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Restructuring and insolvency

Field Trip Health & Wellness Ltd. and Field Trip Health Holdings Inc., Field Trip Health Canada Inc., and…

Lane
Restructuring and insolvency
Announced
16 Jun 2024
Province
Ontario
Industry
Healthcare & life sciences
Status
In court
Latest event
Sale process launched
What the filing says
On the same date, June 5, 2024, the Monitor filed its Sixth Report with the Court to provide the Court with the information concerning: The activities of the Monitor since the date of the Fifth Report;
Court file number
CV-23-00696599-00CL
Judicial district
Supreme Court of British Ontario Superior Court of Justice (Commercial List)…
Proceeding opened
22 Mar 2023
Credits
PricewaterhouseCoopers Inc. (court officer)
priority charge
$150,000 (Administration Charge)“Approved the decrease to the Administration Charge to $150,000; and.”
stay expiry
2023-04-01“Approved a stay of proceedings up to and including April 1, 2023 (" Initial Stay Period "), which applies against the Applicants, their Property and Business (as defined in the Initial Order), the former, current or future directors and officers of the Companies and the Monitor;”
stay expiry
2024-06-15“Extended the Stay Period up to and including June 15, 2024; and.”
stay expiry
2024-12-13“On June 13, 2024, the Court issued the Stay Extension Order, among other things: Extending the Stay Period up to and including December 13, 2024; and.”
Source

Compiled from public filings, court documents, exchange bulletins and issuer releases. Figures are as disclosed and are not independently verified.

Not financial, investment, legal or tax advice, and not an offer to buy or sell any security. Verify everything before you transact.

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