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FTI Consulting - IMRIS
On May 25, 2015, IMRIS Inc., IMRIS, Inc and NeuroArm Surgical Ltd. (collectively "IMRIS" or the "Chapter 11 Debtors") filed voluntary petitions under Chapter 11 of Title 11 of the United States Code 11 U.S.C. 101-1532 (the "Chapter 11 Cases") in the United States Bankruptcy Court for the district of Delaware (the "US Bankruptcy Court"). Further information on the Chapter 11 Cases can be found on the following website "http://www.kccllc.net/IMRIS" On June 3, 2015, IMRIS, Inc. ("IMRIS US") as the foreign representative of the Chapter 11 Debtors made an application to the Court of the Queen's Bench Winnipeg Centre (Commercial List) (the "Canadian Court") for a stay of proceedings against the Chapter 11 Debtors pursuant to Part IV of the Companies' Creditors Arrangement Act ("CCAA"). A motion for further orders will be heard by the Canadian Court on June 3, 2015 for, among other things:
a) recognition of the Chapter 11 Cases as foreign main proceedings and IMRIS US as the foreign representative;
Copies of future Canadian Court orders and other material relating to these proceedings will be available on this website.
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