Gedex Systems Inc.

Gedex Systems Inc. began proceedings under the Companies' Creditors Arrangement Act in the Ontario Superior Court of Justice on August 12, 2019, and the file is now closed. A list of creditors filed in the proceeding reported secured claims aggregating CAD 11,166,880.42 across 15 individual secured amounts, and unsecured claims aggregating CAD 6,962,493.83. Preferred employee claims for salary, vacation pay and severance, which rank ahead of ordinary unsecured claims, were reported at CAD 1,842,792.35, comprising components of 1,830,642.83 and 12,149.52. In each case the source document's layout did not reliably pair individual creditor names with individual amounts, so the figures are reported only as the aggregates stated in the document itself.