier companies placed into receivership as $84 million receivables balance questioned

Grant Thornton is seeking authority to examine management after receiving few books and records, while customer responses and BMO’s review have raised concerns about financial information supplied before the appointment

AlixPartners appointed receiver of Nova Ridge’s Manderley condo project

Court-supervised process will market 69 remaining Toronto units after sales slowed, lender debt exceeded $30 million and construction liens accumulated

Cannabis producer Blizza Brands files NOI amid CRA licence dispute

London, Ontario cultivator seeks to preserve its regulatory licences and evaluate restructuring options after tax enforcement froze its operating accounts and disrupted production

TDB Restructuring appointed over Dundalk, Melancthon and Beeton properties after debt to Dorr Capital rose above $29 million

RBC launches creditor-led CCAA for Premier Health staffing group

Court-supervised process will finalize an expedited sale effort for the cash-flow-negative healthcare staffing business, which owes approximately $45.3 million to secured lenders

Entourage Health enters CCAA for cannabis wind-down and sale process

Ontario court grants creditor-led filing as cannabis producer winds down its adult-use operations and prepares an expedited sale process backed by a $1.1 million DIP facility