Quebec · CCAA
2024-12-11 Ordonnance initiale du premier jour (en anglais seulement)
Initial order · 11 December 2024 · French
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What we verified from this filing16 verified · 1 withheld
- applicantELNA MEDICAL GROUP INC. / GROUPE MÉDICAL ELNA INC.
- appointeeRaymond Chabot Inc.
- appointee roleMonitor
- commencement date11 December 2024
- courtSUPERIOR COURT
- court file no500-11-065011-245
- provinceQUÉBEC
- statutory basisCompanies' Creditors Arrangement Act, RSC 1985, c C-36
- proceeding typeccaa
- secured creditorsnote: Treated as unaffected creditor; NBC's pre-existing security not stayed. DIP Facility/Charge amounts are new interim financing, not the pre-filing balance, which is not stated. · page: 4 · debtor: Applicants · creditor: National Bank of Canada (NBC) · currency: CAD · security: Credit agreement security; NBC is also Interim Lender under DIP Facility (up to $1,000,000 outstanding, secured by DIP Charge of $1,200,000)
- secured creditorsnote: This is a post-filing interim financing charge (aggregate ceiling), not a pre-filing debt. DIP facility limit is $1,000,000 outstanding at any time. · page: 11 · as of: First Day Initial Order date (December 11, 2024) · amount: 1200000 · debtor: Applicants · creditor: Interim Lender (NBC) - DIP Charge · currency: CAD · security: Court-ordered DIP Charge over all Property
- secured creditorsnote: Post-filing court-ordered retention program charge, not a pre-filing secured claim. · page: 12 · as of: First Day Initial Order date (December 11, 2024) · amount: 3000000 · debtor: Medicentres Canada Inc. and Elna Acquisitions Inc. · creditor: Medicentres' doctors and individual healthcare providers (MRP Charge beneficiaries) · currency: CAD · security: Court-ordered MRP Charge over Medicentres' Property
- secured creditorsnote: Post-filing court-ordered charge securing indemnity for post-Effective Time obligations; not a pre-filing secured claim. Related party (directors/officers). · page: 12 · as of: First Day Initial Order date (December 11, 2024) · amount: 725000 · debtor: Applicants · creditor: Directors (D&O Charge beneficiaries) · currency: CAD · security: Court-ordered D&O Charge over Property
- secured creditorsnote: Post-filing court-ordered charge for professional fees before and after filing; not a pre-filing secured claim. · page: 19 · as of: First Day Initial Order date (December 11, 2024) · amount: 750000 · debtor: Applicants · creditor: Raymond Chabot Inc. (Monitor), Monitor's counsel, CFO, Applicants' counsel (Administration Charge beneficiaries) · currency: CAD · security: Court-ordered Administration Charge over Property, first priority among CCAA Charges
- counselOsler Hoskin & Harcourt LLP
- presiding officerJustice Martin F. Sheehan
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.