On February 25, 2010, Davie Yards Inc. filed a motion to the Superior Court of Quebec (Commercial Division) of the District of Montreal to obtain protection under the Companies’ Creditors Arrangement Act (CCAA). The order rendered the same day confirms the appointment of Samson Bélair/Deloitte & Touche Inc. as Monitor. On March 15, 2010, a motion has been granted to refer the file to the Superior Court of Quebec (Commercial Division) of the District of Quebec. On March 26, 2010, a motion has been granted prolonging the delay of the Debtor to eventually file a plan of arrangement and reorganization to its creditors until May 25, 2010. On May 25, 2010, a second motion has been granted prolonging the delay of the Debtor to eventually file a plan of arrangement and reorganization to its creditors until September 15, 2010. On September 15, 2010, a third motion has been granted prolonging the delay of the Debtor to eventually file a plan of arrangement and reorganization to its creditors until October 29, 2010. On October 29, 2010, a forth motion has been granted prolonging the delay of the Debtor to eventually file a plan of arrangement and reorganization to its creditors until January 21, 2011. On January 18, 2011, a fifth motion has been granted prolonging the delay of the Debtor to eventually file a plan of arrangement and reorganization to its creditors until February 18, 2011. On February 17, 2011, a sixth motion has been granted prolonging the delay of the Debtor to eventually file a plan of arrangement and reorganization to its creditors until March 10, 2011. On March 10, 2011, a seventh motion has been granted prolonging the delay of the Debtor to eventually file a plan of arrangement and reorganization to its creditors until April 1st, 2011. On March 31, 2011, an eight motion has been granted prolonging the delay of the Debtor to eventually file a plan of arrangement and reorganization to its creditors until May 19, 2011. On May 19, 2011, a ninth motion has been granted prolonging the delay of the Debtor to eventually file a plan of arrangement and reorganization to its creditors until July 7, 2011. On July 14, 2011, a tenth motion has been granted prolonging the delay of the Debtor to eventually file a plan of arrangement and reorganization to its creditors until July 22, 2011. On July 20, 2011, an eleventh motion has been granted prolonging the delay of the Debtor to eventually file a plan of arrangement and reorganization to its creditors until July 29, 2011. On July 29, 2011, a twelfth motion has been granted prolonging the delay of the Debtor to eventually file a plan of arrangement and reorganization to its creditors until August 5, 2011. On August 5, 2011, a thirteenth motion has been granted prolonging the delay of the Debtor to eventually file a plan of arrangement and reorganization to its creditors until August 18, 2011. On August 18, 2011, a fourteenth motion has been granted prolonging the delay of the Debtor to eventually file a plan of arrangement and reorganization to its creditors until August 25, 2011. On August 25, 2011, a fifteenth motion has been granted prolonging the delay of the Debtor to eventually file a plan of arrangement and reorganization to its creditors until October 31, 2011. On October 4th, a plan of arrangement and reorganization was filed. A meeting of creditors will be held on October 26, 2011, at 10am, at 1100 blvd Rene-Levesque East, in Quebec City.
Court Documents
- Motion for an Initial Order Pursuant to Section 11 and Following of the CCAA dated February 24, 2010
- Initial Order dated February 25, 2010
- Motion to Refer the File to the Superior Court of the District of Quebec dated March 10, 2010
- Order to Refer the File to the Superior Court of the District of Quebec dated March 15, 2010
- Motion in Extension of Delay and in Approval of Employment Contract dated March 24, 2010 (in French only)
- Order granting the extension of delay dated March 26, 2010 (in French only)
- Motion to Approve the Hiring of a Financial Advisor dated May 5, 2010 (in French only)
- Service List of the Motion to Approve the Hiring of a Financial Advisor dated May 5, 2010 (in French only)
- Order granting the Hiring of a Financial Advisor dated May 10, 2010 (in French only)
- Motion in Extension of Delay dated May 19, 2010 (in French only)
- Order granting the extension of delay dated May 25, 2010 (in French only)
- Motion to request the exemption to hold a shareholders meeting dated June 2, 2010 (in French only)
- Order granting the exemption to hold a shareholders meeting dated June 8, 2010 (in French only)
- Order granting the extension of delay dated September 15, 2010 (in French only)
- Motion to request an extension and the exemption to hold a shareholders meeting dated October 26, 2010 (in French only)
- Order granting an extension and the exemption to hold a shareholders meeting dated October 29, 2010 (in French only)
- Motion to request an extension and the exemption to hold a shareholders meeting dated January 13, 2011 (in French only)
- Order granting another extension of CCAA stay order dated January 18, 2011 (in French only)
- Motion in Extension of Delay dated February 15, 2011 (in French only)
- Order granting another extension of CCAA stay order dated February 17, 2011 (in French only)
- Motion in Extension of Delay and to request the exemption to hold a shareholders meeting dated March 9, 2011 (in French only)
- Order granting another extension of CCAA stay order dated March 10, 2011 (in French only)
- Motion to request Temporary Financing dated March 16, 2011 (in French only)
- Motion in Extension of Delay and to request an exclusivity agreement dated March 30, 2011 (in French only)
- Order Granting Another Extension of CCAA Stay Order and an Exclusivity Agreement dated March 31, 2011 (in French only)
- Motion to Request an Additional Temporary Financing dated April 7, 2011 (in French only)
- Order Granting an Additional Temporary Financing dated April 8, 2011 (in French only)
- Motion in Extension of Delay dated May 18, 2011 (in French only)
- Order Granting Another Extension of CCAA Stay Order dated May 19, 2011 (in French only)
