Aereus Technologies Inc.

On August 1, 2023, Aereus Technologies Inc. filed a Notice of Intention to Make a Proposal (“NOI”) under Section 50.4 of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended (the “BIA”), and GlassRatner Inc. (“B. Riley Farber”) was appointed as proposal trustee in the Companies’ NOI proceedings (in such capacity, the “Proposal Trustee”).

Relevant documents can be found below.

Status Updates

On August 8, 2023, an Order (the “DIP Financing and Priority Charges Order“) was issued by the Superior Court of Justice (Commercial List) (the “Court“) approving, among other things, the extension of the time for filing a proposal with the Official Receiver, including the stay of proceedings, up to and including September 22, 2023.

A copy of the Order can be found below.

On September 21, 2023, an Order (the “Assignment, Approval and Vesting Order“) was issued by the Court approving, among other things, the extension of the time for filing a proposal with the Official Receiver, including the stay of proceedings, up to and including October 6, 2023.

A copy of the Assignment, Approval and Vesting Order can be found below.

Creditor Inquiries

For creditor inquiries, please contact:

Sara Corcoran
Corporate Insolvency Administrator | Restructuring
T: 437.294.4650
E: scorcoran@glassratner.com

The case updates and court filed documents on this website are for information purposes only and you should consult your financial or legal adviser if you have any questions or concerns about your rights or obligations. Additional updates on the status of these proceedings may become available in the future.