Corbeil Électrique Inc.

Corbeil Électrique Inc., in connection with the sale of substantially all of its business and assets to AM-CAM Électroménagers Inc.

Client

Corbeil Électrique Inc.

Value

-

Service

Mergers and Acquisitions

Date Closed

November 2017

Industry

Franchise

Lead Office

Montréal


On November 25th, 2017, Corbeil Électrique Inc. (“Corbeil”) completed the sale of substantially all of its business and assets on a going concern basis to AM-CAM Électroménagers Inc., a subsidiary of Distinctive Appliances Inc., in the context of Corbeil’s proceedings under the Companies' Creditors Arrangement Act. Corbeil is a leading retailer of appliances based in Montreal (QC) with a network of 31 corporate and franchise stores.

Osler, Hoskin & Harcourt LLP represented Corbeil Électrique Inc. with a team led by Niko Veilleux (Corporate) and Sandra Abitan (Insolvency and Restructuring) which included Guillaume Falardeau (Corporate), as well as Yan Besner, James Povitz (Real Estate) and Julien Morissette (Insolvency and Restructuring).


Team
Niko Veilleux
Key Contact

Niko Veilleux

Partner, Corporate

Sandra Abitan - Montréal Managing Partner

Sandra Abitan

Montréal Managing Partner

Yan Besner

Yan A. Besner

Partner, Real Estate

Julien  Morissette

Julien Morissette

Associate, Litigation and Insolvency & Restructuring