Mr. Jeff Collins reports
SECURED CREDITORS APPLY FOR INTERIM RECEIVER
The Medipattern Corp. has failed to reach a
negotiated settlement with its secured creditors as earlier disclosed
in a press release of the company on March 13, 2013. The secured
creditors have filed an application for appointment of an interim
receiver pursuant to Section 47 of the Bankruptcy and Insolvency Act (Canada). The company expects that this application will be approved
today.
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