Tahera Diamond Corporation – Benachee Resources Inc.
Follow- Proceeding
- CCAAsection 192 of the Canada Business Corporations Act, R.S.C. 1985, c. C-44, as amended
- File
- 09-CL-8165
Tahera Diamond Corporation remains in active CCAA proceedings before the Ontario Superior Court of Justice (Commercial List) in Ontario, with the current proceeding dated May 8, 2009 and carried under court file 09-CL-8165, following an earlier commencement dated January 16, 2008 under court file 08-CL-7355. The matter, which also concerns Benachee Resources Inc., proceeds on a statutory basis of section 192 of the Canada Business Corporations Act, R.S.C. 1985, c. C-44, as amended. Caz Petroleum Inc. stands as the company's senior first secured creditor, having taken assignment of the Tiffany Debt and Security formerly held by Laurelton Diamonds Inc. and Tiffany & Co.; Tahera is recorded as indebted to Caz in an amount exceeding $50 million CAD, on all-property and mine security opined valid in both Ontario and Nunavut.
Supplementary Report to the New Monitor’s Eighth Report, dated January 28, 2010 — Court officer report
Order of Justice Morawetz (approval of Arrangement), dated June 3, 2009 — Plan sanction / final order
Initial order granted, opening the CCAA proceeding before the Commercial List and fixing May 8, 2009 as the commencement date for the matter.
Source: Order of Justice Morawetz (CBCA Arrangement), dated May 8, 2009
Order of Justice Morawetz (approval of letter agreement), dated April 28, 2009 — Order (other)
Order of Justice Morawetz (approval of transaction), dated April 28, 2009 — Plan sanction / final order
Supplementary Motion Record (returnable April 28, 2009) — Application / notice of application
Application filed on the Commercial List in Toronto, opening the CCAA file for Tahera Diamond Corporation and Benachee Resources Inc. under court file number 08-CL-7355.
Debtor
Tahera Diamond Corporation – Benachee Resources Inc.
Monitor
GlassRatner
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Morawetz | Ontario Superior Court of Justice | 15 orders, Dec 2008 – Sep 2010 | 130 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Applicant7157401 Canada Ltd | Macleod Dixon LLP (now Norton Rose Fulbright Canada LLP) | 8 May 2009 | Order · 8 May 2009 |
| ApplicantAg Growth Income Fund Ontario Agents for Ag Growth Income | Burnet Duckworth & Palmer LLP | 8 May 2009 | Order · 8 May 2009 |
| CreditorCaz Petroleum Inc | ThorntonGroutFinnigan LLP | 12 Dec 2008 | Order · 12 Dec 2008 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Caz Petroleum Inc. (assignee of Tiffany Debt and Security, formerly held by Laurelton Diamonds Inc. and Tiffany & Co.)Assigned Tiffany Debt and Security (all-property/mine security opinion confirmed valid in Ontario and Nunavut) — Floor amount - document states 'indebted to Caz in an amount exceeding $50 million'; senior/first secured creditor of the Company — debtor: Tahera Diamond Corporation | $50M | New Monitor’s Third Report, dated March 4, 2009 |
| Date | Document | File |
|---|---|---|
Endorsement of Justice Morawetz, dated September 27, 2010
| ||
| Motion Record (returnable September 27, 2010) | ||
Order of Justice Morawetz, dated September 27, 2010
| ||
| New Monitor’s Thirteenth Report, dated Sept 17, 2010 | ||
| New Monitor’s Twelfth Report, dated July 23, 2010 | ||
Endorsement of Justice Campbell, dated May 13, 2010
| ||
| Motion Record (returnable May 13, 2010) | ||
| New Monitor’s Eleventh Report, dated May 11, 2010 | ||
| Motion Record (returnable March 30, 2010) | ||
Order of Justice Morawetz (stay extension), dated March 30, 2010
| ||
| New Monitor’s Tenth Report, dated March 26, 2010 | ||
| Supplementary Report to the New Monitor’s Eighth Report, dated January 28, 2010 | ||
| Notice of Motion (returnable January 15, 2010) | ||
| New Monitor’s Ninth Report, dated January 12, 2010 | ||
| Notice of Motion (returnable December 9, 2009) | ||
Order of Justice Morawetz (stay extension), dated December 9, 2009
| ||
| New Monitor’s Eighth Report, dated December 7, 2009 | ||
| Notice of Motion (returnable September 24, 2009) | ||
Order of Justice Morawetz (stay extension), dated September 24, 2009
| ||
| New Monitor’s Seventh Report, dated September 22, 2009 | ||
Order of Justice Morawetz (stay extension and CRO replacement), dated June 17, 2009
| ||
| New Monitor’s Sixth Report, dated June 15, 2009 | ||
Order of Justice Morawetz (approval of Arrangement), dated June 3, 2009
| ||
| Notice of Motion (returnable May 8, 2009) | ||
Order of Justice Morawetz (CBCA Arrangement), dated May 8, 2009
| ||
Order of Justice Morawetz (stay extension), dated May 8, 2009
| ||
| New Monitor’s Fifth Report, dated May 4, 2009 | ||
| Notice of Motion Part 1 (returnable April 28, 2009) | ||
| Notice of Motion Part 2 (returnable April 28, 2009) | ||
Order of Justice Morawetz (approval of letter agreement), dated April 28, 2009
| ||
Order of Justice Morawetz (approval of transaction), dated April 28, 2009
| ||
| Supplementary Motion Record (returnable April 28, 2009) | ||
| New Monitor’s Fourth Report, dated April 24, 2009 | ||
| Notice of Motion (returnable March 6, 2009) | ||
Order of Justice Morawetz, dated March 6, 2009
| ||
New Monitor’s Third Report, dated March 4, 2009
| ||
Notice of Motion (returnable February 26, 2009)
| ||
Order of Justice Morawetz, dated February 26, 2009
| ||
| New Monitor’s Second Report, dated February 23, 2009 | ||
| Notice of Motion (returnable January 23, 2009) | ||
| Order Approving PWC Fees and Activities, dated January 23, 2009 | ||
Order of Justice Morawetz, dated January 23, 2009
| ||
| New Monitor’s First Report, dated January 19, 2009 | ||
Order of Justice Morawetz, dated December 12, 2008
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Tahera Diamond Corporation – Benachee Resources Inc.” (CCAA), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/tahera-diamond-corporation-benachee-resources-inc