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FTI Consulting Canada Inc. / Chesswood Group Limited

On October 29, 2024, the Ontario Superior Court of Justice (Commercial List) (the "Court") issued an order (the "Initial Order") commencing proceedings under the Companies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended (the "CCAA") in respect of Chesswood Group Limited, Case Funding Inc., Chesswood Holdings Ltd., Chesswood US Acquisitionco Ltd., Pawnee Leasing Corporation, Lease-Win Limited, Windset Capital Corporation, Tandem Finance, Inc., Chesswood Capital Management Inc., Chesswood Capital Management USA Inc., Rifco National Auto Finance Corporation, Rifco Inc., Waypoint Investment Partners Inc. and 1000390232 Ontario Inc. (collectively, the "CCAA Parties"). The Initial Order granted, among other things, an initial stay of proceedings in favour of the CCAA Parties until and including November 8, 2024, which may be extended by further order of the Court from time to time. FTI Consulting Canada Inc. is the Court-appointed monitor (the "Monitor") of the CCAA Parties.

A hearing to consider certain additional relief in respect of the CCAA Proceedings is scheduled for November 7, 2024 (the "Comeback Hearing").

For additional information, please contact the Monitor using the contact information below:
Local Number: 1-416-649-8103
Toll Free Number: 1-833-440-8545
Email: chesswood@fticonsulting.com

Contact FTI

FTI Consulting
TD Waterhouse Tower
79 Wellington Street West
Suite 2010, P.O. Box 104
Toronto, Ontario M5K 1G8

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