Red Lobster
FollowClosed
- 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-24-00720567-00CL
OverviewSummary updated
Red Lobster is before the Ontario Superior Court of Justice (Commercial List) in a recognition proceeding brought under section 46 of the Companies' Creditors Arrangement Act, the provision governing recognition of foreign insolvency proceedings in Canada. The matter carries Court File No. CV-24-00720567-00CL and is recorded as active. No dated milestones have been read out of the file to date — no orders, reports or hearings — and nothing further about the posture or progress of the Canadian proceeding can be stated on this record.
Proceedings AIAsk this case — answers cite the filings
Case updates31 dated entries
28 earlier updates — subscribers.
Parties
Debtor
Red Lobster
Information officer
FTI
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Penny | Ontario Superior Court of Justice | 5 orders, May 2024 – Nov 2024 | 179 cases on record |
| Justice Cavanagh | Ontario Superior Court of Justice | 2 orders, Sep 2024 | 288 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Applicant | Blake, Cassels & Graydon LLP | 21 May 2024 | Order · 21 May 2024 |
| Foreign representative | Blake, Cassels & Graydon LLP | 27 May 2024 | Factum · 27 May 2024 |
| CreditorBrielle Blessing Adjei, et al | Consky & Associates · Litigation Counsel | 7 Sep 2024 | Service list · 7 Sep 2024 |
| CreditorMohammad Khan | MacIsaac Gow LLP | 7 Sep 2024 | Service list · 7 Sep 2024 |
| CreditorShirley Warren and Gregory Howe | Hicks Morley Hamilton Stewart Storie LLP · Litigation Counsel | 7 Sep 2024 | Service list · 7 Sep 2024 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Fortress Credit Corp. (as Pre-petition Term Loan Agent / Collateral Agent, for itself and other Pre-petition Term Loan Lenders)as of Petition Date (May 19, 2024) — Senior lien on substantially all Debtors' assets (other than ABL Priority Collateral) pursuant to Pledge and Security Agreement dated January 22, 2021; PPSA registrations against RL Canada in Ontario, Alberta, Saskatchewan and Manitoba covering all present and after-acquired personal property; one registration against RL Hospitality in Ontario covering 'Accounts' and 'Other' collateral — Table 1 states exact balance as USD $264,720,000; prose elsewhere rounds to 'approximately USD $264.7 million' (original p.73) and Justice Penny's endorsement rounds to 'ab | $265M USD | First Report of the Information Officer |
RecoveriesAs stated in the filings
Closed · the record states no distribution outcome.
Fees and ratesAs stated in the filings
1 engagement · 1 firm — FTI Consulting Canada Inc., 16 May – 24 Oct 2024Third Report of the Information Officer · 25 Oct 2024
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| FTI Consulting Canada Inc.Information officer | 16 May – 24 Oct 2024 | ••• | — | ••• | Third Report of the Information Officer · 25 Oct 2024 |
Estate financialsReported figures — never derived
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Documents
31 filings
| Date | Document | File |
|---|---|---|
| Information Officer's Certificate | PDF · Subscribers | |
Endorsement of Justice Penny
| PDF · Subscribers | |
Order (Termination of CCAA Recognition Proceeding)
| PDF · Subscribers | |
Factum of the Foreign Representative (CCAA Termination Order)
| PDF · Subscribers | |
Motion Record (Termination of CCAA Recognition Proceedings) Returnable November 5, 2024
| PDF · Subscribers | |
Third Report of the Information Officer
| PDF · Subscribers | |
Endorsement of Justice Cavanagh
| PDF · Subscribers | |
Third Supplemental Order (Foreign Main Proceeding)
| PDF · Subscribers | |
| Draft Third Supplemental Order (Foreign Main Proceeding) | PDF · Subscribers | |
| Factum of the Foreign Representative (Third Supplemental Order) | PDF · Subscribers | |
| Redline - Draft Third Supplemental Order to Motion Record | PDF · Subscribers | |
| Second Report of the Information Officer | PDF · Subscribers | |
Service List
| PDF · Subscribers | |
| Supplementary Motion Record (Confirmation Order Recognition and Ancillary Relief) Returnable September 10, 2024 | PDF · Subscribers | |
| Motion Record (Confirmation Order Recognition and Ancillary Relief) Returnable September 10, 2024 | PDF · Subscribers | |
| Second Supplemental Order | PDF · Subscribers | |
Factum of the Foreign Representative (Recognition of Second Day Orders and Sale Procedure Order)
| PDF · Subscribers | |
First Report of the Information Officer
| PDF · Subscribers | |
| Supplementary Motion Record (Second Supplemental Order) Returnable June 18, 2024 | PDF · Subscribers | |
| Motion Record (Second Supplemental Order) | PDF · Subscribers | |
| Notice of Recognition Orders (Foreign Main Proceeding) | PDF · Subscribers | |
Initial Recognition Order (Foreign Main Proceeding)
| PDF · Subscribers | |
| Supplemental Order (Foreign Main Proceeding) | PDF · Subscribers | |
Factum of the Foreign Representative (Recognition of Foreign Main Proceeding)
| PDF · Subscribers | |
Pre-Filing Report of the Proposed Information Officer
| PDF · Subscribers | |
| Second Supplementary Application Record (Initial Recognition Order) Returnable May 28, 2024 | PDF · Subscribers | |
Supplementary Application Record (Initial Recognition Order) Returnable May 28, 2024
| PDF · Subscribers | |
Endorsement of Justice Penny (Interim Stay Order)
| PDF · Subscribers | |
Interim Stay Order (Foreign Proceeding)
| PDF · Subscribers | |
Application Record (Interim Stay Order - Foreign Proceedings)
| PDF · Subscribers | |
| Factum of the Applicant (Application for Interim Stay Order) | 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., “Red Lobster” (Foreign recognition (CCAA)), Ontario Superior Court of Justice · Commercial List. Retrieved 20 September 2026, https://proceedings.ca/case/red-lobster