- Motion to Request Additional Temporary Financing, the Extension of Exemption to Hold a Shareholders Meeting and in Extension of Delay dated June 15, 2011 (in French only)
- Order Granting Additional Temporary Financing, the Extension of Exemption to Hold a Shareholders Meeting and in Extension of Delay dated June 16, 2011 (in French only)
- Motion to Request Additional Extension of Delay dated July 13, 2011 (in French only)
- Order Granting Additional Extension of Delay dated July 14, 2011 (in French only)
- Motion for Authorization to Sell Substantially All of the Assets of the Debtor and for the Issuance of a Vesting Order and to Extend the Stay of Proceedings dated July 19, 2011 (in French only)
- Order Granting Authorization to Sell Substantially All of the Assets of the Debtor and for the Issuance of a Vesting Order and to Extend the Stay of Proceedings dated July 21, 2011 (in French and part in English)
- Order Granting Additional Extension of Delay dated July 29, 2011 (in French only)
- Order Granting Additional Extension of Delay dated August 5, 2011 (in French only)
- Motion to Request Additional Extension of Delay dated August 17, 2011 (in French only)
- Order Granting Additional Extension of Delay dated August 18, 2011 (in French only)
- Motion to Request Additional Extension of Delay dated August 24, 2011 (in French only)
- Order Granting Additional Extension of Delay dated August 25, 2011 (in French only)
- Motion for Approval of a Claims and Meeting Procedure dated August 30, 2011
- Order Granting the Motion for Approval of a Claims and Meeting Procedure dated September 2, 2011
- Amended Motion to Sanction the Plan of Compromise or Arrangement and for the Extension of the Stay Period dated October 28, 2011
- Order Granting Motion to Sanction the Plan of Compromise or Arrangement and for the Extension of the Stay Period dated November 3, 2011
- Order Dening Motion to Appeal of Ocean Hotels dated December 28, 2011
Reports and Statements
- First Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Proposed Monitor dated February 24, 2010
- Second Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Monitor dated March 24, 2010
- Third Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Monitor dated May 7, 2010
- Fourth Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Monitor dated May 20, 2010
- Fifth Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Monitor dated June 7, 2010
- Sixth Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Monitor dated June 23, 2010
- Seventh Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Monitor dated July 20, 2010
- Eight Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Monitor dated August 23, 2010
- Ninth Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Monitor dated September 10, 2010
- Tenth Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Monitor dated October 26, 2010
- Eleventh Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Monitor dated January 13, 2011
- Twelfth Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Monitor dated February 16, 2011 (Original French Version)
- Thirteenth Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Monitor dated March 9, 2011 (Original French Version)
- Fourteenth Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Monitor dated March 16, 2011 (Original French Version)
- Fifteenth Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Monitor dated March 30, 2011 (Original French Version)
- Sixteenth Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Monitor dated April 7, 2011 (Original French Version)
- Seventeenth Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Monitor dated May 18, 2011 (Original French Version)
- Eighteenth Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Monitor dated June 15, 2011 (Original French Version)
- Nineteenth Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Monitor dated July 14, 2011 (Original French Version)
- Twentieth Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Monitor dated July 20, 2011 (Original French Version)
- Twenty-first Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Monitor dated July 28, 2011 (Original French Version)
- Twenty-second Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Monitor dated August 4, 2011 (Original French Version)
- Twenty-third Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Monitor dated August 17, 2011 (Original French Version)
- Twenty-fourth Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Monitor dated August 24, 2011 (Original French Version)
- Twenty-fifth Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Monitor dated October 18, 2011 (Translated from French)
- Twenty-sixth Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Monitor dated October 28, 2011 (French original version)
Press Releases
- Davie Yards to Restructure Under the CCAA dated February 25, 2010
- Davie Yards Obtains an Extension of CCAA Stay Order and Announces Late Filing of Financial Results dated February 26, 2010
- Davie Yards Adjusts its Operations dated April 15, 2010
- Davie Yards Obtains a Second Extension of CCAA Stay Order dated May 21, 2010
- Davie Yards Welcomes the Creation of Dedicated Shipyards dated June 3, 2010
- Davie Yards Obtains a New Extension of CCAA Stay Order dated September 15, 2010
- Davie Yards Continues its Restructuring Process dated October 29, 2010
- Davie Yards Obtains a new Extension of CCAA Stay Order dated January 18, 2011
- Davie Yards Obtains a new Extension of CCAA Stay Order dated February 17, 2011
- Davie Yards Obtains a new Extension of CCAA Stay Order dated March 10, 2011
- Davie Yards Enters into an Exclusivity Agreement with Fincantieri and DRS Technologies Canada dated March 31, 2011
- Davie Yards Continues Negociations with Fincantieri and DRS Technologies Canada dated May 19, 2011
- Davie Yards Ends Discussions with Fincantieri dated July 14, 2011
Creditors' Information
Should you have any questions, please contact us at:
Samson/Bélair Deloitte & Touche Inc.
CCAA Monitor of Davie Yards Inc.
1 Place Ville Marie, Suite 3000
Montreal QC H3B 4T9
Pierre Laporte, CA, CIRP
Jean-François Nadon, CA, CIRP
Benoît Clouâtre, CA, CIRP
Éric Vincent, CGA, CIRP
Montreal: 514-393-5344
Canada and USA: 1-877-866-1422
France: 0800916760
Germany: 08001820221
Norway: 80016736
Singapore: 8001012484