Proceedings.

CannTrust Holdings Inc, CannTrust Inc, CTI Holdings (Osoyoos) Inc, and Elmcliffe Investments Inc

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Closed
Proceeding
CCAACCAA
Filings held250
Last activity28 Nov 2022
On the record2,365 days

Early record. This matter is tracked from the court registry; its linked filings are the record, and extracted facts will appear here as its documents are processed. Still to come: a written summary; the stage tracker; capital structure; assets; estate financials; the sale process.

Claims processIf you are owed money

A claims procedure has been established — see the order for deadlines.

Per the CannTrust - Claims Procedure Order (revised ) dated 8 May 2020.

Case updates250 dated entries
#Order

OrderOrder (other)

#Claims

ProxyMeeting materials

#Filing

FactumFactum / brief

#Filing

THIS MOTION, made by CannTrust Holdings Inc. (“CannTrust Holdings”), CannTrust Inc. (“CannTrust Opco”) and Elmcliffe Investments Inc. (“Elmcliffe” and, together with CannTrust Holdings and CannTrust Opco, the “CannTrust Applicants”) pursuant to the Companies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended (the “CCAA”) for an order, among other things: (a) approving the transactions (the “Transaction”) contemplated under (i) the subscription agreements (the “Subscription Agreements”) to be entered into between CannTrust Equity Inc. (“CannTrust Equity”, together with CannTrust Holdings and CannTrust Opco, the “CannTrust Transaction Parties”), as issuer, and each of Marshall Fields International B.V (the “Investor”) and Daniel Koehn, Andrew Peppin, Jeffrey Zietlow and Greg Guyatt (collectively, the “Individual Investors”), as investors, substantially in the forms appended as Exhibit “C” to the Affidavit of Greg Guyatt sworn February 18, 2022 (the “Guyatt Affidavit”); and (ii) a unanimous shareholder agreement (the “USA”) between CannTrust Holdings, CannTrust Equity, the Investor and the Individual Investors, reflecting the terms set forth in Schedule A-2 to the Subscription Agreements; (b) authorizing and approving the Assignments from CannTrust Holdings to CannTrust Equity; (c) authorizing borrowing under the Investor DIP (defined below) and granting the Investor DIP Charge (defined below); (d) approving certain ancillary relief relating to the termination of the CCAA Proceedings; and (e) extending the Stay Period (as defined below), was heard this day by way of judicial video conference via Zoom in Toronto, Ontario due to the COVID-19 pandemicApplication / notice of application

#Report

The purpose of the Eighteenth Report is to provide a report to the Court in respect of the following: the proposed transaction (the “Transaction”) contemplated under: the subscription agreements (the “Subscription Agreements”) to be entered into between CannTrust Equity Inc. (“CannTrust Equity”, together with CannTrust Holdings and CannTrust Opco, the “CannTrust Transaction Parties”), as issuer, and each of Marshall Fields International B.V., (the “Investor”), and Daniel Koehn, Andrew Peppin, Jeffrey Zietlow and Greg Guyatt (collectively, the “Individual Investors”), as investors; and a unanimous shareholder agreement (the “USA”) to be entered into between CannTrust Holdings and CannTrust Equity, the Investor and the Individual Investors, reflecting the terms described in a schedule to the Subscription Agreements; the interim financing and exit credit facility (the “Investor DIP Loan”) agreed to be provided by the Investor, Daniel Koehn, and Andrew Peppin, as lenders, to CannTrust Holdings, CannTrust Equity, CannTrust Opco and Elmcliffe (the “Borrowers”); the termination of the CCAA Proceedings; details of the Applicants’ receipts and disbursements for the period from January 17, 2022, to February 13, 2022, compared to the cash flow forecast appended as Appendix “D” to the Seventeenth Report; details of the Applicants’ cash flow forecast for the period from February 14, 2022, to April 3, 2022; and the Monitor’s recommendation in respect of the Applicants’ motion for an order, among other things: approving the Transaction; authorizing and approving the Intercompany Assignments (defined in the Eighteenth Report); authorizing the Borrowers to obtain and borrow under the Investor DIP Loan; granting a charge over the Borrowers property in respect of the borrowings under the Investor DIP Loan (the “Investor DIP Charge”); directing the Monitor to serve and file the Monitor’s Closing Certificate (defined in the Eighteenth Report); amending the Monitor’s Discharge Certificate as attached to the Sanction Order; sealing the subscription price of the Subscription Agreement and the summary of the letters of intentions received in the current solicitation process; and extending the Stay Period to and including the earlier of the Closing Effective Time (defined in the Eighteenth Report) and March 25, 2022Court officer certificate

