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Published on 9/3/2015 in the Prospect News Distressed Debt Daily.

Veris Gold Chapter 15 bankruptcy case closed, discharge recognized

By Caroline Salls

Pittsburgh, Sept. 3 – Veris Gold Corp.’s Chapter 15 bankruptcy case was closed Wednesday by the U.S. Bankruptcy Court for the District of Nevada.

As previously reported, foreign representative Ernst & Young, Inc. asked the court to close the case after the Supreme Court of British Columbia discharged Veris’ Companies’ Creditors Arrangement Act (CCAA) proceeding on July 29.

Wednesday’s order also recognized and enforced the Canadian discharge order.

According to the motion, all of the company’s assets in the United States have been administered, and there are no further matters expected that will require assistance from the court.

Veris, a Vancouver, B.C.-based gold production company, filed Chapter 15 bankruptcy on June 9, 2014 under case number 14-51015.


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