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Goodmans Deals & Cases

This section contains brief summaries of selected significant cases and transactions.  You'll also find representative lists  - by year - of major transactions and cases where Goodmans' involvement is a matter of public record or where inclusion in the list has been authorized by our clients.

Nelson Education Ltd. Completes Restructuring Transaction

2015

Areas Banking and Finance Law, Corporate and Commercial, Corporate Restructuring, Entertainment, Litigation, Tax

Summary

Goodmans represented Nelson Education Ltd. in connection with the completion of a sale of substantially all of its assets to 682534 N.B., now operating as Nelson Education Ltd., in exchange for the compromise and release of approximately US$270 million of first lien secured debt obligations.  The completion of the transaction was pursuant to a sale transaction approved pursuant to the Companies' Creditors Arrangement Act following a comprehensive sale and investment solicitation process.  The transaction resulted in the continuation of the Nelson business without disruption to the employment of Nelson's employees and the assumption of substantially all trade payable, contractual obligations and employment obligations.