FIGR Brands, Inc.
FollowClosed
- Proceeding
- CCAACCAA
Filings held63
Last activity13 Jun 2022
On the record2,069 days
OverviewSummary updated
FIGR Brands, Inc. commenced CCAA proceedings in the Ontario Superior Court of Justice on January 21, 2021; the proceeding is recorded as closed. The consolidated list of creditors filed as of the commencement date is dominated by a single unsecured claim of CAD 194,040,715 owed to Alliance One International Tabak B.V., followed by Atlantic Canada Opportunities Agency at CAD 776,044, the Minister of Finance in Charlottetown at CAD 430,337 and Deloitte LLP at CAD 346,826. Dozens of trade suppliers appear at amounts under CAD 200,000. Claims of the Canada Revenue Agency, the Receiver General, Health Canada and the provincial cannabis and liquor distributors, including the Ontario Cannabis Store and the Nova Scotia Liquor Corporation, are listed as unknown in amount, with possible deemed trust treatment noted for the federal tax claims.
Claims processIf you are owed money
A claims procedure has been established — see the order for deadlines.
Per the Employee Claims Procedure Order dated 30 April 2021.
Proceedings AIAsk this case — answers cite the filings
Case updates63 dated entries
60 earlier updates, back to 21 January 2021 — subscribers.
Parties
Debtor
FIGR Brands, Inc.
Monitor
FTI
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Hainey | Ontario Superior Court of Justice | 4 orders, Jan 2021 – Apr 2021 | 196 cases on record |
| Justice McEwen | Ontario Superior Court of Justice | 3 orders, Feb 2022 – Apr 2022 | 134 cases on record |
| Justice Conway | Ontario Superior Court of Justice | 2 orders, Aug 2021 | 285 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorFTI | Cassels Brock & Blackwell LLP | 27 Jan 2022 | Service list · 27 Jan 2022 |
| ApplicantFIGR Brands, Inc. | Bennett Jones LLP | 29 Jan 2021 | Order · 29 Jan 2021 |
| Interim lenderAlliance One Tobacco Canada Inc | Chaitons LLP | 27 Jan 2022 | Service list · 27 Jan 2022 |
| CreditorLarry W | Miller Thomson LLP | 27 Jan 2022 | Service list · 27 Jan 2022 |
| CreditorRexel Canada Electrical Inc | Key Murray Law | 27 Jan 2022 | Service list · 27 Jan 2022 |
| CreditorVentin Group Ltd | Woynarski Szymura Kelly LLP | 27 Jan 2022 | Service list · 27 Jan 2022 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Alliance One International Tabak B.V.debtor: FIGR Brands, Inc. · as of 21 Jan 2021 | $194M | List of Creditors |
RecoveriesAs declared or paid
Unsecured creditors: a distribution. Compaction Credit Ltd paid in full · AOIT a distribution · BioAcuity Consulting paid in full.EstimatedNinth Report of the Monitor · 14 Apr 2022
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | Compaction Credit Ltd | — | paid in full | Finalper the debtor | The Applicants' Motion Record - February 16, 2021 · 16 Feb 2021 |
| Unsecured | FIGR Norfolk Inc. Third Party Claims | — | a distribution | Estimatedper the monitor | Ninth Report of the Monitor · 14 Apr 2022 |
| Unsecured | AOIT | — | a distribution | Estimatedper the monitor | Ninth Report of the Monitor · 14 Apr 2022 |
| Unsecured | BioAcuity Consulting | — | paid in full | Estimatedper the monitor | Ninth Report of the Monitor · 14 Apr 2022 |
| Unsecured | Canada's Island Garden Inc. | — | a distribution | Estimatedper the monitor | Eighth Report of the Monitor · 27 Jan 2022 |
| Unsecured | FIGR Brands, Inc. | — | a distribution | Estimatedper the monitor | Eighth Report of the Monitor · 27 Jan 2022 |
| Unsecured | FIGR Norfolk Inc. | — | a distribution | Estimatedper the monitor | Eighth Report of the Monitor · 27 Jan 2022 |
