Tacora Resources Inc.
FollowClosed
- Proceeding
- CCAACCAA
- Court
- Ontario Superior Court of Justice · Commercial List
- File
- CV-23-00707394-00CL
OverviewSummary updated
Tacora Resources Inc. commenced proceedings under the Companies' Creditors Arrangement Act on October 10, 2023, when the Ontario Superior Court of Justice (Commercial List) granted an initial order. The matter proceeds in Ontario under court file number CV-23-00707394-00CL. The proceeding is now closed, and the initial order of October 10, 2023 stands as the only milestone on the record of the case.
Claims processIf you are owed money
The claims bar date has passed — claims were due by
Per the Order (Re: Claims Procedure Order) dated 23 April 2024.
Proceedings AIAsk this case — answers cite the filings
Case updates162 dated entries
159 earlier updates, back to 10 October 2023 — subscribers.
Parties
Debtor
Tacora Resources Inc.
Monitor
FTI
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Kimmel | Ontario Superior Court of Justice | 25 orders, Oct 2023 – Oct 2024 | 182 cases on record |
| Justice Cavanagh | Ontario Superior Court of Justice | 2 orders, Dec 2023 | 288 cases on record |
Counsel of record
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Senior Noteholders (Senior Notes / Senior Priority Notes) · in 3 casesas of October 9, 2023 (Broking Affidavit) — Senior Secured Notes due 2026 and Senior Priority Notes, secured by substantially all Canadian assets, held via Notes Trustee/Notes Collateral Agent; First Ranking $27,521,634 (Senior Priority Notes); Second Ranking $225,000,000 principal Senior Notes plus $9,281,250 unpaid interest – shares collateral/security package with Cargill under intercreditor agreement — Prose in para 67 approximates combined secured debt (Cargill + Senior Noteholders) at 'approximately $298 million'; exact chart figures used here. — debtor: Tacora Resources Inc. | $262M USD | Application Record of Tacora Resources Inc |
Sale processAs stated in the filings
RecoveriesAs stated in the filings
Unsecured creditors: a distribution.EstimatedBook of Authorities of Cargill, Incorporated and Cargill International… · 20 Jun 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | secured creditors (other than the Senior Noteholders) | — | paid in fullconditional | Estimatedper the monitor | Fourth Report of the Monitor · 14 Mar 2024 |
| Unsecured | — | — | a distribution | Estimatedper the debtor | Book of Authorities of Cargill, Incorporated and Cargill International… · 20 Jun 2024 |
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
2 engagements · 2 firms — latest: Cassels Brock & Blackwell LLP, —Twelfth Report of the Monitor · 1 Oct 2024
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Cassels Brock & Blackwell LLPCounsel to the monitor | — | — | — | ••• | Twelfth Report of the Monitor · 1 Oct 2024 |
| FTI Consulting Canada Inc.Monitor | — | ••• | — | ••• | Twelfth Report of the Monitor · 1 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
162 filings
| Date | Document | File |
|---|---|---|
| Termination Certificate | PDF · Subscribers | |
| Draft Revised CCAA Termination Order | PDF · Subscribers | |
Endorsement of Justice Kimmel Re: CCAA Termination Order
| PDF · Subscribers | |
Order (Re: CCAA Termination Order)
| PDF · Subscribers | |
| [Redline] Draft Revised CCAA Termination Order | PDF · Subscribers | |
| Factum of the Applicant Re: CCAA Termination Order (returnable October 7, 2024) | PDF · Subscribers | |
| Motion Record of the Applicant Re: CCAA Termination Order | PDF · Subscribers | |
Twelfth Report of the Monitor
| PDF · Subscribers | |
| Monitor's Certificate | PDF · Subscribers | |
Endorsement of Justice Kimmel Re: RVO and Included Third Party Releases
| PDF · Subscribers | |
Endorsement of Justice Kimmel Re: Reverse vesting order
| PDF · Subscribers | |
Order (Re Approval and Reverse Vesting Order)
| PDF · Subscribers | |
Order (Re: Stay Extension_DIP_and Fees Approval Order)
