Ontario · Foreign recognition (CCAA)
Second Report of the Information Officer dated 19 July 2023
Court officer report · 19 July 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 filing4 verified
- operational summaryThe Chapter 11 Debtors (including the Canadian Debtors) continue to operate in the ordinary course while stabilizing relationships with stakeholders, and are running a court-approved sale process for all or substantially all of their assets.
- report date19 July 2023
- report noSecond Report
- sale outcometext: The Bidding Procedures were approved by the U.S. Court, contemplating a sale process with an auction and Sale Order hearing to follow · scope: whole_business · status: process_approved