#Report

The purpose of this first report of the Monitor (the “First Report”) is to provide information to the Court on: the Applicants’ operations and communications with the stakeholders since the granting of the Initial Order; the Monitor’s activities since its appointment; the Applicants’ receipts and disbursements for the period from March 31, 2020 to April 5, 2020 compared to the cash flow forecast appended as Appendix “A” (the “Initial Cash Flow Forecast”) to EY’s report written in its capacity as the proposed Monitor dated March 31, 2020 (the “Pre-Filing Report”); the Applicants’ updated weekly cash flow forecast from April 6, 2020 to July 5, 2020, on a consolidated basis for all the Applicants (the “Cash Flow Forecast”); the Applicants’ motion for an order (the “Proposed Amended and Restated Initial Order”) substantially in the form attached to the Supplementary Application Record of the Applicants dated April 6, 2020, among other things: extending the Stay Period to July 5, 2020; increasing the maximum amount of each of the Administration Charge, the Directors’ Charge and the Intercompany Charge, as defined in the Initial Order; approving the execution of the engagement letter of Greenhill & Co. Canada Ltd. (the “Financial Advisor Engagement Letter”) and appointment of the Greenhill & Co as financial advisor (the “Financial Advisor”) and the terms within the Financial Advisor Engagement Letter; approving the Transaction Fee Charge, as defined herein; approving the Key Employee Retention Plan (the “KERP”), the KERP Charge and sealing the KERP Summary; and approving payment by the Applicants of pre-filing debts to Critical Suppliers, as defined herein, with the approval of the MonitorCourt officer report

Parties

Debtor

CannTrust Holdings Inc, CannTrust Inc, CTI Holdings (Osoyoos) Inc, and Elmcliffe Investments Inc