| PDF · Subscribers | |
Service List
| PDF · Subscribers | |
| Revised Draft Approval and Reverse Vesting Order | PDF · Subscribers | |
| Revised Draft Approval and Reverse Vesting Order redline comparison to the version included at Tab 4 of the Motion Record of Tacora | PDF · Subscribers | |
Revised Draft Stay Extension, DIP, and Fees Approval Order
| PDF · Subscribers | |
Revised Draft Stay Extension, DIP, and Fees Approval Order redline comparison to the version included at Tab 5 of the Motion Record of Tacora
| PDF · Subscribers | |
| Revised Schedule "B" to the Subscription Agreement | PDF · Subscribers | |
| Revised Schedule "B" to the Subscription Agreement redline comparison to the version included at Exhibit "A" to the Affidavit of Heng Vuong sworn July 21, 2024 | PDF · Subscribers | |
Book of Authorities of Cargill, Incorporated and Cargill International Trading PTE Ltd. Re: Sale Approval Motion (Returnable July 26, 2024)
| PDF · Subscribers | |
Factum of Cargill, Incorporated and Cargill International Trading PTE Ltd. Re: Sale Approval Motion (Returnable July 26, 2024)
| PDF · Subscribers | |
| Factum of the Applicant Re: Approval and Reverse Vesting Order and Stay Extension, DIP, and Fees Approval Order (returnable July 26, 2024) | PDF · Subscribers | |
Factum of the Monitor Re: Approval of Reports and Fees
| PDF · Subscribers | |
| Eleventh Report of the Monitor | PDF · Subscribers | |
| Motion Record of the Applicant Re: Approval and Reverse Vesting Order and Stay Extension, DIP and Fees Approval Order (Returnable July 26, 2024) | PDF · Subscribers | |
Endorsement of Justice Kimmel Re: Motions returnable June 26, 2024 adjourned to July 22, 2024
| PDF · Subscribers | |
Reply Factum of Cargill, Incorporated and Cargill International Trading PTE Ltd. Re: Disclaimer and Global Process Motions (returnable June 26, 2024)
| PDF · Subscribers | |
| Addendum of Cargill, Incorporated and Cargill International Trading PTE Ltd. Re: Reconstituted Preliminary Threshold Motion (returnable June 26, 2024) | PDF · Subscribers | |
| Responding Factum of the Applicant, Tacora Resources Inc. Re: Disclaimer Motion and Global Process Motion (Returnable June 26, 2024) | PDF · Subscribers | |
Book of Authorities of Cargill, Incorporated and Cargill International Trading PTE Ltd. Re: Disclaimer Motion and Global Process Motion (Returnable June 26, 2024)
| PDF · Subscribers | |
Factum of Cargill, Incorporated and Cargill International Trading PTE Ltd. Re: Disclaimer Motion (Returnable June 26, 2024)
| PDF · Subscribers | |
Factum of Cargill, Incorporated and Cargill International Trading PTE Ltd. Re: Global Process Motion (Returnable June 26, 2024)
| PDF · Subscribers | |
| Factum of the Applicant, Tacora Resources Inc. Re: Reconstituted Preliminary Threshold Motion (Returnable June 26, 2024) | PDF · Subscribers | |
| Supplement to the Responding Factum of the Monitor Dated April 6, 2024 | PDF · Subscribers | |
| Supplementary Book of Authorities of the Applicant, Tacora Resources Inc. Re: Reconstituted Preliminary Threshold Motion (Returnable June 26, 2024) | PDF · Subscribers | |
| Tenth Report of the Monitor | PDF · Subscribers | |
| Responding Record of the Applicant Re: Disclaimer Motion (Returnable June 26, 2024) | PDF · Subscribers | |
| Motion Record of the Applicant Re: Preliminary Threshold Motion (Returnable June 26, 2024) | PDF · Subscribers | |
| Motion Record of Cargill, Incorporated and Cargill International Trading PTD Ltd. Re: Motion to Set Aside Disclaimer (Returnable June 26, 2024) | PDF · Subscribers | |
Motion Record of Cargill, Incorporated and Cargill International Trading PTE Ltd. (Global Process Motion) Returnable June 26, 2024
| PDF · Subscribers | |
Endorsement of Justice Kimmel Re: Stay Extension, Sale Process
| PDF · Subscribers | |
| Order (Re: Sales Process) | PDF · Subscribers | |
Order (Re: Stay Extension)
| PDF · Subscribers | |
Procedures for the Sales Process
