On March 12, 2019 Imperial Tobacco Canada Limited and Imperial Tobacco Company Limited (together, the “Applicants”) sought and obtained an order (as amended from time to time, the (“Initial Order”)) under the Companies’ Creditors Arrangement Act (the “CCAA”) from the Ontario Superior Court of Justice (Commercial List). Pursuant to the Initial Order, FTI Consulting Canada Inc. (“FTI” or the “Monitor”) has been appointed Monitor.
On March 13, 2019 Imperial Tobacco Canada Limited filed a petition for relief under Chapter 15 of the US Bankruptcy Code and on April 17, 2019, the Chapter 15 Recognition Order was granted.
Pursuant to the Amended and Restated Initial Order dated April 5, 2019, Hon. Warren K. Winkler, Q.C., has been appointed as an officer of the Court and the Court-Appointed Mediator to mediate a global settlement of the Tobacco Claims.
The latest Stay Extension Order in these proceedings was issued on September 29, 2020 extending the stay of proceedings up to and including March 31, 2021.
Please refer to the “Status Updates” page for further details and updates.