| Unsecured | Fitzgerald & Snow (2010) Ltd. | — | paid in full | Estimatedper the monitor | Ninth Report of the Monitor · 14 Apr 2022 |
| Unsecured | Hansen Electric Ltd. | — | paid in full | Estimatedper the monitor | Ninth Report of the Monitor · 14 Apr 2022 |
| Unsecured | Pyxus | — | a distribution | Estimatedper the monitor | Eighth Report of the Monitor · 27 Jan 2022 |
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
13 engagements · 3 firms — latest: FTI Consulting Canada Inc., 9 Aug – 30 Sep 2021Seventh Report of the Monitor · 27 Jan 2022
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Cassels Brock & Blackwell LLPCounselperiod 3 of 3 | 15 Mar – 18 Apr 2021 | — | — | •••10 people | Fourth Report of the Monitor · 27 Jan 2022 |
| Cassels Brock & Blackwell LLPCounselperiod 2 of 3 | 22 Jan – 12 Feb 2021Approved | ••• | ••• | •••8 people | Ninth Report of the Monitor · 14 Apr 2022 |
| Cassels Brock & Blackwell LLPCounselperiod 1 of 3 | — | — | — | ••• | Eighth Report of the Monitor · 27 Jan 2022 |
| FTI Consulting Canada Inc.Monitorperiod 8 of 9 | 9 Aug – 30 Sep 2021 | — | ••• | ••• | Seventh Report of the Monitor · 27 Jan 2022 |
| FTI Consulting Canada Inc.Monitorperiod 7 of 9 | to 15 Aug 2021 | — | ••• | •••5 people | Seventh Report of the Monitor · 27 Jan 2022 |
| FTI Consulting Canada Inc.Monitorperiod 6 of 9 | 1 Jun – 8 Aug 2021 | — | — | ••• | Sixth Report of the Monitor · 27 Jan 2022 |
| FTI Consulting Canada Inc.Monitorperiod 5 of 9 | 19 Apr – 31 May 2021 | — | ••• | ••• | Fifth Report of the Monitor · 27 Jan 2022 |
| FTI Consulting Canada Inc.Monitorperiod 4 of 9 | 15 Mar – 18 Apr 2021 | — | ••• | •••9 people | Fourth Report of the Monitor · 27 Jan 2022 |
| FTI Consulting Canada Inc.Monitorperiod 3 of 9 | to 21 Mar 2021 | ••• | ••• | •••8 people | Fourth Report of the Monitor · 27 Jan 2022 |
| FTI Consulting Canada Inc.Monitorperiod 2 of 9 | 8 Feb – 14 Mar 2021 | — | ••• | ••• | Third Report of the Monitor · 27 Jan 2022 |
| FTI Consulting Canada Inc.Monitorperiod 1 of 9 | 21 Jan – 7 Feb 2021Approved | ••• | ••• | •••10 people | Third Report of the Monitor · 27 Jan 2022 |
| FTI Consulting Canada Inc.Monitorperiod 1 of 9 | — | — | — | ••• | Ninth Report of the Monitor · 14 Apr 2022 |
| FTI Consulting Canada Inc.Monitorfirm not named in the heading | — | — | — | ••• | Eighth Report of the Monitor · 27 Jan 2022 |
Documents
63 filings
| Date | Document | File |
|---|---|---|
| Monitor's Discharge Certificate | PDF · Subscribers | |
CCAA Termination Order
| PDF · Subscribers | |
Ninth Report of the Monitor
| PDF · Subscribers | |
| Motion Record - CCAA Termination Order (Returnable April 21, 2022) | PDF · Subscribers | |
Endorsement of Justice Mcewen
| PDF · Subscribers | |
Order (Stay Extension, Distribution, WEPPA and Fee Approval)
| PDF · Subscribers | |
| Factum of the Applicants - Stay Extension, Distribution, WEPPA and Fee Approval | PDF · Subscribers | |
Eighth Report of the Monitor
| PDF · Subscribers | |
Fifth Report of the Monitor
| PDF · Subscribers | |
| First Report of the Monitor | PDF · Subscribers | |
Fourth Report of the Monitor
| PDF · Subscribers | |
| Pre-Filing Report of the Proposed Monitor | PDF · Subscribers | |
Second Report of the Monitor
| PDF · Subscribers | |
Service List
| PDF · Subscribers | |
Seventh Report of the Monitor
| PDF · Subscribers | |
Sixth Report of the Monitor
| PDF · Subscribers | |
Third Report of the Monitor
| PDF · Subscribers | |
| Motion Record of the Applicants - January 26, 2022 (Returnable February 2, 2022) | PDF · Subscribers | |
