Court File and Parties
COURT FILE NO.: CV-22-00682101-00CL
DATE: 2022-08-10
SUPERIOR COURT OF JUSTICE - ONTARIO
RE: IN THE MATTER OF THE COMPANIES’ CREDITORS ARRANGEMENT ACT, R.S.C. 1985, c. C-36, AS AMENDED AND IN THE MATTER OF A PLAN OF COMPROMISE OR ARRANGEMENT INVOLVING MJARDIN GROUP, INC., GROWFORCE HOLDINGS INC., 8586985 CANADA CORPORATION AND HIGHGRADE MMJ CORPORATION
BETWEEN
PRICEWATERHOUSECOOPERS INC., IN ITS CAPACITY AS COURT-APPOINTED RECEIVER AND MANAGER OF BRIDGING FINANCE INC. AND CERTAIN RELATED ENTITIES AND INVESTMENT FUNDS APPLICANT
- and -
MJARDIN GROUP, INC., GROWFORCE HOLDINGS INC., 8586985 CANADA CORPORATION AND HIGHGRADE MMJ CORPORATION RESPONDENTS
BEFORE: Chief Justice G.B. Morawetz
COUNSEL: Andrew Harmes, Chris Armstrong and Brennan Caldwell, for KSV Restructuring Inc., Proposed Court-appointed Monitor Rebecca Kennedy and Adam Driedger, for the Applicant
HEARD: August 10, 2022
Endorsement
[1] The motion was not opposed. The evidentiary basis for the requested relief is set out in the Second Report of the Monitor dated August 2, 2022 (the “Second Report”).
[2] The Monitor confirmed that it has received no adverse comment with respect to the Second Report. The activities and conduct of the Monitor as described in the Second Report are approved.
[3] I am satisfied that the relief requested on this motion is appropriate in the circumstances.
[4] The motion is granted and the order has been signed by me.
Chief Justice G.B. Morawetz
Date: August 10, 2022