We build the fastest, most acclaimed legal information products with over twenty years of experience managing and publishing legal information, lexum provides online solutions to producers and users of document collections from all industries. Manufacturers and suppliers of indalex from around the world panjiva uses over 30 international data sources to help you find qualified vendors of indalex. Indalex limited indalex holdings (bc) ltd 6326765 canada inc and novar inc pre-filing report to the court submitted by fti consulting canada ulc in its capacity as proposed monitor introduction 1. Indalex ltd was also the sponsor and administrator of two employee pension plans: a salaried plan and an executive plan during the course of the restructuring both the salaried and executive plans were being wound up and both ended up with deficiencies.
The case emerges from bankruptcy protection hearings that led to the restructuring and sale of the canadian operations of indalex ltd, an aluminum manufacturer that employs about 750 people. Indalex limited - free company check: financial information, company documents, company directors and board members, contact details, registered office, contacts, map. Indalex limited (indalex) obtained creditor protection under the companies’ creditors arrangement act (ccaa) on april 3, 2009 a few days later, on april 8, 2009, the ccaa court authorized indalex to obtain dip financing, providing indalex with loans to allow it to continue to operate its business during the restructuring period. 24 october 18 everything you need to know about indalex aluminum solutions in girard imagine years of enjoyment from quality that stands the test of time and get assistance from indalex aluminum solutions with great expertise, a positive attitude and superior attention to detail in girard alpha aircraft charter ltd 330-545-8359 po box 429.
Indalex limited - free company information from companies house including registered office address, filing history, accounts, annual return, officers, charges, business activity. Learn about working at indalex aluminum solutions join linkedin today for free see who you know at indalex aluminum solutions, leverage your professional network, and get hired. Indalex ltd case solution,indalex ltd case analysis, indalex ltd case study solution, q2) how would you persuade divisional management to accept your proposal since indalex is a profit making company, but it still needs to maintain its mar.
Hayes, robert h indalex ltd. Citation: garvin, david a, and norman klein indalex ltd, teaching note harvard business school teaching note 691-034, january 1991. The ontario court of appeal’s decision in re indalex limited (indalex) in april has raised a number of questions about the strength of secured creditors’ interests, and the scope of an employer’s duty as administrator of a pension plan under the companies’ creditors arrangement act (ccaa) this article focuses on the decision’s pension law implications for employers. Learn about working at indalex limited join linkedin today for free see who you know at indalex limited, leverage your professional network, and get hired. Indalex case study competitive priorities indalex ltd’s prime focus was providing high quality of aluminium surface-finished products to offer a definite 7 day service great customer service and high quality products background june 1961, indalex was established in uk under pillar holding group 1962 indalex broke even and it has been running profitable since then september 1964, indalex.
Since incorporation in 1951 under the name dominion aluminum fabricating ltd, the company has developed its engineering design and manufacturing capabilities and today is heavily involved in systems integration and testing. Indalex inc and indalex ltd sun, or its affiliates, came to control these acquired operating companies trustee alleges that the defendants exercised this control to extract money from these entities, in the form of transaction fees, management fees, and improperly declared dividends in addition, trustee alleges that. Indexed as: indalex ltd et al, re supreme court of canada mclachlin, cjc, lebel, deschamps, abella, rothstein, cromwell and moldaver, jj february 1, 2013 summary: indalex limited was the sponsor and administrator of two pension plans (the executive plan and the salaried plan) members of the salaried plan included seven employees for whom. Indalex us, a part of indalex group, took over the management of indalex, whose assets were limited to the sale proceeds held by the monitor a unanimous shareholder declaration was executed on august 12, 2009 in it, mr keith cooper was appointed to manage indalex’s affairs.
The ontario court of appeal’s decision in re indalex limited – enhanced pension deemed trusts, enhanced priority and breach of fiduciary duty in liquidating ccaas. Indalex ltd et al, re 2013 scc 6 master and servant - remuneration - pension or retirement benefits - deemed trust on windup indalex limited was the sponsor and administrator of two pension plans (the executive plan and the salaried plan. The supreme court of canada’s decision in the case of re indalex ltd  scc 6 (the “decision”) does not, as one national newspaper put it, place “creditors before pensioners” the decision which overturned the ontario court of appeal’s decision in re indalex ltd. Indalex limited (indalex) obtained protection from creditors under the companies' creditors arrangements act (ccaa) at the time, indalex provided two pension plans, the executive plan and the salaried plan, and was the sponsor and administrator of both.
Indalex ltd produces soft alloy aluminum extrusion products its products are used in industrial, commercial, and residential applications the company is based in lincolnshire, illinois indalex. Company profile, information and contact info for indalex limited - 325, rue avro, pointe-claire, qc from profile canada, canada's most trusted business database for lists and data. Sun indalex finance, llc v united steelworkers 2013 scc 6, arising from the ontario courts as re indalex limited, is a decision of the supreme court of canada that deals with the question of priorities of claims in proceedings under the companies' creditors arrangement act, and how they intersect with the fiduciary duties employers have as. Indalex aluminum solutions group is the largest independent producer of soft alloy aluminum products in north america see also: masterformat 2004.