On February 10, 2026, the Ontario Superior Court of Justice (Commercial List) (the "Court") issued an order (the "Initial Order") pursuant to the Companies' Creditors Arrangement Act (the "CCAA"). The Initial Order provided for certain relief and protection against LJM Developments (Hamilton) Inc. ("LJM Hamilton") and appointed Schwartz Levitsky Feldman Inc. ("SLF") as monitor of LJM Hamilton in the CCAA.
On February 20, 2026, at the Comeback Motion, the Court issued an amended order (the "Amended and Restated Initial Order"), among other things, approving the replacement of SLF as Monitor and appointing KPMG Inc. ("KPMG") as Court-appointed monitor of LJM Hamilton.
On April 8, 2026, the Court issued an order (the “Lien Claims Process Order”) approving the construction lien claims process (the “Lien Claims Process”) to determine the timeliness and quantum of construction lien claims of creditors of LJM Hamilton. The Lien Claims Process Order provides for a Claims Bar Date of 5:00 p.m. (Toronto Time) on May 1, 2026. The Claims Bar Date has passed and any lien claims which are not received by the claims bar date will be barred and extinguished forever.
