Marathon Pulp Inc. (“Marathon”)
Page last updated: October 25, 2009
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.
Status of the file as at April 13, 2009
- On April 13, 2009, in accordance with the provisions of the BIA, the Receiver's notice and statement was issued.
[April 3, 2009]
On April 3, 2009, on the application by National Bank of Canada, as administrative agent and collateral agent (together, the "Agent") for the Bank, Laurentian Bank of Canada and Comerica Bank, Canada Branch (together, the "Lenders") an order was granted by the Ontario Superior Court of Justice Commercial List (the "Court"), pursuant to section 47 (1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c, B-3, as amended (the "BIA") and section 101 of the Courts of Justice Act, R.S.O. 1990 c, C.43, as amended (the "CJA"), that, among other things appointed PricewaterhouseCoopers Inc. as interim receiver and receiver (the "Receiver"), without security, of all of the assets, undertakings and properties of Marathon Pulp Inc. ("Marathon");
In accordance with the provisions of the BIA, the Receiver's notice and statement will be issued shortly.
This Web site will be updated as information becomes available.
For more information, please contact: Mona Law, Telephone: +1 416 941 8383, Ext. 14294, Fax: +1 416 814 3219.
||Order, dated April 3, 2009, appointing PwC as receiver. ("Appointment Order")
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