Focus on Insolvency: Bankruptcy Court Allows DIP Financing in a BIA Proposal

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Focus on Insolvency: Bankruptcy Court Allows DIP Financing in a BIA Proposal

Author(s):

LeGeyt, David, Mann, David

Date: November 28 2008

In Re Farmpure Seeds Inc. (2008 CarswellSask. 639) the Saskatchewan Court of Queen's Bench considered the proposal of a debtor which was conditional upon the Court approving DIP financing and a super priority charge.

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