Nova Scotia · CCAA
Affidavit of V. Milosevic - Sworn
Affidavit · 11 September 2024
A plain-language read of this filing opens with a subscription.
What we verified from this filing5 verified
- secured creditorsnote: Notice of Intention to Enforce Security under s.244(1) BIA (Form 86) dated August 20, 2024; amount accrues interest and uncollected professional/legal fees · page: 30 · as of: 2024-08-13 · amount: 10368979.1 · debtor: Great Northern Timber Incorporated · creditor: Canadian Imperial Bank of Commerce (CIBC) · currency: CAD · security: Security agreement dated February 16, 2007, as amended, over (a) accounts receivable, inventory and proceeds thereof and (b) equipment and proceeds thereof
- secured creditorsnote: Related-party guarantor (fellow NOI applicant/affiliate) of Great Northern Timber Incorporated's indebtedness to CIBC; same underlying debt as primary debtor entry · page: 33 · as of: 2024-08-13 · amount: 10368979.1 · debtor: Northern Fibre Terminal Incorporated · creditor: Canadian Imperial Bank of Commerce (CIBC) · currency: CAD · security: Guarantee dated February 23, 2010; Notice of Intention to Enforce Security (BIA s.244) stated as enclosed, permitting Bank to realize on this entity's listed assets - specific security instrument not included in provided pages
- secured creditorsnote: Related-party guarantor (fellow NOI applicant/affiliate) of Great Northern Timber Incorporated's indebtedness to CIBC; same underlying debt as primary debtor entry · page: 41 · as of: 2024-08-13 · amount: 10368979.1 · debtor: Great Northern Timber Int'l Limited · creditor: Canadian Imperial Bank of Commerce (CIBC) · currency: CAD · security: Guarantee dated October 25, 2013; Notice of Intention to Enforce Security (BIA s.244) stated as enclosed, permitting Bank to realize on this entity's listed assets - specific security instrument not included in provided pages
- secured creditorsnote: Related-party guarantor (fellow NOI applicant/affiliate) of Great Northern Timber Incorporated's indebtedness to CIBC; same underlying debt as primary debtor entry · page: 46 · as of: 2024-08-13 · amount: 10368979.1 · debtor: Great Northern Timber Global Limited · creditor: Canadian Imperial Bank of Commerce (CIBC) · currency: CAD · security: Guarantee dated February 23, 2010; Notice of Intention to Enforce Security (BIA s.244) stated as enclosed, permitting Bank to realize on this entity's listed assets - specific security instrument not included in provided pages
- secured creditorsnote: Related-party guarantor (fellow NOI applicant/affiliate) of Great Northern Timber Incorporated's indebtedness to CIBC; same underlying debt as primary debtor entry · page: 51 · as of: 2024-08-13 · amount: 10368979.1 · debtor: Great Northern Timber Resources Inc. · creditor: Canadian Imperial Bank of Commerce (CIBC) · currency: CAD · security: Guarantee (undated in provided page); Notice of Intention to Enforce Security (BIA s.244) stated as enclosed, permitting Bank to realize on this entity's listed assets - specific security instrument not included in provided pages