Quebec · CCAA
Reasons for Orders Made on August 31, 2026 (French only)
Order (other) · 31 August 2026
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 filing8 verified
- closing termsClosing must occur no later than September 11, 2026; the $1,100,000 deposit is applied to the Purchase Price and the balance is paid to the Monitor in trust for ResidualCo 1
- order date31 August 2026
- outside date11 September 2026
- presiding officerJustice Janet Michelin
- purchaser9547-8814 Québec inc.
- residualcoResidualCo 1 and ResidualCo 2
- sale outcometext: The sale process authorized in June 2025 yielded no acceptable offer; the Purchaser's offer is the only acceptable one received, and the Court approved the reverse vesting transaction with the Convention dated August 27, 2026. · scope: whole_business · status: approved
- sealed itemsThe Convention (share purchase agreement), to be kept confidential and sealed, with certain sections redacted rather than sealing the whole Convention, because it contains the purchase price and other sensitive commercial terms