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Iovate Health Sciences International Inc., Iovate Health Sciences U.S.A. Inc., and Northern Innovations Holding Corp. commenced restructuring proceedings by filing a Notice of Intention to make a proposal (“NOI”) pursuant to the Bankruptcy and Insolvency Act (“BIA”). KSV Restructuring Inc. has been appointed as the licensed insolvency trustee under the NOI.
Davies acted for Orgain, LLC, a subsidiary of Nestlé, in the Canadian and U.S. insolvency proceedings.
Parties
Company
Iovate Health Sciences International Inc.
Company
Orgain, LLC
Deal Type
OtherIndustry
HealthcareTransaction
Undisclosed/ConfidentialDeal Status
ActiveClosing Date