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CCM Master Qualified Fund Acquires blutip Power Technologies Assets

CCM Master Qualified Fund Ltd., the sole secured creditor, through 663447 N.B. Inc., has acquired the assets of blutip Power Technologies Ltd. (formerly TSX-V: BPR) On May 3, 2012, the business and substantially... 

May 3, 2012

Azure Dynamics to File for CCAA Protection

Azure Dynamics Corporation (TSX: AZD; OTC: AZDDD) said its board of directors has authorized seeking CCAA protection in Canada and petition inder Chapter 15 of title 11 of the United States Bankruptcy... 

March 26, 2012

Air Canada Extends $15 Million DIP Financing to Aveos

Air Canada (TSX: AC.A) said it has extended to Aveos Fleet Performance Inc., through its Court appointed Monitor, FTI Consulting Canada, a $15 million Debtor-in-Possession (DIP) financing. The DIP financing... 

March 19, 2012

CellFor Files for CCAA Protection

CellFor Inc. and its US affiliate CellFor Corp. have obtained a Court Order from the Supreme Court of British Columbia on December 15, 2011 pursuant to the Companies’ Creditors Arrangement Act (CCAA).... 

December 27, 2011

ARISE Germany Files for Voluntary Insolvency

ARISE Technologies Corporation (TSX: APV; Frankfurt: A3T) disclosed today it has voluntarily placed its wholly owned German subsidiary, ARISE Technologies Deutschland GmbH, into structured insolvency.... 

October 11, 2011

Healthscreen Announces Receiver

Healthscreen Solutions Inc. (TSX-V: MDU) announced that as of this morning the court has appointed a receiver to manage the transition and transfer of Healthscreen’s assets. On August 19, 2011, 2293035... 

September 2, 2011

CIT Safety & Health Research Company to Acquire Assets of LAB Research

Applied Biology Company, through CIT Safety & Health Research Company, has entered into asset purchase agreement with Samson Belair/Deloitte & Touche, the court appointed receiver, to acquire substantially... 

April 12, 2011

WellPoint Systems and Eclipse Computing (Australia) Complete Assets Sale Agreement

WellPoint Systems Inc. (TSX-V: WPS) announced today that Ernst & Young Inc., the court appointed receiver and manager of WellPoint, has completed an asset sale and purchase agreement with Eclipse Computing... 

March 11, 2011

Angiotech Pharmaceuticals Secures DIP Financing from Wells Fargo

Angiotech Pharmaceuticals, Inc. (TSX: ANP; NASDAQ: ANPI) has entered into a definitive agreement with Wells Fargo Capital Finance LLC in respect of the previously announced debtor-in-possession (DIP) credit... 

February 11, 2011

Quorum Oil and Gas Technology Fund Appoints Receiver of WellPoint Systems

WellPoint Systems Inc. (TSX-V: WPS) today announced that Quorum Oil and Gas Technology Fund Limited (LSE: OGT) obtained a court order (Alberta Order) on January 31, 2011 appointing Ernst & Young Inc.... 

February 1, 2011

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