Ontario · Proposal

Report to Court seeking approval of Drexler Proposal dated October 26, 2021 – Part 1 or 2

Court officer report · 26 October 2021

What we verified from this filing3 verified

operational summaryThe debtor, a southwestern Ontario excavation/sewer/water/concrete construction contractor, restructured under an NOI and proposal after defaulting on its RBC facility, obtained increased DIP and long-term CEFL financing, and the amended proposal is intended to let it continue operations and retain employees while paying unsecured creditors in full.
report date26 October 2021
report noReport of Trustee on Proposal