Proceedings.

AYR Wellness Inc.

Follow
Closed
Proceeding
CCAACompanies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
File
S-258584
Filings held29
Last activity13 Jul 2026
On the record308 days
OverviewSummary updated

AYR Wellness Inc. remains under CCAA protection in the Supreme Court of British Columbia at Vancouver, court file S-258584. The Initial Order of November 17, 2025 stayed proceedings to November 27, 2025, appointed KSV Restructuring Inc. as Monitor, and granted a $250,000 Administration Charge ranking first and a $500,000 Directors' Charge ranking second. The proceedings are directed at an orderly liquidation and wind-down of the Petitioner's remaining assets in Canada, while its subsidiaries conduct the UCC Sale and related state-level liquidation processes contemplated under the RSA. A claims process approved on January 15, 2026 set a claims bar date of March 16, 2026. The Monitor, now AlixPartners Restructuring Inc., has reported cumulative receipts of CAD 2,344,000, cash on hand of CAD 112,000, and fees of CAD 259,301.38 for itself and CAD 315,562.54 for Cassels from commencement to June 30, 2026.

Claims processIf you are owed money

The claims bar date has passed — claims were due by

ContactKSV Restructuring Inc. · Ross Graham · rgraham@ksvadvisory.com · 587.287.2750

Per the Claims Process Instruction Letter dated January 26, 2026 dated 26 January 2026.

Proceedings AIAsk this case — answers cite the filings
Ask in plain language. The answer comes only from this case’s filings, each one cited.
Enter to send · Shift+Enter for a new line
Case updates30 dated entries
#Report

Fourth Report: Monitor reported on the Petitioner's negotiation of the Listing Agreement and advancement of UCC Sale milestones, with liquidation of redundant assets including the Texas Property and the Remaining Asset Transfers left before CCAA termination.

Source: Fourth Report of the Monitor filed July 8, 2026

27 earlier updates, back to 17 November 2025 subscribers.

Parties

Debtor

AYR Wellness Inc.

Monitor

KSV

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice WalkerSupreme Court of British Columbia5 orders, Nov 2025 – Jul 202623 cases on record

Counsel of record

PartyCounselFirst seenSource
MonitorKSVCassels Brock & Blackwell LLP31 Mar 2026Service list · 31 Mar 2026
ApplicantAYR Wellness IncDla Piper LLP31 Mar 2026Service list · 31 Mar 2026
CreditorAd Hoc Committee of Senior NoteholdersGoodmans LLP · Paul Hastings LLP31 Mar 2026Service list · 31 Mar 2026
CreditorRobert JFasken Martineau DuMoulin LLP31 Mar 2026Service list · 31 Mar 2026
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
Court-ordered chargesDirectors' Charge — Second — Directors’ Charge (to the maximum amount of $500,000)$500KInitial Order dated November 17, 2025

13 more claims across lower-ranking classes

Subscribe

Already a subscriber? Sign in.

RecoveriesAs stated in the filings

Senior Noteholders: shortfall.Notice of Application filed July 2, 20206 · 2 Jul 2020

ClassCreditorClaimsRecoveryBasisSource
UnsecuredSenior Noteholdersshortfallper the debtorNotice of Application filed July 2, 20206 · 2 Jul 2020

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

Fees and ratesAs stated in the filings

9 engagements · 4 firmslatest: (firm not named), 24 Jul 2025 – 30 Jun 2026Affidavit of Noah Goldstein sworn July 10, 2026 · 10 Jul 2026

FirmPeriodHoursFeesRatesSource
(firm not named)capacity not statedfirm not named in the heading24 Jul 2025 – 30 Jun 2026•••1 personAffidavit of Noah Goldstein sworn July 10, 2026 · 10 Jul 2026
AlixPartners Restructuring, Inc.Monitorperiod 2 of 21 May – 30 Jun 2026•••••••••4 peopleAffidavit of Noah Goldstein sworn July 10, 2026 · 10 Jul 2026
AlixPartners Restructuring, Inc.Monitorperiod 1 of 2Alix Fee Approval Period•••Fourth Report of the Monitor filed July 8, 2026 · 8 Jul 2026
Cassels Brock & Blackwell LLPCounsel to the monitorperiod 2 of 3to 30 Jun 2026Sought•••••••••Affidavit #1 of Joseph Bellissimo made July 7, 2026 · 7 Jul 2026
Cassels Brock & Blackwell LLPCounsel to the monitorperiod 1 of 3to 31 May 2026•••not statedAffidavit #1 of Joseph Bellissimo made July 7, 2026 · 7 Jul 2026
Cassels Brock & Blackwell LLPCounsel to the monitorperiod 1 of 3Cassels Fee Approval Period•••••••••8 peopleFourth Report of the Monitor filed July 8, 2026 · 8 Jul 2026
KSV Restructuring Inc.Monitorperiod 3 of 3to 30 Apr 2026•••••••••3 peopleAffidavit of Noah Goldstein sworn July 10, 2026 · 10 Jul 2026
KSV Restructuring Inc.Monitorperiod 2 of 3to 31 Mar 2026•••••••••3 peopleAffidavit of Noah Goldstein sworn July 10, 2026 · 10 Jul 2026
KSV Restructuring Inc.Monitorperiod 1 of 3to 30 Nov 2025•••••••••3 peopleAffidavit of Noah Goldstein sworn July 10, 2026 · 10 Jul 2026

128 stated figures across 9 engagements, each sourced

Subscribe

Already a subscriber? Sign in.

Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Cumulative receipts

$2.34M

As at 13 Jan 2026Second Report of the Monitor filed January 13, 2026

2 more reported figures, as at 13 Jan 2026

Subscribe

Already a subscriber? Sign in.

