Quebec · CCAA
2025-06-06 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 filing8 verified
- secured creditorsnote: Treated as unaffected creditor with respect to Gestion Privamed Inc. only; not subject to stay · page: 5 · debtor: Gestion Privamed Inc. · creditor: Business Development Bank of Canada (BDC) · currency: CAD · security: credit agreement with Gestion Privamed Inc. only
- secured creditorsnote: Treated as unaffected creditor; claims not compromised by Plan; security enforceable per contractual rights subject to notice · page: 5 · debtor: Applicants (including Gestion Privamed Inc.) · creditor: National Bank of Canada (NBC) · currency: CAD · security: credit agreement with the Applicants; also Interim Lender under DIP Facility
- secured creditorsnote: Interim financing/DIP; ranks third in CCAA Charges priority; unaffected creditor · page: 11 · as of: Fifth Amended and Restated Initial Order · amount: 9600000 · debtor: Applicants · creditor: National Bank of Canada (NBC) (as Interim Lender - DIP Charge) · currency: CAD · security: DIP Charge over all Property, aggregate amount not exceeding $9,600,000; DIP Facility principal limit $8,000,000 outstanding at any time
- secured creditorsnote: Related party (directors/officers); ranks fifth in CCAA Charges priority; indemnity security · page: 12 · as of: Fifth Amended and Restated Initial Order · amount: 1600000 · debtor: Applicants · creditor: Directors and Officers of the Applicants (D&O Charge) · currency: CAD · security: D&O Charge over the Property
- secured creditorsnote: Ranks fourth in CCAA Charges priority · page: 13 · as of: Fifth Amended and Restated Initial Order · amount: 250000 · debtor: Applicants · creditor: ELNA KERP designated employees (ELNA KERP Charge) · currency: CAD · security: ELNA KERP Charge over the Property
- secured creditorsnote: Ranks second in CCAA Charges priority (with respect to Medicentres' Property only) · page: 13 · as of: Fifth Amended and Restated Initial Order · amount: 3000000 · debtor: Medicentres Canada Inc. and Elna Acquisitions Inc. · creditor: Medicentres' doctors and other individual healthcare providers (MRP Charge) · currency: CAD · security: MRP Charge on Medicentres' Property
- secured creditorsnote: Ranks first in CCAA Charges priority; secures professional fees and disbursements · page: 21 · as of: Fifth Amended and Restated Initial Order · amount: 1000000 · debtor: Applicants · creditor: Raymond Chabot Grant Thornton & Co LLP (Monitor), Monitor's legal counsel, CFO, and Applicants' legal counsel (Administration Charge) · currency: CAD · security: Administration Charge over the Property
- presiding officerJustice Martin F. Sheehan