Quebec · CCAA
2025-04-25 Raisons - Quatrième OIAR (en anglais seulement)
Amended and restated initial order · 25 April 2025
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
- secured creditorsnote: DIP Facility increased to $8,000,000 with corresponding DIP Charge of $9,600,000 (post-filing financing, not pre-filing debt); reported for context only. · page: 2 · as of: Fourth ARIO · amount: 8000000 · debtor: Applicants (ELNA Medical Group Inc. and related entities) · creditor: National Bank of Canada (as Interim Lender / DIP Lender) · currency: CAD · security: DIP Facility / DIP Charge
- secured creditorsnote: Interim Lender/DIP Lender also holds first-ranking security against Medicentres; amount not stated. · page: 6 · debtor: Medicentres Canada Inc. · creditor: National Bank of Canada · currency: CAD · security: First-ranking secured creditor
- secured creditorsnote: Pre-filing amounts owed to physicians guaranteed under the MRP Charge, a CCAA court-ordered charge; amount not stated. · page: 8 · debtor: Medicentres Canada Inc. · creditor: Physicians (guaranteed pre-filing amounts) · currency: CAD · security: MRP Charge (court-ordered charge)
- secured creditorsnote: Amounts claimed by Norea Capital are under review by the Monitor and are not accepted. · page: 13 · debtor: m-Health Solutions Inc. · creditor: Norea Capital · currency: CAD · security: Second-ranking security
- secured creditorsnote: Amount owed not stated; m-Health Transaction proceeds expected to repay a portion. · page: 13 · debtor: m-Health Solutions Inc. · creditor: National Bank of Canada · currency: CAD · security: First-ranking security
- presiding officerJustice Martin F. Sheehan