Quebec · CCAA
2025-03-10 Troisième OIAR (en anglais seulement)
Amended and restated initial order · 10 March 2025
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
- secured creditorsnote: Unaffected creditor, claims and rights not compromised by the Plan or these proceedings · page: 5 · debtor: Gestion Privamed Inc. and other Applicants · creditor: National Bank of Canada (NBC) · currency: CAD · security: Credit agreement security; also acting as Interim Lender (DIP)
- secured creditorsnote: Unaffected creditor with respect to Gestion Privamed Inc. only, claims not compromised · page: 5 · debtor: Gestion Privamed Inc. only · creditor: Business Development Bank of Canada (BDC) · currency: CAD · security: Credit agreement security
- secured creditorsnote: DIP facility limit not exceeding $6,500,000 outstanding at any time; DIP Charge secures principal, interest and expenses up to $7,800,000; ranks fourth in CCAA Charges priority; unaffected creditor · page: 10 · debtor: Applicants · creditor: National Bank of Canada (NBC) - Interim Lender · currency: CAD · security: DIP Charge on all Property, aggregate amount $7,800,000
- secured creditorsnote: Security for indemnity obligations; personal guarantors/indemnitees are Directors and Officers as a class; ranks sixth in CCAA Charges priority · page: 12 · debtor: Applicants · creditor: Directors and Officers (D&O) · currency: CAD · security: D&O Charge on Property, aggregate amount $1,600,000
- secured creditorsnote: Ranks second in CCAA Charges priority (only with respect to Medicentres' Property) · page: 12 · debtor: Medicentres Canada Inc. and Elna Acquisitions Inc. · creditor: Medicentres doctors and individual healthcare providers (MRP beneficiaries) · currency: CAD · security: MRP Charge on Medicentres' Property, aggregate amount $3,000,000
- secured creditorsnote: Ranks third in CCAA Charges priority (only with respect to Medicentres' Property) · page: 13 · debtor: Medicentres Canada Inc. and Elna Acquisitions Inc. · creditor: Medicentres KERP designated employees · currency: CAD · security: Medicentres KERP Charge on Property, aggregate amount $250,000
- secured creditorsnote: Ranks fifth in CCAA Charges priority · page: 13 · debtor: Applicants · creditor: ELNA KERP designated employees · currency: CAD · security: ELNA KERP Charge on Property, aggregate amount $250,000
- secured creditorsnote: Ranks first in CCAA Charges priority; secures professional fees and disbursements before and after the Order · page: 19 · debtor: Applicants · creditor: Raymond Chabot Grant Thornton & Co LLP (Monitor), Monitor's legal counsel, CFO, and Applicants' legal counsel · currency: CAD · security: Administration Charge on Property, aggregate amount $1,000,000
- presiding officerJustice Martin F. Sheehan