Quebec · CCAA
2025-03-05 Demande pour une Troisième OIAR (en anglais seulement)
Application / notice of application · 5 March 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 filing8 verified
- secured creditorsnote: Interim Lender under DIP Term Sheet; increased facility limit (not a drawn balance); unaffected creditor · page: 6 · as of: Third ARIO / DIP Facility increase · amount: 6500000 · debtor: Applicants · creditor: National Bank of Canada (NBC) · currency: CAD · security: DIP Charge over all Property, aggregate amount $7,800,000, priority per paras [78]-[79]
- secured creditorsnote: Claims/rights unaffected, uncompromised by Plan or proceedings; not a stated balance · page: 23 · debtor: Applicants · creditor: National Bank of Canada (NBC) · currency: CAD · security: Pre-existing credit agreement security; treated as unaffected creditor
- secured creditorsnote: Treated as unaffected creditor with respect to Gestion Privamed Inc. only; not a stated balance · page: 23 · debtor: Gestion Privamed Inc. only · creditor: Business Development Bank of Canada (BDC) · currency: CAD · security: Credit agreement security
- secured creditorsnote: Personal guarantors/indemnitees are individuals (directors/officers) - not a company; charge secures indemnity for post-Effective-Time obligations · page: 29 · debtor: Applicants · creditor: Directors of the Applicants · currency: CAD · security: D&O Charge, aggregate amount $1,600,000, sixth priority per paras [78]-[79]
- secured creditorsnote: Individual healthcare providers; charge amount is a ceiling not a stated balance · page: 31 · debtor: Medicentres Canada Inc. and Elna Acquisitions Inc. · creditor: Medicentres' doctors and other individual healthcare providers (MRP beneficiaries) · currency: CAD · security: MRP Charge, aggregate amount $3,000,000, second priority (Medicentres' Property only) per paras [78]-[79]
- secured creditorsnote: Charge amount is a ceiling, not a stated balance · page: 31 · debtor: Applicants · creditor: Employees designated in Medicentres KERP · currency: CAD · security: Medicentres KERP Charge, aggregate amount $250,000, third priority per paras [78]-[79]
- secured creditorsnote: Charge amount is a ceiling, not a stated balance · page: 31 · debtor: Applicants · creditor: Employees designated in ELNA KERP · currency: CAD · security: ELNA KERP Charge, aggregate amount $250,000, fifth priority per paras [78]-[79]
- secured creditorsnote: CCAA charge securing professional fees, not a balance owed · page: 38 · debtor: Applicants · creditor: Raymond Chabot Grant Thornton & Co LLP (Monitor), Monitor's legal counsel, CFO, Applicants' legal counsel · currency: CAD · security: Administration Charge, aggregate amount $1,000,000, first priority per paras [78]-[79]