Sask. Based Monette Farms Files for Court Protection Amid Restructuring

Sask. based Monette Farms files for court protection amid restructuring

Saskatchewan-based Monette Farms has filed for court protection as it continues to restructure its business.

Owner says priority is to 'keep farming' as Monette Farms Ltd. files for creditor protection

Darrel Monette says seeding and harvest planning will continue and that this "is not bankruptcy or a shutdown."

Monette Farms under court protection

Monette Farms Ltd. et al: Chapter 15 Petition (Canada)

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Canada by Deryck Helkaa, of FTI Consulting Canada Inc., as the Foreign Representative of Monette Farms Ltd., Monette Land Corp., DMO Holdings Ltd., Goat’s Peak Winery Ltd., Monette Farms BC Ltd., Monette Farms Ontario Corp., NexGen Seeds Ltd., Monette Produce Ltd., Monette Seeds Ltd., Monette Farms Land GP Ltd., Monette Farms Land II GP Ltd., Monette Farms BC GP Ltd., DMO Holdin…