Overview
On December 9, 2024, Iplayco Corporation Ltd., Iplayco Canada Inc., and International Play Company Inc. (the “Companies”) filed a Notice of Intention to Make a Proposal (“NOI”) pursuant to subsection 50.4(1) of the Bankruptcy and Insolvency Act R.S.C., 1985, c. B-3 (“BIA”) and Crowe MacKay & Company consented to act as Licensed Insolvency Trustee under the Proposal.
Pursuant to subsection 50.4(8) of the BIA, the initial stay period under the NOI proceeding is from December 9, 2024 to January 8, 2025, unless the period is extended by the Court upon application by the Companies. During this period, the Trustee will monitor the business of the Companies and assist the Companies in preparing its Proposal.
On December 30, 2024, the Company made an application to Court for an order to, among other things, extend the time to file a proposal to February 21, 2025. The above matter is scheduled to be heard in the Vancouver district on Tuesday, January 7, 2025. Copies of the pleadings are included below.
On January 7, 2025, the Court issued an Order extending the time to file a proposal to February 21, 2025.
Creditor’s Information
Certificate of Filing – Iplayco Corporation Ltd.
Certificate of Filing – Iplayco Canada Inc.
Certificate of Filing – International Play Company Inc.
Creditors’ Package – Notice of Intention to Make a Proposal – Iplayco Corporation Ltd.
Creditors’ Package – Notice of Intention to Make a Proposal – Iplayco Canada Inc.
Creditors’ Package – Notice of Intention to Make a Proposal – International Play Company Inc.
Legal Documents
Notice of Application re: Extension
Notice of Application re: Extension