Monitor

EY

RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Documents
250 filings
DateDocumentFile
EndorsementTrustee site
OrderTrustee site
Factum of CannTrust Holdings IncTrustee site
Second Report of the Proposal TrusteeTrustee site
Blackline of (Second) Revised Proposal to Revised Proposal of November 3, 2022Trustee site
Motion Record, returnable November 28, 2022 - Part 1 of 2Trustee site
Motion Record, returnable November 28, 2022 - Part 2 of 2Trustee site
Revised Proposal of CannTrust (Second Revision)Trustee site
Blackline of Revised Proposal to Original ProposalTrustee site
Revised Proposal of CannTrust HoldingsTrustee site
Proof of ClaimTrustee site
ProxyTrustee site
Report of the Trustee on the ProposalTrustee site
Voting LetterTrustee site
Certificate of Filing - 31-2875614Trustee site
Proposal of CannTrust Holdings IncTrustee site
AGM Deadline Extension Order dated July 7, 2022Trustee site
Draft OrderTrustee site
Endorsement of Justice Penny dated July 7, 2022Trustee site
Redline of Draft OrderTrustee site
Brief of AuthoritiesTrustee site
FactumTrustee site
Motion Record (Re : AGM Extension), returnable July 7, 2022Trustee site
Monitor's Certificate - Cannatrek Option Shares, dated May 11, 2022Trustee site
Endorsement of Justice Cavanagh dated April 14, 2022Trustee site
Lift Stay Order, dated April 14, 2022Trustee site
Monitor's confirmation of the closing of the Transaction as of March 11, 2022 at 5:00 PM ESTTrustee site
Supplementary motion record of the Applicant regarding Justice Conway not granting the sealing order with respect to the Confidential Exhibit "1" to the Guyatt AffidavitTrustee site
Endorsement of Justice Conway regarding Applicants' motion record dated February 18, 2022Trustee site
THIS MOTION, made by CannTrust Holdings Inc. (“CannTrust Holdings”), CannTrust Inc. (“CannTrust Opco”) and Elmcliffe Investments Inc. (“Elmcliffe” and, together with CannTrust Holdings and CannTrust Opco, the “CannTrust Applicants”) pursuant to the Companies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended (the “CCAA”) for an order, among other things: (a) approving the transactions (the “Transaction”) contemplated under (i) the subscription agreements (the “Subscription Agreements”) to be entered into between CannTrust Equity Inc. (“CannTrust Equity”, together with CannTrust Holdings and CannTrust Opco, the “CannTrust Transaction Parties”), as issuer, and each of Marshall Fields International B.V (the “Investor”) and Daniel Koehn, Andrew Peppin, Jeffrey Zietlow and Greg Guyatt (collectively, the “Individual Investors”), as investors, substantially in the forms appended as Exhibit “C” to the Affidavit of Greg Guyatt sworn February 18, 2022 (the “Guyatt Affidavit”); and (ii) a unanimous shareholder agreement (the “USA”) between CannTrust Holdings, CannTrust Equity, the Investor and the Individual Investors, reflecting the terms set forth in Schedule A-2 to the Subscription Agreements; (b) authorizing and approving the Assignments from CannTrust Holdings to CannTrust Equity; (c) authorizing borrowing under the Investor DIP (defined below) and granting the Investor DIP Charge (defined below); (d) approving certain ancillary relief relating to the termination of the CCAA Proceedings; and (e) extending the Stay Period (as defined below), was heard this day by way of judicial video conference via Zoom in Toronto, Ontario due to the COVID-19 pandemicTrustee site
Amended Draft Order (Investment Approval) - Applicants - 24 Feb 2022Trustee site
Blackline - Amended Draft Order (Investment Approval) - Applicants - 24 Feb 2022Trustee site
Factum of the Applicants regarding the approval of the proposed transaction and related reliefTrustee site
The purpose of the Eighteenth Report is to provide a report to the Court in respect of the following: the proposed transaction (the “Transaction”) contemplated under: the subscription agreements (the “Subscription Agreements”) to be entered into between CannTrust Equity Inc. (“CannTrust Equity”, together with CannTrust Holdings and CannTrust Opco, the “CannTrust Transaction Parties”), as issuer, and each of Marshall Fields International B.V., (the “Investor”), and Daniel Koehn, Andrew Peppin, Jeffrey Zietlow and Greg Guyatt (collectively, the “Individual Investors”), as investors; and a unanimous shareholder agreement (the “USA”) to be entered into between CannTrust Holdings and CannTrust Equity, the Investor and the Individual Investors, reflecting the terms described in a schedule to the Subscription Agreements; the interim financing and exit credit facility (the “Investor DIP Loan”) agreed to be provided by the Investor, Daniel Koehn, and Andrew Peppin, as lenders, to CannTrust Holdings, CannTrust Equity, CannTrust Opco and Elmcliffe (the “Borrowers”); the termination of the CCAA Proceedings; details of the Applicants’ receipts and disbursements for the period from January 17, 2022, to February 13, 2022, compared to the cash flow forecast appended as Appendix “D” to the Seventeenth Report; details of the Applicants’ cash flow forecast for the period from February 14, 2022, to April 3, 2022; and the Monitor’s recommendation in respect of the Applicants’ motion for an order, among other things: approving the Transaction; authorizing and approving the Intercompany Assignments (defined in the Eighteenth Report); authorizing the Borrowers to obtain and borrow under the Investor DIP Loan; granting a charge over the Borrowers property in respect of the borrowings under the Investor DIP Loan (the “Investor DIP Charge”); directing the Monitor to serve and file the Monitor’s Closing Certificate (defined in the Eighteenth Report); amending the Monitor’s Discharge Certificate as attached to the Sanction Order; sealing the subscription price of the Subscription Agreement and the summary of the letters of intentions received in the current solicitation process; and extending the Stay Period to and including the earlier of the Closing Effective Time (defined in the Eighteenth Report) and March 25, 2022Trustee site
