Cable / Telecom News

Super Channel given another four months by the court

EDMONTON – CCAA-protected pay TV provider Super Channel last month had its protection order extended until February 28th, 2018. The court also recently dismissed claims from unsecured creditors HSBC and Shaftsbury Films against secured creditors Rosedale Meadows Development Inc. and Peter Allard.The Allard-family owned company (its legal entities are called Allarco Entertainment 2008 Inc. and Allarco Entertainment Limited Partnership) entered bankruptcy protection in May 2016, then owing $115.7 million to a number of creditors. It has been granted several extensions on its protection from creditors under the Companies' Creditors Arrangement Act (CCAA) since.According to numerous industry sources, the company has...