Approval of Cross Border Dip Financing Facilities

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Approval of Cross Border Dip Financing Facilities

Author(s):

LeGeyt, David, Mann, David

Date: February 27 2009

In Re Intertan Canada Ltd. (2009), WL 181688 (Ont. S.C.J. [Commercial]), 2009 CarswellOnt 324 [Re Intertan], Morawetz J denied the approval of an amended DIP financing agreement under CCAA proceedings which was granted under the Chapter 11 proceedings in the United States.

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