Ontario · Foreign recognition (CCAA)
Fourth Report of the Information Officer dated 13 October 2023
Court officer report · 13 October 2023
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
- operational summaryThe Chapter 11 Debtors have been operating in the ordinary course while advancing the sale of substantially all assets (Appliances and Housewares Transactions) and beginning work on a joint Chapter 11 plan of liquidation.
- purchaserCentre Lane Partners V, L.P.; Centre Lane Partners V, L.P.; Conair IB Appliances LLC
- report date13 October 2023
- report noFourth Report of the Information Officer
- sale advisorGuggenheim Securities, LLC
- sale outcometext: auction held, bids identified, U.S. Court ruled bidding closed, Sale Order approving sale of substantially all assets entered · scope: whole_business · status: approved