Metroland Media Group Ltd., October 13, 2023
October 13, 2023
We are pleased to report that by Order of Justice Peter Osborne of the Ontario Superior Court of Justice (Commercial List) dated October 13, 2023, our firm has been appointed as Representative Counsel to all the non-union terminated employees in the bankruptcy proposal proceeding of Metroland. We understand that Metroland will be presenting a Proposal to all its creditors within the next few days. We will correspond with you further when we receive and review a copy of the Proposal.
Please see the attached Notice of Appointment of Representative Counsel that was approved by the Court. As stated in the court Order, Metroland will be paying the non-union employees’ legal costs up to $100,000. Terminated employees do not need to pay any fees to our firm at this time.
If you do not wish to be represented by KM in the bankruptcy proposal proceeding of Metroland, you have the option to opt out and if so, you must provide a notice in writing to our firm at firstname.lastname@example.org and the proposal trustee, Grant Thornton Limited at email@example.com by 5:00 pm ET Tuesday, October 24, 2023.