Page last updated: September 1, 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.
On August 26, 2024, the Court issued the SISP Approval, Stay Extension and Charges Approval Order which, among other things:
On August 22, 2024, the Proposal Trustee filed its First Report with the Court (the “First Report”) to provide the Court with information on:
On August 13, 2024, (the "Filing Date"), Wholly Veggie Inc. (the “Company”) filed a Notice of Intention to Make a Proposal (“NOI”) pursuant to Section 50.4(1) of the Bankruptcy and Insolvency Act (Canada) (“BIA”) and PricewaterhouseCoopers Inc., LIT (“PwC”) was named as the Licensed Insolvency Trustee under the NOI (the “Proposal Trustee”).
As a result of the filing of the NOI, all creditors are stayed from commencing or continuing any proceedings against the Company. The Company has a period of 30 days to file their proposal with the Proposal Trustee pursuant to the provisions of the BIA (the “Stay Period”), subject to any extensions of the Stay Period that the Court may grant upon application by the Company.
The Notice of the NOI and the Proposal Trustee’s appointment will be mailed to all known creditors of the Company in accordance with the provisions of the BIA.
This page is for information purposes only and you should consult your professional adviser.
This page is for information purposes only and you should consult your professional adviser.
This page is for information purposes only and you should consult your professional adviser.
This page is for information purposes only and you should consult your professional adviser.