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Global Food and Ingredients Inc. - Court Orders
 Approval and Vesting Order (Zealandia Lands) |
November 12, 2024 | An order approving the sale transaction (the "Transaction") contemplated by an Asset Purchase Agreement between the Receiver and the Purchaser, Harvest Grain Zealandia Ltd. (the "Zealandia Purchaser") dated November 4, 2024 (the "Zealandia Purchase Agreement") and appended to the Second Report of the Receiver dated November 4, 2024 (the "Second Report"), and vesting in the Zealandia Purchaser the Debtor's right, title and interest in and to the assets described in the Zealandia Purchase Agreement (the "Purchased Assets"). |
| Approval and Vesting Order (Lajord Property) |
November 12, 2024 | An order approving the sale transaction (the "Transaction") contemplated by an Asset Purchase Agreement (the "Lajord Purchase Agreement") between the Receiver and C2 Farms (the "Lajord Purchaser") dated November 4, 2024 and appended to the Second Report of the Receiver dated November 4, 2024 (the "Second Report"), and vesting in the Lajord Purchaser the Debtor's right, title and interest in and to the assets described in the Lajord Purchase Agreement (the "Purchased Assets"). |
| Ancillary Relief Order |
November 12, 2024 | An order approving the ancillary relief set out in the Notice of Motion. |
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Approval of SISP and Key Consultant Retention Plan Endorsement of Justice Steele |
August 19, 2024 | An order, among other things, approving the Sale and Investor Solicitation Process (the "SISP"), the Key Consultant Retention Plan (the "KCRP") and KCRP Charge, and sealing the Confidential Schedule 1 to the First Report of the Receiver. |
| Endorsement of Justice Steele |
May 30, 2024 |
| Order (Appointing Receiver) |
May 30, 2024 | An Order pursuant to section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended (the "BIA") and section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended (the "CJA") appointing FTI Consulting Canada Inc. ("FTI") as receiver and manager (in such capacities, the "Receiver") without security, of all of those assets that constitute the FCC Secured Property of Global Food and Ingredients Inc. ("Global Food Canada") and GFI Brands Inc. ("GFI Brands", and together with Global Food Canada, the "Debtors", and each individually, a "Debtor"). |
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