Ontario · CCAA
First Report of the Information Officer
Court officer report · 27 September 2023
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing7 verified
- operational summaryThe Debtors are conducting an orderly wind-down of operations and liquidation of assets, including through a competitive sale/bidding process for real estate, rolling stock, and other assets, while managing DIP financing, a bar date claims process, and rejection of certain Canadian contracts and leases.
- purchaserEstes Express Lines
- report date27 September 2023
- report noFirst Report
- sale advisorDucera Partners LLC
- sale outcometext: sale process ongoing with stalking horse for real estate; auction if required · scope: whole_business · status: process_approved
- stalking horseEstes Express Lines (1525000000)