Welcome to the Crystallex HUB on AGORACOM

Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Noteholders are out of the picture and the DIP is done.
The DIP funding example was really only meant as an example.

The judge carefully worded his assessment of what was going on.
It followed typical CCAA/Courts previous inactions - to not interfere with management's right to make business decisions.

CCAA deals with out of the norm all of the time. Every company is different.
Yet, CCAA always protects a company from having to liquidate.
Having a windfall later could be interpreted as bucks for all.
Or, in the eyes of CCAA, making a company liquid and viable.

Seems anything can happen.

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