Ontario · Receivership (court-appointed)
Twenty-Fifth Report of the Monitor
Court officer report · 10 February 2017
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 filing3 verified
- purchaserprice: sealed: false · scope: the acquisition of substantially all of the Applicants' assets · status: not_completed · name note: Joint Bid between Term Loan and ABL lenders and KPS Capital Partners, LP · structure: assets · name source: recital · relationship: unstated
- sale advisorEvercore Group LLC
- sale outcometext: On July 13, 2016, the Applicants were advised by the Term Lenders that KPS and the Term Lenders had agreed to terminate the consortium agreement governing the terms of their Joint Bid. · scope: whole_business · status: not_completed