Quebec · CCAA
Eighth Report of the Monitor
Court officer report · 7 October 2016
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
- closing confirmedscope: Bluberi's assets · outcome: completed · purchaser: BGT III Inc. · date basis: unstated · approval order date: 2016-06-23
- operational summaryThe report addresses a motion to approve a settlement with Cole, Bluberi's sole EGM cabinet supplier, to release 320 retained EGMs against payment of about US$985,762 of pre-filing debt. Bluberi currently has no new EGM inventory for sale and depends on Cole's continued supply.
- purchaserBGT III Inc.
- report date7 October 2016
- report noEighth Report of the Monitor
- sale outcometext: APA approval and vesting order issued in connection with the sale of Bluberi's assets pursuant to the SSP · scope: whole_business · status: approved