Latest news with #B.RileyFarber
Yahoo
4 days ago
- Business
- Yahoo
4Front Initiates Bankruptcy and Insolvency Act Proceedings in Canada
PHOENIX, June 10, 2025 /CNW/ - 4Front Ventures Corp. ("4Front" or the "Company") (CSE: FFNT) (OTC: FFNTF), a vertically integrated cannabis operator, announces that, following its previously announced U.S. receivership petition, it has made an assignment into bankruptcy pursuant to the Canadian Bankruptcy and Insolvency Act (the "Canadian Bankruptcy Proceedings"). B. Riley Farber has been appointed as the trustee in the Canadian Bankruptcy Proceedings. Further information may be obtained from the trustee at 4frontventures@ or on the case webpage About 4Front Ventures Corp. 4Front is a national, vertically integrated multi-state cannabis operator with operations in Illinois and Massachusetts and facilities in Washington. Since its founding in 2011, 4Front has built a strong reputation for its high standards and low-cost cultivation and production methodologies earned through a track record of success in facility design, cultivation, genetics, growing processes, manufacturing, purchasing, distribution, and retail. To date, 4Front has successfully brought to market more than 20 different cannabis brands and over 1,800 products, which are strategically distributed through its fully owned and operated Mission dispensaries and retail outlets in its core markets. For more information, visit The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release. View original content to download multimedia: SOURCE 4Front Ventures Corp. View original content to download multimedia: Sign in to access your portfolio
Cision Canada
4 days ago
- Business
- Cision Canada
4Front Initiates Bankruptcy and Insolvency Act Proceedings in Canada
PHOENIX, June 10, 2025 /CNW/ - 4Front Ventures Corp. (" 4Front" or the " Company") (CSE: FFNT) (OTC: FFNTF), a vertically integrated cannabis operator, announces that, following its previously announced U.S. receivership petition, it has made an assignment into bankruptcy pursuant to the Canadian Bankruptcy and Insolvency Act (the "Canadian Bankruptcy Proceedings"). B. Riley Farber has been appointed as the trustee in the Canadian Bankruptcy Proceedings. Further information may be obtained from the trustee at [email protected] or on the case webpage About 4Front Ventures Corp. 4Front is a national, vertically integrated multi-state cannabis operator with operations in Illinois and Massachusetts and facilities in Washington. Since its founding in 2011, 4Front has built a strong reputation for its high standards and low-cost cultivation and production methodologies earned through a track record of success in facility design, cultivation, genetics, growing processes, manufacturing, purchasing, distribution, and retail. To date, 4Front has successfully brought to market more than 20 different cannabis brands and over 1,800 products, which are strategically distributed through its fully owned and operated Mission dispensaries and retail outlets in its core markets. For more information, visit
Cision Canada
02-05-2025
- Business
- Cision Canada
Court appoints Receiver for Sussman Mortgage Funding Inc. Français
TORONTO, May 2, 2025 /CNW/ - Today, the Ontario Superior Court of Justice appointed B. Riley Farber (BRF) as receiver of all assets, undertakings and properties of Sussman Mortgage Funding Inc. (SMFI) and certain related companies. The appointment resulted from FSRA's application under the Mortgage Brokerages, Lenders and Administrators Act, 2006 (MBLAA) and the Court of Justice Act (CJA). FSRA applied to appoint a receiver in response to allegations of serious wrongdoing and multiple legal proceedings by mortgage investors. A receiver can ensure that SMFI's affairs are managed in the best interests of all of its investors. BRF will report to the Court before June 2, 2025. SMFI was licensed with FSRA as a mortgage brokerage and mortgage administrator. As of March 31, 2025, SMFI had no licensed brokers, and its brokerage licence was suspended. FSRA has since revoked the mortgage brokerage and administrator licenses of SMFI. BRF will be establishing a case website, including the materials filed with the court and court orders, for public access at Links FOR MEDIA INQUIRIES: Russ Courtney Sr. Manager, Media Relations Financial Services Regulatory Authority C: 437-225-8551 Email: [email protected]
