W.F. Young, Inc.

Court appoints receiver to manage affairs of Traynor Ridge Capital Inc.

Retrieved on: 
Friday, November 3, 2023
Ontario Superior Court of Justice, OSC, Justice, W.F. Young, Inc., Ontario Securities Commission, Person, Security (finance), Cryptocurrency, Traynor

TORONTO, Nov. 3, 2023 /CNW/ - The Ontario Superior Court of Justice made an order today appointing Ernst & Young Inc. as receiver and manager over the affairs of Traynor Ridge Capital Inc. ("Traynor Ridge Capital") and the funds it manages.

Key Points: 
  • TORONTO, Nov. 3, 2023 /CNW/ - The Ontario Superior Court of Justice made an order today appointing Ernst & Young Inc. as receiver and manager over the affairs of Traynor Ridge Capital Inc. ("Traynor Ridge Capital") and the funds it manages.
  • On October 30, 2023, the OSC issued a temporary order against Traynor Ridge Capital that imposes terms and conditions on its registration and prohibits all trading in any securities by or of the firm and in three of the funds it manages.
  • Clients of Traynor Ridge Capital with questions about the receivership will be able to visit www.ey.com/ca/traynorridge for additional information once the website is established.
  • The OSC acknowledges the assistance and support of the Canadian Investment Regulatory Organization in this matter.

Acerus Files For CCAA Protection

Retrieved on: 
Thursday, January 26, 2023
W.F. Young, Inc., Ontario Superior Court of Justice, United States bankruptcy court, TSX, Toronto Stock Exchange, CCAA, ASP, Initial, Health Management Associates (Florida company), Chapter 15, Title 11, United States Code, Monitor, Bankruptcy, Bankruptcy Code, Security (finance), Financial adviser, Pristimantis acerus

TORONTO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- Acerus Pharmaceuticals Corporation (the “Company” or “Acerus”) (TSX: ASP; OTCQB: ASPCF) today announced that the Company and its subsidiaries, Acerus Biopharma Inc., Acerus Labs Inc. and Acerus Pharmaceuticals USA, LLC (collectively, the “Acerus Group”), have received an order for creditor protection (the “Initial Order”) from the Ontario Superior Court of Justice (Commercial List) (the “Court”) under the Companies’ Creditors Arrangement Act (the “CCAA”).

Key Points: 
  • TORONTO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- Acerus Pharmaceuticals Corporation (the “Company” or “Acerus”) (TSX: ASP; OTCQB: ASPCF) today announced that the Company and its subsidiaries, Acerus Biopharma Inc., Acerus Labs Inc. and Acerus Pharmaceuticals USA, LLC (collectively, the “Acerus Group”), have received an order for creditor protection (the “Initial Order”) from the Ontario Superior Court of Justice (Commercial List) (the “Court”) under the Companies’ Creditors Arrangement Act (the “CCAA”).
  • The Acerus Group sought creditor protection under the CCAA in order to receive a stay of proceedings that will allow the Acerus Group to work with the Monitor to facilitate the development of an orderly process designed to maximize the value of the Acerus Group’s assets, for the benefit of its creditors and other stakeholders.
  • The DIP Loan (as described below) is anticipated to fund the operations of the Acerus Group in the ordinary course during this process.
  • The Acerus Group intends to also file petitions commencing proceedings under Chapter 15 of the United States Bankruptcy Code at the United States Bankruptcy Court for the District of Delaware for creditor protection in the United States.

The Flowr Corporation Announces Third Quarter 2022 Results

Retrieved on: 
Tuesday, November 29, 2022
Patient, KRS, Court, Ontario Superior Court of Justice, ATB, Okanagan, Sale, W.F. Young, Inc., Research, Security (finance)

On August 11, the Company sold its Flowr Forest assets for $3,400 cash.

Key Points: 
  • On August 11, the Company sold its Flowr Forest assets for $3,400 cash.
  • On September 30, 2022, Joanne Lee resigned from the board of directors of the Company.
  • The Flowr Corporation is a Canadian cannabis company with its operating campus, located in Kelowna, British Columbia.
  • For more information, please visit flowrcorp.com or follow Flowr on Twitter: @FlowrCanada and LinkedIn: The Flowr Corporation.

