EarthFirst Canada Inc
- Proceeding
- CCAACCAA
- File
- 0801-13559
- Industry
- Energy · Power & utilities
EarthFirst Canada Inc. is under Companies' Creditors Arrangement Act protection. The company obtained an initial order on November 4, 2008 in the Court of King's Bench of Alberta (court file 0801-13559), with Ernst & Young Inc. appointed as monitor and CBT Inc. as chief restructuring officer. WestLB AG is identified as EarthFirst's secured lender. The proceeding remains active in Alberta.
A claims procedure has been established — see the order for deadlines.
Per the Notice of Motion - Claims Procedure dated 19 March 2009.
The officer filed report no. Nineteenth Report. EarthFirst has sold its major assets (the Dokie Project and other wind projects) and is finalizing the sale of its remaining corporate attributes (tax pools and the Buffalo-Atlee project) to Maxim Power Corp., after which it intends to complete distributions and wind up its CCAA proceedings.
Notice of Motion - Sanction Hearing and Stay Extension, returnable — Application / notice of application
Notice of Motion - Special Committee and KERP, returnable — Application / notice of application
The officer filed report no. Sixteenth Report. EarthFirst continues its CCAA restructuring, focused on closing the Dokie APA and Maxim Power corporate attributes sale, while seeking a stay extension to January 15, 2010 and approval of partial KERP and Special Committee payments.
The officer filed report no. Fifteenth Report. EarthFirst, a partially constructed wind energy developer, sought creditor approval of its Amended Plan of Arrangement, contingent on completing the sale of the Dokie Project and other conditions; its other wind projects have been sold except the Buffalo-Atlee project.
The officer filed report no. Fourteenth Report. EarthFirst has sold or is in the process of selling its wind energy projects, and is now pursuing a Corporate Sales Process to sell its remaining corporate attributes (tax pools and the Buffalo-Atlee project) to Maxim Power Corp. under an Arrangement Agreement.
Order - 11th Stay Extension, 5th Dokie APA Amending Agreement, Plan of Arrangement — Plan of arrangement / compromise
Notice of Motion - Including Plan of Arrangement, returnable — Application / notice of application
The officer filed report no. Thirteenth Report. EarthFirst continues restructuring efforts focused on closing the Dokie Project sale, completing sales of other projects, pursuing a Corporate Sale Process, and advancing its CCAA Plan and Creditors' Meeting, while seeking a stay extension to October 30, 2009.
The officer filed report no. Twelfth Report. EarthFirst continues working with the Dokie Project purchaser to close the sale under amended agreements, completing sales of its other projects, and developing a CCAA plan of arrangement, while seeking a further stay extension.
Notice of Motion - Ninth Stay Extension and Third Dokie APA, returnable — Application / notice of application
The officer filed report no. Eleventh Report. EarthFirst continues restructuring efforts focused on closing the Dokie Project sale (working through outstanding conditions with the Purchaser and WestLB), completing sales of other projects, and developing a CCAA Plan, while seeking a short extension of the Stay Period to August 26, 2009.
The officer filed report no. Tenth Report. EarthFirst continues restructuring efforts focused on closing the Dokie I Project sale, completing sales of its other projects, and progressing its claims process, while requiring an extension of the CCAA stay and anticipated DIP financing of about $1.5 million.
Source: 10. Tenth Report of the Monitor
The court granted an approval and vesting order for the sale to Avro Wind Energy Inc. Closing terms, as extracted: Vesting occurs at the Time of Closing on the Closing Date, subject to potential re-vesting of the Wartenbe Assets.
Source: Order - Sale Approval and Vesting - Non-Wartenbe Assets
The court granted an approval and vesting order for the sale to Avro Wind Energy Inc. Closing terms, as extracted: Vesting occurs at the Time of Closing on the Closing Date, subject to potential re-vesting of the Wartenbe Assets in EarthFirst.
