Quebec · CCAA
Orders on the Amended Sharholder's Bidder application to extend the Phase 2 Bid Deadline and on the Debtor's application to Approve a Vesting Order dated May 31, 2022
Approval and vesting order · 31 May 2022
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 filing6 verified
- closing termsVesting occurs upon issuance and delivery of the Certificate to the Purchaser or filing with the Court, deemed effective at Closing Time
- order date31 May 2022
- presiding officerJustice Marie-Anne Paquette
- purchaserprice: sealed: false · scope: the Purchased Shares · status: approved · name note: Purchaser defined by reference to unnamed Purchase Agreement; not named in operative text · structure: shares · name source: operative · relationship: unstated
- residualcoResidualCo
- sale outcometext: The Court granted the application to approve the vesting order and dismissed the Intervenor's opposition · scope: whole_business · status: approved