Quebec · CCAA

Notice of Filing Oral Reasons for Judgment, Approval, Vesting & Assignment Order and Order Extending Stay or Proceedings DI 73

Order (other) · 1 May 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

closing termsVesting occurs upon issuance of the Monitor's Certificate confirming Closing has occurred under the APA
order date28 April 2025
order date28 April 2025
presiding officerJustice Andres Garin
purchaser9539-5893 Québec Inc
sale outcometext: Sale of Pelican's business as a going concern approved · scope: whole_business · status: approved
sealed itemspurchase price, deposit amount and holdback amount in the purchase agreement; Exhibits P-2B and P-2D and Appendices C and D to the Report
stay extended to11 August 2025