Sandra Abitan, Ad. E. Sandra Abitan, Ad. E.

FTI Consulting Inc., in its capacity as CCAA Monitor of Pelican International Inc. and Confluence Outdoor Inc.

On May 13, 2025, the Monitor, for and on behalf of the CCAA Debtors, Pelican International Inc. and Confluence Outdoor Inc., sold the business and assets of Pelican and Confluence to Pelican Intl Inc., a newly created entity. This transaction was implemented in the context of a court-approved Sale...

Lead Office: Montreal Date Announced: May 13, 2025 Value: --

Stokes Inc. in its restructuring proceeding and successful sale under the Companies’ Creditors Arrangement Act

In November 2024, Stokes obtained creditor protection and initiated proceedings under the Companies’ Creditors Arrangement Act. Given the company’s financial difficulties, Stokes set out to restructure its operations by notably closing 45 out of 95 stores throughout the country.Nonetheless,...

Lead Office: Montreal Date Closed: December 23, 2024 Value: --

ELNA Medical Group Inc. and certain of its subsidiaries in its court-approved Sale and Investment Solicitation Process (SISP) under the Companies’ Creditors Arrangement Act

In December 2024, ELNA Medical Group Inc. and certain of its subsidiaries obtained creditor protection, initiated proceedings and launched a court-approved Sale and Investment Solicitation Process (SISP) under the Companies’ Creditors Arrangement Act. As part of the SISP, ELNA Medical Group Inc....

Lead Office: Montreal Date Closed: -- Value: --

Ernst & Young as court-appointed monitor to IntelGenx and its sale to Atai

On October 2, 2024, in the context of their successful restructuring proceedings under the Companies’ Creditors Arrangement Act, IntelGenx Corp. and IntelGenx Technologies Corp. (together, IntelGenx) entered into a transaction with Atai Life Sciences AG (Atai) whereby Atai acquired all of the...

Lead Office: Montreal Date Announced: October 2, 2024 Value: --

Joint venture between Rio Tinto and Aymium

On July 25, 2024, Rio Tinto and Aymuim announced its new biocarbon joint venture in Québec, Évolys Québec Inc. This venture will be involved in manufacturing a renewable metallurgical biocarbon product to decrease carbon emissions in large-scale industrial processes. The joint venture will be...

Lead Office: Montreal Date Announced: July 25, 2024 Value: --

The Just for Laughs Group and its affiliates in their restructuring proceedings and successful sale under the Companies’ Creditors Arrangement Act

Founded in Montréal, Québec, in 1983, the Just For Laughs Group (JFL Group) is an international entertainment media company and an industry leader in the world of comedy formed of various for-profit and not-for-profit entities. In March 2024, the JFL Group obtained creditor protection under the...

Lead Office: Montreal Date Closed: -- Value: --

The Xebec Group in its cross-border restructuring and eleven plans of arrangement under the Companies’ Creditors Arrangement Act

In late 2023, the restructuring of the Xebec Group concluded with the successful sanctioning of eleven plans of arrangement under the Companies’ Creditors Arrangement Act, recognized by the United States Bankruptcy Court for the District of Delaware. This complex transaction has been...

Lead Office: Montreal Date Closed: -- Value: --

Ernst & Young as court-appointed Monitor of the Zenabis group and its sale to SNDL

On November 1, 2022, in the context of its proceedings under the Companies' Creditors Arrangement Act (Canada), the Zenabis group announced its acquisition by its secured creditor SNDL, the largest private sector liquor and cannabis retailer in Canada, pursuant to an order of the Superior Court of...

Lead Office: Montreal Date Closed: -- Value: -

TELUS Health Solutions Inc. in connection with the restructuring of ChronoMétriq Inc. and Health Myself Innovations Inc.

On October 26, 2021, ChronoMétriq Inc. and Health Myself Innovations Inc. filed a Notice of Intention to make a proposal pursuant to the relevant provisions of the Bankruptcy and Insolvency Act. The companies collectively listed approximately $9.2 million in liabilities, including approximately...

Lead Office: Montreal Date Closed: November 29, 2021 Value: $9.2 million

A potential bidder in Nemaska Lithium’s CCAA restructuring

On December 23, 2019, Nemaska Lithium filed for protection under the Companies’ Creditors Arrangement Act. On January 29, 2020, Nemaska Lithium announced the Court approved its proposed sale and investor solicitation process, indented to generate interest in a recapitalization of Nemaska Lithium...

Lead Office: Montreal Date Closed: December 1, 2020 Value: -