Stay updated with breaking news from Ontario court on. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Canada Bread has agreed to pay $50 million in fine after pleading guilty to having played a role in fixing the price of bread for years. The company revealed in an Ontario Court on Wednesday that it frequently communicated with its competitor under previous managerial regime to raise the wholesale prices in unison, making bread costlier for Canadian consumers in the process.
Canada Bread, which owns dozens of brands of baked goods, has been owned by Mexican food giant Grupo Bimbo since 2014. Prior to that, the company was owned by Maple Leaf Foods. ....
CannTrust Announces Restructuring Support Agreement with Key Class Action Plaintiffs and their Counsel News provided by Share this article Parties agreed to settle litigation by way of CCAA Plan of Arrangement VAUGHAN, ON, Jan. 20, 2021 /PRNewswire/ - CannTrust Holdings Inc. ( CannTrust or the Company ) (unlisted) announced today that it has entered into a Restructuring Support Agreement ( RSA ) with plaintiffs who have commenced litigation in Canada and the United States (the Securities Claims ) asserting claims against CannTrust and others on behalf of a global class of CannTrust shareholders (together, the Securities Claimants ) and their legal counsel. The RSA provides a comprehensive framework for settling the Securities Claims under a Court-approved plan of compromise, arrangement and reorganization ( Plan of Arrangement ) pursuant to the ....