Proceedings.

DionyMed

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Proceeding
Receivership (court-appointed)Section 243(1) of the Bankruptcy and Insolvency Act and Section 39 of the Law and Equity Act
File
S1912098
Filings held22
Last activity29 Apr 2020
On the record2,564 days
Secured debtSubscribers
OverviewSummary updated

DionyMed Brands Inc. has been under the receivership and management of FTI Consulting Canada Inc. since October 29, 2019, when the Supreme Court of British Columbia appointed the firm on the application of GLAS USA LLC and GLAS Americas LLC under section 243(1) of the Bankruptcy and Insolvency Act and section 39 of the Law and Equity Act, in court file S1912098. In its Notice and Statement dated November 7, 2019, the Receiver reported entity-level book values drawn from DionyMed's own records and not audited or verified: total assets of $101,256,490 as at November 5, 2019 against total liabilities of $53,275,117.56. Secured debt comprised $32,621,085.75 owing to Tribeca Global Resources Credit Pty Ltd, $4,588,169.00 to Flow Capital Corp. and $2,846,762.89 to Gotham Green Partners, LLC. The receivership remains active.

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Case updates22 dated entries
#Report

The officer filed report no. Third Report. The Transaction closed in January 2020, and the Receiver continues to market unsold assets (Holds House Brands, Chill technology, and shares in Herban Oregon) while working toward completing the receivership, including selling remaining assets and making a final distribution to SP1.

Source: Third Report of the Receiver

#Report

The officer filed report no. Second Report. The Receiver conducted a court-approved marketing and sale process for the debtor's assets, resulting in an asset purchase agreement with Eaze Technologies for the Hometown Heart-related business; certain subsidiaries may continue operating in the ordinary course while others may be shuttered, and other remaining assets (e.g., the L.A. business and Oregon business) are being separately dealt with.

Source: Second Report of the Receiver

#Order

The court approved a sale and investment solicitation process. A bid deadline of 2019-12-09.

Source: a) Order

#Report

The officer filed report no. First Report. The Receiver has commenced a sale process for the Company's assets and subsidiaries, is disputing Flow Capital's security registrations, and is addressing Gotham Green litigation that threatens key licenses held by a subsidiary.

Source: First Report of the Receiver

#Order

Court appointed FTI Consulting Canada Inc. Receiver and Manager of DionyMed Brands Inc. on the application of GLAS USA LLC and GLAS Americas LLC.

Source: Receivership Order

Parties

Debtor

DionyMed

Receiver

FTI

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice SewellSupreme Court of British Columbia3 orders, Jan 20206 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverFTIBlake, Cassels & Graydon LLP3 Feb 2020Service list · 3 Feb 2020
DebtorDionyMedCassels Brock & Blackwell LLP3 Feb 2020Service list · 3 Feb 2020
CreditorAllOver Media LLCFox Rothschild LLP9 Jan 2019Application · 9 Jan 2019
CreditorBryan HicksBuckley LLP16 Jan 2020Order · 16 Jan 2020
CreditorFlow Capital CorpTorkin Manes LLP3 Feb 2020Service list · 3 Feb 2020
CreditorGLAS Americas LLCDentons Canada LLP9 Jan 2019Application · 9 Jan 2019
CreditorSP1 Credit FundStikeman Elliott LLP3 Feb 2020Service list · 3 Feb 2020
CreditorSuzuki Enterprises, IncSilverman Law Firm9 Jan 2019Application · 9 Jan 2019
CreditorTristan StraussSheppard, Mullin, Richter & Hampton LLP9 Jan 2019Application · 9 Jan 2019
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredTribeca Global Resources Credit Pty Ltdas of November 7, 2019 — Listed as secured debt in Receiver's Notice and Statement (Appendix A), based on books and records of DionyMed; no separate balance date stated. — debtor: DionyMed Brands Inc.$32.6MReceivers Notice and Statement
4Secured
4Secured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

48 more claims in 2 classes The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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Sale processAs stated in the filings

Sale closed — The Transaction closed on January 21, 2020.Third Report of the Receiver · 29 Apr 2020

Bid deadline (round closed)

9 December 2019

a) Order

PurchaserPriceStatusSource
Eaze Technologies, Inc.the Purchased Assets · asset sale · nominee/assignee: DYME US Acquisition Sub, LLC · agreement 3 Jan 2020SubscribersClosed21 Jan 2020Third Report of the Receiver
Fees and ratesAs stated in the filings

5 engagements · 1 firm — latest: FTI Consulting Canada Inc., to 8 Dec 2019, in feesAffidavit of Jeffrey Rosenberg · 9 Jan 2019

