BioSteel Sports Nutrition Inc.
CCAA
ON
OSB
[*] Summary
BioSteel Sports Nutrition Inc., a healthcare company specializing in sports drinks, filed for creditor protection under the CCAA on September 14, 2023. The company is seeking a new buyer, with parent company Canopy Growth involved, and has initiated significant layoffs. KSV RESTRUCTURING INC. is acting as the Monitor.
[*] Official Documents
Monitor reports, creditor materials, and court filings from KSV RESTRUCTURING INC.
[VIEW DOCUMENTS ON KSV RESTRUCTURING INC.][*] Case Timeline
2023-09-14
Initial Order
CCAA proceedings commenced
Restructuring Period
Monitor oversight, creditor negotiations, court filings
Resolution
Plan approval, asset sale, or liquidation
[*] Filing Details
- Initial Order Date
- 2023-09-14
- Province
- Ontario [Court]
- Industry
- Healthcare
- Monitor/Trustee
- KSV RESTRUCTURING INC.
- Contact
- GOLDSTEIN, NOAH
- Phone
- 416-932-6207
- Source Link
- [View Source]
[+] Related News
- BioSteel files for bankruptcy protection, parent company Canopy Growth looking for new buyer - The Globe and Mail
- Canadian sports drink company BioSteel filing for creditor protection, seeking new buyer - CBC
- BioSteel Files for Bankruptcy Protection, Will Lay Off 181 Employees - Sportico.com
- BioSteel Files for and Obtains CCAA Creditor Protection - PR Newswire
- Sports drink company BioSteel filing for creditor protection in U.S. and Canada - Radio-Canada
- NHL sports drink partner BioSteel seeking bankruptcy protection - Daily Hive Vancouver
- Canopy Growth Seeks Bankruptcy for BioSteel Business - Cannabis Business Times
- Canopy Growth seeks bankruptcy protection for BioSteel to trim costs - Reuters
- Patrick Mahomes-backed business files for bankruptcy, lays off employees - KCTV
[*] Court Documents
50 documents- pdfBioSteel Sports Nutrition Inc.- Certificate of Appointment - 31-313605772 KB
- pdfBioSteel Sports Nutrition USA LLC - Certificate of Appointment - 31-313607572 KB
- pdfBioSteel Manufacturing LLC - Certificate of Appointment - 31-313606772 KB
- pdfOrder Recognizing Conversion Order and Closing Chapter 15 Cases Docket No. 125 dated August 27, 2024797 KB
- pdfBioSteel 109 - Distribution Recognition Order dated December 22, 2023799 KB
- pdfSale Approval Order re BioSteel Manufacturing LLC dated November 30, 20235.69 MB
- pdfSale Approval Order dated November 30, 20234.95 MB
- pdfRecognition Order dated November 30, 2023839 KB
- pdfScheduling Order dated September 19, 2023583 KB
- pdfProvisional Relief Order dated September 19, 2023570 KB
- pdfBioSteel - Service List as at February 28, 2024296 KB
- pdfCCAA Notice to Creditors dated September 14, 2023201 KB
- pdfPreliminary list of creditors as at September 13, 2023134 KB
- pdfMonitor's Termination Certificate dated October 22, 202422 KB
- pdfEndorsement of Justice Kimmel dated July 31, 2024289 KB
- pdfCCAA Termination Order dated July 31, 2024409 KB
- pdfStay Extension, Activity and Fee Approval Order dated April 26, 2024262 KB
- pdfCourt Order re Coldhaus dated April 26, 2024343 KB
- pdfEndorsement of Justice Wilton-Siegel dated February 23, 2024157 KB
- pdfRemaining Inventory Sale Transaction Order dated February 23, 2024164 KB
- pdfEndorsement of Justice Steele dated December 14, 2023180 KB
- pdfDistribution Stay Extension and Expansion of Powers Order dated December 14, 2023252 KB
- pdfAncillary Relief Order dated November 16, 2023255 KB
- pdfApproval and Vesting Order dated November 16, 2023266 KB
- pdfManufacturing Approval and Vesting Order dated November 16, 2023261 KB
- pdfRecognition Order dated October 11, 2023528 KB
- pdfEndorsement Justice Cavanagh dated September 21, 2023413 KB
- pdfSISP Approval Order dated September 21, 2023258 KB
- pdfAmended and Restated Initial Order dated September 21, 2023295 KB
- pdfEndorsement Justice Cavanagh dated September 14, 2023373 KB
- pdfInitial Order dated September 14, 20235.31 MB
- pdfMotion Record of the Monitor dated July 24, 20242.49 MB
- pdfMotion Record of the Monitor dated April 4, 20246.39 MB
- pdfFactum of the Monitor dated April 2, 2204511 KB
- pdfReply Motion Record of the Monitor dated March 20, 2024583 KB
- pdfMotion Record of the Monitor dated March 11, 20247.6 MB
- pdfMotion Record of the Monitor dated February 17, 20241.4 MB
- pdfMotion Record of the Applicants dated December 7, 20239.73 MB
- pdfMotion Record of the Applicant dated November 10, 20232.56 MB
- pdfMotion Record returnable September 21, 202324.42 MB
- pdfFactum of the Applicant dated September 19, 2023288 KB
- pdfApplication Record dated September 14, 202313.33 MB
- pdfFactum of the Applicant dated September 14, 2023420 KB
- pdfAffidavit of Sarah S. Eskandari sworn September 13, 202312.51 MB
- pdfSixth Report of the Monitor dated July 24, 20242.04 MB
- pdfSecond Supplement to the Fifth Report of the Monitor dated April 4, 20246.52 MB
- pdfSupplement to the Fifth Report of the Monitor dated March 20, 2024302 KB
- pdfFifth Report of the Monitor dated March 11, 20246.75 MB
- pdfFourth Report of the Monitor dated February 17, 20241.22 MB
- pdfThird Report of the Monitor dated December 12, 20232.25 MB