|
Purewal Blueberry Farms Ltd. - Status Updates
May 8, 2019 |
|
On May 8, 2019, an order approving the claims process, (the "CCAA Claims Process Order") was approved by the Supreme Court of British Columbia. The claims bar date (the "Claims Bar Date"), as defined in the CCAA Claims Process Order is June 15, 2019 at 5PM (PT).
As part of the CCAA Claims Process creditors have the ability to submit a new claim to the Monitor by completing the CCAA Claims Process Instruction Letter or to amend a claim that was previously submitted by completing the NOI Claimant Instruction Letter. Both letters can be found under the CCAA Claims Process tab on the Monitor's website.
|
October 11, 2018 |
|
On October 11, 2018, a continuation of proceedings Order (the "Initial CCAA Order") was granted which continued the NOI Proceedings for Purewal Blueberry Farms under the CCAA. As part of the Intital CCAA Order, FTI Consulting was discharged as Proposal Trustee and appointed as Monitor under the CCAA Proceedings. All Orders granted by the Court in the NOI Proceedings, including but not limited to the Sales Process Order and the Claims Process Order, are continued under the CCAA Proceedings. The comeback hearing for ancillary relief will be held on November 2, 2018.
In addition on October 11, 2018, an order approving a stalking horse agreement of purchase and sale (the "SH APA") was granted by the Court. As a result, the timelines noted in the Bidding Procedures which were detailed in the Sales Process Order have now been amended. The deadline for the submission of offers in the revised form of the SH APA is now been set as November 9, 2018. All inquiries in regards to the Sales Process should be made to Craig Munro craig.munro@fticonsulting.com
|
July 5, 2018 |
|
On July 5, 2018 the Proposal Trustee sought and was granted a claims procedure Order ("Claims Procedure Order") authorizing the Proposal Trustee to initiate claims procedures to allow Purewal Blueberry Farms Ltd., 0726357 BC Ltd., 0726365 BC Ltd., and 0726368 BC Ltd. (collectively the "Company") creditors to submit claims against the Company and for the nature, quantum, validity and enforceability of such claims to be reviewed. Instructions for creditors with respect to the Claims Procedures including a proof of claim form can be found in the "Claims Process" section on the menu to the left. The Claims Bar Date for submitting a claim is August 15, 2018.
|
April 30, 2018 |
|
On April 30, 2018, Purewal Blueberyr Farms Ltd. 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.
|
|
|