Allied Research Holdings Inc., Allied Research International Inc., BA Research Co. (collectively “Cetero Canada”)

Information Officer

Page last updated: October 26, 2012

This page is for information purposes only and you should consult your professional adviser if you have any questions or are uncertain as to your rights or obligations.


On March 26, 2012, Contract Research Solutions, Inc., Specialty Research, Inc., Allied Research International U.S., LLC, Allied Research International India, LLC, CRS Management Inc., PRACS Institute, Ltd., CRS Real Estate Holdings, LLC, BARI Merger Sub, LLC, Gateway Medical Research, Inc., Diabetes and Glandular Disease Research Associates, Inc., Allied Research International, Inc., PRACS Dermatology, LLC, BA Research International Holdings, LLC, BARI Partners, GP, BARI Management, LLC, BA Research International LP, Bioassay Research Co. and Allied Research Holdings, Inc., Allied Research International Inc., BA Research Co. (the “Chapter 11 Debtors”) filed voluntary petitions under Chapter 11 of Title 11 of the United States Code 11 U.S.C. §§ 101-1532 in the United States Bankruptcy Court for the District of Delaware (the “US Bankruptcy Court”) (the “Chapter 11 Proceedings”). Further information on the Chapter 11 Proceedings can be found on the following website http://dm.epiq11.com/CRS.

On March 26, 2012, Contract Research Solutions, Inc. (“CRS”) (as the proposed foreign representative of the Chapter 11 Debtors (the “Foreign Representative”)) made an application to the Ontario Superior Court of Justice (Commercial List) (the “ Canadian Court”) for an interim stay of proceedings against the Chapter 11 Debtors pursuant to Part IV of the Companies’ Creditors Arrangement Act (“CCAA”).

On March 26, 2012, the Canadian Court granted an interim stay of proceedings against the Chapter 11 Debtors.

On March 29, 2012, CRS made a Supplementary Application to the Canadian Court for, among other things:

  • Recognition of the Chapter 11 Proceedings as foreign main proceedings and recognition of CRS as the Foreign Representative;
  • Extension of stay of proceedings and continuation of services to Chapter 11 Debtors;
  • Recognition of the Court orders granted in the Chapter 11 Proceedings (“First Day Orders”), giving them full force and effect in Canada;
  • The appointment of PricewaterhouseCoopers Inc., as Information Officer to the Canadian Court;
  • Granting a charge (the “Administration Charge”) in an amount of up to $320,000 on the assets of the Chapter 11 Debtors in Canada (Allied Research Holdings, Inc., Allied Research International Inc., BA Research Co.) for professional fees and disbursements of the Information Officer and its counsel; and
  • Granting a charge (the “DIP Lender’s Charge”) on the assets of BA Research Co. as security for the Cetero Groups’ DIP facility.

On March 30, 2012, the Canadian Court granted a Recognition Order declaring that, among other things:

  • CRS is a foreign representative pursuant to Section 45 of the CCAA; and
  • Recognizing the Chapter 11 Proceedings as the foreign main proceedings.

On the same day, the Canadian Court granted a Supplemental Recognition order;

  • Recognizing and enforcing the First Day Orders;
  • Extending the stay of proceedings;
  • Appointing PricewaterhouseCoopers Inc. as Information Officer;
  • Granting an Administration Charge against the assets of the Chapter 11 Debtors in Canada; and
  • Granting a DIP Lender’s charge on the assets of BA Research Co., one of the Chapter 11 Debtors in Canada.

Copies of future Canadian Court orders and other Court material relating to these proceedings will be available on this website.


Status as of October 26, 2012

On October 23, 2012, the Amended Joint Liquidating Chapter 11 Plan of Contract Research Solutions, Inc. became effective. In accordance with the Plan and Confirmation Order, the General Bar Date for filing proofs of Claim is December 7, 2012 at 4:00 p.m. A copy of the Notice of Effective Date of Plan and Notice of Bar Dates can be found in the Claims section of this website.

All claims must be filed with Epiq Bankruptcy Solutions, LLC at the address on the Notice.

Status as of September 14, 2012

On September 14, 2012, the Court issued an order, which among other things:

  1. recognized the U.S. Solicitation Procedures Order;
  2. recognized the U.S. Disclosure Statement and Confirmation Order;
  3. recognized and authorized the implementation of the Chapter 11 Plan;
  4. approved the actions and activities of the Information Officer; and
  5. discharged PwC as Information Officer effective as of the Effective Date (as defined in the Chapter 11 Plan) effective upon the filing of the Information Officer a Certificate of Discharge.

