May 2, 2008
Today, Hard-Rock Paving Company Limited, and its related companies Diamond Stonebridge Contracting Inc., Hard-Rock Highway Maintenance Inc., Hard-Rock Construction Inc., 942355 Ontario Limited, and 942356 Ontario Limited (collectively "Hard-Rock" or the "Applicants") was granted protection from its creditors under the Companies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as Amended ("CCAA"). The Order dated 2 May 2008 (the "Initial Order") granted by the Honourable Mr. Justice Spence of the Ontario Superior Court of Justice (Commercial List) states:
"THIS COURT ORDERS that subject to paragraph 13 of this Order until and including June 2, 2008, or such later date as this Court may order (the "Stay Period"), no proceeding or enforcement process in any court or tribunal (each, a "Proceeding") shall be commenced or continued against or in respect of the Applicants or the Monitor, or affecting the Business or the Property, except with the written consent of the Applicants and the Monitor, or with leave of this Court, and any and all Proceedings currently under way against or in respect of the Applicants or affecting the Business or the Property are hereby stayed and suspended pending further Order of this Court subject to paragraph 13 of this Order."
The Initial Order was posted on this website (see
Court Orders section).
