Quebec · CCAA
Twentieth Monitor's Report on the Application to Extend the Stay Period
Court officer report · 13 April 2023
What we verified from this filing5 verified
- cash on handnote: Ending cash of $17.8M includes approximately $5.0M held by the Monitor in trust as part of the Cantore Litigation Fund; based on the 16-week actual period ending April 1, 2023. · as at: 2023-04-01 · amount: 17800000 · currency: CAD · qualifier: approximately
- operational summaryThe Debtors' estate is largely in wind-down/litigation mode, with the Monitor overseeing cash flow, a Claims Register process, and pending litigation (including the Cantore real rights application) ahead of eventual distribution to secured creditors.
- professional feesnote: Favorable variance noted on professional fees actually incurred by the Monitor and its counsel; no specific total dollar figure stated in text; additional fees expected due to June 2023 hearing. · party: Monitor and its counsel · period: 16-week period ending April 1, 2023 · currency: CAD
- report date13 April 2023
- report noTwentieth Monitor's Report