FirmPeriodHoursFeesRatesSource
FTI Consulting Canada Inc.Receiverperiod 5 of 5to 8 Dec 20194 peopleAffidavit of Jeffrey Rosenberg · 9 Jan 2019
4 people — FTI Consulting Canada Inc., to 8 Dec 2019 · 12 blurred figures
NameTitleHoursRateFees
Jeffrey RosenbergSenior Managing Director
Michael BassoSenior Director
Jordan ZakkaiSenior Consultant
Kathleen FosterAdministrative Professional
FTI Consulting Canada Inc.Receiverperiod 4 of 5to 30 Nov 20195 peopleAffidavit of Jeffrey Rosenberg · 9 Jan 2019
5 people — FTI Consulting Canada Inc., to 30 Nov 2019 · 15 blurred figures
NameTitleHoursRateFees
Jeffrey RosenbergSenior Managing Director
Craig MunroManaging Director
Michael BassoSenior Director
Jordan ZakkaiSenior Consultant
Kathleen FosterAdministrative Professional
FTI Consulting Canada Inc.Receiverperiod 3 of 5to 24 Nov 20195 peopleAffidavit of Jeffrey Rosenberg · 9 Jan 2019
5 people — FTI Consulting Canada Inc., to 24 Nov 2019 · 15 blurred figures
NameTitleHoursRateFees
Jeffrey RosenbergSenior Managing Director
Craig MunroManaging Director
Michael BassoSenior Director
Jordan ZakkaiSenior Consultant
Kathleen FosterAdministrative Professional
FTI Consulting Canada Inc.Receiverperiod 2 of 5to 17 Nov 20194 peopleAffidavit of Jeffrey Rosenberg · 9 Jan 2019
4 people — FTI Consulting Canada Inc., to 17 Nov 2019 · 10 blurred figures
NameTitleHoursRateFees
Jeffrey RosenbergSenior Managing, Director—
Craig MunroManaging Director—
Michael BassoSenior Director
Jordan ZakkaiSenior Consultant
FTI Consulting Canada Inc.Receiverperiod 1 of 5to 10 Nov 20195 peopleAffidavit of Jeffrey Rosenberg · 9 Jan 2019
5 people — FTI Consulting Canada Inc., to 10 Nov 2019 · 15 blurred figures
NameTitleHoursRateFees
Jeffrey RosenbergSenior Managing Director
Craig MunroManaging Director
Michael BassoSenior Director
Jordan ZakkaiSenior Consultant
Kathleen FosterAdministrative Professional

82 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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Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

Cumulative receipts

$5.01M USD

As at 29 Apr 2020Third Report of the Receiver

Cumulative disbursements

As at

Professional fees

As at

2 more reported figures, and the 2 totals the debtor stated at filing

Each one as the filing states it, with its source.

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Documents
22 filings
DateDocumentFile
Third Report of the Receiver
  • Closing confirmed Closed · 21 Jan 2020 · Eaze Technologies, Inc.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 9 more extracted facts
PDF · Subscribers
Service List
  • Counsel Sheppard, Mullin, Richter & Hampton LLP
PDF · Subscribers
Approval, Vesting and Distribution Order
  • Counsel Buckley LLP
  • Presiding officer Justice Sewell
PDF · Subscribers
Blackline to the one included in the Receiver's Notice of Application
  • Counsel Buckley LLP
PDF · Subscribers
Fee Approval Order
  • Counsel Buckley LLP
  • Presiding officer Justice Sewell
PDF · Subscribers
Sealing Order
  • Counsel Buckley LLP
  • Presiding officer Justice Sewell
PDF · Subscribers
First Report of the Receiver
  • Operational summary The Receiver has commenced a sale process for the Company's assets and subsidiaries, is disputing Flow Capital's security registrations, and is addressing Gotham Green litigation that threatens key licenses held by a subsidiary.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 6 more extracted facts
PDF · Subscribers
Second Report of the Receiver
  • Operational summary The Receiver conducted a court-approved marketing and sale process for the debtor's assets, resulting in an asset purchase agreement with Eaze Technologies for the Hometown Heart-related business; certain subsidiaries may continue operating in the ordinary course while others may be shuttered, and other remaining assets (e.g., the L.A. business and Oregon business) are being separately dealt with.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 7 more extracted facts
PDF · Subscribers
a) Order
  • Bid deadline 9 December 2019
  • Order date 26 November 2019
  • Sale outcome Sale process approved — The bidding procedures for the sale of the Debtor's Property are hereby approved.
  • Break fee Subscribers
  • + 1 more extracted fact
PDF · Subscribers
b) Blackline OrderPDF · Subscribers
Receiver's Application Record Index for the Receiver's application to be heard on November 26, 2019PDF · Subscribers
Motion by the Receiver for an Order of the Court seeking amongst other things:PDF · Subscribers
Receivers Notice and Statement
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Receivership Order
  • Applicant GLAS USA LLC and GLAS Americas LLC
  • Appointee FTI Consulting Canada Inc.
  • Appointee role Receiver and Manager
  • Commencement date 29 October 2019
  • + 4 more extracted facts
PDF · Subscribers
Affidavit of Yana KislenkoPDF · Subscribers
Notice of HearingPDF · Subscribers
Petition Record Cover & IndexPDF · Subscribers
Petition to the CourtPDF · Subscribers
Affidavit of Jeffrey Rosenberg
PDF · Subscribers
Affidavit of Sean H. ZweigPDF · Subscribers
Application RequisitionPDF · Subscribers
Notice of Application
  • Applicant FTI Consulting Canada Inc.
  • Appointee FTI Consulting Canada Inc.
  • Appointee role receiver and manager
  • Commencement date 9 January 2020
  • + 4 more extracted facts
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., “DionyMed” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 4 November 2026, https://proceedings.ca/case/dionymed

Sources last checked · summary updated 21 August 2026 · Report a correction · Printed from proceedings.ca/case/dionymed

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.