Proceedings.

Paladin Labs Canadian Holding Inc. and Paladin Labs Inc.

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Closed
Proceeding
Foreign recognition (CCAA)section 49 of the Companies’ Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended ("CCAA")
Court
Ontario Superior Court of Justice
Filings held56
Last activity29 Dec 2025
OverviewSummary updated

Paladin Labs Canadian Holding Inc. and Paladin Labs Inc. were the debtors in insolvency proceedings brought in Ontario, before the Ontario Superior Court of Justice on its Commercial List. The two entities were carried in a single matter under one caption rather than in separate files. The proceeding has since been closed, and the two Paladin Labs companies are no longer before the Commercial List in this matter.

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Case updates55 dated entries · 1 undated
Undated filings1 — no date appears on the document · show
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Filing

Chapter 11 Proceedings Documents — Application filed

PDF

Parties

Debtor

Paladin Labs Canadian Holding Inc. and Paladin Labs Inc.

Information officer

AlixPartners

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice MorawetzOntario Superior Court of Justice15 orders, Aug 2022 – Dec 2025130 cases on record

Counsel of record

PartyCounselFirst seenSource
ApplicantGoodmans LLP19 Aug 2022Order · 19 Aug 2022
DebtorPaladin Labs Canadian Holding Inc. and Paladin Labs Inc.Goodmans LLP20 Oct 2022Service list · 20 Oct 2022
Foreign representativeGoodmans LLP26 Nov 2025Factum · 26 Nov 2025
CreditorAd Hoc First Lien GroupStikeman Elliott LLP20 Oct 2022Service list · 20 Oct 2022
CreditorInformation OfficerBennett Jones LLP20 Oct 2022Service list · 20 Oct 2022
CreditorJanssen IncBlake, Cassels & Graydon LLP20 Oct 2022Service list · 20 Oct 2022
CreditorMcKesson Canada CorporationDavies Ward Phillips & Vineberg LLP20 Oct 2022Service list · 20 Oct 2022
CreditorMylan Pharmaceuticals ULC and BGP Pharma ULCMcMillan LLP20 Oct 2022Service list · 20 Oct 2022
CreditorSanis Health Inc., Shoppers Drug Mart IncOsler, Hoskin & Harcourt LLP20 Oct 2022Service list · 20 Oct 2022
RecoveriesAs stated in the filings

Unsecured creditors: 44.5 %. Canadian Provinces up to $7.25M USD.Under the planSeventh Report of the Information Officer · 26 Nov 2025

ClassCreditorClaimsRecoveryBasisSource
UnsecuredCanadians with PI Opioid Claims (PI Trust)—44.5 %conditionalUnder the planSeventh Report of the Information Officer · 26 Nov 2025
UnsecuredCanadian Provinces—up to $7.25M USDUnder the planSeventh Report of the Information Officer · 26 Nov 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.

Fees and ratesAs stated in the filings

1 engagement · 1 firm — Bennett Jones LLP, to 31 Mar 2023, $166,042.00 soughtThird Report of the Information Officer · 20 Apr 2023

FirmPeriodHoursFeesRatesSource
Bennett Jones LLPCounsel to the information officerto 31 Mar 2023Sought231.4$166,042.00ex. tax$525 – $1,0356 peopleThird Report of the Information Officer · 20 Apr 2023
6 people — Bennett Jones LLP, to 31 Mar 2023
NameYear of callHoursRateFees
Sean Zweig200931.1$1,035$32,188.50
Kris Hanc20072.8$975$2,730.00
Sean Zweig200950.3$960$48,288.00
I. Ishai20110.8$815$652.00
Joshua Foster202050.7$630$31,941.00
Joshua Foster202095.7$525$50,242.50
Total—231.4—$166,042.00