Status as of September 12, 2012

On September 11, 2012, the Applicants filed a motion for an order recognizing the US Solicitation Procedures Order and the US Disclosure Statement and Confirmation Order, as defined in the sixth report of the Information Officer dated September 12, 2012 (the “Sixth Report”). The motion will be heard on September 14, 2012. A copy of the Sixth Report can be found in the Information Officer Reports Section of this website.

On September 12, 2012, the Information Officer filed its Sixth Report to the Court to:

  1. provide an update on the sale of substantially all of the Chapter 11 Debtors’ assets;
  2. assist the Court in considering the Foreign Representative’s request for an Order recognizing the US Solicitation Procedures Order and the US Disclosure Statement and Confirmation Order;
  3. provide a summary of the Information Officer’s activities and an update on the Chapter 11 Debtors’ operational activities since the Information Officer’s Fifth Report to the Court; and
  4. provide the Court with information in respect of the accounts of the Information Officer and its legal counsel.

Status as of September 11, 2012

On September 6, 2012, the Chapter 11 Debtors filed an Amended Joint Liquidating Chapter 11 Plan and on September 11, 2012, the US Bankruptcy Court granted an order approving the Chapter 11 Debtors’ Disclosure Statement for the Joint Liquidating Chapter 11 Plan. A copy of the Amended Plan as well as the order approving the Amended Plan can be found on the following website http://dm.epiq11.com/CRS.

Status as of August 20, 2012

On August 10, 2012, the Foreign Representative filed a motion for an order recognizing, in Canada, the U.S. Solicitation Procedures Order & the U.S. Disclosure Statement and Confirmation Order. The motion will be heard on September 14, 2012.

Status as at July 16, 2012

On July 16, 2012, Contract Research Solutions filed the Chapter 11 Plan and the Disclosure Statement with the US Bankruptcy Court.

Status as at June 20, 2012

Pursuant to a order ("US Sale Order") issued by the US Bankruptcy Court on May 17, 2012 and recognized by the Canadian Court on May 25, 2012 ("Recognition Order (U.S. Sale Order)"), on June 20, 2012 Contract Research Services completed the sale of substantially all of its assets.

Status as of May 25, 2012

On May 25, 2012, the Court issued an Order (Recognition Order) as amended recognizing the U.S. Sale Order.

Status as of May 24, 2012

On May 23, 2012, the Applicants filed a motion for an order pursuant to Section 49 of the CCAA recognizing, in Canada, the U.S. Sale Order. The motion will be heard on May 25, 2012.

On May 23, 2012, the Information Officer filed its Fifth Report to:

  1. assist the Court in considering the Foreign Representative’s request for the Court to grant an Order recognizing the US Sale Order and the setting up of an escrow account to provide for payment of the Information Officer’s future fees post-closing;
  2. provide an update on the status of the Chapter 11 Proceedings; and
  3. provide a summary of the Information Officer’s activities since its Fourth Report.

Status as of May 15, 2012

On May 14, 2012, the Court issued orders recognizing the U.S. Final Orders and the Global Settlement Agreement Order.

Status as of May 11, 2012

On May 11, 2012, the Information Officer filed its fourth report to the Court, the purpose of which was to (i) assist the Court in considering the Foreign Representative’s request for the Court to grant a recognition order in respect of certain Final First Day Orders and the Global Settlement Approval Order; (ii) provide an update on the status of the Chapter 11 Proceedings, including the Sale Process; and (iii) provide a summary of the Information Officer’s activities since the third report. The Applicant’s motion will be heard on May 14, 2012.

Status as of May 8, 2012

The Applicants have filed a motion returnable May 14, 2012 for recognition of the U.S. Global Settlement Agreement Order.

Status as of May 2, 2012

The Applicants have filed a motion returnable May 14, 2012 for recognition of U.S. Final Orders:

  1.  U.S. Final Adequate Assurance Order (Amended);
  2.  U.S. Final Cash Management Order;
  3.  U.S. Final Prepetition Wages Order;
  4.  U.S. Final Rework Order; and
  5.  U.S. motion materials filed in connection with the U.S. Final DIP Financing Order.

Status as of April 20, 2012

On April 19, 2012, the Canadian Court issued an order in recognition of the U.S. Bidding Procedures Order and approving the First and Second Reports of the Proposed Information Officer and the Third Report of the Information Officer.


This Web site will be updated as information becomes available.

For more information, please contact: Sara de Verneuil, Telephone: +1 416 941 8383 ext. 14374, Fax: +1 416 814 3219, or via Email.