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").

Pursuant to the Approval and Vesting Order granted by Justice J. Dietrich on July 18, 2025 (as amended on January 16, 2026), the debtor companies' names have been changed as followed:

The style of cause in these proceedings has been changed to reflect the debtor companies' new corporate names:

IN THE MATTER OF THE COMPANIES' CREDITORS ARRANGEMENT ACT, R.S.C. 1985, c. C-36, AS AMENDED AND IN THE MATTER OF A PLAN OF COMPROMISE OR ARRANGEMENT OF SAIL REMAINCO INC. AND SAIL REMAINCO, LLC

The short form style of cause is: Re SAIL RemainCo Inc. et al.

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