Forex Inc., Forex Amos Inc. & Wawa OSB Inc.

CCAA

^{Page last updated: January 17, 2024}

This page is for information purposes only and you should consult your professional adviser if you have any questions or are uncertain as to your rights or obligations.

Status of file as of January 15, 2024

On January 15, 2024, the Monitor has issued a Termination Certificate which certifies that all the matters to be attended to in connection with the CCAA proceedings have been completed and that these CCAA proceedings shall be terminated.

For more details, we refer you to the certificate dated January 15, 2024, available in the “Claims Procedure” section of this website.

Status of file as of January 10, 2024

On January 10, 2024, a Termination and Discharge Order was issued by the Superior Court of Québec.

For more details, we refer you to the order dated January 10, 2024, available in the “Court Motions and Order” section of this website.

Status of file as of October 23, 2023

On October 23, 2023, a Re-amended and Restated Initial Order was issued by the Superior Court of Québec, which, among other things, extended the stay of proceedings until December 1^st, 2023, inclusively. For more details, we refer you to the order dated October 23, 2023 available in the “Court Motions and Order” section of this website.

Status of file as of October 18, 2023

On October 18, 2023, a Final Distribution Order was issued by the Superior Court of Québec. An order extending the Stay Period of the Amended Initial Order until October 25, 2023 was also rendered. For more details, we refer you to the order dated October 18, 2023 as well as the minutes of the hearing held on October 18, 2023 available in the “Court Motions and Order” section of this website.

Status of file as of September 28, 2023

On September 28, 2023, an order extending the Stay Period of the Amended Initial Order until October 18, 2023 was issued by the Superior Court of Québec. For more details, we refer you to the order dated September 28, 2023 available in the “Court Motions and Order” section of this website.

Status of file as of July 28, 2023

On July 28, 2023, a Fourth Interim Distribution Order was issued by the Superior Court of Québec. An order extending the Stay Period of the Amended Initial Order until September 29, 2023 was rendered. For more details, we refer you to the orders dated July 28, 2023 available in the “Court Motions and Order” section of this website.

Status of file as of June 22, 2023

On June 22, 2023, a third Interim Distribution Order was issued by the Superior Court of Québec. For more details, we refer you to the order dated June 7, 2023 available in the “Court Motions and Order” section of this website.

Status of file as of June 7, 2023

On June 7, 2023, a second Interim Distribution Order was issued by the Superior Court of Québec. For more details, we refer you to the order dated June 7, 2023 available in the “Court Motions and Order” section of this website.

Status of file as of May 15, 2023

On May 15, 2023, the Superior Court of Quebec issued a Claims Procedure Order. For more information, we refer you to this order as well as all documents and forms related to the procedure available in the “Claims Procedure” section of this website.

An Interim Distribution Order was also issued on May 15, 2023 by the Superior Court of Québec. For more details, we refer you to the order dated May 15, 2023 available in the “Court Motions and Order” section of this website.

Status of file as of April 27, 2023

On April 27, 2023, the Superior Court of Quebec issued, for each of the Debtors, an Approval and Vesting Order approving the execution of the sale and purchase transaction of assets related to each of them. An order extending the Stay Period of the Amended Initial Order until July 28, 2023 was rendered. We refer you to the orders dated April 27, 2023 for more details.

Status of file as of March 14, 2023

On March 14, 2023, the Superior Court of Quebec issued an Approval and Vesting Order regarding the sale of certain forest road access rights and certain accessory measures. We refer you to the orders dated March 14, 2023 for more details.

Status of file as of February 20, 2023

On February 20, 2023, the Superior Court of Quebec issued an Amended and Restated Initial Order extending the stay period against the Debtors as well as their respective directors and officers until April 28, 2023 included.

On the same day, the Court authorized a sale and investment solicitation process and rendered a third order authorizing the partial lifting of the stay of proceedings. We refer you to the three Orders dated February 20, 2023 for more details.

Status of file as of February 13, 2023

On February 13, 2023, the Superior Court of Québec issued an order extending the duration of the Initial Order to February 20, 2023.

Status of file as of February 7, 2023

An initial order pursuant to the Companies’ Creditors Arrangement Act (“CCAA”) was rendered on February 7, 2023 by the Superior Court of Québec (the “Initial Order”) with respect to Forex Inc., Forex Amos Inc. and Wawa OSB Inc. (collectively the "Debtors").

The Initial Order provides for an initial stay of all proceedings against the Debtors as well as their respective directors and officers until February 17, 2023 and appoints PricewaterhouseCoopers Inc., LIT (Claudio Filippone, CPA, CIRP, LIT), as Monitor of the business and of the financial affairs of the Debtors.