Quebec · CCAA
Eighth Report to the Court Submitted by Deloitte Restructuring Inc. in its Capacity as Monitor dated March 24, 2023
Court officer report · 24 March 2023
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 filing4 verified
- closing confirmedscope: the sale of substantially all assets of TIT · outcome: completed · effective: 2023-03-20 · purchaser: FAD Pennsylvania Inc. · date basis: stated · approval order date: 2023-03-16; scope: the sale of substantially all assets of XBC · outcome: completed · effective: 2023-03-23 · purchaser: Total Energy Systems, LLC · date basis: stated · approval order date: 2023-03-16
- purchaserFAD Pennsylvania Inc.; EnergyLink US Inc.; Total Energy Systems, LLC
- sale advisorSISP Manager
- sale outcometext: Since the Seventh Report, two additional transactions have closed and a third is expected to close imminently · scope: whole_business · status: liquidation_in_progress