AI
Wednesday, November 14, 2018 11:29:46 AM
First, it is worth noting that we agree this case is filed under CCAA. That's progress!
However, two corrections:
1. The location of creditors is completely irrelevant -- rather it is the location of the debtors main interests.
2. The motion for the CCAA below cites the following reasons, among others, that would be advantageous versus having the case filed under more restrictive circumstances:
The aggregate effect and justification for proceeding under CCAA is that it is for the ultimate benefit of all concerned stakeholders.
However, two corrections:
1. The location of creditors is completely irrelevant -- rather it is the location of the debtors main interests.
2. The motion for the CCAA below cites the following reasons, among others, that would be advantageous versus having the case filed under more restrictive circumstances:
The aggregate effect and justification for proceeding under CCAA is that it is for the ultimate benefit of all concerned stakeholders.
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