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Re: CSCS post# 68303

Tuesday, 04/16/2019 2:07:25 PM

Tuesday, April 16, 2019 2:07:25 PM

Post# of 148025
Continuing to ignore the results of the CCAA won't make them go away.

They tried to re-organize, restructure, refinance, sell the company under the SISP, and it failed. They didn't get a single bid to do any of that. So it moved into liquidation of the assets, and that was completed in October.

All of that is very clearly documented in the monitor's reports and the court motions and orders. There's nothing left. The company has been "restructured" into an empty shell with massive debt that it cannot pay since the operating assets were liquidated.

Sing "CCAA" all day, the results of the CCAA are clear. There's nothing left to reorganize after the liquidation.
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