Onex Corporation (TSX: OCX) and Goldman Sachs owned business and special mission aircraft maker, Hawker Beechcraft, Inc., has, as previously speculated, filed for bankruptcy protection. Once merging from...
CCM Master Qualified Fund Ltd., the sole secured creditor, through 663447 N.B. Inc., has acquired the assets of blutip Power Technologies Ltd. (formerly TSX-V: BPR) On May 3, 2012, the business and substantially...
SemBioSys Genetics Inc. (TSX: SBS), a developer of high value proteins and other products, has applied to voluntarily delist its common shares from the Toronto Stock Exchange (TSX). SemBioSys Genetics...
Azure Dynamics Corporation (TSX: AZD; OTC: AZDDD) said its board of directors has authorized seeking CCAA protection in Canada and petition inder Chapter 15 of title 11 of the United States Bankruptcy...
Following the closing the acquisition of Quad/Graphics Canada Inc., Transcontinental Inc. (TSX: TCL.A TCL.B TCL.PR.D) said it is reorganizing its print operations and over the coming months it will lay...
Air Canada (TSX: AC.A) said it is disappointed at Aveos Fleet Performance Inc.’s decision to reject its offer of $15 million Debtor-in-Possession (DIP) financing and instead permanently cease operations. Air...
Air Canada (TSX: AC.A) said it has extended to Aveos Fleet Performance Inc., through its Court appointed Monitor, FTI Consulting Canada, a $15 million Debtor-in-Possession (DIP) financing. The DIP financing...
Salamon Group Inc. (OTC BB: SLMU) announced that on Friday, March 2, 2012, Sunlogics Power Fund Management Inc., its wholly owned subsidiary, completed the court approved acquisition of the assets of ARISE...
Cangene Corporation (TSX: CNJ) said it has made changes to its senior management team and a workforce reduction in order to create greater alignment with its strategy and optimize operating efficiencies. As...
CellFor Inc. and its US affiliate CellFor Corp. have obtained a Court Order from the Supreme Court of British Columbia on December 15, 2011 pursuant to the Companies’ Creditors Arrangement Act (CCAA)....
DragonWave Inc. (TSX: DWI; NASDAQ: DRWI) has laid off 38 employees, both full time and contract staff, from its Israeli operations. DragonWave will continue to support R&D, customer support, finance,...
Prestige Telecom Inc. (TSX-V: PR) has completed the previously announced sale of substantially all of its assets to a company controlled by Thornhill Investments Inc. Thornhill has acquired from Raymond...