BZAM
- Proceeding
- CCAACCAA
- Court
- Ontario Superior Court of Justice · Commercial List
- File
- CV-24-00715773-00CL
- Industry
- Cannabis · Cannabis producers
BZAM has been the subject of a proceeding in the Ontario Superior Court of Justice, under court file CV-24-00715773-00CL, commenced on February 28, 2024 with an initial order made that day. The proceeding is recorded under the Bankruptcy and Insolvency Act and is carried on the Commercial List. The record before this page contains no further steps after the initial order, and the file is now shown as closed.
A claims procedure has been established — see the order for deadlines.
Report of the Trustee on Preliminary Administration for the First Meeting of Creditors — Court officer report
Aide Memoire of BZAM Ltd. (Case Conference on August 7, 2024) — Application / notice of application
Aide Memoire of BZAM Ltd. (Case Conference on May 6, 2024) — Application / notice of application
Aide Memoire of Final Bell Holdings International Ltd. (Re Cortland Request to Schedule Threshold Meta-Motion) — Application / notice of application
Aide Memoire of Final Bell Holdings International Ltd. (Scheduling Appointment Returnable May 6, 2024 at 2 PM) — Application / notice of application
Aide Memoire of the Applicants (Case Conference on March 19, 2024) — Application / notice of application
Compendium of Final Bell Holdings International Ltd. (Cortland Motion for Partial Summary Judgement Returnable September 18, 2024) — Application / notice of application
Costs Outline of Final Bell Holdings International Ltd. (Cortland Motion for Partial Summary Judgement, returnable September 18, 2024) — Application / notice of application
Motion Record of BZAM Ltd. (Motion for Security for Costs) — Application / notice of application
Motion Record of Cortland Credit Lending Corporation (Motion for Security for Costs) — Application / notice of application
Motion Record of Cortland Credit Lending Corporation (Threshold Legal Issue re Cortland Priority) — Application / notice of application
Motion Record of Final Bell Holdings International Ltd. — Application / notice of application
Oral Compendium of Cortland Credit Lending Corporation (Threshold Legal Issue re Cortland Priority) — Application / notice of application
Reply Factum of Cortland Credit Lending Corporation (Motion for Security for Costs) — Application / notice of application
Reply Factum of the Moving Party, BZAM Ltd. (Motion for Security for Costs) — Application / notice of application
Reply Motion Record of BZAM Ltd. (Motion for Security for Costs) — Application / notice of application
Reply Motion Record of Cortland Credit Lending Corporation (Motion for Security for Costs) — Application / notice of application
Responding Factum of Final Bell Holdings International Inc. (BZAM Motion for Security for Costs) — Application / notice of application
Responding Factum of Final Bell Holdings International Inc. (Cortland Motion for Security for Costs) — Application / notice of application
Responding Motion Record of Cortland Credit Lending Corporation (Order Rescinding Share Exchange Agreement) — Response / objection pleading
Responding Motion Record of Final Bell (Cortland Motion for Partial Summary Judgement Returnable September 18, 2024) - Volume 1 — Application / notice of application
Responding Motion Record of Final Bell (Cortland Motion for Partial Summary Judgement Returnable September 18, 2024) - Volume 2 — Application / notice of application
Responding Motion Record of Final Bell Holdings International Ltd. (Motions for Security for Costs) (Volume 1) — Response / objection pleading
Responding Motion Record of Final Bell Holdings International Ltd. (Motions for Security for Costs) (Volume 2) — Response / objection pleading
Supplementary Transcript Brief of Final Bell Holdings International Ltd. — Response / objection pleading
Written Opening Statement of the Claimant, Final Bell Holdings International Ltd. (Summary Trial Returnable April 22 and 23, 2024) — Response / objection pleading
The court approved a sale and investment solicitation process. A phase 1 deadline of 2024-04-08. A bid deadline of 2024-04-29.
Source: SISP Approval Order
Initial order made Wednesday, February 28, 2024, opening the proceeding against BZAM in the Ontario Superior Court of Justice under file CV-24-00715773-00CL.
