GREY:EORBF - Post by User
Post by
dalesio_98on Oct 30, 2019 10:41am
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Post# 30286356
Stay of proceedings deadline
Stay of proceedings deadlineStatus of file as of October 29, 2019 On October 28, 2019, following the filing of a Motion by the Company, the Superior Court of Quebec issued a Sixth Amended and Restated Initial Order providing for: Extension of the stay of proceedings against Orbite Technologies Inc. until November 26, 2019; Granting of increasing powers to the Monitor. We refer you to the Sixth Amended and Restated Initial Order dated October 28, 2019 for more details. On the same date, the Superior Court also issued an order: Authorizing the payment of the Amended KERP. We refer you to the Order dated October 28, 2019 for more details.
https://www.pwc.com/ca/en/services/insolvency-assignments/orbitetechnologies.html