On August 1, 2023, Aereus Technologies Inc. filed a Notice of Intention to Make a Proposal (“NOI”) under Section 50.4 of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended (the “BIA”), and B. Riley Farber Inc. (“B. Riley Farber”) was appointed as proposal trustee in the Companies’ NOI proceedings (in such capacity, the “Proposal Trustee”).
Relevant documents can be found below.
Status Updates
On August 8, 2023, an Order (the “DIP Financing and Priority Charges Order“) was issued by the Superior Court of Justice (Commercial List) (the “Court“) approving, among other things, the extension of the time for filing a proposal with the Official Receiver, including the stay of proceedings, up to and including September 22, 2023.
A copy of the Order can be found below.
On September 21, 2023, an Order (the “Assignment, Approval and Vesting Order“) was issued by the Court approving, among other things, the extension of the time for filing a proposal with the Official Receiver, including the stay of proceedings, up to and including October 6, 2023.
A copy of the Assignment, Approval and Vesting Order can be found below.
Creditor Inquiries
For creditor inquiries, please contact:
Erin Merrick
Corporate Insolvency Administrator | Restructuring
T: 437.294.4618
E: [email protected]
The case updates and court filed documents on this website are for information purposes only and you should consult your financial or legal adviser if you have any questions or concerns about your rights or obligations. Additional updates on the status of these proceedings may become available in the future.
Documents
NOI/Proposal Documents
• Aereus Technologies Inc. – Certificate of Filing of a Notice of Intention to Make a Proposal
Motion Materials
• Motion Record (returnable August 8, 2023) – August 4, 2023
• Motion Record (returnable September 21, 2023) – September 14, 2023
Court Orders and Endorsements
• Order of Justice Cavanagh (Stalking Horse & SISP) – August 8, 2023
• Order of Justice Cavanagh (DIP Financing and Priority Charges) – August 8, 2023
• Endorsement of Justice Cavanagh – August 8, 2023
• Order of Justice Cavanagh (Assignment, Approval and Vesting Order) – September 21, 2023
• Endorsement of Justice Cavanagh – September 21, 2023
• Proposal Trustee’s Certificate – October 6, 2023
Court Reports
• First Report of the Proposal Trustee – August 4, 2023
• Second Report of the Proposal Trustee – September 14, 2023
Service List