Source: Initial Order
Undated filings4 — no date appears on the document · show
Debtor
BZAM
Monitor
FTI
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Osborne | Ontario Superior Court of Justice | 12 orders, Feb 2024 – Jul 2025 | 168 cases on record |
| Justice Conway | Ontario Superior Court of Justice | 2 orders, Dec 2024 | 310 cases on record |
| Justice Penny | Ontario Superior Court of Justice | 2 orders, Aug 2024 | 196 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorFTI | Stikeman Elliott LLP · Bennett Jones LLP | 8 Mar 2024 | Factum · 8 Jan 2025 |
| ApplicantBZAM | Bennett Jones LLP | 28 Feb 2024 | Order · 28 Feb 2024 |
| CreditorCortland Credit Lending Corporation | Cassels Brock & Blackwell LLP | 8 Jan 2025 | Application · 8 Jan 2025 |
| CreditorFinal Bell Holdings International Ltd | Lax O'Sullivan Lisus Gottlieb LLP · Stikeman Elliott LLP | 8 Jan 2025 | Order · 8 Jan 2025 |
| CreditorFrance Boisvert and Daniel Fontaine | Brazeau Seller LLP | 8 Jan 2025 | Application · 8 Jan 2025 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Deemed trusts (CRA and other) | Minister of National Revenue / Canada Revenue Agencyas of prior to February 28, 2024 — deemed trust - unremitted source deductions — Referred to in the Approval and Vesting Order as the 'Source Debt' - source deduction deemed trust debt owing by the Company prior to February 28, 2024; expressly carved out from the Company's release of pre-February 28, 2024 tax liabilities, i.e. survives the transaction. Quasi-governmental deemed-trust class claim. — debtor: BZAM Management Inc. (the Company) | $60K | Affidavit of Jamie Ernst (sworn October 14, 2024) |
Unsecured creditors: no distribution.EstimatedReport of the Trustee on Preliminary Administration for the First… · 31 Oct 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | Cortland Credit Lending Corporation | — | paid in full | Estimatedper the monitor | Tenth Report of the Monitor · 13 May 2025 |
| Unsecured | — | — | no distribution | Estimatedper the trustee | Report of the Trustee on Preliminary Administration for the First… · 31 Oct 2025 |
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.
1 engagement · 1 firm — Lax O'Sullivan Lisus Gottlieb LLP, soughtCosts Outline of Final Bell Holdings International Ltd. (Cortland… · 8 Jan 2025
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Lax O'Sullivan Lisus Gottlieb LLPCounsel | —Sought | — | 2 people | Costs Outline of Final Bell Holdings International Ltd. (Cortland… · 8 Jan 2025 | |
9 blurred figures above
What the firm billed, and each person’s hours and rate — each as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
| Termination Certificate | PDF · Subscribers | |
Report of the Trustee on Preliminary Administration for the First Meeting of Creditors
| PDF · Subscribers | |
| Form 68 - Notice of Bankruptcy, First Meeting of Creditors | PDF · Subscribers | |
| Notice to Creditors Cover Letter | PDF · Subscribers | |
| Form 19 - Certificate of Appointment | PDF · Subscribers | |
| Form 78 - Statement of Affairs | PDF · Subscribers | |
| Monitor's Certificate | PDF · Subscribers | |
Approval and Reverse Vesting Order and Subscription Agreement Amending Order
| PDF · Subscribers | |
Endorsement of Justice P. Osborne
| PDF · Subscribers | |
| Eleventh Report of the Monitor | PDF · Subscribers | |
| Factum of the Applicants (Returnable July 30, 2025) | PDF · Subscribers | |
| Motion Record (Returnable July 30, 2025) | PDF · Subscribers | |
Approval and Reverse Vesting Order (Stalking Horse Transaction)
| PDF · Subscribers | |
CCAA Termination Order
| PDF · Subscribers | |
| Factum of the Applicants (Returnable May 15, 2025) | PDF · Subscribers | |
Tenth Report of the Monitor
| PDF · Subscribers | |
| Motion Record (Returnable May 15, 2025) | PDF · Subscribers | |
Order (Stay Extension)
| PDF · Subscribers | |
| Factum of the Applicants (Returnable March 27, 2025) | PDF · Subscribers | |
| Ninth Report of the Monitor | PDF · Subscribers | |
