Planet Organic Health Corp. and Darwen Holdings Ltd. remain under active protection in proceedings commenced 29 April 2010 under the Companies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended, in the Ontario Superior Court of Justice under court file 10-8699-00CL. Deloitte & Touche Inc. is Monitor. A creditor accounts payable listing for the two debtors runs to several hundred trade and service suppliers, headed by The Catalyst Capital Group Inc. at USD 30,195,336.20, with no security stated on that listing. The next largest entries are Horizon Distributors at $268,492.73, Pro-Organics Marketing Inc at $261,502.44, Ontario Natural Food Co-op at $133,357.90, SunOpta Grocery West at $117,640.48 and left coast NATURALS at $106,118.95. WCB Alberta is listed at $12,352.55.
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The officer filed report no. Eighth Report. The Applicants sold substantially all assets to New Planet Organic in 2010 and have had no remaining officers, directors or employees since; the CCAA proceedings are now winding down with the Monitor seeking discharge and termination following resolution of a tax refund dispute.
The officer filed report no. Seventh Report. The Applicants' operations have effectively ended following the Acquisition, with the remaining CCAA proceedings limited to administering the Cash Reserve, awaiting receipt of Tax Refunds by New Planet Organic, and winding down without seeking a further stay extension.
The officer filed report no. Sixth Report. Post-Acquisition, the Applicants have no remaining management, officers, directors or employees, and only a few administrative matters (tax refunds, Cash Reserve wind-down) remain before the CCAA proceedings can be terminated.
The officer filed report no. Fifth Report of the Monitor. The Applicants have no remaining directors, officers or employees, and substantially all assets were sold to Acquireco pursuant to the Acquisition; the Monitor is now overseeing wind-down matters including the Vaughan lease disclaimer, tax filings, and the D&O claims procedure.
The officer filed report no. Fourth Report. The Company operated normally until the June 4, 2010 closing of the Catalyst Acquisition, after which Catalyst took over essentially all operating assets, contracts, leases and employees, with the Monitor now overseeing the D&O Claims Procedure and a Cash Reserve for remaining obligations.
The court granted an approval and vesting order for the sale to 7562578 Canada Inc. Closing terms, as extracted: vesting effective upon delivery of Monitor's Certificate. Sealed: Exhibit "A" to the Affidavit of Tripp Baird sworn May 20, 2010.
The officer filed report no. Third Report of the Monitor. Planet Organic continued normal business operations, paying employees and remitting statutory deductions, while pursuing an acquisition of substantially all assets by Catalyst as a going concern transaction, absent which the Company faced potential liquidation.
The officer filed report no. First Report. The Company continues normal operations funded by existing working capital with no need for additional financing, while management continues negotiations with Catalyst for a potential sale of all remaining assets.
7562578 Canada Inc.Related partyall right, title and interest in and to the assets described in the Acquisition Agreement (the "Assets") · asset sale · agreement 19 May 2010
The Catalyst Capital Group Inc.Credit bidsubstantially all of the assets and business operations and assume substantially all of the liabilities of the Applicants · asset sale · agreement 19 May 2010
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.
Operational summaryPost-Acquisition, the Applicants have no remaining management, officers, directors or employees, and only a few administrative matters (tax refunds, Cash Reserve wind-down) remain before the CCAA proceedings can be terminated.
Cash on hand · Disbursements · Financial positionSubscribers
Operational summaryThe Applicants have no remaining directors, officers or employees, and substantially all assets were sold to Acquireco pursuant to the Acquisition; the Monitor is now overseeing wind-down matters including the Vaughan lease disclaimer, tax filings, and the D&O claims procedure.
Cash on hand · Disbursements · Financial positionSubscribers
Operational summaryPlanet Organic continued normal business operations, paying employees and remitting statutory deductions, while pursuing an acquisition of substantially all assets by Catalyst as a going concern transaction, absent which the Company faced potential liquidation.
Operational summaryThe Company continues normal operations funded by existing working capital with no need for additional financing, while management continues negotiations with Catalyst for a potential sale of all remaining assets.
Cash on hand · Disbursements · Financial positionSubscribers
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “Planet Organic Health Corp.” (CCAA), Ontario Superior Court of Justice. Retrieved 5 November 2026, https://proceedings.ca/case/planet-organic-health-corp
Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/planet-organic-health-corp
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.