Documents
29 filings
DateDocumentFile
Distribution, Discharge & Termination Order filed July 13, 2026
  • Commencement date 14 November 2025
  • Court Supreme Court of British Columbia, Vancouver Registry
  • Debtor names AYR Wellness Inc.
  • Monitor AlixPartners Restructuring Inc. (formerly KSV Restructuring Inc.)
  • + 3 more extracted facts
PDF · Subscribers
Affidavit of Noah Goldstein sworn July 10, 2026
PDF · Subscribers
Fourth Report of the Monitor filed July 8, 2026
  • Operational summary Since the Third Report, the Monitor and the Petitioner corresponded with legal counsel, management, Ankura and stakeholders; reviewed and commented on materials and the proposed Listing Agreement; the Petitioner advanced UCC Sale milestones and negotiated the Listing Agreement; remaining activities include liquidating redundant assets such as the Texas Property and completing the Remaining Asset Transfers before CCAA termination.
  • Cash on hand · Fee schedule · Professional fees Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Affidavit #1 of Joseph Bellissimo made July 7, 2026
PDF · Subscribers
Affidavit #2 of Blake Holzgrafe filed July 2, 2026PDF · Subscribers
Stay Extension Order filed June 15, 2026
  • Court Supreme Court of British Columbia
  • Debtor names Ayr Wellness Inc.
  • Monitor AlixPartners Restructuring Inc. (formerly KSV Restructuring Inc.)
  • Monitor representative Vicki Tickle
  • + 4 more extracted facts
PDF · Subscribers
Third Report of the Monitor dated June 10, 2026
  • Operational summary The principal purpose of these CCAA proceedings is to provide for a stabilized environment that allows the Petitioner to complete the orderly liquidation and wind-down of its remaining assets in Canada, while the Subsidiaries conduct the UCC Sale and related state-level liquidation processes contemplated under the RSA.
  • Cash on hand · Professional fees · Receipts cumulative Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Notice of Application filed June 9, 2026PDF · Subscribers
Service List as of March 31, 2026
  • Counsel Paul Hastings LLP
PDF · Subscribers
Claims Process Instruction Letter dated January 26, 2026
  • Claims bar date 16 March 2026
  • Claims contact Firm: KSV Restructuring Inc. · Email: rgraham@ksvadvisory.com · Phone: 587.287.2750 · Address: Suite 1165, 324 8th Avenue SW Calgary, AB T2P 2Z2 · Attention: Ross Graham
  • Order date 15 January 2026
PDF · Subscribers
AYR - Notice of DisputePDF · Subscribers
D&O Claims Process Order filed January 15, 2026
  • Claims bar date 16 March 2026
  • Claims contact Firm: KSV Restructuring Inc. · Email: rgraham@ksvadvisory.com · Phone: 587.287.2750 · Address: Suite 1165, 324 – 8th Avenue SW, Calgary, AB T2P 2Z2 · Attention: Ross Graham
  • Commencement date 17 November 2025
  • Court Supreme Court of British Columbia
  • + 4 more extracted facts
PDF · Subscribers
Stay Extension Order filed January 15, 2026
  • Court Supreme Court of British Columbia
  • Debtor names AYR WELLNESS INC.
  • Monitor KSV Restructuring Inc.
  • Monitor representative Vicki Tickle
  • + 4 more extracted facts
PDF · Subscribers
Second Report of the Monitor filed January 13, 2026
  • Operational summary Since the First Report, the Monitor corresponded with the Petitioner's legal counsel, management, Ankura and its own counsel regarding all aspects of the CCAA proceedings, reviewed CRA correspondence regarding an international tax audit, reviewed and commented on the Claims Process, monitored the Petitioner's receipts and disbursements against the filed cash flow statement, reviewed and commented on materials filed in support of relief, and prepared this Second Report.
  • Cash on hand · Professional fees · Receipts cumulative Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Notice of Application (Stay Extension & Claims Process) filed January 12, 2026PDF · Subscribers
Application Record Index (Stay Extension & Claims Process) filed January 9, 2026PDF · Subscribers
Book of Authorities (Stay Extension & Claims Process) filed January 9, 2026PDF · Subscribers
Amended and Restated Initial Order dated November 25, 2025
  • Order date 25 November 2025
  • Stay expiry 20 February 2026
PDF · Subscribers
First Report of the Monitor filed November 21, 2025
  • Commencement date 17 November 2025
  • Court Supreme Court of British Columbia
  • Court file no S-258584
  • Cash on hand Subscribers
  • + 10 more extracted facts
PDF · Subscribers
Pre-Filing Report of the Proposed Monitor filed November 21, 2025
PDF · Subscribers
CCAA Notice to Creditors dated November 20, 2025PDF · Subscribers
Notice of Application re ARIO dated November 20, 2025PDF · Subscribers
AYR - Blank Proof of Claim FormPDF · Subscribers
Initial Order dated November 17, 2025
  • Court Supreme Court of British Columbia, Vancouver Registry
  • Court file no S-258584
  • Debtor names Ayr Wellness Inc.
  • Charges Subscribers
  • + 5 more extracted facts
PDF · Subscribers
Affidavit #1 of Blake Holzgrafe without Exhibits sworn November 14, 2025
PDF · Subscribers
List of Creditors as at November 14, 2025PDF · Subscribers
Notice of hearing dated November 14, 2025PDF · Subscribers
Petition to the Court dated November 14, 2025PDF · Subscribers
Notice of Application filed July 2, 20206
  • Recovery outcome Entries: per unstated · Table missing:
  • Financial position · Secured creditors Subscribers
PDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “AYR Wellness Inc.” (CCAA), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/ayr-wellness-inc

Sources last checked · summary updated 5 August 2026 · Report a correction · Printed from proceedings.ca/case/ayr-wellness-inc

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.