Affidavit of F. Tayar, counsel for Consolidated Bottle CorporationTrustee site
Motion Record (Investment Approval Order) - Applicants - 18-FEB-2022 (2 of 3)Trustee site
Motion Record (Investment Approval Order) - Applicants - 18-FEB-2022 (3 of 3)Trustee site
Motion record for an order seeking, among other things: - Approval of the Transaction; - Intercompany assignment; - Interim financing and related charge; - Monitor closing and discharge certificate; and - Stay extension. Part 1 of 3Trustee site
Approval and vesting order for the sale of the Grey Wolf securitiesTrustee site
Approval and vesting order related to the sale of the Cannatrek interestTrustee site
Counsel slip and notes of Justice ConwayTrustee site
Factum of the Applicants related to the proposed stay extension and sale approvalsTrustee site
Stay extension order to February 28, 2022Trustee site
Factum of Consolidated Bottle CorporationTrustee site
The purpose of the Seventeenth Report is to provide an update on the CCAA proceedings, the proposed sale of Securities to Bloom Burton Investment, the proposed sale of Cannatrek Option Shares, details of the Applicants' receipts and disbursements, details of the cash flow forecast, the Monitor's recommendation in respect of the Applicants' motion for a Stay Extension, and approval of the sale of Securities and the Call Option AgreementTrustee site
This motion is for an order and direction that the Applicants pay $400,000 to Consolidated Bottle, pre-and-post judgement interst of indebtedness, allowing Consolidated Bottle to no longer be required to supply goods to the Applicants, alternatively ending the stay of proceedings against the Applicants, alternatively lifting the stay of proceedings for the benefit of Consolidated Bottle, setting aside the July 16, 2021 order sanctioning the Applicants' plan of arrangement, and costs of this motionTrustee site
The motion is for an order extending the Stay Period to February 28, 2022, approving two sale transactions of investments, and such other relief as counsel may request and this Honourable Court may allowTrustee site
CannTrust Plan Companies certifying that each of the Plan Implementation Conditions have been satisfied, the articles of reorganization of CannTrust Holdings have been filed, the effective time for the purposes of the CCAA Plan is 5:00pm on January 5, 2022Trustee site
Certificate confirming the Plan Implementation dateTrustee site
Blackline of the Order authorizing: the Aceto Settlement, the ABC Settlement, The ABC Settlement Supplement, the DIC Settlement, and the Abramowitz Settlement Supplement; the sealing of the confidential Affidavit of Serge Kalloghlian; the Trustees abilities to implement the settlements; Holding in trust for the Securities Claimants the cash contributions; appointing Epiq Class Action Services as Claims Administrator; the Claims Administrator at the direction of the Trustees, is authorized to disburse out of the Trust Account certain amounts; the Holdback not to exceed $10,000,000; Claims Administrator to distribute the Class Settlement Amount; approval of the Claim Form; the deadline for claims; notice to the Securities Claimants of filing procedures and deadlines; dissementation of the Notice; Claims Administrator is appointed to distribute the Notice; and no costs on this motionTrustee site
Endorsement regarding the motion for approval of the CCAA Canadian Representative Counsel's Fees and of Additional RSA's, notice and the Claims AdministratorTrustee site
Order approving the legal fees and disbursements o fLabaton Sucharow LLP, Levi & Korinsky LLP, Girard Sharp LLP and Gibbs Law GroupTrustee site
This Order authorizes: the Aceto Settlement, the ABC Settlement, The ABC Settlement Supplement, the DIC Settlement, and the Abramowitz Settlement Supplement; the sealing of the confidential Affidavit of Serge Kalloghlian; the Trustees abilities to implement the settlements; Holding in trust for the Securities Claimants the cash contributions; appointing Epiq Class Action Services as Claims Administrator; the Claims Administrator at the direction of the Trustees, is authorized to disburse out of the Trust Account certain amounts; the Holdback not to exceed $10,000,000; Claims Administrator to distribute the Class Settlement Amount; approval of the Claim Form; the deadline for claims; notice to the Securities Claimants of filing procedures and deadlines; dissementation of the Notice; Claims Administrator is appointed to distribute the Notice; and no costs on this motionTrustee site
Endorsement of Justice Pattillo approving relief requested, amending the Sanction Order, the Articles of Reorganization are approved, granting the Monitor enhanced powers, the KERP is amended and the stay is extended to January 31, 2022Trustee site
