In 2021, Harte Gold Corp. (“Harte”) initiated a strategic review process and defaulted in its credit facility obligations to BNP Paribas. BNP Paribas arranged a series of forbearance arrangements; a marketing and sale process undertaken by Harte; the sale of BNP Paribas’ loans to a third party; and BNP Paribas’ continuing interests as hedge provider in Harte’s Companies’ Creditors Arrangement Act proceedings.
Fasken advised BNP Paribas with a team comprised of Stuart Brotman, Dev Singh, Dylan Chochla and Daniel Richer.
Jurisdictions
- Canada
- United States
