Quebec · CCAA
2025-02-07 Demande pour une deuxième OIAR (en anglais seulement)
Application / notice of application · 7 February 2025 · French
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 approved amount not exceeding $5,000,000 outstanding at any time; DIP Charge secures up to $6,000,000 (principal, interest, fees/expenses); Interim Lender treated as unaffected creditor · page: 3 · as of: date of Initial Order (December 11, 2024) · amount: 5000000 · debtor: Elna Medical Group Inc. and other Applicants · creditor: National Bank of Canada (NBC), as Interim Lender · currency: CAD · security: DIP Charge over all Property, aggregate amount $6,000,000, ranking per priority order
- secured creditorsnote: Approved as part of Second ARIO application; Mr. Laurent Amram not a beneficiary · page: 7 · amount: 250000 · debtor: Applicants · creditor: Employees designated in ELNA KERP · currency: CAD · security: ELNA KERP Charge over Property, aggregate amount $250,000, fifth priority
- secured creditorsnote: Secures Medicentres Retention Program obligations · page: 31 · amount: 3000000 · debtor: Medicentres Canada Inc. and Elna Acquisitions Inc. · creditor: Medicentres' doctors and other individual healthcare providers · currency: CAD · security: MRP Charge over Medicentres' Property, aggregate amount $3,000,000, second priority (Medicentres' Property only)
- secured creditorsnote: Charge secures indemnity for director/officer liabilities incurred after Effective Time; personal role (directors), not a company · page: 31 · amount: 1600000 · debtor: Applicants · creditor: Directors of the Applicants · currency: CAD · security: D&O Charge over Property, aggregate amount $1,600,000, sixth priority
- secured creditorspage: 32 · amount: 250000 · debtor: Medicentres Canada Inc. / Elna Acquisitions Inc. · creditor: Employees designated in Medicentres KERP · currency: CAD · security: Medicentres KERP Charge over Property, aggregate amount $250,000, third priority (Medicentres' Property only)
- secured creditorsnote: Related-party/professional charge securing fees and disbursements · page: 35 · amount: 1000000 · debtor: Applicants · creditor: Raymond Chabot Grant Thornton & Co LLP (Monitor), Monitor's legal counsel, CFO (Crowe BGK LLP), Applicants' legal counsel · currency: CAD · security: Administration Charge over Property, aggregate amount $1,000,000, first priority