Redline order regarding approval of Articles of Reorganization, extending the stay period to January 31, 2022, ongoing CCAA relief, and certain plan implementation mattersTrustee site
The Monitor certifies the following: the Purchaser paid and the Vendor received the purchase price for the Purchased Assets; the terms and conditions to closing have been satisfied; the transaction is complete to the Monitor's satisfaction; and the certificate was delivered by the Monitor on December 16, 2021Trustee site
This order approves the Articles of Reorganization attached as Appendix "A". The Court declares each Insurer listed in Schedule E to the CCAA Plan and Peter Aceto has exeuted and delivered an additional RSA, the CCAA Saction Order satisfied the Plan Implementation Condition, CannTrust Holdings may make payments in respect of any claims with approval of the Monitor. The Court approves the ongoing CCAA relief, the Monitor's enhanced powers, the Stay Period to be extended to January 31, 2022, and the Monitor to accept the Late Claims as described in the Sixteenth ReportTrustee site
Factum and Book of Authorities of the CCAA U.S. RepresentativesTrustee site
Factum of the ApplicantsTrustee site
The supplement addresses: additional relief to facilitate implementation of the CCAA Plan; additional relief after implementation of the CCAA Plan; a revised Cash Flow Forecast; a revised proposed Stay Period; and the Monitor’s recommendation regarding the above amendments to the proposed Stay Extension, Ongoing CCAA Relief and Plan Implementation Matters OrderTrustee site
Book of authoritiesTrustee site
Factum of the CCAA Representatives (Additional RSAs, Notice, Claims Administration)Trustee site
Motion for an order approving the fees and disbursements of CCAA Representative CounselTrustee site
Motion is for: authorizing CCAA Representatives and Applicants to enter into settlement agreements totalling US$ 36,900,000.00; appointing Claims Administrator process; approving the form and method of disseminating notice to Securities Claimants of how to file claims for settlement proceeds and deadline; and, setting the amount of funds for HoldbackTrustee site
A motion for the relief to facilitate implementation of the fourth amended plan of compromise, granting ongoing CCAA relief, extending the stay period to January 31, 2022 and authorizing the Monitor to accept late claimsTrustee site
Motion for the fee approval of Labaton Sucharow LLP, Levi & Korsinsky LLP, Girard Sharp LLP and Gibbs Law GroupTrustee site
Fee ApprovalTrustee site
Fee approval of A. Dimitri Lascaris Law Professional Corporation, Hein Hutchison LLP, Kalloghlian Myers LLP, and Strosberg Sasso Sutts LLP; and such further and other relief as counsel may requestTrustee site
Motion for authorization: of the Applicants and CCAA Representatives to enter into the Aceto Settlement, the ABC Settlement, the ABC Settlement Supplement, the DIC Settlement, and the Abramowitz Settlement Supplement sealing the Confidential Affidavit of SErge Kalloghlian setting the amount of the Holdback defined in the Allocation and Distribution scheme authorizing the notice to securities claimants of the settlements and the claims filing procedure appointing and authorizing Epiq Class Action Services Canada IncTrustee site
The purpose of this report is an update on the CCAA Proceedings since the fourteenth report of the Monitor, the proposed articles of reorganization, the status of the Claims Process, details of the Applicant's receipts and disbursements, details of the Applicants' cash flow forecast, and the Monitor's recommendation in respect of the Applicants' motion for an order extending the stay period to the earlier of the Effective Time, and January 31, 2022, granting relief needed to facilitate the implementation of the Fourth A&R CCAA Plan, and authorizing the Monitor to accept the Specified Late ClaimsTrustee site
CannTrust service list dated December 1, 2021Trustee site
The motion is for an order granting relief to facilitate the implementation of the 4th amended and restated plan of compromise, extending the stay period to the earlier of the Effective Time and January 31, 2022, authorizing the Monitor to accept the Specified Late Claims as described in the Sixteenth Report of the MonitorTrustee site
Endorsement of Justice Penny regarding a scheduling appearance for December 17, 2021 at 2:00PMTrustee site
Approval of the sale of the 296th Avenue propertiesTrustee site
The purpose of this report is to report to the Court on: the contract of purchase and sale regarding the 296th Avenue Sale Agreement; and, the Monitors recommendation regarding the above purchase and saleTrustee site
Notice of motion to approve the transaction contemplated by the contract of purchase and sale dated October 8, 2021 between CTI Holdings Inc. and 1320202 B.C. Ltd. Affidavit of David Blair sworn November 24, 2021 Draft Approval and Vesting Order Comparison of Draft Approval and Vesting Order to Model OrderTrustee site
Stay Extension and Internal Reorganization Approval OrderTrustee site
Fourteenth Report of the MonitorTrustee site
Motion Record of the Applicant (Stay Extension and Internal Reorganization Approval)Trustee site
Monitor's Certificate - Sale of Juniper Rd PropertyTrustee site
Draft Sanction OrderTrustee site
