Page last updated: May 9, 2019
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 January 8, 2019, 1939243 Ontario Inc. (formerly known as Vari-Form Inc.) (the “Applicant”) applied for and received an order (the “Initial Order”) for protection pursuant to the Companies’ Creditors Arrangement Act (“CCAA”), R.S.C.1985, c.C-36 from the Ontario Superior Court of Justice Commercial List (the “Court”), and PricewaterhouseCoopers Inc., LIT, was appointed as monitor of the Applicant (the “Monitor”). A copy of the Initial Order can be found under the orders tab on this website.
The Initial Order, also, among other things:
A notice will be sent to all known creditors of the Applicant who are owed more than $1,000 in accordance with section 23 (1) (ii)(b) of the CCAA and the Initial Order. A copy of the notice will be posted on this website under the Notices tab.
On April 11, 2019, the Monitor filed the Discharge Certificate with the Court terminating the CCAA Proceedings, pursuant to Paragraph 7 of the CCAA Termination Order.
Monitor’s Certificate was signed to confirm that the sale transaction pursuant to the asset purchase agreement dated January 8, 2019 between 1939243 Ontario Inc. and 11032569 Canada Inc. has closed.
On January 28, 2019, the Court issued an order extending the Stay Period to April 5, 2019.
On January 23, 2019, the Monitor filed its First Report (the “First Report”) with the Court to provide the Court with information regarding:
The motion will be heard on January 28, 2019.