Joriki Inc.
Follow- Proceeding
- CCAACompanies’ Creditors Arrangement Act, R.S.C. 1985, c. C-36 and sections 128 and 129 of the Courts of Justice Act, R.S.O. 1990, c. C.43
- File
- CV-25-00735458-00CL
Joriki Inc. and Joriki Topco Inc. commenced proceedings under the Companies' Creditors Arrangement Act in the Ontario Superior Court of Justice on January 22, 2025, with Alvarez and Marsal Canada Inc. as monitor. The Bank of Nova Scotia and The Toronto-Dominion Bank, as senior lenders, were owed approximately $192 million as at December 31, 2024 under senior secured facilities that are in default. On the initial order application the borrowers put forward a debtor-in-possession facility with a maximum principal amount of $1,200,000, to be secured by a super-priority DIP Lender's Charge over the property, subject to permitted priority liens. The proceedings are carried under court file no. CV-25-00735458-00CL and remain active.
21 earlier updates, back to 22 January 2025 — subscribers.
Case update
Joriki: a motion to make the recall insurers pay
With its plants sold and the proceeds paid to its senior lenders, Joriki's most significant remaining asset is its insurance claim over the 2024 Silk and Great Value listeria recall — coverage it says HDI confirmed in February and has not paid — and Justice Conway has set November 3 to hear its motion to compel HDI to pay the $5,000,000 policy limit and Intact $1,024,300.26.
Debtor
Joriki Inc.
Monitor
Alvarez & Marsal
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Osborne | Ontario Superior Court of Justice | 5 orders, Jan 2025 – Jun 2025 | 146 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorAlvarez & Marsal | Osler, Hoskin & Harcourt LLP | 21 Nov 2025 | Service list · 21 Nov 2025 |
| ApplicantJoriki Inc. | Goldman Sloan Nash & Haber LLP · Goodmans LLP | 22 Jan 2025 | Service list · 21 Nov 2025 |
| CreditorAllison Posen | Arthur J. Gallagher & Co. | 21 Nov 2025 | Service list · 21 Nov 2025 |
| CreditorBrandon Gabriel and Melinda Bige in Proposed British Columbia Class Proceeding | Slater Vecchio LLP | 21 Nov 2025 | Service list · 21 Nov 2025 |
| CreditorElopak Canada Inc | Borden Ladner Gervais LLP | 21 Nov 2025 | Service list · 21 Nov 2025 |
| CreditorK. Guller, LCC | Fenningham, Dempster & Coval LLP | 21 Nov 2025 | Service list · 21 Nov 2025 |
| CreditorSaro Turner | Slater Veccio LLP | 21 Nov 2025 | Service list · 21 Nov 2025 |
| CreditorSenior | McMillan LLP | 21 Nov 2025 | Service list · 21 Nov 2025 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | The Bank of Nova Scotia and The Toronto-Dominion Bank (Senior Lenders)Senior Secured Facilities (secured creditor agreements, as amended and restated); in default — Approximate figure stated in prose ('approximately $192 million'); Senior Lenders expected to incur significant shortfall upon completion of CCAA Proceedings and Chapter 7 Case — debtor: Joriki Inc. (borrower); Joriki USA Inc. and Joriki TopCo Inc. (guarantors) · as of 31 Dec 2024 | $192M | First Report of the Proposal Trustee |
Sale approved — Approval of the Auction and Liquidation Services Agreement and authorization to conduct the Auction and sale of the AssetsAuction And Liquidation Approval Order (Pickering Facility) · 22 Jan 2025
| Purchaser | Price | Status | Source |
|---|---|---|---|
| end purchasers of individual Assets at auction/liquidation, unnamedthe Assets · auction | not stated | Approved22 Jan 2025 | Auction And Liquidation Approval Order… |
2 engagements · 2 firms — latest: Osler, Hoskin & Harcourt LLP, 21 Jan – 23 Mar 2025Second Report of the Monitor · 24 Mar 2025
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Alvarez & Marsal Canada Inc.Monitor | 26 Jan – 22 Mar 2025 | — | — | — | Second Report of the Monitor · 24 Mar 2025 |
| Osler, Hoskin & Harcourt LLPCounsel to the trustee | 21 Jan – 23 Mar 2025 | — | — | — | Second Report of the Monitor · 24 Mar 2025 |
| Date | Document | File |
|---|---|---|
| Aide Memoire | PDF · Subscribers | |
Endorsement of Justice Conway
| PDF · Subscribers | |
Service List
| PDF · Subscribers | |
| Monitor’s Certificate (Forklift Transaction) | PDF · Subscribers | |
Endorsement of Justice Osborne
| PDF · Subscribers | |
| Factum | PDF · Subscribers | |
| Motion Record | PDF · Subscribers | |
| Third Report of the Monitor | PDF · Subscribers | |
| Approval and Vesting Order (Forklift Transaction) | PDF · Subscribers | |
| Monitor’s Certificate | PDF · Subscribers | |
Expansion of Monitor’s Powers and CCAA Termination Order
| PDF · Subscribers | |
Second Report of the Monitor
| PDF · Subscribers | |
| Monitor’s Certificate (Toronto Transaction) | PDF · Subscribers | |
| First Report of the Monitor | PDF · Subscribers | |
Ancillary Relief Order
| PDF · Subscribers | |
| Approval and Vesting Order (Toronto Facility) | PDF · Subscribers | |
| Approval and Vesting Order (Delta Facility) | PDF · Subscribers | |
Application Record (CCAA Application Returnable January 28, 2025)
| PDF · Subscribers | |
| Monitor’s Certificate (Delta Transaction) | PDF · Subscribers | |
Notice of Motion
| PDF · Subscribers | |
First Report of the Proposal Trustee
| PDF · Subscribers | |
Auction And Liquidation Approval Order (Pickering Facility)
| 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., “Joriki Inc.” (CCAA), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/joriki-inc