Ecolomondo Corporation has received an order from the Superior Court of Québec extending the stay of proceedings, which covers the company and its wholly owned subsidiaries under the Companies’ Creditors Arrangement Act (CCAA)
The previous stay was due to expire on 25 September 2026, while the new order extends the stay until 9 October 2026. According to Ecolomondo, the extension gives KPMG Inc., acting as Monitor in the CCAA proceedings, additional time to finalise a purchase agreement with a potential purchaser identified through the company’s sale and investment solicitation process (...
The previous stay was due to expire on 25 September 2026, while the new order extends the stay until 9 October 2026. According to Ecolomondo, the extension gives KPMG Inc., acting as Monitor in the CCAA proceedings, additional time to finalise a purchase agreement with a potential purchaser identified through the company’s sale and investment solicitation process (...