Endorsement of Justice Pattillo - Sanction OrderTrustee site
Redline - Draft Sanction OrderTrustee site
Redline - Draft Sanction Order vs. FinalTrustee site
Sanction OrderTrustee site
Motion Record of the Applicants (Sanction Order) returnable July 16, 2021Trustee site
Comparison of the draft sanction order to the version included in the supplementary motion record dated June 16, 2021Trustee site
Monitor's Certificate - Sale of Hwy 97 PropertyTrustee site
Revised Draft Sanction OrderTrustee site
Approval and Vesting Order (Sale of Juniper Road Property)Trustee site
Comparison of the Fourth Amended CCAA Plan to the Third Amended CCAA Plan dated June 16, 2021Trustee site
Draft Approval and Vesting OrderTrustee site
Endorsement of Justice Pattillo re Approval and Vesting Order (Sale of Juniper Road Property)Trustee site
Fourth amended and restated plan of compromise, arrangement and reorganization of CannTrust Holdings Inc., CannTrust Inc. and Elmcliffe Investments Inc. dated July 7, 2021Trustee site
Thirteenth Report of the MonitorTrustee site
Motion Record of the Applicants - Sale of Juniper Road PropertyTrustee site
Stamped Stay Extension Order (until July 30, 2021)Trustee site
Relief Requested by KPMGTrustee site
Supplementary Motion Record of the Applicants (Sanction Order)Trustee site
Redline of Third A&R CCAA Plan to Second A&R CCAA PlanTrustee site
Supplementary Motion Record of the CCAA Representatives (Sanction Hearing)Trustee site
Third Amended and Restated CCAA PlanTrustee site
Draft sanction order to be sought by the Applicants at the hearing June 11, 2021. The only revisions are to the judge hearing the matter and the materials filed by the various parties are now listed in Schedule “D”Trustee site
Redline to the version included in the Applicants’ motion record. The only revisions are to the judge hearing the matter and the materials filed by the various parties are now listed in Schedule “D”Trustee site
Approval and Vesting Order (Sale of Hwy 97 Property)Trustee site
Financial Advisor Amendment Approval OrderTrustee site
Reply Book of Authorities of the CCAA Representatives (Sanction Hearing)Trustee site
Reply Factum of the Applicants (Sanction Order)Trustee site
Reply Factum of the CCAA Representatives (Sanction Hearing)Trustee site
Transcript Brief of the CCAA Representatives (Sanction Hearing)Trustee site
Book of Authorities of Zola and Igor Gimelshtein (Varying Allocation and Distribution Scheme)Trustee site
Factum of Zola and Igor Gimelshtein (Varying Allocation and Distribution Scheme)Trustee site
Responding Factum of KPMGTrustee site
Supplementary Responding Motion Record of KPMG (Sanction Order)Trustee site
Book of Authorities of the CCAA Representative Counsel (Sanction Hearing) Part 1 of 8Trustee site
Book of Authorities of the CCAA Representative Counsel (Sanction Hearing) Part 2 of 8Trustee site
Book of Authorities of the CCAA Representative Counsel (Sanction Hearing) Part 3 of 8Trustee site
Book of Authorities of the CCAA Representative Counsel (Sanction Hearing) Part 4 of 8Trustee site
Book of Authorities of the CCAA Representative Counsel (Sanction Hearing) Part 5 of 8Trustee site
Book of Authorities of the CCAA Representative Counsel (Sanction Hearing) Part 6 of 8Trustee site
Book of Authorities of the CCAA Representative Counsel (Sanction Hearing) Part 7 of 8Trustee site
Book of Authorities of the CCAA Representative Counsel (Sanction Hearing) Part 8 of 8Trustee site
Draft Approval and Vesting Order - Sale of Highway 97 PropertyTrustee site
Factum of the Applicants (Sanction Order)Trustee site
Factum of the CCAA Representatives (Sanction Order)Trustee site
Motion Record of Zola Finance Holdings Ltd. and Igor Gimelshtein (Sanction Order)Trustee site
Responding Motion Record of KPMG - Sanction OrderTrustee site
Responding Motion Record of Peter Aceto (Sanction Order)Trustee site
Responding Motion of Newline (Sanction Order)Trustee site
Supplement to the Eleventh Report - Receipts and Disbursements, Cash Flow Forecast and recommendation on Stay ExtensionTrustee site
Twelfth Report of the MonitorTrustee site
CCAA Representatives' Motion Record - Sanction Hearing (Part 1)Trustee site
CCAA Representatives' Motion Record - Sanction Hearing (Part 2)Trustee site
Motion Record of Applicants - Sale of Hwy 97 Property and Financial Advisor AmendmentTrustee site
Motion Record of the Applicants (Sanction Order)Trustee site
Redline of Second A&R CCAA Plan to First A&R CCAA PlanTrustee site
Result of the Meetings and Monitor's recommendation on the proposed Sanction OrderTrustee site
Second Amended and Restated CCAA PlanTrustee site
Comparison of the Amended CCAA Plan to the initial CCAA Plan dated April 16, 2021, which are being served in accordance with para. 22 of the Meeting OrderTrustee site
First Amended and Restated CCAA Plan - May 21, 2021Trustee site
Tenth Report of the MonitorTrustee site
The Tenth report of the Monitor, dated May 21, 2021, provides an update regarding: a) the Applicants’ business and financial affairs; b) the status of the Claims Process; c) the status of the Mediation Process; and d) the Monitor’s recommendation to Affected Creditors concerning the Amended CCAA PlanTrustee site
DIP Approval OrderTrustee site
Factum of the Applicants (DIP Approval)Trustee site
Ninth Report of the MonitorTrustee site
CannTrust Holdings GUC ProxyTrustee site
Elmcliffe GUC ProxyTrustee site
