On October 1, 2007 the Court of Queen's Bench of Saskatchewan granted an Order (the "Receivership Order") placing CIC Pulp Ltd. operating as Meadow Lake Pulp Limited Partnership and Meadow Lake Pulp Ltd. (collectively "MLPLP") into receivership. RSM Richter Inc. ("Richter") was appointed as Receiver and Manager (the "Receiver"). Richter was previously appointed monitor (the "Monitor") of MLPLP pursuant to an Order of this Honourable Court made on December 28, 2005 (the "CCAA Order") granting MLPLP protection under the Companies' Creditors Arrangement Act ("CCAA"). The Monitor was discharged on October 29, 2007.On January 11, 2007, the Court approved the sale of MLPLP's pulp mill (the "Mill") to Meadow Lake Mechanical Pulp Inc. ("MLMP"). The sale closed on January 23, 2007 in accordance with the purchase and sale agreement.On December 2, 2011 Richter merged with Ernst & Young Inc. ("EY"). By Order of this Honourable Court dated December 8, 2011, EY was substituted in place of Richter as Receiver of MLPLP.Robert Taylor, formerly of EY, transferred his practice to Deloitte Restructuring Inc. ("Deloitte") in August 2016. Pursuant to an Order of the Court of Queen's Bench of Regina, Deloitte was substituted in place of EY effective August 10, 2016.
The Receiver was discharged by the Court of the Queen's Bench of Alberta on March 27, 2018.
If you have questions or require further information, please contact Naomi McGregor at 403-503-1423 or naomcgregor@deloitte.ca
Last updated Feb 7, 2021
