GetSwift Technologies Limited

GetSwift Technologies Limited sought recognition in Canada of the Chapter 11 proceedings of its affiliated Chapter 11 Debtors, obtaining an initial order from the Ontario Superior Court of Justice (Commercial List) on August 18, 2022, under section 46 of the Companies' Creditors Arrangement Act, court file CV-22-00685556-00CL. The Chapter 11 Debtors have no secured indebtedness in Canada and no Canadian operations, employees or assets beyond retainers held by Miller Thomson LLP and the Information Officer, and reported consolidated revenue of approximately US$8.9 million against net losses of approximately US$3.6 million for the nine months ended March 31, 2022, with an accumulated deficit of approximately US$81.6 million. GetSwift Technologies Limited (GTL) has some Canadian creditors, while GSI has only two, both unsecured and unnamed. Justice Cavanagh, Justice McEwen and Justice Osborne have presided over the matter.