On February 28, 2025, Kroeger Inc. (the “Company“) filed a Notice of Intention to Make a Proposal (“NOI”) under Section 50.4 of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended (the “BIA”), and B. Riley Farber Inc. (“B. Riley Farber) was appointed as proposal trustee in the Companies’ NOI proceedings (in such capacity, the “Proposal Trustee”).
The NOI filing provides for a stay of proceedings against the Company, pursuant to s. 69(1) of the BIA, subject to certain limitations, while the Company formulates a restructuring plan and attempts to develop a viable proposal for its creditors.
Relevant documents can be found below.
Status Updates
Creditor Inquiries
For creditor inquiries, please contact:
Sara Corcoran
Corporate Insolvency Administrator | Restructuring
T: 437.294.4650
E: [email protected]
The case updates and court filed documents on this website are for information purposes only and you should consult your financial or legal adviser if you have any questions or concerns about your rights or obligations. Additional updates on the status of these proceedings may become available in the future.
Documents
NOI/Proposal Documents
• Certificate of Filing of a Notice of Intention to Make a Proposal – February 28, 2025
Court Reports
• First Report of the Proposal Trustee – March 7, 2025
Motion Materials
• Motion Record, returnable March 10, 2025
• Factum of the Applicant, returnable March 10, 2025
• Supplementary Factum of the Applicant, returnable March 10, 2025
Court Orders and Endorsements
• Endorsement of Justice Cavanagh – February 26, 2025
• Order of Justice Cavanagh (Initial Proposal Order) – March 10, 2025
• Order of Justice Cavanagh (Stalking Horse SISP) – March 10, 2025