Ontario · CCAA
Notice of Application of Royal Bank of Canada
Application / notice of application · 29 October 2024
What we verified from this filing12 verified
- commencement date29 October 2024
- courtSUPERIOR COURT OF JUSTICE
- court file noCV-24-00730212-00CL
- applicantRoyal Bank of Canada
- appointeeFTI Consulting Canada Inc.
- appointee rolemonitor
- statutory basisCompanies’ Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
- secured creditorsnote: USD portion of total outstanding under Credit Facilities; plus costs, expenses and accruing interest; excludes outstanding letters of credit (reported separately) · page: 6 · as of: 2024-10-24 · amount: 66254723.3 · debtor: Chesswood Group Limited and Existing Guarantors (Case Funding Inc., Chesswood Holdings Ltd., Chesswood US Acquisitionco Ltd., Pawnee Leasing Corporation, Lease-Win Limited, Windset Capital Corporation, Tandem Finance, Inc., Chesswood Capital Management Inc., Chesswood Capital Management USA Inc., Rifco National Auto Finance Corporation, Rifco Inc., Waypoint Investment Partners Inc., 1000390232 Ontario Inc.) · creditor: Royal Bank of Canada, as Administrative Agent and Collateral Agent, and the Existing Lenders (The Toronto-Dominion Bank, The Huntington National Bank, M&T Bank, Canadian Imperial Bank of Commerce, Laurentian Bank of Canada) · currency: USD · security: General security agreement dated December 8, 2014 (Borrower) and individual security agreements (Guarantors) over all present and after-acquired property, pursuant to second amended and restated credit agreement dated January 14, 2022 (Existing Credit Agreement)
- secured creditorsnote: CAD portion of total outstanding under Credit Facilities; plus costs, expenses and accruing interest; excludes outstanding letters of credit (reported separately) · page: 6 · as of: 2024-10-24 · amount: 92797926.72 · debtor: Chesswood Group Limited and Existing Guarantors (Case Funding Inc., Chesswood Holdings Ltd., Chesswood US Acquisitionco Ltd., Pawnee Leasing Corporation, Lease-Win Limited, Windset Capital Corporation, Tandem Finance, Inc., Chesswood Capital Management Inc., Chesswood Capital Management USA Inc., Rifco National Auto Finance Corporation, Rifco Inc., Waypoint Investment Partners Inc., 1000390232 Ontario Inc.) · creditor: Royal Bank of Canada, as Administrative Agent and Collateral Agent, and the Existing Lenders (The Toronto-Dominion Bank, The Huntington National Bank, M&T Bank, Canadian Imperial Bank of Commerce, Laurentian Bank of Canada) · currency: CAD · security: General security agreement dated December 8, 2014 (Borrower) and individual security agreements (Guarantors) over all present and after-acquired property, pursuant to second amended and restated credit agreement dated January 14, 2022 (Existing Credit Agreement)
- secured creditorsnote: Outstanding letters of credit issued under Existing Credit Agreement (USD tranche) · page: 6 · as of: 2024-10-24 · amount: 4000000 · debtor: Chesswood Group Limited and Existing Guarantors · creditor: Royal Bank of Canada, as Administrative Agent, and the Existing Lenders · currency: USD · security: Same security as under Existing Credit Agreement (general security agreement / individual security agreements)
- secured creditorsnote: Outstanding letters of credit issued under Existing Credit Agreement (CAD tranche) · page: 6 · as of: 2024-10-24 · amount: 6600000 · debtor: Chesswood Group Limited and Existing Guarantors · creditor: Royal Bank of Canada, as Administrative Agent, and the Existing Lenders · currency: CAD · security: Same security as under Existing Credit Agreement (general security agreement / individual security agreements)
- counselBlake, Cassels & Graydon LLP