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​​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.

 
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.

 For further information please contact Hartley Bricks at 416-775-7326 or hbricks@deloitte.ca.

Documents

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Motion Materials

 

Court Orders & Endorsements

Court Reports

 

Other Materials 

 

Notice to Creditors

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Last updated Jan 11, 2021

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