Quebec · CCAA
2024-12-17 Jugement sur la demande pour une OIAR
Application / notice of application · 17 December 2024 · French
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 filing9 verified
- secured creditorsnote: Aggregate figure stated as approximate; component of personal balance sheet, not summed further by extractor · page: 9 · debtor: Laurent Amram (personal, commercial real estate) · creditor: Unnamed first-ranking hypothec holders (CRE Properties) · currency: CAD · security: First-ranking hypothecs on CRE Properties, aggregate approximately $15.219M
- secured creditorsnote: Aggregate figure stated as approximate · page: 9 · debtor: Laurent Amram (personal, commercial real estate) · creditor: Unnamed second-ranking hypothec holders (CRE Properties) · currency: CAD · security: Second-ranking hypothecs on CRE Properties, aggregate approximately $6.804M
- secured creditorsnote: Personal guarantor obligation; NBC also is DIP lender/main secured creditor of Applicants; amount is $1,435,000 · page: 9 · amount: 1.435 · debtor: Laurent Amram (personal, family residence) · creditor: National Bank of Canada (NBC) · currency: CAD · security: First-ranking hypothec on family residence securing $1.435M
- secured creditorsnote: Private lender to Mr. Amram personally; proceeds allegedly reinvested in ELNA Group; amount is $2,800,000 · page: 9 · amount: 2.8 · debtor: Laurent Amram (personal, family residence) · creditor: Brandon Schiller (Schiller Loan) · currency: CAD · security: Second-ranking hypothec on family residence securing $2.8M
- secured creditorsnote: Raised concerns on the Amram Stay · page: 10 · debtor: Laurent Amram (personal) · creditor: Les Placements SP Canada Inc. · currency: CAD · security: Some loans guaranteed by assets of the Applicants
- secured creditorsnote: Raised concerns on the Amram Stay; loan proceeds used to purchase clinics excluded from CCAA proceedings · page: 10 · debtor: Laurent Amram (personal) · creditor: DeltaX Inc. · currency: CAD · security: Loans guaranteed by pledge of shares of companies that are Applicants
- secured creditorsnote: Claim against Mr. Amram falls within category of stayable third-party claims per case law cited; raised concerns on the Amram Stay · page: 10 · debtor: Laurent Amram (personal, as guarantor/director) · creditor: Investissement Quebec · currency: CAD
- secured creditorsnote: DIP Charge increased from $1,200,000 to $6,000,000 aggregate; Gestion Privamed is a limited guarantor of this indebtedness · page: 12 · debtor: Applicants (NBC Borrowers) · creditor: National Bank of Canada (NBC) · currency: CAD · security: DIP Facility and DIP Charge; described as Applicants' main secured creditor
- secured creditorsnote: Amount stated as 'approximately $4,253,000, subject to interest and adjustment'; BDC served s.244 BIA notice on Nov 20, 2024; treated as unaffected creditor under Forbearance Agreement; Gestion Privamed also limited guarantor of NBC Borrowers indebtedness · page: 15 · amount: 4.253 · debtor: Gestion Privamed Inc. · creditor: Business Development Bank of Canada (BDC) · currency: CAD · security: First-ranking immovable hypothecs on five properties (5970 Côte-des-Neiges; 5990 Côte-des-Neiges; 3400 Rue du Marché; 1052 Lionel-Daunais #203; 5955 Marie-Victorin Blvd)