CCAA Extension up to March 4thJE received a 2nd extension ending on Friday March 4th. Having an extension, is not a bad news however ending on a Friday.... YES or NO. Hopefully they will release the financial report of Q3 before February 28th. GLTA Gaillard
Just Energy receives stay period extension under CCAA
2022-02-09 17:22 ET - News Release
Mr. Michael Cummings reports
JUST ENERGY OBTAINS EXTENSION OF STAY PERIOD ORDER UNDER CCAA
The Ontario Superior Court of Justice (Commercial List) has approved the extension of the stay period for Just Energy Group Inc. under the Companies' Creditors Arrangement Act (Canada) (CCAA) to March 4, 2022.
The stay extension allows the company to continue to operate in the ordinary course of business while pursuing a restructuring plan with its key stakeholders.
As previously reported, FTI Consulting Canada Inc. (the monitor) is overseeing the company's CCAA proceedings as the court-appointed monitor. Further information regarding the CCAA proceedings is available at the monitor's website. Information regarding the CCAA proceedings can also be obtained by calling the monitor's hotline at 416-649-8127 or 1-844-669-6340 or by e-mail at justenergy@fticonsulting.com.