Manitoba · NOI
Second Report of the Proposal Trustee
Court officer report · 29 June 2016
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 filing9 verified
- courtTHE QUEEN'S BENCH
- court file noBK 16-01-04090
- appointeePricewaterhouseCoopers Inc.
- appointee roleTrustee
- commencement date10 June 2016
- statutory basissubsection 50.4(1) of the Bankruptcy and Insolvency Act
- operational summaryThe Company has secured C.O.D. purchasing arrangements with key suppliers, resolved issues with its consignment ink supplier, continued paying rent, and is pursuing a due diligence sale process with a potential purchaser while operating under an increased operating line and a proposed DIP loan from RBC.
- report date29 June 2016
- report noSecond Report