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MJardin Announces Proposed Transactions

KSV Advisory featured in Globe Newswire article "MJardin Announces Proposed Transactions I Globe Newswire"

"The Proposed Transactions result following the conduct of the sale and investment solicitation process (the “SISP”) approved by the Court on November 4, 2022. The SISP was terminated after no bids were received by the initial bid deadline. Following termination of the SISP, the Debtors, with the assistance and in consultation with KSV Restructuring Inc., as the Court-appointed monitor of the Debtors in the CCAA proceedings (the “Monitor”), determined that proceeding with the Proposed Transactions represented the best available alternative in the circumstances to maximize value."