| Motion Record (Returnable March 27, 2025) | PDF · Subscribers | |
Ancillary Order
| PDF · Subscribers | |
Approval and Vesting Order
| PDF · Subscribers | |
| Factum of the Applicants (Returnable January 13, 2025) | PDF · Subscribers | |
| Eighth Report of the Monitor | PDF · Subscribers | |
Affidavit of Jamie Ernst (sworn October 14, 2024)
| PDF · Subscribers | |
| Affidavit of Matthew Milich (Sworn February 28, 2024) | PDF · Subscribers | |
| Aide Memoire of BZAM Ltd. (Case Conference on August 7, 2024) | PDF · Subscribers | |
| Aide Memoire of BZAM Ltd. (Case Conference on May 6, 2024) | PDF · Subscribers | |
| Aide Memoire of Cortland Credit Lending Corporation | PDF · Subscribers | |
| Aide Memoire of Cortland Credit Lending Corporation (Re Scheduling Threshold Motion Re Cortland Priority) | PDF · Subscribers | |
Aide Memoire of FTI Consulting Canada Inc., in its Capacity as Monitor
| PDF · Subscribers | |
| Aide Memoire of Final Bell Holdings International Ltd. | PDF · Subscribers | |
| Aide Memoire of Final Bell Holdings International Ltd. (August 7, 2024 Case Conference seeking Directions) | PDF · Subscribers | |
| Aide Memoire of Final Bell Holdings International Ltd. (Re Cortland Request to Schedule Threshold Meta-Motion) | PDF · Subscribers | |
Aide Memoire of Final Bell Holdings International Ltd. (Scheduling Appointment Returnable May 6, 2024 at 2 PM)
| PDF · Subscribers | |
| Aide Memoire of the Applicants (Case Conference on March 19, 2024) | PDF · Subscribers | |
Aide Memoire of the Monitor
| PDF · Subscribers | |
Amended Notice of Motion (Order Rescinding Share Exchange Agreement)
| PDF · Subscribers | |
Amended and Restated Initial Order (Draft)
| PDF · Subscribers | |
Amended and Restated Initial Order (Redline)
| PDF · Subscribers | |
| Bill of Costs of Cortland Credit Lending Corporation | PDF · Subscribers | |
| Brief of Excerpts from Authorities of Final Bell Holdings International Ltd. | PDF · Subscribers | |
Brief of Orders and Endorsements
| PDF · Subscribers | |
| Compendium of Final Bell Holdings International Ltd. (Cortland Motion for Partial Summary Judgement Returnable September 18, 2024) | PDF · Subscribers | |
Costs Outline of Final Bell Holdings International Ltd. (Cortland Motion for Partial Summary Judgement, returnable September 18, 2024)
| PDF · Subscribers | |
| DIP Facility Agreement | PDF · Subscribers | |
Factum of Cortland Credit Lending Corporation
| PDF · Subscribers | |
Factum of Cortland Credit Lending Corporation (Threshold Legal Issue re Cortland Priority)
| PDF · Subscribers | |
| Factum of the Applicants (CCAA Application) | PDF · Subscribers | |
| Factum of the Applicants (Returnable August 26, 2024) | PDF · Subscribers | |
| Factum of the Applicants (Returnable December 2, 2024) | PDF · Subscribers | |
| Factum of the Applicants (Returnable July 15, 2024) | PDF · Subscribers | |
| Factum of the Applicants (Returnable March 8, 2024) | PDF · Subscribers | |
| Factum of the Applicants (Returnable May 17, 2024) | PDF · Subscribers | |
| Factum of the Applicants (Returnable October 15, 2024) | PDF · Subscribers | |
Factum of the Moving Party, BZAM Ltd
| PDF · Subscribers | |
Further Amended Notice of Motion (Order Re Share Exchange Agreement)
| PDF · Subscribers | |
Initial Order (Draft)
| PDF · Subscribers | |
| Motion Record (Returnable August 26, 2024) | PDF · Subscribers | |
| Motion Record (Returnable December 2, 2024) | PDF · Subscribers | |
| Motion Record (Returnable January 13, 2025) | PDF · Subscribers | |
| Motion Record (Returnable July 15, 2024) | PDF · Subscribers | |
| Motion Record (Returnable March 8, 2024) | PDF · Subscribers | |
| Motion Record (Returnable May 17, 2024) | PDF · Subscribers | |
| Motion Record (Returnable October 15, 2024) | PDF · Subscribers | |
| Motion Record of BZAM Ltd. (Motion for Security for Costs) | PDF · Subscribers | |
| Motion Record of Cortland Credit Lending Corporation (Motion for Security for Costs) | PDF · Subscribers | |
