North American Lamb Company (“NALCO”), along with its six subsidiaries, filed for creditor protection under the Companies’ Creditors Arrangement Act (“CCAA”).

Formed as a result of the 2018 merger between Canada Gold Beef Ltd., owners of the Innisfail Alberta-based SunGold Speciality Meats Ltd., the Canada Gold Lamb Lot near Iron Springs Alberta, and Fresh Canada Meats Ltd, the Canadian subsidiary of New Zealand’s Integrated Foods Ltd., NALCO can annually process 80,000 animals. NALCO carried on business as a vertically integrated sheep producer in Manitoba and Alberta. Their processing plant was Canada's largest federally regulated processing facility, generating sales of lamb products to customers provincially and internationally.

The Bank of Nova Scotia served as the lender.

Ernst & Young Inc. was appointed as the court monitor, tasked with overseeing operations and maintaining creditor protection during the restructuring process.

McMillan acted as counsel to BNS with a team led by Adam Maerov and included Kourtney Rylands, Daniel Shouldice, Preet Saini, Melanie Cheddi, and Mitchell Allison.

Norton Rose Fulbright Canada LLP served as legal counsel to Ernst & Young