Not immediately clear what the accident will mean for
TORONTO, July 31, 2017 /CNW/ DragonWave Inc. (TSX: DRWI) (NASDAQ: DRWI) (the “Company” or “DragonWave”) reports that, on the application of Comerica Bank as Agent for DragonWave’s senior lenders, the Ontario Superior Court of Justice (Commercial List) (the “Court”) has appointed KSV Kofman Inc. As receiver and receiver and manager (“Receiver”) over all of the property, assets and undertakings of DragonWave pursuant to section 243(1) of the Bankruptcy and Insolvency Act and section 101(1) of the Courts of Justice Act..
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