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Shaw-Almex Industries Limited - Court Orders
The following Court Orders have been granted in the proceedings:
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Counsel/Endorsement Slip |
May 30, 2025 |
The endorsement of the honorable Justice J. Dietrich issued May 30, 2025.
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Stay Extension Order |
May 30, 2025 |
This Order, providers certain relief, among other things:
a) extends the stay of proceedings up to and including July 18, 2025 (the "Extended Stay Period");
b) authorizes the Applicants to borrow up to a maximum principal amount of $2,626,500 under the amended DIP Facility; and
c) increases the quantum of the DIP Lender's Charge to the maximum amount of $2,626,500, plus fees and interest.
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Property Preservation Order |
May 30, 2025 |
This Order, providers certain relief and directs Timothy Shaw, his agents, representatives, and anyone else acting on his behalf deliver to the Monitor any and all Property (as defined in paragraph 5 of the Initial Order) in their possession and control.
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Counsel/Endorsement Slip |
May 13, 2025 |
The endorsement of the honorable Justice J. Dietrich issued May 13, 2025.
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Initial Order |
May 13, 2025 |
The Initial Order provides certain relief and declares that effective May 13, 2025, the NOI Proceeding is hereby taken up and continued under the CCAA.
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SISP Approval Order |
May 13, 2025 |
This Order provides certain relief that includes, inter alia, the approval of the Sale and Investment Solicitation Process (the "SISP").
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Discharge Order |
May 13, 2025 |
This Order, among other things:
(a) discharges FTI Consulting Canada Inc. ("FTI"), in its capacity as Proposal Trustee (the "Proposal Trustee");
(b) approves the activities of the Proposal Trustee as set out in the First Report of the Proposal Trustee (the "First Report"); and
(c) approves the fees and disbursements of the Proposal Trustee and its legal counsel, as described in the Pre-Filing/Second Report of FTI (the "Pre-Filing Report").
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Notice of Intention to Make a Proposal
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Stay Extension Order |
April 25, 2025 |
This Order provides certain relief that includes, among other things:
(a) extending the time to file a proposal pursuant to s. 50.4(9) of the BIA up to and including May 13, 2025;
(b) granting an Administration Charge; and
(c) approving the DIP Facility and granting a DIP Lender's Charge.
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Counsel/Endorsement Slip |
April 25, 2025 |
The endorsement of the honorable Justice J. Dietrich issued April 25, 2025.
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