| PDF · Subscribers | |
| Reply Factum of the Applicant Re: Sales Process Motion (Returnable June 5, 2024) | PDF · Subscribers | |
| Responding Factum of Cargill, Incorporated and Cargill International Trading PTE Ltd. Re: Tacora Sales Process and Stay Extension Motion | PDF · Subscribers | |
| Factum of the Applicant Re: Sales Process, KERP and Stay Extension Orders (Returnable June 5, 2024) | PDF · Subscribers | |
| Ninth Report of the Monitor | PDF · Subscribers | |
| Motion Record of the Applicant Re: Sale Process and Stay Extension | PDF · Subscribers | |
Notice of Motion of Cargill (Motion to Set Aside Disclaimer)
| PDF · Subscribers | |
| Notice of Motion of the Applicant (Returnable June 26, 2024) | PDF · Subscribers | |
| Aide Memoire of Cargill, Incorporated and Cargill International Trading Pte Ltd. (Case Conference - May 24, 2024) | PDF · Subscribers | |
Endorsement of Justice Kimmel Re: Scheduling matters
| PDF · Subscribers | |
| Aide Memoire of Tacora Resources Inc. | PDF · Subscribers | |
Endorsement of Justice Kimmel Re: MFC Dispute
| PDF · Subscribers | |
Endorsement of Justice Kimmel Re: Stay Extension and Amended DIP Agreement Order
| PDF · Subscribers | |
Order (Re: Stay Extension and Amended DIP Agreement)
| PDF · Subscribers | |
| Aide Memoire of the Consortium of Noteholders (Re Amended DIP Motion) | PDF · Subscribers | |
| Factum of Applicant, Tacora Resources Inc. Re: Stay Extension and Amended DIP Agreement (Returnable April 25, 2024) | PDF · Subscribers | |
| Responding Motion Record of the Consortium of Noteholders (Re Amended DIP Motion Returnable April 25, 2024) | PDF · Subscribers | |
| Supplement to the Eighth Report of the Monitor | PDF · Subscribers | |
Endorsement of Justice Kimmel Re: Claims Procedure Order
| PDF · Subscribers | |
Order (Re: Claims Procedure Order)
| PDF · Subscribers | |
| Schedule "A" - Notice to Claimants | PDF · Subscribers | |
| Schedule "B" - Proof of Claim Instruction Letter | PDF · Subscribers | |
| Schedule "C" - Statement of Known Claim | PDF · Subscribers | |
| Schedule "D" - Proof of Claim | PDF · Subscribers | |
| Schedule "E" - Notice of Dispute | PDF · Subscribers | |
| Schedule "F" - Notice of Revision or Disallowance | PDF · Subscribers | |
| Schedule "G" - Notice of Dispute of Revision or Disallowance | PDF · Subscribers | |
Factum of the Applicant, Tacora Resources Inc. Re: Stay Extension, Amended DIP and Claims Procedure Order Returnable April 23, 2024
| PDF · Subscribers | |
| Eighth Report of the Monitor | PDF · Subscribers | |
| Motion Record of the Applicant, Tacora Resources Inc | PDF · Subscribers | |
Endorsement of Justice Kimmel Re: MFC Royalty Motion Sealing Order
| PDF · Subscribers | |
Order (Re: MFC Royalty Motion Sealing Order)
| PDF · Subscribers | |
| Book of Authorities of the Applicant, Tacora Resources Inc. RE: MFC Dispute | PDF · Subscribers | |
| Reply Factum of the Applicant, Tacora Resources Inc. Re: MFC Dispute | PDF · Subscribers | |
| Seventh Report of the Monitor | PDF · Subscribers | |
Endorsement of Justice Kimmel Re: Sealing Motion and MFC Royalty Motion
| PDF · Subscribers | |
| Notice of Motion of the Monitor Re: Sealing Order and MFC Royalty Dispute | PDF · Subscribers | |
| Responding Factum of 1128349 B.C. Ltd. Re: MFC Dispute | PDF · Subscribers | |
| Joint Transcript Brief (MFC Dispute Returnable April 16, 2024) | PDF · Subscribers | |
| Second Supplement to the Fourth Report of the Monitor | PDF · Subscribers | |
Reply Factum of Cargill, Incorporated and Cargill International Trading PTE Ltd. Re: Threshold Motion and Cross-Motion
| PDF · Subscribers | |
Reply Factum of the Applicant Re: Approval of Successful Bid
| PDF · Subscribers | |
Reply Factum of the Consortium Noteholder Group Re: Approval of Successful Bid
| PDF · Subscribers | |
| Sixth Report of the Monitor | PDF · Subscribers | |
Supplementary Factum of Cargill, Incorporated and Cargill International Trading PTE Ltd.
