Casperdiny IFB Realty Inc

Instruction Letter for the Claims Process of the Debtor – dated September 29, 2014 — Stakeholder communication

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List of Creditors – dated September 29, 2014 — List of creditors

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Order granting the Motion seeking the extension of the Initial Order, until November 28, 2014 and Claims Process – dated September 26, 2014 — Order (other)

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Motion seeking (i) the Extension of the Initial Order and (ii) Orders establishing a Procedure for the Identification, filing, resolution and barring of Claims against the Debtors and setting the Procedures with Respect to the Calling and Conduct of a Meeting of the Creditors – dated September 25, 2014 — Application / notice of application

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Report of the Monitor on the State of Petitioners’ Financial Affairs and the Plan of Arrangement – dated September 25, 2014 — Plan of arrangement / compromise

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Order granting the Motion seeking the extension of the Initial Order, until September 26, 2014 – dated August 19, 2014 — Order (other)

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The officer filed a report. The Debtors have no employees; day-to-day operation of the 291-unit Club Sommet apartment building was outsourced to Asta until July 18, 2014 and is now administered by Timbercreek pending closing of the Timbercreek Transfer, with operations continuing in the normal course.

Source: Monitor’s Report on the State of Petitioner’s Financial Affairs and seeking Extension of the Initial Order until September 26, 2014 – dated August 18, 2014

Motion seeking the extension of the Initial Order – dated August 18, 2014 — Application / notice of application

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The court granted an approval and vesting order for the sale to Timbercreek Senior Mortgage Investment Corporation. Closing terms, as extracted: Vesting occurs upon issuance of the Monitor's Certificate, once the Transfer and Surrender Agreement has been executed and consideration paid.

Source: Approval and vesting Order granting the Extension of the Initial Order, until August 19, 2014 – dated July 18, 2014

The officer filed a report. The Debtors continue to operate the 291-unit Club Sommet apartment building in the normal course (collecting rents, tenant deposits, lease-up program) with no employees of their own and operations outsourced to Asta, whose management agreement ended July 18, 2014. Substantially all assets are to be surrendered to secured lender Timbercreek under a credit-bid-style Transfer and Surrender Agreement after the Rakotta bid collapsed.

Source: Monitor’s Report on the State of Petitioners’ Financial Affairs, and in support of the Motion seeking leave to transfer and surrender substantially all of the Debtors’ Assets outside the Normal Course of Business and seeking extension of the Initial Order – dated July 17, 2014

Motion seeking Leave to transfer and surrender substantially all of the Debtors’ Assets outside the Normal Course of Business and seeking the Extension of the Initial Order – dated July 17, 2014 — Application / notice of application

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Motion seeking the extension of the Initial Order – dated July 2, 2014 — Application / notice of application

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Order granting the Motion seeking the extension of the Initial Order, until July 18, 2014 – dated July 2, 2014 — Order (other)

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Order granting the Motion seeking the extension of the Initial Order, until July 3, 2014 – dated May 29, 2014 — Order (other)

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The officer filed report no. Second Report of the Monitor. The Petitioners continue to operate the 291-unit Club Sommet apartment building in the normal course through outsourced property management (no employees), with occupancy around 60%, leasing below targets, and a sale of the Property targeted to close by August 1, 2014.

Source: Second Report of the Monitor on the State of the Petitioner’s Financial Affairs – dated May 28, 2014

Motion seeking the extension of the Initial Order – dated May 28, 2014 — Application / notice of application

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Order granting the Motion seeking the extension of the Initial Order, until May 29, 2014 – dated April 15, 2014 — Order (other)

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The officer filed report no. First Report. The Petitioners continue to operate the 291-unit Club Sommet apartment building in the normal course (collecting rents, maintaining tenant services), with all operations outsourced to third parties and no employees involved in management. They are pursuing a lease-up program (occupancy about 60%) and plan a CBRE-run solicitation process to sell or refinance the property.

Source: First Report of the Monitor on the State of the Petitioner’s Financial Affairs – dated April 11, 2014

Motion seeking the extension of the Initial Order – dated April 11, 2014 — Application / notice of application

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Debtor Company Information Summary (Commencement of Proceedings) – dated March 27, 2014 — Information circular

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Notice to Creditors of Initial Order – dated March 27, 2014 — Notice to creditors

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Information Pertaining to Initial Order – dated March 25, 2014 — Initial order

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On March 21, 2014, the Superior Court of Québec granted the initial order, appointing Richter Advisory Group Inc. as monitor.

Source: Initial Order – dated March 21, 2014

Petition seeking the issuance of an Initial Order pursuant to the Companies’ Creditors Arrangement Act – dated March 12, 2014 — Application / notice of application

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Report of Richter Advisory Group Inc. in its Capacity as Proposed Monitor, submitted in conjunction with the CCAA Petition filed on March 12, 2014 under the provisions of the Companies’ Creditors Arrangement Act – dated March 18, 2014 — Pre-filing report

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Notice to Creditors of Intention to Make a Proposal – dated March 10, 2014 — Notice to creditors

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Casperdiny IFB Realty Inc. filed a Notice of Intention to make a proposal, dated March 3, 2014.

Source: Certificate of filing of a Notice of intention to make a proposal – dated March 3, 2014