Ontario · Foreign recognition (CCAA)

Fifth Report of the Information Officer (KPMG)

Court officer report · 28 April 2022

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 filing3 verified

operational summaryThe Debtors, having sold substantially all assets to Magris in 2021, are focused on resolving post-closing disputes with Magris via a settlement and continuing insurance-related mediation, while proceeding toward confirmation of a Chapter 11 plan channeling talc injury claims to a trust.
report date28 April 2022
report noFifth Report