Quebec · CCAA
2025-07-18 - Demande pour une septième OIAR (en anglais)
Application / notice of application · 18 July 2025
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
- secured creditorsnote: To be terminated, released and discharged per Seventh ARIO as payments have been issued. · page: 3 · as of: Second ARIO · amount: 250000 · debtor: Applicants · creditor: Employees designated in the ELNA KERP · currency: CAD · security: ELNA KERP Charge on the Property, third priority
- secured creditorsnote: Treated as unaffected creditor with respect to Gestion Privamed Inc. only; receivership orders issued June 20, 2025 in separate proceedings; Receivership Entities no longer hold material tangible assets. · page: 4 · debtor: Gestion Privamed Inc. only · creditor: Business Development Bank of Canada (BDC) · currency: CAD · security: Security over immovable and certain moveable assets of BDC Receivership Entities
- secured creditorsnote: Related party (directors/officers); charge reduced from $1,600,000 to $200,000 per Seventh ARIO. · page: 4 · as of: Seventh ARIO · amount: 200000 · debtor: Applicants · creditor: Directors of the Applicants (D&O Charge beneficiaries) · currency: CAD · security: D&O Charge over the Property, second priority after Administration Charge
- secured creditorsnote: DIP Facility/Charge terminated, released and discharged as of Sixth ARIO (June 26, 2025); reported historically, not current. · page: 4 · debtor: Applicants · creditor: National Bank of Canada (Interim Lender) · currency: CAD · security: DIP Charge, discharged per Sixth ARIO (originally up to $9,600,000, DIP Facility up to $8,000,000)
- secured creditorsnote: Charge reduced from $3,000,000 to $300,000 per Sixth ARIO; to be terminated, released and discharged per Seventh ARIO as nearly all amounts issued. · page: 4 · as of: Sixth ARIO · amount: 300000 · debtor: Medicentres Canada Inc. and Elna Acquisitions Inc. · creditor: Medicentres' doctors and other individual healthcare providers (MRP Charge beneficiaries) · currency: CAD · security: MRP Charge on Medicentres' Property, ranking second (only re: proceeds of sale of Medicentres' Property)
- secured creditorsnote: Treated as unaffected creditor, not subject to stay; claims/rights not compromised by Plan or proceedings. · page: 21 · debtor: Applicants (including Gestion Privamed Inc.) · creditor: National Bank of Canada (NBC) · currency: CAD · security: Hypothecs on Applicants' property; unaffected creditor under Order
- secured creditorsnote: Professional fees security charge. · page: 33 · as of: Sixth ARIO / Seventh ARIO · amount: 1000000 · debtor: Applicants · creditor: Raymond Chabot Grant Thornton & Co LLP, the Monitor, Monitor's legal counsel, Applicants' legal counsel · currency: CAD · security: Administration Charge on the Property, first priority