Nova Scotia · CCAA
First Report of Trustee and Preliminary Report of the Proposed Monitor – October 23, 2018.pdf
Court officer report · 23 October 2018
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 filing10 verified
- courtSUPREME COURT OF NOVA SCOTIA IN BANKRUPTCY
- court file no24615
- statutory basisSection 50.4(7)(b)(ii) and 50.4(9) of the Bankruptcy and Insolvency Act
- appointeeGrant Thornton Limited
- appointee roletrustee
- commencement date24 September 2018
- applicantOpenHydro Technology Canada Ltd.
- operational summaryOpenHydro has ceased operations at the FORCE demonstration site following the insolvency of its parent OHT, has no revenue sources, and intends an orderly wind-down including turbine retrieval, environmental compliance, and a sale process for its marine vessel, the Scotia Tide.
- report date23 October 2018
- report noFirst Report of Trustee / Preliminary Report of the Proposed Monitor