Quebec · CCAA
2025-06-26-Ordonnance-dapprobation-et-devolution-inversee-CDL-en-anglais
Approval and vesting order · 26 June 2025 · French
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What we verified from this filing11 verified
- secured creditorsnote: Registered security to be discharged/reduced under the RVO; no balance stated · page: 35 · as of: 2019-07-17 · debtor: CDL Laboratories Inc./Laboratoires CDL inc. · creditor: Banque de Développement du Canada · currency: CAD · security: Conventional movable hypothec without delivery, registration no. 19-0786418-0001, over universality of present and future equipment, machinery, tooling, vehicles and related intellectual property
- secured creditorsnote: Registered security to be discharged/reduced under the RVO; no balance stated · page: 35 · as of: 2020-07-17 · debtor: CDL Laboratories Inc./Laboratoires CDL inc. · creditor: Banque de Développement du Canada · currency: CAD · security: Conventional movable hypothec without delivery, registration no. 20-0681138-0001, over universality of present and future movable property (corporeal and incorporeal)
- secured creditorsnote: Registered security to be discharged/reduced under the RVO; no balance stated · page: 35 · as of: 2023-05-05 · debtor: CDL Laboratories Inc./Laboratoires CDL inc. · creditor: Investissement Québec · currency: CAD · security: Conventional movable hypothec without delivery, registration no. 23-0521575-0001, over universality of present and future movable property of any nature
- secured creditorsnote: PMSI/equipment-financing type security to be discharged/reduced under the RVO; no balance stated · page: 35 · as of: 2024-04-25 · debtor: CDL Laboratories Inc./Laboratoires CDL inc. · creditor: Hewlett-Packard Financial Services Canada Company · currency: CAD · security: Conventional movable hypothec without delivery, registration no. 24-0488619-0001, over financed/leased goods, software and other personal property bearing HP-related trademarks
- closing termsThe Transactions shall close in accordance with the Closing Sequence and Detailed Steps upon issuance of the Monitor's Certificate.
- order date26 June 2025
- purchaser17092326 Canada Inc.
- residualco2705425 Alberta Ltd. and 2705428 Alberta Ltd.
- sale advisorRaymond Chabot Grant Thornton & Co LLP
- sale outcometext: Approval and reverse vesting order authorizing and approving the Transactions · scope: whole_business · status: approved
- sealed itemsShare Purchase Agreement (Exhibit R-13) and related exhibits