Quebec · CCAA
Second Report of the Designated Monitor on the Sate of Debtors’ Financial Affairs
Court officer report · 31 May 2004
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 debtors have sold virtually all remaining inventory and collected most accounts receivable; operations are winding down to minimal activity to secure and maintain facilities, with most employees terminated and DIP financing being sought to cover ongoing expenses while the sale process continues.
- report date31 May 2004
- report noSecond Report