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Lynx Air - Status Updates
June 28, 2024 |
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On June 28, 2024, the Court granted an order, which extended the Stay Period until and including September 30, 2024.
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April 15, 2024 |
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On April 15, 2024, the Court granted an order, which extended the Stay Period until and including June 28, 2024.
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March 1, 2024 |
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On March 1, 2024, the Court granted an order, which extended the Stay Period until and including April 15, 2024.
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February 29, 2024 |
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On February 22, 2024, Lynx Air Holdings Corporation ("Lynx Holdco") and 1263343 Alberta Inc. dba Lynx Air ("Lynx Opco", together with Lynx Holdco, "Lynx Air" or the "Applicants"), sought and obtained an initial order (the "Initial Order") from the Court of the King's Bench of Alberta (the "Court") under the Companies' Creditors Arrangement Act R.S.C. 1985, c. C-36, as amended ("CCAA"). The Initial Order provides, among other things, a stay of proceedings which may be extended from time to time. Pursuant to the Initial Order FTI Consulting Canada Inc. was appointed monitor (the "Monitor") of the Applicants.
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