Toronto, November 17, 2006 — Greening Donald Co. Ltd. (“Greening Donald”) today received a stay Order from the Ontario Superior Court of Justice under the Companies’ Creditors Arrangement Act (“CCAA”). Deloitte & Touche Inc. (the “Monitor”) is the Court appointed monitor under the CCAA.
The Order provides for a Stay Period starting from the November 17, 2006 date of the Order, during which time all creditor claims (e.g. accounts payable) and any proceedings against the Company are frozen and suspended. During the Stay Period, creditors are restrained from asserting, enforcing or exercising any right, including the right of set-off, against the Company or its property.
It is the intention of Greening Donald to carry on business during the Stay Period and to honour all future obligations on a current basis.
Creditors are not required to file a proof of claim at this time.
A proof of claim will be mailed to each creditor with a copy of the plan once Greening Donald and the Monitor have finalized it.
A copy of the proof of claim form will be posted on this site when the plan has been provided to the creditors.
If you wish to be contacted directly, please provide us with the following information:
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We will try our best to respond to your enquiry within a 48-hour period during regular business hours. However, due to volume, this response time may be longer.
Media inquiries should be directed to Jeanne d’Arc Umurungi, Media Relations Manager, Deloitte, (416) 874-3518.
< href="http://www.deloitte.com/dtt/cda/doc/content/Initial%20CCAA%20Order(1).pdf">Initial Order - November 17, 2006
Court Order - December 7, 2006
Court Order - March 9, 2007
Stay Extension & CCAA Termination Order - April 5, 2007
Sale Approval & Vesting Order - April 5, 2007
Receivership Order - April 5, 2007
First Report of the Monitor - December 5, 2006
First Report of the Monitor - Appendix
Second Report of the Monitor - March 6, 2007
Second Report of the Monitor - Appendix
Third Report of the Monitor - March 30, 2007
Third Report of the Monitor - Appendix Part A - Part BCD - Part E - Part FG