On April 3, 2009, Indalex Limited and certain Canadian affiliates filed for protection under the Companies' Creditors Arrangement Act. (This followed the March 21, 2009 filing by Indalex Holdings Finance, Inc. and its four affiliated U.S. entities of voluntary petitions for Chapter 11 reorganization in the U.S. Bankruptcy Court for the District of Delaware.)
On July 20, 2009 the Ontario Superior Court and the Delaware Bankruptcy court jointly approved the sale of substantially all of the assets of the Canadian and U.S. Indalex entities to SAPA Holding AB.
Edmond Lamek of Fasken Martineau acts on behalf of the Canadian directors and officers of Indalex Limited in the CCAA proceedings.