| PDF · Subscribers | |
| Factum of the Applicant, Tacora Resources Inc. (MFC Dispute Returnable April 16, 2024) | PDF · Subscribers | |
| Fifth Report of the Monitor | PDF · Subscribers | |
| Book of Authorities of Cargill, Incorporated and Cargill International Trading PTE Ltd; Responding Factum Re: RVO Motion | PDF · Subscribers | |
Book of Authorities of the Consortium Noteholder Group
| PDF · Subscribers | |
| Responding Factum of Cargill, Incorporated and Cargill International Trading PTE Ltd. Regarding: RVO Motion | PDF · Subscribers | |
| Responding Factum of the Applicant, Tacora Resources Inc. (Cross-Motion) | PDF · Subscribers | |
| Responding Factum of the Applicant, Tacora Resources Inc. (Preliminary Threshold Motion) | PDF · Subscribers | |
| Responding Factum of the Consortium Noteholder Group | PDF · Subscribers | |
| Responding Factum of the Monitor | PDF · Subscribers | |
Endorsement of Justice Kimmel
| PDF · Subscribers | |
| Motion of the Monitor of the Applicant regarding a Sealing Order | PDF · Subscribers | |
| Reply Motion Record of the Applicant, Tacora Resources Inc. (MFC Dispute Returnable April 16, 2024) | PDF · Subscribers | |
| Book of Authorities of Cargill, Incorporated and Cargill International Trading PTE Ltd. Regarding Responding Cross Motion | PDF · Subscribers | |
Factum of Cargill, Incorporated and Cargill International Trading PTE Ltd. Regarding Preliminary Threshold Motion
| PDF · Subscribers | |
| Factum of Cargill, Incorporated and Cargill International Trading PTE Ltd. Regarding Responding Cross Motion | PDF · Subscribers | |
| Factum of the Applicant, Tacora Resources Inc. | PDF · Subscribers | |
| Factum of the Consortium Noteholder Group | PDF · Subscribers | |
| Responding Motion Record of 1128349 B.C. Ltd | PDF · Subscribers | |
| Supplement to the Fourth Report of the Monitor | PDF · Subscribers | |
Order (Re: Approval of A&L Premium Finance Agreement)
| PDF · Subscribers | |
Order (Re: Stay Extension and Increase to DIP Facility)
| PDF · Subscribers | |
| Motion Record of the Applicant, Tacora Resources Inc. (MFC Dispute Returnable April 16, 2024) | PDF · Subscribers | |
Book of Authorities of Cargill, Incorporated and Cargill International Trading Pte Ltd
| PDF · Subscribers | |
Factum Cargill, Incorporated and Cargill International Trading Pte Ltd
| PDF · Subscribers | |
Written Submissions of the Consortium Noteholder Group (DIP Motion - March 18, 2024)
| PDF · Subscribers | |
Factum of the Applicant Regarding the Second Amended and Restated Initial Order and A&L Premium Finance Agreement Approval Order (Returnable March 18, 2024)
| PDF · Subscribers | |
Fourth Report of the Monitor
| PDF · Subscribers | |
| Motion Record of Cargill, Incorporated and Cargill International Trading Pte Ltd. | PDF · Subscribers | |
| Reply Record of the Applicant (Approval and Reverse Vesting Order) | PDF · Subscribers | |
| Third Report of the Monitor | PDF · Subscribers | |
| Motion Record of Tacora Resources Inc. | PDF · Subscribers | |
| Motion Record Cargill | PDF · Subscribers | |
Aide Memoire of Cargill, Incorporated and Cargill International Trading Pte Ltd.
