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 filing11 verified
- closing termsVesting of the Purchased Assets takes effect upon issuance of the Receiver's Certificate; the lease is assigned at the same time and cure costs are paid within five business days after the Closing Date.
- counselLanglois Avocats, s.e.n.c.r.l.
- counselLanglois Avocats, s.e.n.c.r.l.
- counselLanglois Avocats, s.e.n.c.r.l.
- counselFishman Flanz Meland Paquin s.e.n.c.r.l.
- counselJoseph Reynaud Me William Rodier Dumas Stikeman Elliott s.e.n.c.r.l., s.r.l.
- order date23 August 2021
- presiding officerJustice Gaétan Dumas
- purchaserEkip Innovations inc.
- sale outcometext: The receiver's application is granted and the transaction under the APA is approved. The Receiver's Certificate has not yet been issued, so vesting is not yet effective. · scope: whole_business · status: approved
- sealed itemsExhibits P-2 and P-15 (engagement letter and APA) and Schedules A, B and C to the Receiver's report sealed until closing or further order