WebJan 26, 2024 · The Acerus Group sought creditor protection under the CCAA in order to receive a stay of proceedings that will allow the Acerus Group to work with the Monitor to facilitate the development of an orderly process designed to maximize the value of the Acerus Group’s assets, for the benefit of its creditors and other … WebMar 9, 2024 · Following consultation with its legal and financial advisors, the Board of Directors determined that it was in the best interest of the Company and its Subsidiaries to obtain CCAA protection. The decision to commence CCAA proceedings was made after careful consideration of: (i) Dynamic’s cash position, forecasted …
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WebSep 30, 2024 · Pursuant to the Initial Order, the Corporation and its Canadian and U.S. wholly owned subsidiaries have obtained protection under the CCAA and Deloitte … WebMar 23, 2024 · March 23, 2024 08:01 AM Canada Drives granted creditor protection as it restructures, abandons online Canada Drives says its business model, based on a fully online purchasing and trade-in... linnea michaelson
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WebDec 1, 2024 · Once an application under the CCAA has commenced and the court has granted the debtor CCAA protection, the court will issue an order (Initial Order) prohibiting all creditors (both secured and unsecured) from taking any further steps to pursue any existing or future claims against the debtor and its directors and officers, without either the: WebJan 26, 2024 · The Acerus Group sought creditor protection under the CCAA in order to receive a stay of proceedings that will allow the Acerus Group to work with the Monitor to facilitate the development of an ... WebJan 15, 2024 · After careful consideration of all available alternatives following thorough consultation with legal and financial advisors, the board of Inscape Group determined that it is in the best interests of Inscape Group and all of its stakeholders to seek creditor protection under the CCAA. linnea levine westport ct