Whyte’s Foods Inc., a prominent Canadian producer of pickled and fermented food products based in Mississauga, Ontario, filed a Notice of Intention (NOI) on August 23, 2023. The company’s financial health suffered due to several pandemic-related challenges, including labor shortages, global supply chain disruptions, inventory supply issues, reduced demand from food service customers, and increased freight and logistics costs. Additionally, crop shortages from 2021 to 2023 worsened the situation. Despite attempts to mitigate these issues, Whyte’s Foods continued to experience severe cash flow constraints and supply problems throughout 2022 and 2023. The company sought additional capital to manage its urgent liquidity crisis. Alvarez & Marsal (A&M) served as the Proposal Trustee, with representation from Fasken. Stikeman Elliott acted as counsel for Whyte’s Foods, while Norton Rose Fulbright provided legal counsel and EY offered financial advisory services to Wells Fargo Capital Finance Corporation Canada. Gowling WLG served as legal counsel and FTI Consulting as financial advisor for Farm Credit Canada, with Osler providing counsel for Aliments Putters.