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CFFI Ventures Inc. - Court Orders
The following Court Orders have been granted in the proceedings:
Sale Approval and Vesting Order |
September 28, 2026 |
The Sale Approval and Vesting Order Approval Order provides certain relief that includes, among other things:
a) approving the asset purchase agreement dated September 16, 2026 between the Applicant and New Tide Capital LP (the "Purchaser") and the transactions contemplated therein; and
b) vesting in the Purchaser all of the Applicant's right, title and interest in and to the Purchase Assets (as defined in the APA) free and clear of all Claims and Encumbrances (each as defined the Sale Approval and Vesting Order), other than certain Assumed Liabilities and Permitted Encumbrances (each as defined in the APA).
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Enhanced Powers and Fee Approval Order |
September 18, 2026 |
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The Enhanced Powers and Fee Approval Order provides certain relief that includes, among other things:
a) enhancing the Monitor’s powers and authority; and
b) approving the fees and disbursements of the Monitor and its counsel, and the activities of the Monitor.
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Stay Extension and Ancillary Relief Order |
September 17, 2026 |
The Stay Extension and Ancillary Relief Order provides certain relief that includes, among other things:
a) extending the Stay of Proceedings to and including December 18, 2026;
b) authorizing the Applicant to pay pre-filing harmonized sales tax and accrued interest thereon; and
c) amending the Amended and Restated Initial Order dated March 23, 2026.
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Letter from the Supreme Court of Nova Scotia to Counsel |
August 18, 2026 |
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Letter from the Supreme Court of Nova Scotia outlining the key directions and deadlines in relation to the motion scheduled to be heard on September 17, 2026.
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Sale and Investment Solicitation Process Approval Order |
June 30, 2026 |
The Sale and Investment Solicitation Process ("SISP") Approval Order provides certain relief that includes, among other things:
a) approving the SISP;
b) authorizing the Monitor to commence and implement the SISP; and
c) extending the Stay of Proceedings to and including September 18, 2026.
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Decision of the Honourable Justice Keith |
June 12, 2026 |
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Decision of the Honourable Justice Keith in relation to the motion heard June 9, 2026.
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Stay Extension Order |
May 22, 2026 |
The Stay Extension Order provides certain relief that includes, among other things:
a) extending the Stay of Proceedings to and including June 15, 2026;
b) amending the Amended and Restated Initial Order dated March 23, 2026; and
c) authorizing the Applicant to pay the severance and retention benefits to four former employees.
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Amended and Restated Initial Order |
March 23, 2026 |
The Amended and Restated Initial Order provides certain relief that includes, among other things:
a) extending the Stay of Proceedings to and including May 29, 2026; and
b) increasing the quantum of each of the Administration Charge (to a maximum amount of $400,000).
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Initial Order |
March 13, 2026 |
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The Initial Order provides certain relief, inter alia, a stay of proceedings against CFFI (and against its affiliates) until and including March 23, 2026.
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