Ontario · CCAA
Fifth Report of the Monitor dated November 23, 2023
Court officer report · 23 November 2023
What we verified from this filing5 verified
- closing confirmedscope: substantially all of its assets · outcome: completed · effective: 2023-06-01 · purchaser: BMO · date basis: stated · approval order date: 2023-05-12
- purchaserBank of Montreal
- recovery outcomeentries: basis: estimated · quote: It is expected that the Credit Facility Lenders will suffer a significant shortfall in respect of amounts owing under the Credit Agreement. · pct of: unstated · outcome: shortfall · class key: secured · stated by: monitor · class label: Credit Facility Lenders · creditor name: Credit Facility Lenders · interim final: unstated · claims qualifier: unstated · stated on: 2023-11-23 · table missing:
- sale outcometext: the Court-approved SISP culminated in the BMO Transaction, which closed on June 1, 2023 · scope: whole_business · status: closed
- stalking horseBMO