Ontario · Receivership (court-appointed)
Motion Record of the Receiver
Application / notice of application · 22 June 2024
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What we verified from this filing10 verified
- applicantNUANCE PHARMA LTD.
- courtSUPERIOR COURT OF JUSTICE COMMERCIAL LIST
- court file noCV-24-00719237-00CL
- provinceONTARIO
- statutory basissection 101 of the Courts of Justice Act
- appointeeFTI Consulting Canada Inc.
- appointee roleCourt-appointed Receiver
- commencement date22 April 2024
- financial positionnote: First Report of the Receiver states: 'The Receiver is not aware of any secured creditors who currently hold a security interest in the Property of Antibe' (para 30). Total known unsecured claims as at the Date of Appointment (April 22, 2024) were approximately $40.9 million, comprising the Nuance Arbitral Award claim of approximately $33.8 million (~82%) and other unsecured creditors of approximately $7.1 million (~18%), per Information provided to the Receiver. · page: 33 · currency: CAD
- secured creditors