KfW IPEX-Bank GmbH acts as syndicate lead in Nevada Copper et al.'s CCAA proceedings
Date Announced
June 21, 2024
Lead Office
Toronto
Value
493.10 Million USD
On June 21, 2024, Nevada Copper et al., a group of copper mining companies based in Reno, Nevada, had their US Chapter 11 proceedings recognized under Part IV of the CCAA. The companies collectively list liabilities totalling $493.1 million, including secured liabilities of $279.2 million, $188 million of which is owned to KfW IPEX-Bank GmbH.
KfW IPEX-Bank GmbH is a German commercial bank that specializes in development financing.
McCarthy Tétrault advised KfW IPEX-Bank GmbH with a team led by Christopher Langdon (Business), that included Lance Williams and Ashley Bowron (Bankruptcy and Restructuring).