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.