Freshstone Brands gets CCAA protection after prepared meals business hit by cost inflation, lower volumes

Bankruptcy

Freshstone manufactures private-label and branded ready-to-go meals, meal kits, salads, entrees and sides for supermarkets, club stores, convenience stores, foodservice customers and co-manufacturing customers in Canada and the United States. Its operating units and brands include Freshstone Brands, Tiffany Gate, Johnston’s, Keybrand, Dip-A-Chip and Kingsway. As of May 11, 2026, the company had 338 non-unionized…

Can IMF Support Revive Mozambique’s Economy as Debt Pressures and Risks Continue to Mount?

Debt Help

Mozambique’s latest discussions with the International Monetary Fund (IMF) are not simply about securing another financial arrangement. They represent a critical test of whether the country can restore confidence in its economic management after years of debt-related challenges and fiscal stress. The IMF’s week-long mission focused on evaluating Mozambique’s economic progress and assessing its…

Paystone enters CCAA with insider sale planned after billing error, debt-funded growth

Bankruptcy

The companies provide integrated payment processing, gift card, loyalty and customer engagement software to small and medium-sized businesses. The group serves approximately 38,000 customers across Canada and the United States and has approximately 118 employees, all employed by Paystone Inc. Its customer base is concentrated in service-based businesses, including hospitality, automotive, healthcare and wellness, and…

Towards a fair, efficient insolvency regime

Liquidation

Image used for representative purpose only. | Photo Credit: Getty Images/iStockphoto The outline of India’s Insolvency and Bankruptcy Code (IBC) has long been demarcated by an innate stiffness between the inevitability to preserve distraught companies and the necessity to safeguard the interests of creditors. This contradiction is often cited as the ‘Chakravyuha Challenge’— a structural…

Dashdot encouraged customers to proceed days before collapse as liquidators examine insolvency timeline

Liquidation

Customers were still being encouraged to proceed with Dashdot’s property investment services just days before the buyer’s agency entered voluntary liquidation, according to emails and messages obtained by ABC News. The communications do not prove any wrongdoing occurred. But they raise fresh questions about what was happening inside the company in the weeks before its…