Notice of General Unsecured Creditor's Meeting on May 28, 2021 and sanction hearing scheduled for June 11, 2021Trustee site
Notice to Securities Claimants regarding the Meeting of Securities Claimants scheduled for May 28, 2021Trustee site
Opco GUC Proxy and Election NoticeTrustee site
Opt Out Securities Claimant ProxyTrustee site
Proof of Opt-Out Securities Voting ClaimsTrustee site
Proof of Represented Securities Voting ClaimsTrustee site
Securities Claimant Opt Out ElectionTrustee site
Motion Record - DIP Approval and Stay Extension to June 30, 2021Trustee site
22. Meeting OrderTrustee site
CannTrust - CCAA PlanTrustee site
CannTrust - Information StatementTrustee site
Endorsement of Justice Hainey re Meeting and Reservation of RightsTrustee site
Reservation of Rights OrderTrustee site
Exhibit Brief - Continued Guyatt Cross-ExaminationTrustee site
Responding Factum of Mark Litwin, Fred Litwin and Stanley AbramowitzTrustee site
Transcript - Continued Guyatt Cross-ExaminationTrustee site
Supplementary Responding Motion Record of KPMG LLPTrustee site
Supplement to the Eighth Report of the MonitorTrustee site
Further Supplementary Motion Record (Meeting Order) returnable April 16, 2021Trustee site
Reply Factum (Meeting Order)Trustee site
Factum and Book of Authorities of Mark Litwin, Fred Litwin and Stanley AbramowitzTrustee site
Endorsement of Hainey, J - CannTrust - Meeting Order AdjournmentTrustee site
Book of Authorities of Peter AcetoTrustee site
Factum and Book of Authorities of KPMG LLPTrustee site
Factum of CCAA Representative Counsel (Meeting Order)Trustee site
Redacted version of the Factum of the Underwriters in relation to the motion returnable March 19, 2021Trustee site
Responding Factum of Peter AcetoTrustee site
Responding factum of the Respondent, Eric PaulTrustee site
Responding Motion Record of KPMG LLPTrustee site
Supplementary Responding Motion Record of Mark Litwin, Fred Litwin and Stanley AbramowitzTrustee site
Factum of the Applicants (Meeting Order)Trustee site
Supplementary Responding Motion Record of the Underwriters in relation to the motion returnable March 19, 2021Trustee site
Eighth Report of the MonitorTrustee site
Eighth Report of the Monitor - Meeting OrderTrustee site
Supplementary Motion Record (Meeting Order) - returnable March 19, 2021Trustee site
Responding Motion Record of the Respondent, Peter AcetoTrustee site
Service List (March 12, 2021)Trustee site
Service List as of March 12, 2021Trustee site
Responding Motion Record - Litwins and AbramowtizTrustee site
Responding Motion Record of the Underwriters in relation to the motion returnable March 19, 2021Trustee site
Responding motion record of the Respondent, Eric PaulTrustee site
The Applicants are seeking an order related to the CCAA Plan and the Meeting of CreditorsTrustee site
Claims Procedural Order #1 - Claims OfficerTrustee site
CannTrust - Claims Officer OrderTrustee site
Service List as February 17, 2021Trustee site
Claims Officer, returnable February 19, 2021Trustee site
Report on the appointment of a Claims OfficerTrustee site
Notice of CCAA Representation OrderTrustee site
Endorsement of Justice Hainey re Stay Extension and CCAA Representation AppointmentTrustee site
Factum of Zola Finance Holdings Ltd. and Igor GimelshteinTrustee site
Factum of the Applicants (Stay Extension and CCAA Representation)Trustee site
Factum of the Underwriters (Responding to the Applicants' Motion, returnable Jan 29, 2021)Trustee site
Motion Record of Zola Finance Holdings Ltd. and Igor GimelshteinTrustee site
Motion Record of the Underwriters (Responding to the Applicants' Motion)Trustee site
Representatives and Representative Counsel Appointment Order 29 JAN 2021Trustee site
Stay Extension Order 29 JAN 2021Trustee site
SIxth Report of the Monitor - Stay Extension to April 30, 2020, Representation OrderTrustee site
Motion Record - Stay Extension and CCAA Representation returnable January 29, 2021Trustee site
CannTrust - Stay Extension and Late Claims OrderTrustee site
Factum of Zola Finance Holdings Ltd. and Igor Gimelshtein (Motion Opposing the Stay Extension) returnable October 28, 2020Trustee site
Fifth Report of the MonitorTrustee site
Responding Book of Authorities of Zola Finance Holdings Ltd. and Igor Gimelshtein (Motion Opposing the Stay Extension) dated October 26, 2020Trustee site
Responding Motion Record of Zola Finance Holdings Ltd. and Igor Gimelshtein (Motion Opposing the Stay Extension) returnable October 28, 2020Trustee site
CannTrust - Motion Record - Stay Extension and Late Claims - Oct 22, 2020Trustee site
CannTrust - AGM Extension Order - signed16 September 2020Trustee site
CannTrust Factum - Motion of AGM Deadline ExtensionTrustee site
Fourth Report of the Monitor - 15 Sep 2020Trustee site
Motion Record - AGM Deadline Extension, returnable September 16, 2020Trustee site
CannTrust - Stay Extension Motion Record, returnableTrustee site
CannTrust - Stay Extension Order and endorsementTrustee site
