Tag: insolvency
Posted in General
RenoRun granted court extension in insolvency filing to pursue sale
Author: George Holt Published Date: April 25, 2023
RenoRun asked for extension amid “a high level” of interest from potential buyers. RenoRun has filed for and been granted an extension as part…
Posted in General
RenoRun files for creditor protection after failed pursuit of “hail mary” deals to save company from insolvency
Author: George Holt Published Date: March 28, 2023
The filling follows four attempts to raise bridge financing and multiple rounds of layoffs. Montréal-based RenoRun has filed for creditor protection as the struggling…
Posted in General
Faced with insolvency, Ottawa’s Tehama forges ahead with founder-backed restructuring
Author: George Holt Published Date: January 31, 2023
Software startup for remote teams pursuing federal contract after fundraising falls through, bank relationship sours. Faced with difficult competition in the market and inhospitable…