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More court oversight for troubled investment firm of seafood tycoon John Risley

CFFI Ventures shifts to federal CCAA after creditor concerns, with more court oversight and creditor involvement, while pursuing a $776 million takeover deal, officials said.

Summary by Winnipeg Free Press
Breaking News, Sports, Manitoba, Canada

7 Articles

The Globe & MailThe Globe & Mail
Center

Restructuring of John Risley’s empire revamped to win over CRA, former business partner

Halifax-based company seeks protection under the Companies’ Creditors Arrangement Act

·Canada
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The Toronto StarThe Toronto Star
+5 Reposted by 5 other sources
Lean Left

More court oversight for troubled investment firm of seafood tycoon John Risley

HALIFAX - Some creditors of the debt-laden holding company belonging to Nova Scotia seafood magnate John Risley are getting their way, with the firm’s restructuring process now set for more

·Toronto, Canada
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Winnipeg Free Press broke the news in Winnipeg, Canada on Thursday, March 12, 2026.
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