British Columbia · CCAA

Twenty First Report of the Monitor

Court officer report · 12 December 2024

AI summary

A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.

What we verified from this filing3 verified

operational summaryThe report reviews the Modified SISP marketing efforts for CDI's interests in Wapiti, CBM and Murray River, noting no letters of interest were received under the Modified SISP and no binding sale agreement resulted except the DIP Lender's credit-bid Purchase Agreement, which the Monitor continues to support; it also flags that a late non-compliant bid revealing a significant value discrepancy may suggest a latent flaw in the process.
report date12 December 2024
report noTwenty First Report