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CYMI Canada files NOI after Gordie Howe Bridge dispute and project losses trigger liquidity crisis

CYMI Canada files NOI after Gordie Howe Bridge dispute and project losses trigger liquidity crisis

Electrical and industrial infrastructure contractor enters BIA proposal process with roughly $24.4 million in listed creditor claims, led by intercompany debt and claims tied to a major cross-border infrastructure project

Dina Kovacevic
Dina Kovacevic
Recent filingsRecent filings
Seafood 2000 gets CCAA protection to keep PEI lobster processor operating through spring season

Seafood 2000 gets CCAA protection to keep PEI lobster processor operating through spring season

Georgetown lobster processor seeks to stabilize supply payments and working capital after failed refinancing efforts with FCC, NBC and alternative lenders

Dina Kovacevic
Dina Kovacevic
Recent filingsRecent filings
PLANTA’s Toronto restaurant operators placed into receivership

PLANTA’s Toronto restaurant operators placed into receivership

Fuller Landau appointed over CHG and Planta Queen, while requested relief against related guarantors was adjourned

Dina Kovacevic
Dina Kovacevic
Recent filingsRecent filings
Kingston Kelsey’s, Montana’s franchises use NOI to preserve sale after CRA threat

Kingston Kelsey’s, Montana’s franchises use NOI to preserve sale after CRA threat

Court extends proposal deadline to July 15 as restaurant operators pursue SISP built around pre-filing buyer and franchisor-approved stalking horse bid

Dina Kovacevic
Dina Kovacevic
Recent filingsRecent filings
Ecolomondo enters CCAA as tire-recycling plant runs out of capital

Ecolomondo enters CCAA as tire-recycling plant runs out of capital

Cleantech group seeks SISP after EDC-backed Hawkesbury facility faces equipment failures, liquidity crisis and failed $500,000 funding condition

Dina Kovacevic
Dina Kovacevic
Recent filingsRecent filings
Bitcoin Depot's Chapter 11 recognized in Canada as crypto ATM operator pursues wind-down

Bitcoin Depot's Chapter 11 recognized in Canada as crypto ATM operator pursues wind-down

Ontario order recognizes US proceedings as foreign main proceeding, extends Canadian stay and supports liquidation of Canadian operations tied to 300 kiosks

Dina Kovacevic
Dina Kovacevic
Recent filingsRecent filings
Lion Force placed into receivership after court rejects last-minute CCAA bid

Lion Force placed into receivership after court rejects last-minute CCAA bid

Ontario court appoints Fuller Landau over Brampton trucking group after RBC says defaults, unpaid drivers, tax arrears, cancelled EDC insurance and scattered equipment left no confidence in management-led restructuring

Dina Kovacevic
Dina Kovacevic
Recent filingsRecent filings
First Brands’ Canadian aftermarket units collapse into bankruptcy

First Brands’ Canadian aftermarket units collapse into bankruptcy

Hopkins Canada and FRAM Canada made BIA assignments after no viable sale emerged for the relevant business lines and group operations were set to cease

Dina Kovacevic
Dina Kovacevic
Recent filingsRecent filings
BIC Fund placed into receivership after church deposits allegedly poured into insider-linked investment

BIC Fund placed into receivership after church deposits allegedly poured into insider-linked investment

Ontario Court appoints PwC over faith-based not-for-profit fund with about $12 million in deposit liabilities, only $0.057 million in reported cash and hundreds of depositors facing an uncertain recovery

Dina Kovacevic
Dina Kovacevic
Recent filingsRecent filings
EBF obtains CCAA protection after court grants initial stay over receivership

EBF obtains CCAA protection after court grants initial stay over receivership

Ontario court grants non-bank lender an initial stay, appoints MNP as monitor, and leaves competing secured creditor priority disputes to a court-supervised process

Dina Kovacevic
Dina Kovacevic
Recent filingsRecent filings
Baffinland enters CCAA as arctic fuel window raises stakes for Nunavut mine

Baffinland enters CCAA as arctic fuel window raises stakes for Nunavut mine

Mary River Mine group granted stay after rejecting a secured noteholder adjournment bid, with DIP financing, critical supplier relief and a restructuring process expected at the comeback hearing

Dina Kovacevic
Dina Kovacevic
Recent filingsRecent filings
Mara Technologies Group placed into receivership amid liquidity crisis

Mara Technologies Group placed into receivership amid liquidity crisis

Companies suffer from strained relationship with largest customer and impact of tariffs

Dina Kovacevic
Dina Kovacevic