On June 25, 2015, Co-Op Atlantic, Co-Op Energy Ltd., and C A Realty Ltd. (collectively, the "Companies") sought and obtained an Initial Order (the "Initial Order") under the Companies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended (the "CCAA").
The Court of Queen’s Bench of New Brunswick (the “Court”) granted the Company the protections afforded by a stay of proceedings while the Company pursues restructuring initiatives under the CCAA.
The Initial Order appointed KPMG Inc. as Monitor in the Company’s CCAA proceedings.
On October 1, 2015, the Court issued an order (the “Claims Procedure Order”) approving a claim procedure (the “Claims Procedure”). The Claims Procedure Order provides for a Claims Bar Date of November 15, 2015. For copies of all documents related to the Claims Procedure, please see below.