| Motion Record of Cortland Credit Lending Corporation (Threshold Legal Issue re Cortland Priority) | PDF · Subscribers | |
| Motion Record of Final Bell Holdings International Ltd. | PDF · Subscribers | |
Notice of Application
| PDF · Subscribers | |
Notice of Motion
| PDF · Subscribers | |
Oral Compendium of Cortland Credit Lending Corporation (Threshold Legal Issue re Cortland Priority)
| PDF · Subscribers | |
Reply Factum of Cortland Credit Lending Corporation (Motion for Security for Costs)
| PDF · Subscribers | |
Reply Factum of Cortland Credit Lending Corporation (Threshold Legal Issue re Cortland Priority)
| PDF · Subscribers | |
| Reply Factum of the Moving Party, BZAM Ltd. (Motion for Security for Costs) | PDF · Subscribers | |
| Reply Motion Record | PDF · Subscribers | |
| Reply Motion Record of BZAM Ltd. (Motion for Security for Costs) | PDF · Subscribers | |
Reply Motion Record of Cortland Credit Lending Corporation (Motion for Security for Costs)
| PDF · Subscribers | |
| Responding Factum of Final Bell Holdings International Inc. (BZAM Motion for Security for Costs) | PDF · Subscribers | |
| Responding Factum of Final Bell Holdings International Inc. (Cortland Motion for Security for Costs) | PDF · Subscribers | |
| Responding Motion Record of Cortland Credit Lending Corporation (Order Rescinding Share Exchange Agreement) | PDF · Subscribers | |
| Responding Motion Record of Final Bell (Cortland Motion for Partial Summary Judgement Returnable September 18, 2024) - Volume 1 | PDF · Subscribers | |
| Responding Motion Record of Final Bell (Cortland Motion for Partial Summary Judgement Returnable September 18, 2024) - Volume 2 | PDF · Subscribers | |
| Responding Motion Record of Final Bell Holdings International Ltd. (Motions for Security for Costs) (Volume 1) | PDF · Subscribers | |
| Responding Motion Record of Final Bell Holdings International Ltd. (Motions for Security for Costs) (Volume 2) | PDF · Subscribers | |
| Responding Record | PDF · Subscribers | |
Second Further Amended Notice of Motion (Order Re Share Exchange Agreement)
| PDF · Subscribers | |
| Supplementary Transcript Brief of Final Bell Holdings International Ltd. | PDF · Subscribers | |
| Supplementary Written Opening Statement of the Claimant, Final Bell Holdings International Ltd. (Summary Trial Returnable April 22 and 23, 2024) | PDF · Subscribers | |
| Written Opening Statement of the Claimant, Final Bell Holdings International Ltd. (Summary Trial Returnable April 22 and 23, 2024) | PDF · Subscribers | |
Endorsement of Justice Conway
| PDF · Subscribers | |
Order
| PDF · Subscribers | |
| Supplement to the Seventh Report | PDF · Subscribers | |
| Seventh Report of the Monitor | PDF · Subscribers | |
| Sixth Report of the Monitor | PDF · Subscribers | |
Endorsement of Justice Penny
| PDF · Subscribers | |
Stay Extension and Fee Approval Order
| PDF · Subscribers | |
| Fifth Report of the Monitor | PDF · Subscribers | |
Stay Extension Order
| PDF · Subscribers | |
| Fourth Report of the Monitor | PDF · Subscribers | |
| Third Report of the Monitor | PDF · Subscribers | |
| Second Report of the Monitor | PDF · Subscribers | |
| Teaser | PDF · Subscribers | |
Amended and Restated Initial Order
| PDF · Subscribers | |
SISP Approval Order
| PDF · Subscribers | |
SISP Procedures
| PDF · Subscribers | |
| First Report of the Monitor | PDF · Subscribers | |
| Frequently Asked Questions ( "FAQs" ) | PDF · Subscribers | |
Initial Order
| PDF · Subscribers | |
| List of Known Creditors | PDF · Subscribers | |
| Notice to Creditors | PDF · Subscribers | |
Pre-Filing Report of the Proposed Monitor
| PDF · Subscribers | |
| Consolidated Listing of Creditors | PDF · Subscribers | |
| Form 31 - Proof of Claim | PDF · Subscribers | |
| Form 36 - Proxy | PDF · Subscribers | |
| Proof of Claim Checklist | 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., “BZAM” (CCAA), Ontario Superior Court of Justice · Commercial List. Retrieved 4 November 2026, https://proceedings.ca/case/bzam