Cantar Pool Products Limited/Produits de Piscines Cantar Limitée
CCAA Proceeding of Cantar Pool Products Limited/Produits de Piscines Cantar Limitée
On October 17, 2006, by Order of the Honourable Justice Cummings, an initial Order (the "Initial Order") under the CCAA was granted for Cantar Pool Products Limited/Produits de Piscines Cantar Limitée ("Cantar" or the "Company"). Pursuant to the Initial Order, A. Farber & Partners Inc. was appointed Monitor.
The effect of the Initial Order is that it provides a 30-day stay over all creditors, with amounts owing to creditors effective October 17, 2006 frozen. Cantar management, its advisors and the Monitor are working diligently toward formulating a CCAA Plan of Compromise or Arrangement (the "Plan"). This will ultimately be filed with the Court and sent to the Cantar creditors. The Company hopes to be in a position to file such a Plan in the near term.
On November 16, 2006, by Order of the Honourable Justice Campbell, the CCAA was extended from November 16, 2006 to January 18, 2007. Also on November 16, 2006, Justice Campbell approved a Claims Procedure and Meeting Order which governs the process for calling for claims and eligibility to vote on and approval of the Plan, and thereafter participation in a distribution. On November 23, 2006, a CCAA Plan (the "Plan") was filed.
A Sanction Hearing has been scheduled for January 18, 2007 at the Court for Court Approval of the Plan.
On January 18, 2007, the Plan was approved by the Court.
On January 30, 2007, all conditions precedent were completed and the Plan became effective. A copy of the Plan and the notice to creditors dated February 5, 2007 is attached below.
The purpose of this website is to provide documents to any interested party regarding the Cantar CCAA proceedings. The documents listed below are in pdf. format and can be viewed and/or downloaded.
CCAA Plan and Notice to Creditors
Court Orders
- Initial Order
- First Approval and Vesting Order
- Second Approval and Vesting Order
- Approval and Vesting Order
- Cantar Claims Procedure Order November 16 2006
- Cantar Stay Extension Order November 16 2006
- Court Sanction Order dated January 18, 2007 approving the CCAA Plan
- Amended Plan of Compromise or Arrangement dated November 23, 2006
Motions
- Motion Record
- Application Record
- Cantar Claims Motion Record November 16 2006
- Motion for Sanction Order returnable January 18, 2007
- Supplemental Motion Record re Sanction Hearing returnable January 18, 2007
Monitor Reports