The Flowr Corporation To File for CCAA Protection

Retrieved on: 
Thursday, October 20, 2022
LinkedIn, Sale, FLWR, Patient, Twitter, Okanagan, Company, DIP, W.F. Young, Inc., Ontario Superior Court of Justice, Initial, GLOBE, Monitor, TSX Venture Exchange, CCAA, Security (finance), Court

TORONTO, Oct. 20, 2022 (GLOBE NEWSWIRE) -- The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (Flowr or the Company) announces today that the Company and its subsidiaries, The Flowr Group (Okanagan) Inc. (Flowr Okanagan), The Flowr Canada Holdings ULC (Flowr ULC) and Terrace Global Inc. (Terrace and collectively with the Company, Flowr Okanagan and Flowr ULC, the Flowr Group) will make an application for an order for creditor protection (the Initial Order) from the Ontario Superior Court of Justice (Commercial List)(the Court) under the Companies Creditors Arrangement Act (the CCAA).

Key Points: 
  • TORONTO, Oct. 20, 2022 (GLOBE NEWSWIRE) -- The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (Flowr or the Company) announces today that the Company and its subsidiaries, The Flowr Group (Okanagan) Inc. (Flowr Okanagan), The Flowr Canada Holdings ULC (Flowr ULC) and Terrace Global Inc. (Terrace and collectively with the Company, Flowr Okanagan and Flowr ULC, the Flowr Group) will make an application for an order for creditor protection (the Initial Order) from the Ontario Superior Court of Justice (Commercial List)(the Court) under the Companies Creditors Arrangement Act (the CCAA).
  • After careful consideration of all available alternatives following thorough consultation with legal and financial advisors, the directors of the Company have determined that it is in the best interests of the Flowr Group to file an application for creditor protection under the CCAA.
  • The Flowr Group is seeking creditor protection under the CCAA in order to receive a stay of proceedings that will allow the Flowr Group to conduct a sale and investment solicitation process (SISP) and facilitate a transaction that sees the company emerge from CCAA protection as a going concern.
  • For more information, please visit flowrcorp.com or follow Flowr on Twitter: @FlowrCanada and LinkedIn: The Flowr Corporation.

HEXO Acknowledges Zenabis Group CCAA Filing

Retrieved on: 
Friday, June 17, 2022
CCAA, TSX, Superior, Company, Molson Coors Beverage Company, Monitor, Cannabis, NASDAQ, News, W.F. Young, Inc., GLOBE, Power, Drug

GATINEAU, Quebec, June 17, 2022 (GLOBE NEWSWIRE) -- HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“HEXO” or the “Company”) acknowledged today that its wholly-owned subsidiary, Zenabis Global Inc. (“Zenabis”), as well as Zenabis’ direct and indirect wholly-owned subsidiaries (collectively, the “Zenabis Group”), have filed a petition with the Superior Court of Québec for protection under the Companies’ Creditors Arrangement Act (“CCAA”) in order to restructure their business and financial affairs. HEXO understands that Ernst & Young Inc. has been appointed as the Monitor to oversee the CCAA proceedings.

Key Points: 
  • GATINEAU, Quebec, June 17, 2022 (GLOBE NEWSWIRE) -- HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (HEXO or the Company) acknowledged today that its wholly-owned subsidiary, Zenabis Global Inc. (Zenabis), as well as Zenabis direct and indirect wholly-owned subsidiaries (collectively, the Zenabis Group), have filed a petition with the Superior CourtofQubec for protection under the Companies Creditors Arrangement Act (CCAA) in order to restructure their business and financial affairs.
  • HEXO understands that Ernst & Young Inc. has been appointed as the Monitor to oversee the CCAA proceedings.
  • The CCAA petition is limited to the Zenabis Group and neither HEXO Corp. nor any of its subsidiaries, other than the members of the Zenabis Group, are petitioners or parties to the CCAA Proceedings.
  • The Company also serves the Colorado market through its Powered by HEXO strategy and Truss CBD USA, a joint venture with Molson-Coors.

Ivanhoe Mines Promotes David van Heerden to the Role of Chief Financial Officer

Retrieved on: 
Monday, November 15, 2021
Chartered accountant, Treasury, Congo, Growth, Judgement, Democratic republic, TSX, Ivanhoe Mines, Mining, W.F. Young, Inc., CFO, Management

Johannesburg, South Africa--(Newsfile Corp. - November 15, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce that the company has promoted David van Heerden to the position of Chief Financial Officer, effective November 12, 2021.

