Quebec · CCAA
2025-05-30 Demande pour une cinquième OIAR (en anglais)
Application / notice of application · 30 May 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 filing8 verified
- secured creditorsnote: DISCHARGED: amounts owing to beneficiaries have been fully paid; Applicants seeking termination, release and discharge of this charge as moot · page: 5 · debtor: Medicentres Canada Inc. · creditor: Beneficiaries of the Medicentres KERP Charge · currency: CAD · security: Medicentres KERP Charge
- secured creditorsnote: Treated as unaffected secured creditor with respect to Gestion Privamed Inc. only, not subject to stay · page: 21 · debtor: Gestion Privamed Inc. · creditor: Business Development Bank of Canada (BDC) · currency: CAD · security: credit agreement with Gestion Privamed Inc.
- secured creditorsnote: Treated as unaffected secured creditor, not subject to stay; claims/rights unaffected by Plan or proceedings · page: 21 · debtor: Applicants · creditor: National Bank of Canada (NBC) · currency: CAD · security: credit agreement with the Applicants
- secured creditorsnote: DIP facility limit not exceeding $8,000,000 outstanding at any time; DIP Charge secures the facility for $9,600,000; ranks third in CCAA Charges priority; unaffected creditor · page: 26 · as of: date of Fifth ARIO · amount: 8000000 · debtor: Applicants · creditor: National Bank of Canada (Interim Lender / DIP Facility) · currency: CAD · security: DIP Charge on all Property, aggregate amount $9,600,000
- secured creditorsnote: Related party (directors/officers); security for indemnity obligations · page: 28 · as of: date of Fifth ARIO · amount: 1600000 · debtor: Applicants · creditor: Directors of the Applicants (D&O Charge beneficiaries) · currency: CAD · security: D&O Charge on Property, ranking fifth in CCAA Charges priority
- secured creditorspage: 29 · as of: date of Fifth ARIO · amount: 250000 · debtor: Applicants · creditor: Employees designated in the ELNA KERP (ELNA KERP Charge beneficiaries) · currency: CAD · security: ELNA KERP Charge on Property, ranking fourth in CCAA Charges priority
- secured creditorsnote: Secures Medicentres Retention Program obligations · page: 29 · as of: date of Fifth ARIO · amount: 3000000 · debtor: Medicentres Canada Inc. and Elna Acquisitions Inc. · creditor: Medicentres' doctors and other individual healthcare providers (MRP Charge beneficiaries) · currency: CAD · security: MRP Charge on Medicentres' Property, ranking second in CCAA Charges priority
- secured creditorsnote: Related party (Monitor, CFO and counsel); secures professional fees and disbursements · page: 37 · as of: date of Fifth ARIO · amount: 1000000 · debtor: Applicants · creditor: Raymond Chabot Grant Thornton & Co LLP, the Monitor, Monitor's legal counsel, CFO, and Applicants' legal counsel (Administration Charge beneficiaries) · currency: CAD · security: Administration Charge on Property, ranking first in CCAA Charges priority