On September 19, 2014, CanaSea PetroGas Group Holdings Limited, CanaSea Oil and Gas Group Pte. Ltd., CanaSea International Pte. Ltd., CanaSea PetroGas Investment Inc. and CanaSea Oil and Gas Ltd. made an application for protection under the CCAA. Justice Penny of the Superior Court of Justice of Ontario (Commercial List) issued the Initial Order on that day which is posted below.
On October 16, 2014, two creditors of CanaSea Oil and Gas Group Pte. Ltd. brought a motion before the Ontario Superior Court in this matter. The Endorsement of Mr. Justice Penny was released on October 21, 2014 and is posted below. As a result of this Endorsement, the Initial CCAA Order dated September 19, 2014 has been terminated. On October 27, 2014, counsel for the CanaSea Group served a Notice of Motion for an expedited motion seeking leave to appeal the October 21, 2014 Endorsement. On October 31, 2014, the Court of Appeal agreed to hear the motion for leave and the motion was heard by Justice Sharpe on November 17, 2014. On November 20, 2014, Justice Sharpe released his Endorsement refusing leave to appeal. A copy of the Notice of Motion For Leave to Appeal and Justice Sharpe's Endorsement is posted below.
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Application Record dated September 18, 2014Motion Record of the Applicants dated September 26, 2014Motion Record of Blue Energy and Equity Ventures returnable October 16, 2014Notice of Motion for Leave to Appeal the Endorsement of Justice Penny of October 21, 2014Factum for Leave to Appeal returnable October 31, 2014
Initial Order of Justice Penny dated September 19, 2014Endorsement of Justice Penny dated September 22, 2014Endorsement of Justice Penny dated October 7, 2014Endorsement of Justice Penny dated October 16, 2014Endorsement of Justice Penny dated October 21, 2014Endorsement of Justice Sharpe dated November 20, 2014
Pre-Filing Report of the Proposed Monitor dated September 19, 2014
Dec 7, 2016