| PDF · Subscribers | |
Aide Memoire of the Monitor
| PDF · Subscribers | |
Aide Memoire of the Consortium Noteholder Group
| PDF · Subscribers | |
| Motion Record for Cargill's Preliminary Threshold Motion | PDF · Subscribers | |
| Motion Record of the Applicant (Approval and Reverse Vesting Order) | PDF · Subscribers | |
Order (Re: Approval of Premium Finance Agreement)
| PDF · Subscribers | |
| Second Report of the Monitor | PDF · Subscribers | |
Endorsement of Justice Cavanagh
| PDF · Subscribers | |
Order (Re: First Insurance Funding of Canada Inc.)
| PDF · Subscribers | |
Notice of Appearance - Orica Canada Inc.
| PDF · Subscribers | |
Endorsement of Justice Steele (Re: First Insurance Funding of Canada Inc.'s motion scheduled for December 5, 2023)
| PDF · Subscribers | |
| Motion Record of First Insurance Funding of Canada Inc. | PDF · Subscribers | |
Order (Re: Amended and Restated Initial Order)
| PDF · Subscribers | |
Order (Re: Solicitation Order)
| PDF · Subscribers | |
Order (Re: Stay Extension and DIP Increase)
| PDF · Subscribers | |
Affidavit of Thomas Gray (Sworn October 26, 2023)
| PDF · Subscribers | |
| Compendium of the Cargill, Incorporated and Cargill International Trading PTE Ltd. | PDF · Subscribers | |
| Notice of Appearance - Computershare Trust Company | PDF · Subscribers | |
Book of Authorities of Cargill, Incorporated and Cargill International Trading LTD.
| PDF · Subscribers | |
| Notice of Appearance - Sandvik Canada, Inc. | PDF · Subscribers | |
Reply Factum of Cargill, Incorporated and Cargill International Trading LTD.
| PDF · Subscribers | |
Reply Factum of the Ad Hoc Group of Noteholders
| PDF · Subscribers | |
| Reply Factum of the Applicant Regarding Comeback Motion Returnable October 24, 2023 | PDF · Subscribers | |
Book of Authorities of the Ad Hoc Group of Noteholders
| PDF · Subscribers | |
Factum of Cargill, Incorporated and Cargill International Trading LTD.
| PDF · Subscribers | |
| Factum of the Ad Hoc Group of Noteholders Returnable October 24, 2023 | PDF · Subscribers | |
| Factum of the Applicant Regarding the AHG Cross-Motion Returnable October 24, 2023 | PDF · Subscribers | |
| Factum of the Applicant Regarding the Comeback Hearing Returnable October 24, 2023 | PDF · Subscribers | |
| First Report of the Monitor | PDF · Subscribers | |
| Motion Record of the Ad Hoc Group of Noteholders (Returnable October 24, 2023) | PDF · Subscribers | |
| Notice of Appearance - Osler, Hoskin & Harcourt LLP | PDF · Subscribers | |
| Supplementary Application Record | PDF · Subscribers | |
| Notice of Appearance - First Insurance Funding | PDF · Subscribers | |
| Notice of Appearance - United Steelworkers Local 6285 | PDF · Subscribers | |
Application Record of Tacora Resources Inc
| PDF · Subscribers | |
| FAQ | PDF · Subscribers | |
| Factum of the Applicant | PDF · Subscribers | |
Initial Order
| PDF · Subscribers | |
| List of Known Creditors | PDF · Subscribers | |
| Notice to Creditors | PDF · Subscribers | |
Pre-Filing Report of the Proposed Monitor
| 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., “Tacora Resources Inc.” (CCAA), Ontario Superior Court of Justice · Commercial List. Retrieved 20 September 2026, https://proceedings.ca/case/tacora-resources-inc