The officer filed a report. EarthFirst continued restructuring by working to close the Dokie I Project sale, attempting to realize on its other wind projects, continuing the claims process, and seeking approval for sale of the Wartenbe and other development assets, while requesting a further extension of the CCAA stay.
Source: 9. Ninth Report of the Monitor
The officer filed report no. Eighth Report. The report focuses on the Dokie wind energy project sale process; the Monitor recommends approval of the Dokie APA under which the purchaser will complete construction and continue the Dokie Project, preserving local employment, with unsecured creditors expected to recover approximately 85% of claims.
Source: 8. Eighth Report of the Monitor
The officer filed report no. Eighth Report. The Monitor reports on the sale process for the Dokie wind energy project, recommending court approval of an asset purchase agreement with GE Energy Financial Services under which the purchaser would complete construction of the Dokie Project, assume certain liabilities, and provide significantly greater recoveries to unsecured creditors than a liquidation scenario.
Affidavit of Brian Trypka - Sale Approval and Vesting Order Part 1, sworn — Approval and vesting order
Affidavit of Brian Trypka - Sale Approval and Vesting Order Part 2, sworn — Approval and vesting order
Notice of Motion - 6th Stay Extension and Sale Approval, returnable — Application / notice of application
The officer filed report no. Seventh Report. EarthFirst continued restructuring efforts including negotiating a sale of the Dokie I Project (subject to a sealing order request), completing sales of Grand Valley and Windrise assets, and seeking a stay extension to finalize these transactions.
Source: 7. Seventh Report of the Monitor
The officer filed report no. Sixth Report. EarthFirst continues restructuring efforts including negotiating the sale of the Dokie I Project, completing a sale of the Nuttby Project subsidiary, and pursuing other project sales, while seeking a stay extension.
Source: 6. Sixth Report of the Monitor
The officer filed report no. Fifth Report. EarthFirst continues restructuring efforts, negotiating a sale of the Dokie I Project and other project assets, while seeking an extension of the CCAA stay to April 24, 2009.
Source: 5. Fifth Report of the Monitor
The officer filed report no. Fourth Report. EarthFirst continued preserving the partially built Dokie I Project, minimal capex on other projects, and pursued parallel sale processes for the Dokie I Project and turbines while seeking further extension of the CCAA stay.
Source: 4. Fourth Report of the Monitor
The officer filed report no. Third Report. Construction of Phase I of the Dokie I Project has ceased (five turbines erected, three in storage) and the project is in maintenance mode, while EarthFirst is cash constrained, has largely discontinued funding of its other wind projects, and is pursuing sales of the Dokie I Project and of the turbines.
Source: 3. Third Report of the Monitor
The officer filed report no. Second Report of the Monitor. Under CCAA protection, EarthFirst continues limited Phase I construction of the Dokie I wind project (4 turbines erected, a fifth in progress, 3 being winterized) while curtailing funding of other projects to critical payments only, and pursues a sale/restructuring process via BF/GMP and a separate turbine sales agent.
Source: 2. Second Report of the Monitor
On November 4, 2008, the Court of King's Bench of Alberta made the initial order commencing EarthFirst Canada Inc.'s CCAA proceedings.
