Quebec · CCAA
Order (I) Recognizing and Enforcing CCAA Vesting Order; (II) Approving the Sale of Certain of the Debtors' Assets Free and Clear of Any and All Liens, Claims, and Encumbrances; and (III) Granting Related Relief dated September 28, 2023
Order (other) · 28 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 filing9 verified
- closing termsVesting occurs upon issuance of Monitor's Certificate confirming execution of Purchase Agreement, payment of Initial Payment, and satisfaction/waiver of closing conditions
- lawyerSANDRA ABITAN
- lawyerSOPHIE COURVILLE
- lawyerILIA KRAVTSOV
- lawyerJULIEN MORISSETTE
- order date24 May 2023
- purchaserIvys Adsorption Inc.
- sale outcometext: sale of the Purchased Assets to Buyer approved and recognized/enforced in the US · scope: parcel · status: approved
- sealed itemsBinding Letter of Intent for Purchase of Biostream WIP/Inventory