Stay Extension, Fee Approval
| PDF · Subscribers | |
| Motion Record - October 12, 2021 | PDF · Subscribers | |
Endorsement of Justice Conway
| PDF · Subscribers | |
Stay Extension, Norfolk KERP, Sealing, & Monitor Fee Approval Order
| PDF · Subscribers | |
| Factum of the Applicants - Norfolk KERP and Stay Extension Order | PDF · Subscribers | |
| Motion Record of the Applicants - August 17, 2021 | PDF · Subscribers | |
| CIG Approval and Vesting Order | PDF · Subscribers | |
| Norfolk Approval and Vesting Order | PDF · Subscribers | |
| The Second Ancillary Order re (DIP Amendment, Stay Extension, Pre-Filing Intercompany Claims Resolution Process, and Approval of Monitor's Reports, Activities and Fees) | PDF · Subscribers | |
| Factum of the Applicants - CIG Approval and Vesting Order, Norfolk Approval and Vesting Order, & Ancillary Order | PDF · Subscribers | |
| Motion Record of the Applicants - June 2, 2021 | PDF · Subscribers | |
| Email Service List | PDF · Subscribers | |
| Employee Claim Statement - Schedule A | PDF · Subscribers | |
| Employee Claims Procedure Order | PDF · Subscribers | |
Endorsement of Justice Hainey (Handwritten)
| PDF · Subscribers | |
| Notice of Dispute of Employee Claim Statement - Schedule B | PDF · Subscribers | |
Stay Extension and Fee Approval Order
| PDF · Subscribers | |
| Book of Authorities of the Applicants - Employee Claims Procedure Order and Stay Extension Order | PDF · Subscribers | |
Factum of the Applicants - Employee Claims Procedure Order and Stay Extension Order
| PDF · Subscribers | |
| Motion Record of the Applicants - April 23, 2021 | PDF · Subscribers | |
DIP Amendment and Fee Approval Order
| PDF · Subscribers | |
| Motion Record of the Applicants - March 25, 2021 | PDF · Subscribers | |
| Ancillary Order re (Key Employee Retention Program, Stay Extension to April 30, 2021 and Approval of Monitor's reports and activities) | PDF · Subscribers | |
| Claims Procedure Instruction Letter - Schedule A | PDF · Subscribers | |
Claims Procedure Order
| PDF · Subscribers | |
| Notice of Dispute of Revision or Disallowance - Schedule E | PDF · Subscribers | |
| Notice to Claimants - Schedule B | PDF · Subscribers | |
| Proof of Claim - Schedule C | PDF · Subscribers | |
| Book Authorities of the Applicants - Claims Procedure Order and Ancillary Order | PDF · Subscribers | |
Factum of the Applicants - Claims Procedure Order and Ancillary Order
| PDF · Subscribers | |
The Applicants' Motion Record - February 16, 2021
| PDF · Subscribers | |
| Amended and Restated Initial Order | PDF · Subscribers | |
Order Approving the sale and investor solicitation process (SISP)
| PDF · Subscribers | |
| Book of Authorities of the Applicants | PDF · Subscribers | |
| Factum of the Applicants - Comeback Hearing | PDF · Subscribers | |
List of Creditors
| PDF · Subscribers | |
Motion Record of the Applicants - January 25, 2021
| PDF · Subscribers | |
| Notice to Creditors | PDF · Subscribers | |
| Application Record of FIGR Brands Inc. et al (Volume 2 of 3) | PDF · Subscribers | |
| Application Record of FIGR Brands, Inc. et al (Volume 1 of 3) | PDF · Subscribers | |
| Application Record of FIGR Brands, Inc. et al (Volume 3 of 3) | PDF · Subscribers | |
| Book of Authorities | PDF · Subscribers | |
| Factum of the Applicants - CCAA Initial Order | PDF · Subscribers | |
| Frequently asked Questions | 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., “FIGR Brands, Inc.” (CCAA), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/figr-brands-inc