Old CLHC Company, Old CBHC Company, Old CBCLSC Company, Old CBSFC Company, Old 616CL Limited and Old KCRFL Limited
Follow- Proceeding
- CCAACompanies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
- File
- CV-19-631523-00CL
- Industry
- Manufacturing · Food & beverage manufacturing
Clover Leaf Holdings Company, Connors Bros. Clover Leaf Seafoods Company, Connors Bros. Holdings Company, Connors Bros. Seafoods Company, K.C.R. Fisheries Ltd. and 6162410 Canada Limited obtained relief under the Companies' Creditors Arrangement Act on November 22, 2019, in the Ontario Superior Court of Justice (Commercial List), court file CV-19-631523-00CL. The proceedings remain active. As of October 26, 2019, the Clover Leaf share of secured debt was approximately US$180.2 million (C$235.4 million), comprising roughly US$143.3 million under the prepetition term loan agented by Brookfield Principal Credit, LLC and roughly US$36.9 million under the Wells Fargo ABL facility, both cross-collateralized and cross-guaranteed with Bumble Bee U.S. Unsecured exposure included approximately C$14.8 million owed to trade suppliers and C$9.5 million in accrued customer rebate and promotional amounts.
Endorsement of Justice Hainey – Distribution, Discharge & Termination (January 29, 2021) — Endorsement / reasons
Endorsement of Justice Hainey – Fee Approval and Stay (September 29, 2020) — Endorsement / reasons
Applicants' Book of Authorities (CCAA Application) (Jan 27, 2020) — Application / notice of application
Draft Order (Bidding Procedures, Stalking Horse Approval and Stay Extension) (Blackline) (Dec 20, 2019) — Sale process approval order
Draft Order (Bidding Procedures, Stalking Horse Approval and Stay Extension) (Dec 20, 2019) — Sale process approval order
Order (Bidding Procedures, Stalking Horse Approval and Stay Extension) (Dec 20, 2019) — Sale process approval order
Granted on Friday, November 22, 2019, opening CCAA proceedings for the six Clover Leaf applicants on the Toronto Commercial List, one day after the related Chapter 11 filings by Bumble Bee U.S.
Source: Initial Order (Nov 22, 2019)
Application Record – Motion for the Initial Order (dated Nov 22, 2019) — Application / notice of application
Debtor
Old CLHC Company, Old CBHC Company, Old CBCLSC Company, Old CBSFC Company, Old 616CL Limited and Old KCRFL Limited
Monitor
Alvarez & Marsal
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Hainey | Ontario Superior Court of Justice | 12 orders, Nov 2019 – Jan 2021 | 211 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorAlvarez & Marsal | Osler, Hoskin & Harcourt LLP | 25 Mar 2020 | Application · 22 Jan 2021 |
| ApplicantOld CLHC Company, Old CBHC Company, Old CBCLSC Company, Old CBSFC Company, Old 616CL Limited and Old KCRFL Limited | Bennett Jones LLP | 31 Jan 2020 | Application · 31 Jan 2020 |
| CreditorJanuary 23, 2020 at (prevailing Eastern Time) | Paul, Weiss, Rifkind, Wharton & Garrison LLP | 19 Dec 2019 | Affidavit · 19 Dec 2019 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Prepetition Term Loan lenders (Brookfield Principal Credit, LLC, as administrative agent and collateral agent)All present and after-acquired personal property of the Prepetition Term Loan Credit Parties (Pre-Filing Term Loan Security). First priority on Term Loan Priority Collateral; second priority on ABL Priority Collateral. Cross-collateralized and cross-guaranteed with Bumble Bee U.S. — Amount is the Clover Leaf share of approx. US$143.3M (US$649.2M total group term loan outstanding, approx. US$505.9M Bumble Bee U.S.). Original principal was US$650M, of which approx. US$143.5M was issued to the Canadian borrower (original advance, not balance). Prepayment premium of up to 5.0% if repaid before Apr · as of 26 Oct 2019 | $143M USD | First Report of the Monitor (Nov 24, 2019) |
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
5 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 plansClosed · the record states no distribution outcome.
