New Brunswick · CCAA
Fifth Monitor's Report
Court officer report · 22 April 2010
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What we verified from this filing6 verified
- closing confirmedscope: certain assets of Envirem · outcome: not_completed · date basis: unstated · approval order date: 2010-03-22
- operational summaryEnvirem continues to operate as a going concern while the Monitor works to complete the sale transaction with the Purchaser, preserving jobs for approximately 28 original employees plus 24 additional hires since March 1, 2010.
- purchaserprice: sealed: true · scope: certain assets of Envirem, as well as other assets of entities affiliated with the Companies, on a going concern basis · status: approved · name note: purchasers listed in the LOI, unnamed in this report · structure: assets · name source: recital · relationship: unstated · agreement date: 2010-03-10
- report date22 April 2010
- report noFifth Report of the Monitor
- sale outcometext: Transaction approved but not yet closed; Monitor recommends extension of stay to permit closing · scope: parcel · status: pending_approval