Manitoba · NOI

First Report of the Proposal Trustee

Court officer report · 14 June 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 filing9 verified

courtTHE QUEEN'S BENCH
court file noBK 16-01-04090
appointeePricewaterhouseCoopers Inc.
appointee roleProposal Trustee
commencement date10 June 2016
statutory basissubsection 50.4(1) of the Bankruptcy and Insolvency Act
operational summaryTopsyn continues to operate its packaging manufacturing business with about 25 employees while pursuing a sale process under a Letter of Intent, supported by proposed DIP financing to fund ongoing operations through September 2, 2016.
report date14 June 2016
report noFirst Report