Quebec · CCAA
2025-06-06 Ordonnance d'approbation et de dévolution - Privamed (en anglais)
Approval and vesting 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 filing13 verified · 1 withheld
- secured creditorsnote: Registration to be cancelled/reduced upon closing; no balance stated · page: 6 · debtor: Clinique Privamed Inc. (Seller) · creditor: National Bank of Canada · currency: CAD · security: Conventional movable hypothec without delivery, registration no. 16-0810245-0006, registered August 19, 2016
- secured creditorsnote: Registration to be cancelled/reduced upon closing; no balance stated · page: 7 · debtor: Clinique Privamed Inc. (Seller) · creditor: National Bank of Canada · currency: CAD · security: Conventional movable hypothec without delivery, registration no. 22-0063715-0002, registered January 21, 2022
- secured creditorsnote: Registration to be cancelled/reduced upon closing; no balance stated; individual secured party · page: 7 · debtor: Clinique Privamed Inc. (Seller) · creditor: Jason Rabin · currency: CAD · security: Conventional movable hypothec without delivery, registration no. 24-0172058-0002, registered February 15, 2024
- secured creditorsnote: Registration to be cancelled/reduced upon closing; no balance stated · page: 7 · debtor: Clinique Privamed Inc. (Seller) · creditor: Merchant Capital Group LLC · currency: CAD · security: Conventional movable hypothec without delivery, registration no. 24-1613976-0006, registered December 27, 2024
- secured creditorsnote: Registration to be cancelled/reduced upon closing; no balance stated · page: 7 · debtor: Clinique Privamed Inc. (Seller) · creditor: National Bank of Canada · currency: CAD · security: Conventional movable hypothec without delivery, registration no. 22-0962421-0001, registered August 31, 2022
- secured creditorsnote: Registration to be cancelled/reduced upon closing; no balance stated · page: 7 · debtor: Clinique Privamed Inc. (Seller) · creditor: National Bank of Canada · currency: CAD · security: Conventional movable hypothec without delivery, registration no. 22-0962421-0002, registered August 31, 2022
- secured creditorsnote: Registration to be cancelled/reduced upon closing; no balance stated · page: 7 · debtor: Clinique Privamed Inc. (Seller) · creditor: National Bank of Canada · currency: CAD · security: Conventional movable hypothec without delivery, registration no. 22-0962421-0003, registered August 31, 2022
- closing termsVesting occurs upon issuance of the Monitor's Certificate confirming execution and delivery of the Purchase Agreement, satisfaction of the Purchase Price, and satisfaction/waiver of closing conditions.
- order date6 June 2025
- presiding officerJustice Martin F. Sheehan
- purchaser17009321 Canada Inc.
- sale outcometext: The Court approved the Transaction contemplated by the Asset Purchase Agreement and ordered vesting of the Purchased Assets in the Buyer upon issuance of the Monitor's Certificate. · scope: parcel · status: approved
- sealed itemsExhibits R-5, R-5A, R-5B, R-5C and R-5D, as well as Schedules B, C and D of the Fifth Report
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.