Quebec · CCAA
2025-06-06 Raisons - Cinquième OIAR (en anglais)
Amended and restated initial order · 6 June 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 filing4 verified
- secured creditorsnote: DIP facility amount not stated in these pages; increases to DIP financing authorized in subsequent amended and restated initial orders · page: 2 · debtor: Applicants (EMG, 950 Canada, and other Schedule A Applicants) · creditor: National Bank of Canada (Interim Lender) · currency: CAD · security: DIP Charge granted under the Initial Order in relation to the DIP Facility
- secured creditorsnote: Described as principal secured creditor of landlord Gestion Privamed; amount not stated · page: 6 · debtor: Gestion Privamed Inc. · creditor: Bank of Development of Canada (BDC) · currency: CAD · security: Hypothec over the Brossard Building and the Boucherville Building
- secured creditorsnote: Debt plus collection costs, per formal demand dated December 31, 2024 and allegations in ABI's motion to lift the stay; personal guarantee (contract of suretyship dated January 31, 2023) by Laurent Amram, director/officer of ELNA, as related-party personal guarantor · page: 12 · as of: 2025-05-01 · amount: 3888000 · debtor: 9508503 Canada Inc. (and Laurent Amram, jointly and severally) · creditor: ABI USA Investments Inc. · currency: CAD · security: Moveable hypothec in principal amount of $5,000,000 with interest at 25% per annum on 60 Class A shares and 1,475,878 Class C shares (Hypothecated Shares) of Clinique Santé DIX30 Inc., published in the RDPRM; ABI is first-ranking hypothecary creditor
- presiding officerJustice Martin F. Sheehan