| Date | Document | File |
|---|---|---|
| Monitor’s Certificate (July 23, 2021) | PDF · Subscribers | |
Distribution, Discharge & Termination Order (January 29, 2021)
| PDF · Subscribers | |
Endorsement of Justice Hainey – Distribution, Discharge & Termination (January 29, 2021)
| PDF · Subscribers | |
Motion Record (Jan 22, 2021)
| PDF · Subscribers | |
| Sixth Report of the Monitor (Jan 22, 2021) | PDF · Subscribers | |
Endorsement of Justice Hainey – Fee Approval and Stay (September 29, 2020)
| PDF · Subscribers | |
Order – Fee Approval and Stay (September 29, 2020)
| PDF · Subscribers | |
| Fifth Report of the Monitor (Sep 22, 2020) | PDF · Subscribers | |
Motion Record (Sep 22, 2020)
| PDF · Subscribers | |
| Fourth Report of the Monitor (Mar 25, 2020) | PDF · Subscribers | |
Motion Record (Stay Extension) (Mar 25, 2020)
| PDF · Subscribers | |
Amended Notice of Application (Jan 31, 2020)
| PDF · Subscribers | |
| Monitor's Certificate (Jan 31, 2020) | PDF · Subscribers | |
Endorsement of Justice Hainey (Jan 28, 2020)
| PDF · Subscribers | |
| Monitor's Expansion of Powers & Stay Extension Order (Jan 28, 2020) | PDF · Subscribers | |
| Stalking Horse Approval and Vesting Order (Jan 28, 2020) | PDF · Subscribers | |
| Affidavit of Aiden Nelms (sworn Jan 27, 2020) | PDF · Subscribers | |
| Applicants' Book of Authorities (CCAA Application) (Jan 27, 2020) | PDF · Subscribers | |
| Factum of the Applicants (Jan 27, 2020) | PDF · Subscribers | |
| Third Report of the Monitor (Jan 27, 2020) | PDF · Subscribers | |
| Motion Record (Stalking Horse Approval and Vesting Order, Monitor’s Expansion of Powers and Stay Extension Order) (Returnable Jan 28, 2020) (Volume 1 of 3) (Jan 21, 2020) | PDF · Subscribers | |
| Motion Record (Stalking Horse Approval and Vesting Order, Monitor’s Expansion of Powers and Stay Extension Order) (Returnable Jan 28, 2020) (Volume 2 of 3) (Jan 21, 2020) | PDF · Subscribers | |
| Motion Record (Stalking Horse Approval and Vesting Order, Monitor’s Expansion of Powers and Stay Extension Order) (Returnable Jan 28, 2020) (Volume 3 of 3) (Jan 21, 2020) | PDF · Subscribers | |
| Draft Order (Bidding Procedures, Stalking Horse Approval and Stay Extension) (Blackline) (Dec 20, 2019) | PDF · Subscribers | |
| Draft Order (Bidding Procedures, Stalking Horse Approval and Stay Extension) (Dec 20, 2019) | PDF · Subscribers | |
Endorsement of Justice Hainey (Dec 20, 2019)
| PDF · Subscribers | |
Order (Bidding Procedures, Stalking Horse Approval and Stay Extension) (Dec 20, 2019)
| PDF · Subscribers | |
Second Amended and Restated Initial Order (Dec 20, 2019)
| PDF · Subscribers | |
Affidavit of Aiden Nelms (sworn Dec 19, 2019)
| PDF · Subscribers | |
| Applicants' Book of Authorities (Dec 16, 2019) | PDF · Subscribers | |
| Factum of the Applicants (Dec 16, 2019) | PDF · Subscribers | |
| Second Report of the Monitor (Dec 16, 2019) | PDF · Subscribers | |
| Motion Record (Dec 12, 2019) (Volume 1 of 3) | PDF · Subscribers | |
| Motion Record (Dec 12, 2019) (Volume 2 of 3) | PDF · Subscribers | |
| Motion Record (Dec 12, 2019) (Volume 3 of 3) | PDF · Subscribers | |
Endorsement of Justice Hainey (Dec 4, 2019)
| PDF · Subscribers | |
Amended and Restated Initial Order (Nov 25, 2019)
| PDF · Subscribers | |
Endorsement of Justice Hainey (Nov 25, 2019)
| PDF · Subscribers | |
| Book of Authorities of the Applicants (CCAA Application) (Nov 24, 2019) | PDF · Subscribers | |
| Factum of the Applicants (CCAA Application) (Nov 24, 2019) | PDF · Subscribers | |
First Report of the Monitor (Nov 24, 2019)
| PDF · Subscribers | |
| Motion Record (Nov 24, 2019) (Volume 1 of 6) | PDF · Subscribers | |
| Motion Record (Nov 24, 2019) (Volume 2 of 6) | PDF · Subscribers | |
| Motion Record (Nov 24, 2019) (Volume 3 of 6) | PDF · Subscribers | |
| Motion Record (Nov 24, 2019) (Volume 4 of 6) | PDF · Subscribers | |
| Motion Record (Nov 24, 2019) (Volume 5 of 6) | PDF · Subscribers | |
| Motion Record (Nov 24, 2019) (Volume 6 of 6) | PDF · Subscribers | |
| Application Record – Motion for the Initial Order (dated Nov 22, 2019) | PDF · Subscribers | |
Endorsement of Justice Hainey (Nov 22, 2019)
| PDF · Subscribers | |
Initial Order (Nov 22, 2019)
| PDF · Subscribers | |
| Affidavit of Gary Ware (sworn Nov 21, 2019) | 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., “Old CLHC Company, Old CBHC Company, Old CBCLSC Company, Old CBSFC Company, Old 616CL Limited and Old KCRFL Limited” (CCAA), Ontario Superior Court of Justice. Retrieved 16 October 2026, https://proceedings.ca/case/old-clhc-company-old-cbhc-company-old-cbclsc-company-old-cbsfc-company-old-616cl