FTI Consulting Canada Inc. / Peavey

On January 27, 2025, Peavey Industries General Partner Limited ("Peavey GP"), TSC Stores GP Inc. ("TSC GP"), Guy's Freightways Ltd. ("Guy's"), and Peavey Industries Limited ("Peavey Industries") (collectively, the "Applicants") sought and obtained an initial order (the "Initial Order") from the Court of the King's Bench of Alberta (the "Court") under the Companies' Creditors Arrangement Act, RSC 1985, c C-36, as amended (the "CCAA"). The Initial Order provides, among other things, a stay of proceedings (the "Stay of Proceedings") which may be extended from time to time. Pursuant to the Initial Order, FTI Consulting Canada Inc. was appointed monitor ("Monitor"). Under the Initial Order, the Applicant was granted a Stay Period until and including February 6, 2025. Accordingly, a comeback hearing ("Comeback Hearing") is to be scheduled to be heard by the Court, where it will hear arguments with respect to the relief granted in the Initial Order. As part of the relief sought and obtained by the Applicants, the Initial Order, including the Stay of Proceedings, was extended and applies to Peavey Industries LP ("Peavey LP") and Peavey Industries Mutual Fund Trust ("MFT").

For additional information please contact the Monitor's hotline:
Toll-Free Number: 1-833-768-1171
Fax: 403-232-6116
Email: Peavey@FTIConsulting.com

For employees please contact:
Toll-Free: 1-833-277-3986
PeaveyEmployees@FTIConsulting.com