British Columbia · CCAA
Sanction Order
Plan sanction / final order · 26 July 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 filing5 verified
- claims bar date5 July 2023
- order date26 July 2023
- presiding officerJustice Fitzpatrick
- recovery outcomeentries: basis: plan · quote: On the Plan Implementation Date, the Debtors shall use the proceeds arising from the Exit Financing to pay the BMO Secured Claim in full. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: court · class label: BMO Secured Claim · creditor name: Bank of Montreal · interim final: unstated · conditional on: Debtors use proceeds of the Exit Financing on the Plan Implementation Date · claims qualifier: unstated · stated on: 2023-07-26 · table missing:
- stay extended to1 March 2024