Proceedings.

Lydian International Limited, Lydian Canada Ventures Corporation, Lydian U.K. Corporation Limited

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Proceeding
CCAACompanies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
File
CV-19-00633392-00CL
Filings held105
Last activity30 Mar 2021
On the record2,509 days
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Case updates104 dated entries · 1 undated
Undated filings1 — no date appears on the document · show
Parties

Debtor

Lydian International Limited, Lydian Canada Ventures Corporation, Lydian U.K. Corporation Limited

Monitor

Alvarez & Marsal

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice MorawetzOntario Superior Court of Justice14 orders, Dec 2019 – Jun 2020141 cases on record

Counsel of record

PartyCounselFirst seenSource
MonitorAlvarez & MarsalThornton Grout Finnigan LLP24 Jun 2020Service list · 24 Jun 2020
ApplicantLydian International Limited, Lydian Canada Ventures Corporation, Lydian U.K. Corporation LimitedStikeman Elliott LLP2 Jan 2020Order · 23 Jan 2020
CreditorCaterpillar Financial Services (UK) LimitedMcCarthy Tétrault LLP22 Jan 2020Service list · 24 Jun 2020
CreditorING Bank N.V. / ABS Svensk Exportkrerdit (publ)DLA Piper (Canada) LLP24 Jun 2020Service list · 24 Jun 2020
CreditorOrion Capital ManagementTorys LLP24 Jun 2020Service list · 24 Jun 2020
CreditorOsisko Bermuda LimitedNorton Rose Fulbright Canada LLP24 Jun 2020Service list · 24 Jun 2020
CreditorResource Capital Fund VI LPBlake, Cassels & Graydon LLP24 Jun 2020Service list · 24 Jun 2020
Capital structureAs asserted in the filings
#Priority classCreditorAmountSource
4SecuredRCFCo-lender under Credit Agreement dated November 30, 2015 (as amended); $160 million term loan; also party to Purchase and Sale Agreement (streaming arrangement) dated November 30, 2015 — Facility/original advance amount, not a stated outstanding balance — debtor: Lydian Armenia CJSC—Monitor’s First Report to Court (January 21, 2020)
4Secured
4Secured
5PMSI / lessors

3 more claims in 2 classes The stack holds Secured and PMSI / lessors claims.

Every creditor and every amount.

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See all plans⁠

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

RecoveriesAs stated in the filings

Unsecured creditors: no distribution.Under the plan · sanctionedMonitor’s Seventh Report to Court (June 25, 2020) · 25 Jun 2020

ClassCreditorClaimsRecoveryBasisSource
SecuredEquipment Lenders—no distributionUnder the plansanctionedper the monitorMonitor’s Seventh Report to Court (June 25, 2020) · 25 Jun 2020
UnsecuredLydian International Ordinary Shares—no distributionUnder the plansanctionedper the monitorMonitor’s Seventh Report to Court (June 25, 2020) · 25 Jun 2020

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.

Documents
105 filings
DateDocumentFile
Monitor’s CCAA Termination Certificate (March 30, 2021)PDF · Subscribers
Act of Court (February 24, 2021)PDF · Subscribers
Final Report to Creditors (January 20, 2021)PDF · Subscribers
Endorsement (December 18, 2020)PDF · Subscribers
Order – Stay Extension (December 18, 2020)
  • Counsel Stikeman Elliott LLP
PDF · Subscribers
Applicant’s Factum (Returnable December 18, 2020)PDF · Subscribers
Monitor’s Eighth Report to Court (December 15, 2020)PDF · Subscribers
Motion Record – Stay Extension (Returnable December 18, 2020)PDF · Subscribers
Act of Court (September 11, 2020)PDF · Subscribers
Affidavit of Max Galt (sworn September 4, 2020)PDF · Subscribers
Exhibit MG1 to the Affidavit of Max Galt (sworn September 4, 2020)PDF · Subscribers
Affidavit of Victor Flores (sworn August 6, 2020)PDF · Subscribers
Exhibits to the Affidavit of Victor Flores (sworn August 6, 2020) – pages 1 to 100PDF · Subscribers
Exhibits to the Affidavit of Victor Flores (sworn August 6, 2020) – pages 101 to 200PDF · Subscribers
Exhibits to the Affidavit of Victor Flores (sworn August 6, 2020) – pages 1051 to 1200PDF · Subscribers
Exhibits to the Affidavit of Victor Flores (sworn August 6, 2020) – pages 1201 to 1300PDF · Subscribers
Exhibits to the Affidavit of Victor Flores (sworn August 6, 2020) – pages 1301 to 1400PDF · Subscribers
Exhibits to the Affidavit of Victor Flores (sworn August 6, 2020) – pages 1401 to 1500PDF · Subscribers
Exhibits to the Affidavit of Victor Flores (sworn August 6, 2020) – pages 1501 to 1700PDF · Subscribers
Exhibits to the Affidavit of Victor Flores (sworn August 6, 2020) – pages 1701 to 1800PDF · Subscribers
Exhibits to the Affidavit of Victor Flores (sworn August 6, 2020) – pages 1801 to 1900PDF · Subscribers
Exhibits to the Affidavit of Victor Flores (sworn August 6, 2020) – pages 1900 to 2040PDF · Subscribers
Exhibits to the Affidavit of Victor Flores (sworn August 6, 2020) – pages 201 to 400PDF · Subscribers
Exhibits to the Affidavit of Victor Flores (sworn August 6, 2020) – pages 2041 to 2140PDF · Subscribers
Exhibits to the Affidavit of Victor Flores (sworn August 6, 2020) – pages 401 to 600PDF · Subscribers
Exhibits to the Affidavit of Victor Flores (sworn August 6, 2020) – pages 601 to 780PDF · Subscribers
Exhibits to the Affidavit of Victor Flores (sworn August 6, 2020) – pages 781 to 850PDF · Subscribers
Exhibits to the Affidavit of Victor Flores (sworn August 6, 2020) – pages 851 to 900PDF · Subscribers
Exhibits to the Affidavit of Victor Flores (sworn August 6, 2020) – pages 901 to 980PDF · Subscribers
Exhibits to the Affidavit of Victor Flores (sworn August 6, 2020) – pages 981 to 1050PDF · Subscribers
Representation of Lydian International Limited (August 6, 2020)PDF · Subscribers
Affidavit of Alan J. Hutchens (sworn August 5, 2020)PDF · Subscribers
Exhibits to the Affidavit of Alan J. Hutchens (Sworn August 5, 2020) – pages 1 to 150PDF · Subscribers
Exhibits to the Affidavit of Alan J. Hutchens (Sworn August 5, 2020) – pages 151 to 200PDF · Subscribers
Exhibits to the Affidavit of Alan J. Hutchens (Sworn August 5, 2020) – pages 201 to 251PDF · Subscribers
Exhibits to the Affidavit of Alan J. Hutchens (Sworn August 5, 2020) – pages 251 to 325PDF · Subscribers
Exhibits to the Affidavit of Alan J. Hutchens (Sworn August 5, 2020) – pages 326 to 400PDF · Subscribers
Exhibits to the Affidavit of Alan J. Hutchens (Sworn August 5, 2020) – pages 401 to 500PDF · Subscribers
Exhibits to the Affidavit of Alan J. Hutchens (Sworn August 5, 2020) – pages 501 to 600PDF · Subscribers
Exhibits to the Affidavit of Alan J. Hutchens (Sworn August 5, 2020) – pages 601 to 638
  • Counsel Thornton Grout Finnigan LLP
PDF · Subscribers
Endorsement (July 10, 2020)PDF · Subscribers
Letter of Request to the Royal Court of Jersey (July 10, 2020)PDF · Subscribers
Order – Plan Sanction and Implementation (June 29, 2020)
  • Counsel Stikeman Elliott LLP
  • Presiding officer Justice Morawetz
PDF · Subscribers
Service List (June 29, 2020)
  • Counsel Stikeman Elliott LLP
PDF · Subscribers
Supplemental Motion Record – Sanction and Implementation Order (Redacted) (Returnable June 29, 2020)
  • Counsel Stikeman Elliott LLP
PDF · Subscribers
Applicants’ Factum (Returnable June 29, 2020)PDF · Subscribers
Endorsement – Meeting Order (June 25, 2020)PDF · Subscribers
Monitor’s Seventh Report to Court (June 25, 2020)
  • Recovery outcome Entries: per plan; per plan · Stated on: 2020-06-25 · Table missing:
PDF · Subscribers
Motion Record – Sanction and Implementation Order (Returnable June 29, 2020) – Part 1 of 3PDF · Subscribers
Motion Record – Sanction and Implementation Order (Returnable June 29, 2020) – Part 2 of 3PDF · Subscribers
Motion Record – Sanction and Implementation Order (Returnable June 29, 2020) – Part 3 of 3PDF · Subscribers
Service List (June 24, 2020)
  • Counsel Thornton Grout Finnigan LLP
PDF · Subscribers
Monitor’s Sixth Report to Court (June 22, 2020)PDF · Subscribers
Order – Plan Meeting (June 18, 2020)
  • Presiding officer Justice Mora Wetz
PDF · Subscribers
Monitor’s Fifth Report to Court (June 16, 2020)
  • Recovery outcome Entries: per plan; per plan · Stated on: 2020-06-16 · Table missing:
PDF · Subscribers
Motion Record (Redacted) (Motion Returnable June 18, 2020)PDF · Subscribers
Order (CAT Settlement) (May 4, 2020)
  • Presiding officer Justice Morawetz
PDF · Subscribers
Order (SEK Settlement) (May 4, 2020)
  • Presiding officer Justice Morawetz
PDF · Subscribers
Applicants’ Book of Authorities (April 30, 2020)PDF · Subscribers
Applicants’ Factum (April 30, 2020)PDF · Subscribers
Endorsement (April 30, 2020)PDF · Subscribers
Order – DIP Amendment Approval and Stay Extension (April 30, 2020)
  • Presiding officer Justice Morawetz
PDF · Subscribers
Supplementary Motion Record (Redacted)(Motion Returnable April 30, 2020)PDF · Subscribers
Monitor’s Fourth Report to Court (April 27, 2020)PDF · Subscribers
Motion Record (Redacted)(Motion Returnable April 30, 2020)PDF · Subscribers
Supplement to the Fourth Report (April 20, 2020)PDF · Subscribers
Reasons for Decision (March 17, 2020)PDF · Subscribers
Endorsement (March 11, 2020)
  • Counsel Stikeman Elliott LLP
PDF · Subscribers
Order (Stay Extension)(March 11, 2020)
  • Counsel Stikeman Elliott LLP
  • Presiding officer Justice Morawetz
PDF · Subscribers
Applicants’ Book of Authorities (Returnable March 11, 2020)PDF · Subscribers
Applicants’ Factum (Returnable March 11, 2020)PDF · Subscribers
Monitor’s Third Report to Court (March 10, 2020)PDF · Subscribers
Motion Record (Redacted)(Returnable March 11, 2020)PDF · Subscribers
Endorsement (March 2, 2020)PDF · Subscribers
Motion Record – Stay Extension (March 2, 2020)PDF · Subscribers
Order (Stay Extension)(March 2, 2020)
  • Counsel Stilceman Elliott LLP
  • Presiding officer Justice Morawetz
PDF · Subscribers
Monitor’s Second Report to Court (February 28, 2020)PDF · Subscribers
Affidavit of Max Galt (Sworn February 20, 2020)PDF · Subscribers
Notice of Appearance – ING Bank N.V. and ABS Svensk Exportkredit (publ) (February 20, 2020)PDF · Subscribers
Affidavit of L. Pillon (Sworn February 18, 2020)PDF · Subscribers
Representation of Lydian International Limited (January 31, 2020)PDF · Subscribers
Affidavit of Alan J. Hutchens (sworn January 30, 2020)PDF · Subscribers
Affidavit of Edward J. Sellers (sworn January 30, 2020)PDF · Subscribers
Amended and Restated Initial Order (January 23, 2020)
  • Counsel Stikeman Elliott LLP
  • Presiding officer Justice Morawetz
PDF · Subscribers
Endorsement (Caterpillar Objection)(January 23, 2020)
  • Presiding officer Justice Geoffrey B. Morawetz
PDF · Subscribers
Endorsement (Comeback Motion)(January 23, 2020)
  • Presiding officer Justice Geoffrey B. Morawetz
PDF · Subscribers
Order (Stay Extension and Sealing)(January 23, 2020)
  • Counsel Stikeman Elliott LLP
  • Presiding officer Justice Morawetz
PDF · Subscribers
Brief of Authorities of Caterpillar – Objection (January 22, 2020)PDF · Subscribers
Factum of Caterpillar – Objection (January 22, 2020)
  • Counsel McCarthy Tétrault LLP
PDF · Subscribers
Motion Record of Caterpillar – Objection (January 22, 2020)PDF · Subscribers
Notice of Appearance – Caterpillar Financial Services (UK) Limited (January 22, 2020)PDF · Subscribers
Monitor’s First Report to Court (January 21, 2020)
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Motion Record (Comeback Hearing) (Returnable January 23, 2020)PDF · Subscribers
Endorsement (January 2, 2020)
  • Presiding officer Justice Geoffrey B. Morawetz
PDF · Subscribers
Order (Stay Extension)(January 2, 2020)
  • Counsel Stikeman Elliott LLP
  • Presiding officer Justice Morawetz
PDF · Subscribers
Amended Motion Record (Stay Extension) (Returnable January 2, 2020)PDF · Subscribers
Application Record – Motion for Initial Order (Returnable December 23, 2019) (Part 2 of 3)PDF · Subscribers
Application Record – Motion for Initial Order (Returnable December 23, 2019) (Part 3 of 3)PDF · Subscribers
Book of Authorities – (Initial Application)(Returnable December 23, 2019)(Part 2 of 2)PDF · Subscribers
Endorsement (December 23, 2019)
  • Presiding officer Justice Geoffrey B. Morawetz
PDF · Subscribers
Initial Order and Letter of Request (December 23, 2019)
  • Applicant LYDIAN INTERNATIONAL LIMITED, LYDIAN CANADA VENTURES CORPORATION AND LYDIAN U.K. CORPORATION LIMITED
  • Appointee Alvarez & Marsal Canada Inc.
  • Appointee role Monitor
  • Commencement date 23 December 2019
  • + 3 more extracted facts
PDF · Subscribers
Application Record – Motion for Initial Order (Returnable December 23, 2019) (Part 1 of 3)PDF · Subscribers
Book of Authorities – (Initial Application)(Returnable December 23, 2019)(Part 1 of 2)PDF · Subscribers
Factum of the Applicants (for Initial Application)(Returnable December 23, 2019)PDF · Subscribers
Order (Recognition)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., “Lydian International Limited, Lydian Canada Ventures Corporation, Lydian U.K. Corporation Limited” (CCAA), Ontario Superior Court of Justice. Retrieved 5 November 2026, https://proceedings.ca/case/lydian-international-limited-lydian-canada-ventures-corporation-lydian-u-k-corpo

Sources last checked · record updated 31 August 2026 · Report a correction · Printed from proceedings.ca/case/lydian-international-limited-lydian-canada-ventures-corporation-lydian-u-k-corpo

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.