Top rate $1,035 · 30th percentile of counsel rates, 2023 · of 54

Documents
56 filings
DateDocumentFile
Notice to Creditors dated December 29, 2025 - Paladin Labs Canadian Holding Inc.PDF
Notice to Creditors dated December 29, 2025 - Paladin Labs Inc.PDF
Certificate of Appointment dated December 23, 2025 - Paladin Labs Canadian Holding Inc.PDF
Certificate of Appointment dated December 23, 2025 - Paladin Labs Inc.PDF
Termination Certificate dated December 23, 2025PDF
Endoresement of Justice Geoffrey B. Morawetz dated December 18, 2025
  • Presiding officer Justice Geoffrey B. Morawetz
PDF
Termination Order dated December 2, 2025
  • Presiding officer Justice Morawetz
PDF
Factum of the Foreign Representative dated November 26, 2025
  • Counsel Goodmans LLP
PDF
Seventh Report of the Information Officer dated November 26, 2025
  • Recovery outcome Entries: per plan; per plan; per plan; per plan; per plan; per plan · Table missing:
PDF
Motion Record of Paladin Labs Inc. dated November 21, 2025PDF
Endorsement of Justice Morawetz dated April 16, 2024
  • Presiding officer Justice Morawetz
PDF
Paladin Plan Recognition Order dated April 16, 2024PDF
Sixth Report of the Information Officer dated April 11, 2024PDF
Factum of Paladin Labs Inc. dated April 5, 2024PDF
Motion Record of Paladin Labs Inc. dated April 5, 2024PDF
Endorsement of Justice Morawetz dated January 26, 2024
  • Presiding officer Justice Morawetz
PDF
Court Order dated January 24, 2024PDF
Factum of the Foreign Representative re Motion returnable January 24, 2024PDF
Motion Record of Paladin Labs Inc. returnable January 24, 2024PDF
Fifth Report of the Information Officer dated January 22, 2024PDF
Endorsement of Justice Morawetz dated January 17, 2024
  • Presiding officer Justice Morawetz
PDF
Supplementary Motion Record returnable December 4, 2023PDF
Fourth Report of the Information Officer dated November 29, 2023PDF
Affidavit of Erik Axell sworn November 27, 2023PDF
Book of Authorities of the Ad Hoc First Lien Group dated November 27, 2023PDF
Factum of the Ad Hoc First Lien Group dated November 27, 2023
  • Counsel Stikeman Elliott LLP
PDF
Reply Factum of Paladin Labs dated November 27, 2023PDF
Factum of the Quebec Opioid Class Action Plaintiff dated November 17, 2023PDF
Supplemental Affidavit of Margo Siminovitch sworn November 17, 2023PDF
Exhibits to the Supplemental Siminovitch Affidavit dated November 16, 2023PDF
Motion Record of the Quebec Opioid Class Action Plaintiff dated October 16, 2023PDF
Endorsement of Justice Morawetz dated April 28, 2023
  • Presiding officer Justice Morawetz
PDF
Factum of the Applicant re Motion returnable April 25, 2023PDF
Fourth Supplemental Order dated April 25, 2023
  • Presiding officer Justice Morawetz
PDF
Motion Record of Paladin Labs Inc. returnable April 25, 2023PDF
Third Report of the Information Officer dated April 20, 2023
  • Fee schedule Engagements: Form: invoice_listing · Rows: K. Hanc; S. Zweig; S. Zweig; I. Ishai; J. Foster; J. Foster; Fees: 166042 · Hours: 231.4 · Quote: Total | | | 231.4 | $166,042.00 · Row kind: subtotal · Rate kind: standard · Name as stated: Total · Money: Tax: $21.6K · Label: GST/HST · Quote: $21,623.73 · Fees: $166K · Quote: $166,042.00 · Total: $188K · Quote: $187,959.98 · includes tax · includes disbursements · Approximate: false · Disbursements: $294 · Quote: $294.25 · Period: End: 2023-03-31 · Kind: cumulative · Quote: approve the fees and disbursements of the Information Officer and Bennett Jones for the period from the commencement of the proceedings to March 31, 2023. · Approval: Quote: approve the fees and disbursements of the Information Officer and Bennett Jones for the period from the commencement of the proceedings to March 31, 2023. · State: sought · Averages: — · Currency: Code: CAD · Quote: Total Due in CAD · Invoices: Tax: 3407.4 · Date: 2022-09-20 · Fees: 25957.5 · Quote: Invoice # 1 | August 31, 2022 | September 20, 2022 | $25,957.50 | $253.25 | $3,407.40 | $29,618.15 · Total: 29618.15 · Period end: 2022-08-31 · Disbursements: 253.25; Tax: 1663.35 · Date: 