RE: Collapsing Canadian Entities? PRIVILEGED AND CONFIDENTIAL
- From
- Geraldine Nath <geraldine.nath@thekey.com>
- To
- Tammi Franzese <tammi.franzese@thekey.com>, Nina Kani <nkani@thekey.com>
- CC
- Nina Kani <nkani@homecareassistance.com>, Michael Jichetti <michael.jichetti@thekey.com>, Natalie Cahoone <natalie.cahoone@thekey.com>, Timothy Thomas <tt@thekey.com>, Steve Koyanagi <skoyanagi@thekey.com>, Geraldine Nath <geraldine.nath@thekey.com>
- Date
- Tue, 26 Nov 2024 12:37:56 -0600
- Folder
- INBOX
--000000000000ebf1340627d525bc Content-Type: multipart/alternative; boundary="000000000000ebf1320627d525bb" --000000000000ebf1320627d525bb Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Tammi: A meeting early next week to plan will be great. *I=E2=80=99ll be on point= to work with all the finance teams to assess the impacts*. To your questions: - None of the operating entities have commercial financing or other loans. That said they do have amounts owed internally to/from each othe= r as well as U.S. TheKey entities. We can handle collapsing this from an accounting perspective. Not sure if the attorney needs to know more, le= t me know. *gerri nath* Chief Accounting Officer, TheKey Mobile: 561-879-0132 *From:* Tammi Franzese *Sent:* Tuesday, November 26, 2024 11:27 AM *To:* Geraldine Nath ; Nina Kani *Cc:* Nina Kani ; Michael Jichetti ; Natalie Cahoone ; Timothy Thomas ; Steve Koyanagi *Subject:* Re: Collapsing Canadian Entities? PRIVILEGED AND CONFIDENTIAL Hi Gerri, Here's the update - Outside counsel is targeting completion for 12/31/24. Some of the timing depends on different provincial governments, but they think it's possible. If he thinks it'll be delayed, our attorney will advise right away. @Nina Kani @Geraldine Nath @Timothy Thomas Below are some tasks and questions. (We need to reply to our attorney asap on these to meet this target date) THEKEY REBRAND FOR ALL CAN. ENTITIES - This amalgamation will be an opportunity to implement the long-overdue rebrand for HCA in Canada. As you know, some of the Canadian entities have =E2=80=9CTheKey=E2=80=9D DBAs, although many of the legal names remain asso= ciated with HCA. *If you would like to rebrand the consolidated operating entity under =E2=80=9C= TheKey=E2=80=9D banner, can you please provide three names for us to submit for reservation?* I would suggest something along the lines of =E2=80=9CTheKey = Care Ltd.=E2=80=9D as the primary choice. The second choice could be =E2=80=9CTh= eKey Care Canada Ltd.=E2=80=9D. Etc. *Please confirm.* - @Nina Kani * Do you agree with counsel's proposed rebrand names? Any others you would prefer?* TIM'S AVAILABILITY IN DECEMBER - We will also need *Tim @Timothy Thomas to be available the month of December to sign affidavits of amalgamation. He will need to visit a local notary or lawyer to swear these documents. *The affidavits largely confirm that no creditor will be prejudiced by the amalgamation. - @Timothy Thomas * Please let us know if this will be an issue.* COMMERCIAL FINANCING OR OTHER LOANS - Do any of the operating entities have commercial financing or other loans? If so, we will need to consider how to deal with competing loans between separate operating entities. - @Geraldine Nath *Please advise.* OTHER UPDATES TO VARIOUS BUSINESS ACCOUNTS - Finally, please consider what updates TheKey will need to make to the various business accounts (i.e. tax, employee, business licences, etc.) to reflect the new name of t
Thread (3)
- Re: Collapsing Canadian Entities? PRIVILEGED AND CONFIDENTIALTue, 26 Nov 2024 12:26:52 -0500
Tammi Franzese
- Re: Collapsing Canadian Entities? PRIVILEGED AND CONFIDENTIALTue, 26 Nov 2024 13:42:16 -0500
Michael Jichetti
- Re: Collapsing Canadian Entities? PRIVILEGED AND CONFIDENTIALTue, 26 Nov 2024 13:42:16 -0500
Michael Jichetti