AZZIMOV INC. successfully Restructures
Kugler Kandestin represents senior secured and DIP lender in successful restructuring under the CCAA and CBCA
AZZIMOV INC. is an innovative creator of marketplace and merchandising software focused on leveraging artificial intelligence through machine learning for application for e-commerce sites and e-marketplaces. It recently completed a successful debt and equity restructuring under the Companies’ Creditors Arrangement Act and the Canada Business Corporations Act. Kugler Kandestin represented Azzimov’s senior security and DIP lender, which developed and presented the Plan of Arrangement, Compromise and Reorganization, forming the basis of Azzimov’s restructuring.