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Restructuring and insolvency

WORLD WIDE CARRIERS LTD.

Lane
Restructuring and insolvency
Announced
19 Mar 2025
Province
Ontario
Industry
Unclassified
Status
In court
Latest event
CCAA filing
What the filing says
On March 26, 2026, the Court issued an order approving, among other things, an extension of the stay of proceedings up to and including July 3, 2026.
Court file number
CV-25-00739519-00-CL
Judicial district
Ontario Superior Court of Justice, Toronto (Commercial List)
Proceeding opened
19 Mar 2025
Next court date
02 Oct 2026
Credits
GLASSRATNER RESTRUCTURING INC. (monitor)
stay expiry
2025-03-28“The Initial Order provides, among other things, a stay of proceedings until March 28, 2025 (the " Stay Period ") and may be extended by the Court from time to time.”
stay expiry
2025-06-15“On March 28, 2025, the Ontario Superior Court of Justice (Commercial List) (the " Court ") issued an Amended and Restated Initial Order (" ARIO ") which extends the stay of proceedings up to and including June 15, 2025.”
stay expiry
2025-10-10“On July 28, 2025, the Court issued orders approving, among other things, the sale transactions regarding 87 Mountainview Road and 125 Clairport and an extension of the stay of proceedings up to and including October 10, 2025.”
stay expiry
2025-12-05“On October 10, 2025, the Court issued orders approving, among other things, the extension of the stay of proceedings up to and including December 5, 2025.”
stay expiry
2026-07-03“On March 26, 2026, the Court issued an order approving, among other things, an extension of the stay of proceedings up to and including July 3, 2026.”
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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