FTI Consulting Canada Inc. / Shaw-Almex Industries Limited

On March 29, 2025, Shaw-Almex Industries Limited ("Shaw-Almex") filed a Notice of Intention to Make a Proposal ("NOI") pursuant to section 50.4(1) of the Bankruptcy and Insolvency Act. FTI Consulting Canada Inc. ("FTI") was appointed as the Trustee in this matter.

On May 13, 2025, the Applicants sought and obtained an order (the "Initial Order") from the Ontario Superior Court of Justice (the "Court") granting, among other things, a continuation of the NOI Proceedings under the Companies' Creditors Arrangement Act, R.S.C. 1985, c C-36, as amended (the "CCAA") and appointing FTI, as monitor in the Company's CCAA Proceedings (the "Monitor").

For additional information please contact the Monitor:
Phone: +1 (647) 475 9990
Toll-Free: +1 (833) 713 3795
Email: shawalmex@fticonsulting.com