Freedom Cannabis Inc (Re), 2025 ABKB 272

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Summary Under

Court had the discretion under the CCAA to eliminate directors’ personal liability arising under a federal taxing statute

Freedom Cannabis Inc. (“Freedom”) was in CCAA proceedings. The only bid for it or its assets came from a secured creditor (JLL), which...

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Summary Under

s. 11 accorded discretion to release directors' personal vicarious tax liability

The only bid for the shares of assets of a company (“Freedom”), a cannabis-producer in CCAA proceedings, came from a secured creditor (JLL),...

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