12th November 2007 - Brake Pro Update: Fifth Extension and Sale Approval Order

BDO Dunwoody, the Monitor's of Brake Pro Limited CCAA, reported on the 7th of November 2007 the Ontario Superior Court of Justice has issued the Court Order - Fifth Extension and Sale Approval Order.

In this Fifth Extension and Sales Approval Order is reported Brake Pro Limited "the Company to enter into an agreement to sell, and approving the sale of certain of the assets of of the Company to Affinia Canada Corp (the Purchaser) pursuant to an Agreement of Purchase and Sale dated November 1, 2007"

For more information find the complete Fifth Extension and Sales Approval Order at:

http://www.bdo.ca/extranets/brakepro/documents/Order%20-%2020071107.pdf

BDO / Brake Pro site: http://www.bdo.ca/extranets/brakepro/index.cfm

Source: BDO Dunwoody Website