Ontario · CCAA
Third Report of the Monitor
Court officer report · 23 June 2025
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing5 verified
- closing confirmedscope: Toronto facility assets (Toronto Facility Transaction) · outcome: completed · effective: 2025-02-28 · purchaser: Top Shelf Food and Beverage Corp. · date basis: stated · approval order date: 2025-02-26; scope: Delta facility assets (Delta Facility Transaction) · outcome: completed · effective: 2025-03-07 · purchaser: Happy Planet Foods, Inc. · date basis: stated · approval order date: 2025-02-26
- process resultsbids: 3 · note: Forklift Sale Process, March 2025: discussions with seven potential purchasers yielded three bids · solicited: 7
- purchaserLong Way USA Corp.; Top Shelf Food and Beverage Corp.; Happy Planet Foods, Inc.
- sale advisorMaynards Industries II Canada Ltd.
- sale outcometext: Monitor recommends approval of the Forklift Transaction with Long Way USA Corp., selected as the optimal bidder in the Forklift Sale Process; proceeds delivered to the Monitor in trust. · scope: ancillary · status: pending_approval