2022-10-11 · Fees: 12795 · Quote: Invoice # 2 | September 30, 2022 | October 11, 2022 | $12,795.00 | $0.00 | $1,663.35 | $14,458.35 · Total: 14458.35 · Period end: 2022-09-30 · Disbursements: 0; Tax: 3636.56 · Date: 2022-11-04 · Fees: 27973.5 · Quote: Invoice # 3 | October 28, 2022 | November 4, 2022 | $27,973.50 | $0.00 | $3,636.56 | $31,610.06 · Total: 31610.06 · Period end: 2022-10-28 · Disbursements: 0; Tax: 3616.28 · Date: 2022-12-20 · Fees: 27776.5 · Quote: Invoice # 4 | November 29, 2022 | December 20, 2022 | $27,776.50 | $41.00 | $3,616.28 | $31,433.78 · Total: 31433.78 · Period end: 2022-11-29 · Disbursements: 41; Tax: 963.3 · Date: 2022-12-31 · Fees: 7410 · Quote: Invoice # 5 | December 29, 2022 | December 31, 2022 | $7,410.00 | $0.00 | $963.30 | $8,373.30 · Total: 8373.3 · Period end: 2022-12-29 · Disbursements: 0; Tax: 3669.12 · Date: 2023-02-07 · Fees: 28224 · Quote: Invoice # 6 | January 30, 2023 | February 7, 2023 | $28,224.00 | $0.00 | $3,669.12 | $31,893.12 · Total: 31893.12 · Period end: 2023-01-30 · Disbursements: 0; Tax: 1525.1 · Date: 2023-03-03 · Fees: 11731.5 · Quote: Invoice # 7 | February 28, 2023 | March 3, 2023 | $11,731.50 | $0.00 | $1,525.10 | $13,256.60 · Total: 13256.6 · Period end: 2023-02-28 · Disbursements: 0; Tax: 3142.62 · Date: 2023-04-11 · Fees: 24174 · Quote: Invoice # 8 | March 28, 2023 | April 11, 2023 | $24,174.00 | $0.00 | $3,142.62 | $27,316.62 · Total: 27316.62 · Period end: 2023-03-28 · Disbursements: 0 · Firm text: Bennett Jones LLP · Firm quote: BENNETT JONES LLP · Hours total: Quote: 231.4 · Value: 231.4 · Context quote: The total legal fees (exclusive of disbursements and general and harmonized sales taxes) billed by Bennett Jones for the aforementioned accounts to March 31, 2023, in connection with its role as counsel to the Information Officer, are $166,042.00.
PDF
Third Affidavit of Daniel Vas sworn April 18, 2023PDF
Endorsement of Justice Morawetz dated November 29, 2022
  • Presiding officer Justice Morawetz
PDF
Third Supplemental Order dated November 29, 2022
  • Presiding officer Justice Morawetz
PDF
Second Report of the Information Officer dated November 24, 2022PDF
Motion Record of Paladin Labs Inc. returnable November 23, 2022PDF
Service List as at October 20, 2022
  • Counsel McMILLAN LLP
PDF
Endorsement of Justice Morawetz dated October 17, 2022
  • Presiding officer Justice Morawetz
PDF
Affidavit of Erik Axell dated October 13, 2022PDF
Motion Record Returnable October 13, 2022
  • Proceeding type recognition_ccaa
  • Statutory basis section 49 of the Companies’ Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended ("CCAA")
PDF
Second Supplemental Order dated October 13, 2022
  • Presiding officer Justice Morawetz
PDF
First Report of the Information Officer dated October 10, 2022PDF
Endorsement of Justice Morawetz dated August 30, 2022
  • Presiding officer Justice Morawetz
PDF
Initial Recognition Order dated August 19, 2022
  • Counsel Goodmans LLP
  • Presiding officer Justice Morawetz
PDF
Second Affidavit of Nargis Fazli dated August 19, 2022PDF
Supplemental Court Order dated August 19, 2022
  • Presiding officer Justice Morawetz
PDF
Application Record returnable August 17, 2022
  • Court ONTARIO SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • Proceeding type recognition_ccaa
  • Statutory basis Companies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
PDF
Endorsement of Justice Morawetz dated August 17, 2022
  • Presiding officer Justice Morawetz
PDF
Factum of the Applicant dated August 17, 2022PDF
Interim Order dated August 17, 2022PDF
Chapter 11 Proceedings DocumentsPDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Paladin Labs Canadian Holding Inc. and Paladin Labs Inc.” (Foreign recognition (CCAA)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/paladin-labs-canadian-holding-inc-and-paladin-labs-inc

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Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/paladin-labs-canadian-holding-inc-and-paladin-labs-inc

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.