Ontario · CCAA

Declaration Robert A. Fung, in Support of Verified Petition Under Chapter 15

Application / notice of application · 23 December 2011

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 filing1 verified

secured creditorsnote: Per the declaration, at any given time CIC has already paid for the Bolivares Fuertes it received from Venezolano Bank, and 'CIC does not have any outstanding obligations to such lender' - no current balance owed as of the filing date. · page: 8 · debtor: Crystallex International Corporation · creditor: Venezolano de Credito, S.A. ("Venezolano Bank") · currency: USD · security: Secured facility ("Venezolano Loan") - 4,000,000 Bolivares Fuertes (approximately $1,000,000), used as a currency exchange mechanism rather than a traditional drawn credit facility