Vancouver, British Columbia–(Newsfile Corp. – June 28, 2024) – good natured Products Inc. (TSXV: GDNP) (OTCQB: GDNPF) (the “Company” or “good natured“), a North American leader in eco-friendly food packaging, bio-based plastic extrusion and plant-based products, announced that the Company sought and obtained an order (the “Initial Order“) from the Supreme Court of British Columbia Justice (the “Court“) under the Companies’ Creditors Arrangement Act (the “CCAA“), in order to restructure its financial affairs. The Company and its subsidiaries will file cases under Chapter 15 of Title 11 of the United States Code seeking recognition of the CCAA proceeding within the territorial jurisdiction of the United States to restructure its finan…
Read the full article at: https://finance.yahoo.com/news/good-natured-products-inc-announces-225500974.html