Ontario · CCAA
First Report October 16 2006
Court officer report · 16 October 2006
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What we verified from this filing6 verified
- secured creditorsnote: Described as the primary secured lender; independent legal counsel confirmed security is valid and enforceable. Plan negotiations contemplate La Salle releasing its security over certain retained assets; no balance stated. · page: 1 · debtor: Cantar Pool Products Limited/Produits De Piscines Cantar Limitée · creditor: La Salle Business Credit, a division of ABN Amro Bank N.V. Canada branch · currency: CAD · security: First-ranking security over all of the assets of Cantar in Ontario and Quebec
- closing confirmedscope: the Above Ground Pool and Pool Accessories divisions · outcome: completed · date basis: unstated
- process resultslois: 3 · ndas: 12 · note: 12 parties signed confidentiality agreements; three LOIs received
- purchaserprice: sealed: false · scope: the assets of the third division, the Pool Equipment division · status: proposed · name note: purchaser of the Pool Equipment division assets, unnamed · structure: assets · name source: recital · relationship: unstated
- sale advisorProwis Inc.
- sale outcometext: LOI accepted for the Pool Equipment division assets, sale approval being sought · scope: parcel · status: pending_approval