Ontario · CCAA
Tenth Report of the Monitor
Court officer report · 19 June 2024
A plain-language read of this filing opens with a subscription.
What we verified from this filing2 verified
- fee scheduleengagements: form: prose · rows: · money: approximate: false · period: end: 2024-05-07 · kind: invoice · label: Application Period · quote: rendered by Goodmans to the Monitor for the period from June 29, 2023 to May 7, 2024 (the ' Application Period ') · start: 2023-06-29 · approval: state: unstated · averages: rate: 984.09 · quote: at an average hourly rate of $984.09 · currency: · invoices: · firm text: Goodmans · firm quote: rendered by Goodmans to the Monitor · hours total: quote: Goodmans incurred a total of 1,090.9 hours in connection with this matter during the Application Period at an average hourly rate of $984.09 · value: 1090.9 · context quote: Attached hereto and marked as Exhibit 'A' are true copies of the accounts (the ' Goodmans Accounts ') rendered by Goodmans to the Monitor for the period from June 29, 2023 to May 7, 2024 (the ' Application Period ').
- recovery outcomeentries: basis: actual · quote: Each Account to the Consolidated Cash Pool Account in respect of Disputed Claims that became Proven Claims before the third business day prior to the Initial Distribution Date. Affected Creditor with a Proven Claim received an Initial Distribution of approximately 72.3% of such Affected Creditor's Proven Claim. · pct of: proven_claims · outcome: distribution · pct low: 72.3 · pct high: 72.3 · class key: unsecured · stated by: monitor · cumulative: false · class label: Affected Creditor with a Proven Claim (Initial Distribution) · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: the Monitor anticipates that smaller future distributions will be made to Affected Creditors, such that each Affected Creditor will receive aggregate distributions of approximately 72% to 75% of such Affected Creditor's Proven Claim, consistent with the range of potential recoveries set forth in the Eighth Report. · pct of: proven_claims · outcome: distribution · pct low: 72 · pct high: 75 · class key: unsecured · stated by: monitor · cumulative: true · class label: Affected Creditors (aggregate distributions) · interim final: unstated · claims qualifier: unstated · stated on: 2024-06-19 · table missing: