Mitel Networks Corporation
Follow- Proceeding
- Foreign recognition (CCAA)SECTION 46 OF THE COMPANIES’ CREDITORS ARRANGEMENT ACT , R.S.C. 1985, c. C-36, AS AMENDED
- Court
- Ontario Superior Court of Justice · Commercial List
- File
- CV-25-00738691-00CL
Mitel Networks Corporation is the subject of a foreign recognition proceeding under section 46 of the Companies' Creditors Arrangement Act, brought before the Ontario Superior Court of Justice (Commercial List) in Court File No. CV-25-00738691-00CL and commenced on March 10, 2025. The court granted an interim order that same day. MNC guarantees the Mitel Group's secured funded debt, stated in the record at approximately US$1.31 billion as of the March 10, 2025 petition date, including US$156 million of Priority Lien term loans, US$576 million of Second Lien term loans, US$235 million of Legacy Senior term loans and US$108 million of Legacy Junior term loans. MNC granted Canadian security for the Senior and Junior Loans but not for the ABL Loans. The proceeding is closed.
Factum of the Applicant (Motion for Confirmation Recognition and Termination Order) — Application / notice of application
Motion for Confirmation Recognition and Termination Order — Application / notice of application
Ontario court granted an interim order on the section 46 recognition application, on the same date the underlying foreign petition was filed.
Outcome brief
Mitel: 2.9% of the revenue, 100% of the guarantee
Mitel Networks Corporation was one leased office in Ottawa, 323 employees and a guarantee of the group's entire US$1.31 billion of funded debt; its CCAA Part IV recognition proceeding ran 106 days and ended on a three-page certificate from FTI.
Debtor
Mitel Networks Corporation
Information officer
FTI
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Conway | Ontario Superior Court of Justice | 4 orders, Mar 2025 – Apr 2025 | 310 cases on record |
| Justice Osborne | Ontario Superior Court of Justice | 2 orders, Apr 2025 | 168 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Applicant | Goodmans LLP | 10 Mar 2025 | Order · 10 Mar 2025 |
| CreditorAd Hoc Group | Bennett Jones LLP | 10 Apr 2025 | Service list · 10 Apr 2025 |
| CreditorFTI Consulting Canada Inc., the proposed Information Officer | Stikeman Elliott LLP | 10 Apr 2025 | Service list · 10 Apr 2025 |
| CreditorJunior Collateral Agent | Cadwalader, Wickersham & Taft LLP | 10 Apr 2025 | Service list · 10 Apr 2025 |
| CreditorSenior Collateral Agent | Arentfox Schiff LLP | 10 Apr 2025 | Service list · 10 Apr 2025 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | All Secured Funded Debt Lenders (aggregate, ABL + Senior + Junior Loans)as of March 2025 — Aggregate of ABL Loans, Senior Loans, and Junior Loans tranches listed individually above — Document-stated total secured funded debt of the Company as of the Petition Date; MNC is a guarantor of the entire $1.31 billion (para 42), though it has granted security only in respect of the Senior and Junior Loans, not the ABL Loans (para 29). — debtor: Mitel Group (MNC is guarantor of the entire amount) | $1.31B USD | Pre-Filing Report of the Proposed Information Officer |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured |
10 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: paid in full.Under the planFirst Report of the Information Officer · 8 Apr 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | paid in full | Under the planper the monitor | First Report of the Information Officer · 8 Apr 2025 |
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.
2 engagements · 2 firms — latest: Stikeman Elliott LLP, 25 Feb – 14 Apr 2025, in feesSecond Report of the Information Officer · 22 Apr 2025
| Firm | Period | Hours | Fees | Rates | Source | |||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FTI Consulting Canada Inc.Information officer | 3 Mar – 31 Mar 2025 | 3 people | Second Report of the Information Officer · 22 Apr 2025 | |||||||||||||||||||||||||||||||||||||||||||||||
3 people — FTI Consulting Canada Inc., 3 Mar – 31 Mar 2025 · 10 blurred figures
| ||||||||||||||||||||||||||||||||||||||||||||||||||
| Stikeman Elliott LLPCounsel to the information officer | 25 Feb – 14 Apr 2025 | 8 people | Second Report of the Information Officer · 22 Apr 2025 | |||||||||||||||||||||||||||||||||||||||||||||||
8 people — Stikeman Elliott LLP, 25 Feb – 14 Apr 2025 · 16 blurred figures
| ||||||||||||||||||||||||||||||||||||||||||||||||||
32 blurred figures above
What each firm billed, and each person’s hours and rate — each as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
| Termination Certificate of the Information Officer | PDF · Subscribers | |
Endorsement of Justice Osborne
| PDF · Subscribers | |
Confirmation Recognition and Termination Order
| PDF · Subscribers | |
Factum of the Applicant (Motion for Confirmation Recognition and Termination Order)
| PDF · Subscribers | |
| Motion for Confirmation Recognition and Termination Order | PDF · Subscribers | |
Second Report of the Information Officer
| PDF · Subscribers | |
Endorsement of Justice Conway
| PDF · Subscribers | |
Second Supplemental Order
| PDF · Subscribers | |
Service List
| PDF · Subscribers | |
First Report of the Information Officer
| PDF · Subscribers | |
Initial Recognition Order (Foreign Main Proceeding)
| PDF · Subscribers | |
| Supplemental Order (Foreign Main Proceeding) | PDF · Subscribers | |
| Factum of the Applicant (Application for Initial Recognition Order and Supplemental Order) | PDF · Subscribers | |
Pre-Filing Report of the Proposed Information Officer
| PDF · Subscribers | |
Application Record
| PDF · Subscribers | |
| Factum of the Applicant (Application for Interim Stay Order) | PDF · Subscribers | |
Interim Stay Order (Foreign Proceeding)
| 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., “Mitel Networks Corporation” (Foreign recognition (CCAA)), Ontario Superior Court of Justice · Commercial List. Retrieved 4 November 2026, https://proceedings.ca/case/mitel-networks-corporation