Ontario · CCAA
CCAA Initial Order dated May 15, 2025
Initial order · 15 May 2025
Also filed as: CCAA Initial Order dated May 15, 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 filing15 verified · 2 withheld
- commencement date15 May 2025
- courtSUPERIOR COURT OF JUSTICE
- court file noCV-25-00743383-00CL
- debtor namesHAKIM OPTICAL LABORATORY LIMITED; LAWRENCE OPHTHALMIC LAB INC.; HAKIM OPTICAL WORLDWIDE LENSES INC.
- monitorKSV Restructuring Inc.
- order date15 May 2025
- proceeding typeccaa
- provinceONTARIO
- statutory basisCOMPANIES' CREDITORS ARRANGEMENT ACT, R.S.C. 1985, c. C-36, AS AMENDED
- stay expiry30 June 2025
- dip amount2800000.00
- chargesAdministration Charge (250000); DIP Lender's Charge (2800000)
- counselBennett Jones LLP
- presiding officerJustice Kimmel
- presiding officerJustice Kimmel
2 extracted values are withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.