The purpose of this third report of the Monitor (the “Third Report”) is to provide to the Court: an update on the Applicants’ activities since the second report of the Monitor dated May 4, 2020 (the “Second Report”); an update on the SISP; an update on the status of the Claims Process; an update on the Mediation Process; a report on the Applicants’ receipts and disbursements for the period from April 27, 2020 to June 21, 2020 compared to the cash flow forecast appended as Appendix “C” to the first report of the Monitor dated April 7, 2020 (the “First Report Cash Flow Forecast”); a report on the fees and disbursements of the Monitor for the period from March 17, 2020 to June 17, 2020; a report on the fees and disbursement of the Monitor’s legal counsel for the period from February 14, 2020 to June 28, 2020; and the Monitor’s recommendation with respect to the Applicants’ motion for an order (the “Stay Extension Order”) extending the Stay Period to October 30, 2020 and approving the activities and the fees and disbursements of the Monitor and its legal counselTrustee site
002. Investment TeaserTrustee site
003. SISP NoticeTrustee site
004. SISP News ReleaseTrustee site
001. SISP OrderTrustee site
07. Sale and Investment Solicitation Process OrderTrustee site
08. Claims Procedure OrderTrustee site
09. Mediation OrderTrustee site
10. Endorsement of Justice HaineyTrustee site
CannTrust - Claims Procedure Order (revised )Trustee site
CannTrust - Mediation Order (revised )Trustee site
CannTrust Claims Instruction LetterTrustee site
CannTrust Claims Procedure NoticeTrustee site
CannTrust Claims Procedure OrderTrustee site
CannTrust Proof of Claim FormTrustee site
The purpose of this second report of the Monitor (the “Second Report”) is to provide information to the Court on: the Applicants’ activities since the Monitor’s first report dated April 7, 2020 (the “First Report”); the Applicants’ proposed sales and investment solicitation process (the “SISP”); the Applicants’ proposed claims procedure (the “Claims Procedure”); the Applicants’ proposed mediation process (the “Mediation Process”); and the Applicants’ receipts and disbursements for the period from April 6, 2020 to April 26, 2020 compared to the cash flow forecast appended as Appendix “B” to the First Report (the “Cash Flow Forecast”)Trustee site
Motion Record (SISP, Claims Procedure and Mediation)Trustee site
CannTrust Q&ATrustee site
04. Amended and Restated Initial OrderTrustee site
05. Unofficial transcript of endorsement of Justice HaineyTrustee site
06. Endorsement of Justice HaineyTrustee site
Factum of the Applicants, returnableTrustee site
The purpose of this first report of the Monitor (the “First Report”) is to provide information to the Court on: the Applicants’ operations and communications with the stakeholders since the granting of the Initial Order; the Monitor’s activities since its appointment; the Applicants’ receipts and disbursements for the period from March 31, 2020 to April 5, 2020 compared to the cash flow forecast appended as Appendix “A” (the “Initial Cash Flow Forecast”) to EY’s report written in its capacity as the proposed Monitor dated March 31, 2020 (the “Pre-Filing Report”); the Applicants’ updated weekly cash flow forecast from April 6, 2020 to July 5, 2020, on a consolidated basis for all the Applicants (the “Cash Flow Forecast”); the Applicants’ motion for an order (the “Proposed Amended and Restated Initial Order”) substantially in the form attached to the Supplementary Application Record of the Applicants dated April 6, 2020, among other things: extending the Stay Period to July 5, 2020; increasing the maximum amount of each of the Administration Charge, the Directors’ Charge and the Intercompany Charge, as defined in the Initial Order; approving the execution of the engagement letter of Greenhill & Co. Canada Ltd. (the “Financial Advisor Engagement Letter”) and appointment of the Greenhill & Co as financial advisor (the “Financial Advisor”) and the terms within the Financial Advisor Engagement Letter; approving the Transaction Fee Charge, as defined herein; approving the Key Employee Retention Plan (the “KERP”), the KERP Charge and sealing the KERP Summary; and approving payment by the Applicants of pre-filing debts to Critical Suppliers, as defined herein, with the approval of the MonitorTrustee site
Supplemental Application RecordTrustee site
Creditor ListTrustee site
Notice to CreditorsTrustee site
01. Initial OrderTrustee site
02. Endorsement of Hainey, JTrustee site
03. Unofficial Transcript of Endorsement of Hainey, JTrustee site
Application RecordTrustee site
CannTrust Letter to CreditorsTrustee site
Factum of Applicants (First Day Order)Trustee site
The purpose of this Report is to provide information to the Court on: EY’s qualifications to act as Monitor; an overview of the Applicants; background on the circumstances leading to the Applicants’ decision to commence CCAA proceedings; an overview of the Applicants’ thirteen-week cash flow forecast on a consolidated basis for all the Applicants (the “Cash Flow Forecast”) and the Proposed Monitor’s comments regarding the reasonableness thereof; and certain relevant matters about the relief sought in the Proposed First Day Initial OrderTrustee site

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “CannTrust Holdings Inc, CannTrust Inc, CTI Holdings (Osoyoos) Inc, and Elmcliffe Investments Inc” (CCAA). Retrieved 20 September 2026, https://proceedings.ca/case/canntrust-holdings-inc-canntrust-inc-cti-holdings-osoyoos-inc-and-elmcliffe-inve

Sources last checked · record updated 17 August 2026 · Report a correction · Printed from proceedings.ca/case/canntrust-holdings-inc-canntrust-inc-cti-holdings-osoyoos-inc-and-elmcliffe-inve

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.