ENTREC Granted Extension of Stay Period in CCAA Proceedings
On May 15, 2020, ENTREC obtained an initial order (the Initial Order) from the Court commencing proceedings under the CCAA.
- On May 15, 2020, ENTREC obtained an initial order (the Initial Order) from the Court commencing proceedings under the CCAA.
- On May 25, 2020, ENTREC obtained an order that amended and restated the Initial Order of the Court to, among other things, extend the stay period provided by the Initial Order to August 7, 2020.
- On August 6, 2020, ENTREC obtained another order to, among other things, further extend the stay period provided by the Initial Order to September 11, 2020.
- As required by the CCAA, pursuant to the Initial Order, Alvarez & Marsal Canada Inc. (the Monitor) has been appointed as Monitor of the Company (including its subsidiaries) in its CCAA proceedings.