Source: Initial Order
Debtor
EarthFirst Canada Inc
Monitor
EY
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | WestLB AGDescribed as EarthFirst's secured lender; amount not stated; discussions ongoing re Hardship Fund and potential DIP financing — debtor: EarthFirst Canada Inc. | — | 1. First Report of the Monitor |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
7 transactions · 3 proposed · 3 closed · 1 approved — Corporate Attributes sale expected to close March 2, 2010; Dokie and Other Projects sold19. Nineteenth Report of the Monitor · 25 Feb 2010
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Avrothe Wartenbe Assets · asset sale | not stated | Proposed | 9. Ninth Report of the Monitor |
| Avrothe Other Assets (potential project at Benchlands, Saskatchewan and Bonavista, Newfoundland and Labrador) · asset sale | Subscribers | Proposed | 9. Ninth Report of the Monitor |
| unnamedWindrise & Grand Valley | not stated | Closeddate not stated | 9. Ninth Report of the Monitor |
| Avro Wind Energy Inc.the Assets (as defined in the Purchase Agreement) · asset sale · agreement 11 Jun 2009 | not stated | Approved25 Jun 2009 | Order - Sale Approval and Vesting - Wartenbe… |
| Dokie General Partnershipall the assets associated with the Dokie Project · asset sale · agreement 20 May 2009 | Subscribers | Closed10 Dec 2009 | 19. Nineteenth Report of the Monitor |
| Maxim Power Corp.certain corporate attributes of the EarthFirst entity primarily consisting of EarthFirst's federal and provincial tax pools and its remaining wind project, Buffalo-Atlee · asset sale | Subscribers | Proposed | 19. Nineteenth Report of the Monitor |
| purchasers of EarthFirst's Other Projects, unnamedOther Projects, with the exception of the Buffalo-Atlee project · asset sale | Subscribers | Closed | 19. Nineteenth Report of the Monitor |
Unsecured creditors: a distribution.Final19. Nineteenth Report of the Monitor · 25 Feb 2010
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | Affected Creditors | — | Finalper the monitor | 19. Nineteenth Report of the Monitor · 25 Feb 2010 | |
| Equity | shareholders of EarthFirst | — | no distribution | Under the plansanctionedper the debtor | Notice of Motion - Ammend Plan, returnable · 13 Oct 2009 |
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 blurred figure above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plansCumulative receipts
$43.1M
As at 25 Feb 201019. Nineteenth Report of the Monitor
Cumulative disbursements
As at
Cash on hand
As at
Professional fees
As at
3 more reported figures
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Order - Maxim
| PDF · Subscribers | |
19. Nineteenth Report of the Monitor
| PDF · Subscribers | |
18. Monitor's Certificate
| PDF · Subscribers | |
17. Seventeenth Report of the Monitor
| PDF · Subscribers | |
| Notice of Motion - Sanction Hearing and Stay Extension, returnable | PDF · Subscribers | |
| Notice of Motion - Special Committee and KERP, returnable | PDF · Subscribers | |
Order - Special Committee and Kerp Payment
| PDF · Subscribers | |
Sanction Order
| PDF · Subscribers | |
16. Sixteenth Report of the Monitor
| PDF · Subscribers | |
| Affidavit of Brian Trypka - Sanction Hearing and Stay Extension, sworn | PDF · Subscribers | |
| Affidavit of Brian Trypka - Special Committee and KERP, sworn | PDF · Subscribers | |
15. Fifteenth Report of the Monitor
| PDF · Subscribers | |
Notice of Motion - Ammend Plan, returnable
| PDF · Subscribers | |
Order - Amend Plan
| PDF · Subscribers | |
14. Fourteenth Report of the Monitor
| PDF · Subscribers | |
| Affidavit of Brian Trypka - Amend Plan (Includes Amended Plan), sworn | PDF · Subscribers | |
Order - Sixth Dokie APA Amending Agreement
| PDF · Subscribers | |
| Affidavit of Brian Trypka - Sixth Dokie APA Amending Agreement, sworn | PDF · Subscribers | |
| Affidavit of Brian Trypka - APA Charge, sworn | PDF · Subscribers | |
