Ontario · CCAA
Fortieth Report of the Monitor, dated May 13, 2026
Court officer report · 13 May 2026
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What we verified from this filing5 verified
- process resultsbids: 13 · note: Surrey Property marketing process; separate count of 11 for Dorval Property
- purchaserQuattro Real Estate Holdings Ltd.; 9417-4877 Québec Inc.
- recovery outcomeentries: basis: unstated · quote: The Dorval Secured Indebtedness exceeds the gross purchase price for the Dorval Property, resulting in a shortfall to NBC on its direct mortgage indebtedness. · pct of: unstated · outcome: shortfall · class key: secured · stated by: monitor · class label: NBC · creditor name: NBC · interim final: unstated · related party: false · claims qualifier: unstated · stated on: 2026-05-13 · table missing:
- sale advisorCBRE Limited; Avison Young Commercial Real Estate Services, LP
- sale outcometext: Monitor recommends the Court approve the Surrey Sale Agreement and the Dorval Sale Agreement · scope: parcel · status: pending_approval