Quebec · CCAA
2025-06-26 Raison - Sixième OIAR (en anglais)
Amended and restated initial order · 26 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 filing5 verified
- secured creditorsnote: DIP Facility has been fully repaid and DIP Charge is being terminated, released and discharged per the Sixth ARIO (discharged security - do not report as current balance); NBC confirmed it would not file notice of preservation of these hypothecs against 17009321 Canada Inc. in respect of purchased assets · page: 22 · as of: June 11, 2025 · debtor: ELNA Medical Group Inc. and other Applicants · creditor: National Bank of Canada (Interim Lender / DIP Lender) · currency: CAD · security: DIP Charge under DIP Facility; also holds movable hypothecs registered at RPMRR under registration numbers 16-0810245-0006, 22-0063715-0002, 22-0962421-0001, 22-0962421-0002 and 22-0962421-0003
- secured creditorsnote: Registration ordered cancelled/discharged pursuant to the Approval and Vesting Order issued June 6, 2025 (discharged security) · page: 22 · debtor: Clinique Privamed Inc. · creditor: Mr. Jason Rabin · currency: CAD · security: Conventional movable hypothec registered under registration number 24-0172058-0002
- secured creditorsnote: Registration ordered cancelled/discharged pursuant to the Approval and Vesting Order issued June 6, 2025 (discharged security) · page: 22 · debtor: Clinique Privamed Inc. · creditor: Merchant Capital Group LLC · currency: CAD · security: Conventional movable hypothec registered under registration number 24-1613976-0006
- unsecured creditorsnote: MRP Charge being reduced from $3,000,000 to $300,000 to cover this remaining liability plus buffer; simplified reverse claims process with bar date of July 18, 2025 approved · page: 23 · as of: 2025-06-13 · basis: Monitor's reported amount remaining owing under the Medicentres Retention Program as of June 13, 2025 · amount: 100000 · debtor: ELNA Medical Group Inc. / Applicants (Medicentres Retention Program) · creditor: MRP beneficiaries (approximately 17 physicians) · currency: CAD
- presiding officerJustice Martin F. Sheehan