Ontario · CCAA

The endorsement provided in connection with the Fourth Stay Extension Order stated that the Monitor would deliver an interim report on the CCAA proceedings in September 2020. This Fourteenth Report (the “Fourteenth Report”) has been prepared by the Monitor as an interim report to provide information on: (a) the Applicants’ operations since the issuance of the Thirteenth Report of the Monitor, dated May 11, 2020 (the “Thirteenth Report”); (b) the status of the Corebuild Transaction (as defined below); (c) the current status of the P3 Projects (as defined below); (d) the Finch West Litigation (as defined below); (e) other litigation and investigation proceedings; (f) the current status of HST refunds owing from Canada Revenue Agency (“CRA”) and the CRA audits; (g) the current status of the Potential LC Funds (as defined below); (h) the status of the Monitor’s transfer at undervalue proceedings; (i) the Monitor’s activities pursuant to the Preservation and Investigation Order dated April 13, 2020; (j) the Applicants’ receipts and disbursements for the period from May 2, 2020 through September 18, 2020 compared to the cash flow forecast appended to the Thirteenth Report; and (k) the Applicants’ updated cash flow forecast for the period from September 19, 2020 to January 29, 2021

Court officer report · 25 September 2020