Proceedings.

High Park Farms Ltd.

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Proceeding
BankruptcySection 49 of the Bankruptcy and Insolvency Act
File
BK-24-03064424-0031
Filings held8
Last activity22 Jul 2026
On the record944 days
OverviewSummary updated

High Park Farms Ltd. became bankrupt on April 5, 2024 at 11:15, by an assignment under section 49 of the Bankruptcy and Insolvency Act, with B. Riley Farber Inc. as licensed trustee (court file BK-24-03064424-0031, Toronto). Its statement of affairs, prepared from the company's unaudited books, values the assets at $2.00, a prepaid utility deposit and a 50% interest in Cannfections Group, Inc. at $1.00 each, against liabilities of $27,926,015.00, all unsecured. Proofs of claim filed with the trustee total $8,173,673.53. On July 22, 2026, Justice Myers granted an order under section 38 of the Act.

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Case updates8 dated entries

Case update

High Park Farms: a creditor takes up the claim against Cannfections

Tilray subsidiary High Park Farms went bankrupt in April 2024 with assets of $2, a month after an arbitrator awarded $19,951,490.80 to Cannfections, the cannabis-edibles company it half-owned. On July 22, 2026, Justice Myers authorized creditor High Park Holdings to prosecute the estate's lawsuit against Cannfections and its co-defendants at its own expense and risk.

Parties

Debtor

High Park Farms Ltd.

Trustee in bankruptcy

B. Riley Farber

Capital structureAs asserted in the filings
#Priority classCreditorAmountSource
4Secured1890856 Ontario Ltd.as of date of bankruptcy — PPSA (Ontario) registration against the Company — Registration listed as '(Discharged)'; Trustee believes related equipment was returned but the PPSA registration had not been subsequently discharged. Treat as discharged/inactive security, not a current secured claim. Per Statement of Affairs and claims filed with Trustee, secured claims are reported as NIL. — debtor: High Park Farms Ltd.—Trustee Preliminary Report
4Secured
8Unsecured

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

Every creditor and every amount.

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“not stated” means the record names the claim without a figure; “—” means not in the extracted record.

RecoveriesAs stated in the filings

Preferred creditors: not yet estimated.Trustee Preliminary Report · 25 Apr 2024

ClassCreditorClaimsRecoveryBasisSource
Preferredpreferred or unsecured creditors—not yet estimatedper the trusteeTrustee Preliminary Report · 25 Apr 2024

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.

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

As at ·

The 2 totals the debtor stated at filing

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

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Documents8 filings
DateDocumentFile
Court Order of Justice Fl Myers
  • Applicant High Park Holdings Ltd.
  • Court ONTARIO SUPERIOR COURT OF JUSTICE [COMMERCIAL LIST]
  • Court file no BK-24-03064424-0031
  • Order date 22 July 2026
  • + 3 more extracted facts
PDF · Subscribers
Endorsement of Justice Fl Myers
  • Presiding officer Justice Fl Myers
PDF · Subscribers
Section 38 Notice
PDF · Subscribers
Motion RecordPDF · Subscribers
Trustee Preliminary Report
  • Appointee B. Riley Farber Inc.
  • Appointee role Licensed Trustee
  • Proceeding type bia_bankruptcy
  • Financial position Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Legal NoticePDF · Subscribers
Creditors Package
PDF · Subscribers
Certificate of Appointment
  • Commencement date 5 April 2024
  • Statutory basis Section 49 of the Bankruptcy and Insolvency Act
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., “High Park Farms Ltd.” (Bankruptcy), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/high-park-farms-ltd

Sources last checked · summary updated 1 October 2026 · Report a correction · Printed from proceedings.ca/case/high-park-farms-ltd

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.