INFORMATION UPDATE
April 19, 2012
The Aveos CCAA Process
Motion for Approval of a Divestiture Process
The IAMAW has received the Motion for Approval of a Divestiture Process dated April 18, 2012, from the Aveos Chief Restructuring Officer. This motion is a request for approval from the Court to sell the business of Aveos. It will be heard by the Court on April 20th.
Throughout the entire CCAA process, the IAMAW will be represented by the firms of Langlois Kronström Desjardins and Cavalluzzo Hayes.
The Motion for Approval, the Court Monitor’s Third Report and Exhibit R-1, which sets out the procedures contemplated by the petitioners, are included in the following pages.
Chuck Atkinson
President and Directing General Chairperson
District 140, IAMAW
