RE:RE:RE:RE:RE:RE:RE:RE:What happens if question...meetoo or anyone elseMeetoo and I disagree that a deal has already been struck. No deal has been agreed. The declaration of CBCA and the unexpected witholding of unsecured interest was strongarming and bringing the parties to the table - they are still negotiating and the longer it goes on - the less likely there will be a consensual agreement. You note they paid secured interest - because there is no leverage on the secured noteholders and the company will be forced into CCAA.
As for CMA liability - check out Mr Price's comments at the end of the Q3 conference call transcript. The transcript is available on seeking alpha - or the recording is still available via the concordia website. Its in the Q & A at the end. The share purchase agreement had limited reps and warranties from Cinven. There is no recourse to the previous owners under the terms of the contract. Concordia is on the hook for any CMA punishment.
Disclosure
Long secured notes.................... No equity position and recommend you do the same!