British Columbia · CCAA
Notice of Application filed July 2, 20206
Application / notice of application · 2 July 2026
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 filing2 verified
- secured creditorsnote: Approximately US$14 million in principal amount expected to remain outstanding, plus accrued interest and other amounts (fees); precise current balance not stated. Senior Noteholders described as fulcrum creditor entitled to all residual value. · page: 7 · as of: expected balance following completion of all state-level closings under the MPA · debtor: AYR Wellness Inc. · creditor: Odyssey Trust Company, as agent and collateral trustee (Notes Agent) for holders of the 13% Senior Secured Notes due December 10, 2026 · currency: USD · security: Secured against substantially all assets of the AYR Group, including all assets of the Petitioner, per Amended and Restated Indenture dated February 7, 2024
- recovery outcomeentries: basis: unstated · quote: The Senior Noteholders are the creditors with a remaining economic interest in the Petitioner and will suffer a deficiency · pct of: unstated · outcome: shortfall · class key: secured · stated by: debtor · class label: Senior Noteholders · creditor name: Senior Noteholders · interim final: unstated · claims qualifier: unstated · table missing: