Goodfood Market Corp., a Montreal-based meal kit company, files for creditor protection as a first step toward restructuring, according to multiple reports. The company says it has applied to the Superior Court of Quebec to shield itself from creditors it owes money to. Under the protection process, Goodfood says it aims to reorganize the business, potentially under a new owner or with support from investors. Some coverage describes the company as seeking a buyer, while other reports frame the effort more broadly as restructuring with the help of either a new owner or investor funding. The filings are presented as a move to manage financial obligations while the company pursues options for its future. The reports do not specify the amount owed or the timeline for court proceedings. Overall, the accounts agree that Goodfood’s court application is intended to protect the company from creditors during a restructuring process and to enable exploration of a sale or investment as part of its plan.
Goodfood seeks creditor protection, considering sale or new investor to restructure
Goodfood Market Corp., a Montreal-based meal kit company, files for creditor protection as a first step toward restructuring, according to multiple reports. The company says it has applied to the Supe...
- Goodfood Market Corp., a Montreal-based meal kit company, files for creditor protection with the Superior Court of Quebec.
- The application is intended to shield the company from creditors it owes money.
- Goodfood says the filing is a step toward restructuring the business.
- The company is considering options including a sale to a new owner and/or support from investors.
- Reports describe the process as seeking a buyer or new investor while restructuring is pursued.
Montreal-based online firm seeking buyer or new investor
1 hour agoThe Montreal-based meal kit company says it took the first step toward shielding itself from creditors owed money by filing an application with the Superior Court of Quebec.
2 hours agoGoodfood Market Corp. says it has filed for creditor protection in hopes of restructuring the business under a new owner or with help from investors.
3 hours ago
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