Key Points: 
  • Johannesburg, South Africa--(Newsfile Corp. - November 15, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce that the company has promoted David van Heerden to the position of Chief Financial Officer, effective November 12, 2021.
  • Mr. van Heerden's appointment allows Marna Cloete to focus solely on her role as Ivanhoe's President.
  • Mr. van Heerden has been with Ivanhoe Mines since 2011, and has held progressively senior finance roles, most recently as Vice President, Finance, Treasury and Tax.
  • Marna Cloete commented: "I am thrilled with the promotion of David to Chief Financial Officer.

Katten Bankruptcy Team Wins Numerous Turnaround Awards From The M&A Advisor

Retrieved on: 
Monday, September 20, 2021
Plan, Chapter 15, Title 11, United States Code, W.F. Young, Inc., DIP, Committee, Mytheresa, Sale, Lawsuit, Real estate, Company, Automated Payment Transaction tax, Cirque du Soleil, Neiman Marcus, Creditor, Insolvency, United States bankruptcy court, Acquisition, Unsecured creditor, Le Pain Quotidien, LPQ, JCPenney, Hair, Corporation, Private credit, Intellectual property, Official Committee of Equity Security Holders, Ernst & Young, Chapter 11, Title 11, United States Code, Government, Debtor, Skin, Chapter Seven, Security (finance), Airline, Credit

Moreover, the Katten team has broad experience in handling Chapter 15 cases, acquisitions of distressed assets, and representing creditors' committees.

Key Points: 
  • Moreover, the Katten team has broad experience in handling Chapter 15 cases, acquisitions of distressed assets, and representing creditors' committees.
  • Katten represented the independent directors of J.C. Penney Corporation, Inc. in its Chapter 11 cases.
  • The Katten team was led by Steven J. Reisman and included Insolvency and Restructuring partner Geoffrey King and Litigation partner Robert T. Smith.
  • Katten represents public and private companies in numerous industries, as well as a number of government and nonprofit organizations and individuals.

W.F. Young Announces Promotions for Key Leadership Positions

Retrieved on: 
Monday, April 19, 2021
W.F. Young, Inc., Product management, Brand, East Longmeadow, Massachusetts, Marketing, Articles, Massachusetts

Young, a leading global animal health company and owners of the Absorbine brand of equine products and The Missing Link brand of pet products, has promoted four women into key leadership positions for the company as it embarks on a path for accelerated growth and cutting-edge innovation.

Key Points: 
  • Young, a leading global animal health company and owners of the Absorbine brand of equine products and The Missing Link brand of pet products, has promoted four women into key leadership positions for the company as it embarks on a path for accelerated growth and cutting-edge innovation.
  • Young for 29 years and has held leadership roles in business and product development, sales, and marketing over her tenure with the company.
  • Young.
  • For more information, please visit http://www.wfyoung.com .\nAbsorbine, ShowSheen, Leather Therapy, UltraShield, Hooflex and The Missing Link are trademarks of W. F. Young, Inc. W. F. Young, Inc., 302 Benton Drive, East Longmeadow, MA 01028\n'

Absorbine Pet Care launches new SaniPet sanitizing spray for pets, eliminating 99.9% of germs on contact to help manage healthier households

Retrieved on: 
Thursday, August 13, 2020
Dogs, Pets, W.F. Young, Inc., Animals, Pet sitting, Pet store, Hygiene, Tractor Supply Company

EAST LONGMEADOW, Mass., Aug. 13, 2020 /PRNewswire/ -- Absorbine Pet Care is making pet hygiene routines for the new normal easy with new Absorbine Pet Care SaniPet sanitizing spray, which is clinically proven to kill 99.9% of germs carried on paws, skin and coats.

Key Points: 
  • EAST LONGMEADOW, Mass., Aug. 13, 2020 /PRNewswire/ -- Absorbine Pet Care is making pet hygiene routines for the new normal easy with new Absorbine Pet Care SaniPet sanitizing spray, which is clinically proven to kill 99.9% of germs carried on paws, skin and coats.
  • An application of the new patent-pending, alcohol-free sanitizer spray kills most germs, and its aloe-containing formulation is gentle for frequent use.
  • "Pets and their families thrive with close contact; however, the heightened awareness of germs is impacting important bonds between the two," said Amy Cairy, director of marketing for Absorbine Pet Care.
  • New SaniPet sanitizing spray is available at 700 Tractor Supply stores, 400 Pet Supplies Plus stores and independent pet stores nationwide.