Order
| PDF · Subscribers | |
| Order - 11th Stay Extension, 5th Dokie APA Amending Agreement, Plan of Arrangement | PDF · Subscribers | |
| Affidavit of Brian Trypka - Forbearance Extension Agreement, sworn | PDF · Subscribers | |
| Notice of Motion - Including Plan of Arrangement, returnable | PDF · Subscribers | |
13. Thirteenth Report of the Monitor
| PDF · Subscribers | |
Order - Tenth Stay Extension and Fourth Dokie APA Amending Agreement Approval
| PDF · Subscribers | |
12. Twelfth Report of the Monitor
| PDF · Subscribers | |
Order - Ninth Stay Extension and Third Dokie APA Amending Agreement Approval
| PDF · Subscribers | |
| Notice of Motion - Ninth Stay Extension and Third Dokie APA, returnable | PDF · Subscribers | |
11. Eleventh Report of the Monitor
| PDF · Subscribers | |
Order - Eighth Stay Extension and Second Dokie APA
| PDF · Subscribers | |
10. Tenth Report of the Monitor
| PDF · Subscribers | |
| Notice of Motion - Seventh Stay Extension, returnable | PDF · Subscribers | |
Order - Dokie APA Amending Agreement - Late Claims
| PDF · Subscribers | |
Order - Potential Shareholder Claims
| PDF · Subscribers | |
Order - Sale Approval and Vesting - Non-Wartenbe Assets
| PDF · Subscribers | |
Order - Sale Approval and Vesting - Wartenbe Assets
| PDF · Subscribers | |
Order - Seventh Stay Extension
| PDF · Subscribers | |
9. Ninth Report of the Monitor
| PDF · Subscribers | |
| Notice of Motion, returnable | PDF · Subscribers | |
8. Eighth Report of the Monitor
| PDF · Subscribers | |
8. Confidential Eighth Report of the Monitor
| PDF · Subscribers | |
| Affidavit of Brian Trypka - Sale Approval and Vesting Order Part 1, sworn | PDF · Subscribers | |
| Affidavit of Brian Trypka - Sale Approval and Vesting Order Part 2, sworn | PDF · Subscribers | |
| Notice of Motion - 6th Stay Extension and Sale Approval, returnable | PDF · Subscribers | |
7. Seventh Report of the Monitor
| PDF · Subscribers | |
| Affidavit of Brian Trypka - 6th Stay Extension and Sale Approval, Exhibit C | PDF · Subscribers | |
| Affidavit of Brian Trypka - 6th Stay Extension and Sale Approval, sworn | PDF · Subscribers | |
| Reasons for Judgement | PDF · Subscribers | |
Order - Brock John
| PDF · Subscribers | |
| Notice of Motion - Fifth Stay Extension, returnable | PDF · Subscribers | |
6. Sixth Report of the Monitor
| PDF · Subscribers | |
Notice of Motion - Fourth Stay Extension, returnable
| PDF · Subscribers | |
| Proof of Claims Package | PDF · Subscribers | |
5. Fifth Report of the Monitor
| PDF · Subscribers | |
| Affidavit of Brian Trypka - Fourth Stay Extension, sworn | PDF · Subscribers | |
Notice of Motion - Claims Procedure
| PDF · Subscribers | |
4. Fourth Report of the Monitor
| PDF · Subscribers | |
Stay Extension Order
| PDF · Subscribers | |
3. Third Report of the Monitor
| PDF · Subscribers | |
| Affidavit of Brian Trypka, sworn | PDF · Subscribers | |
| Bench Brief - Vestas, ret | PDF · Subscribers | |
| Affidavit of E. Wegmann, sworn | PDF · Subscribers | |
| Affidavit of S. Hosseini - Vestas, sworn | PDF · Subscribers | |
2. Second Report of the Monitor
| PDF · Subscribers | |
Order - CRO
| PDF · Subscribers | |
Order - Pre-CCAA Payments
| PDF · Subscribers | |
Notice of Motion
| PDF · Subscribers | |
1. First Report of the Monitor
| PDF · Subscribers | |
| Affidavit of Derren Newell - WestLB Agreement, sworn | PDF · Subscribers | |
| Affidavit of Derren Newell, sworn | PDF · Subscribers | |
| Service List | PDF · Subscribers | |
| Affidavit of Derren Newell, Exh A&B | PDF · Subscribers | |
| Affidavit of Derren Newell, Exh C | PDF · Subscribers | |
| Affidavit of Derren Newell, Exh D-K | PDF · Subscribers | |
Initial Order
| 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., “EarthFirst Canada Inc” (CCAA), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/earthfirst-canada-inc