Ontario · CCAA
Twelfth Report of the Monitor
Court officer report · 26 January 2026
A plain-language read of this filing opens with a subscription.
What we verified from this filing2 verified
- fee scheduleengagements: form: invoice_listing · rows: J. Nevsky; F. Mak; A. Singels-Ludvik; E. Krieger · money: tax: label: HST · quote: 17,414.52 $ · amount: 17414.52 · fees: quote: TOTAL Fees (excl. Disbursements and HST) | ... | 133,630.00 $ · amount: 133630 · total: quote: 151,372.39 $ · amount: 151372.39 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: 327.87 $ · amount: 327.87 · period: end: 2026-06-13 · kind: invoice · label: A&M Application Period · quote: a summary of the invoices rendered by A&M (the ' A&M Accounts ') in respect of these proceedings for the period from January 18, 2026 to June 13, 2026 (the ' A&M Application Period ') · start: 2026-01-18 · approval: quote: the Applicants to have the Monitor's fees and disbursements, and those of its legal counsel, in connection with these proceedings, approved by this Court · state: sought · averages: rate: 582.52 · quote: Avg Rate 582.52 $ · currency: code: CAD · quote: Total-$CAD · invoices: tax: 8966.75 · date: 2026-04-07 · fees: 68975 · quote: April 7, 2026 | January 18, 2026 to March 28, 2026 | 110.4 | 68,975.00 | - | 8,966.75 | 77,941.75 · total: 77941.75 · period end: 2026-03-28 · period start: 2026-01-18; tax: 8447.77 · date: 2026-01-21 · fees: 64655 · quote: January 21, 2026 | March 29, 2026 to June 13, 2026 | 119.0 | 64,655.00 | 327.87 | 8,447.77 | 73,430.64 · total: 73430.64 · period end: 2026-06-13 · period start: 2026-03-29 · disbursements: 327.87 · firm text: Alvarez & Marsal Canada Inc. · firm quote: Alvarez & Marsal Canada Inc. (' A&M ') as monitor in the CCAA Proceedings (in such capacity, the ' Monitor ') · hours total: quote: 229.4 · value: 229.4 · context quote: I am a Senior Vice President of Alvarez & Marsal Canada Inc. (' A&M '), the Court appointed Monitor in these proceedings (the ' Monitor ').; form: time_summary · rows: J. Nevsky; F. Mak; E. Krieger; A. Singels-Ludvik · money: tax: label: HST · quote: Add: HST @ 13% | 8,966.75 · amount: 8966.75 · fees: quote: $68,975.00 · amount: 68975 · total: quote: TOTAL INVOICE | $77,941.75 · amount: 77941.75 · includes tax: true · approximate: false · period: end: 2026-03-28 · kind: invoice · quote: for the period January 18 to March 28, 2026 · start: 2026-01-18 · approval: state: unstated · averages: · currency: code: CAD · quote: Total-$CAD · invoices: · firm text: Alvarez & Marsal Canada Inc. · firm quote: Alvarez & Marsal Canada Inc. (' A&M ') as monitor in the CCAA Proceedings (in such capacity, the ' Monitor ') · hours total: quote: 110.4 · value: 110.4 · context quote: on with our appointment as CCAA Monitor, pursuant to the Order of the Ontario Superior Court of Justice granted on December 20, 2022, for the period January 18 to March 28, 2026.; form: time_summary · rows: J. Nevsky; F. Mak; E. Krieger; A. Singels-Ludvik · money: tax: label: HST · quote: Add: HST @ 13% | 8,447.77 · amount: 8447.77 · fees: quote: $64,655.00 · amount: 64655 · total: quote: TOTAL INVOICE | $73,430.64 · amount: 73430.64 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: 327.87 · amount: 327.87 · period: end: 2026-06-13 · kind: invoice · quote: for the period March 29 to June 13, 2026 · start: 2026-03-29 · approval: state: unstated · averages: · currency: code: CAD · quote: Total-$CAD · invoices: · firm text: Alvarez & Marsal Canada Inc. · firm quote: Alvarez & Marsal Canada Inc. (' A&M ') as monitor in the CCAA Proceedings (in such capacity, the ' Monitor ') · hours total: quote: 119.0 · value: 119 · context quote: on with our appointment as CCAA Monitor, pursuant to the Order of the Ontario Superior Court of Justice granted on December 20, 2022, for the period January 18 to March 28, 2026.; form: invoice_listing · rows: · money: tax: label: Taxes · quote: $19,206.15 · amount: 19206.15 · fees: quote: $147,737.50 · amount: 147737.5 · total: quote: $167,284.60 · amount: 167284.6 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: $340.95 · amount: 340.95 · period: kind: unstated · label: Billing Period · quote: 164.7 hours were incurred by Osler personnel during the Billing Period · approval: quote: the Applicants to have the Monitor's fees and disbursements, and those of its legal counsel, in connection with these proceedings, approved by this Court · state: sought · averages: rate: 897.01 · quote: an average hourly rate of approximately $897.01 (exclusive of applicable taxes) · currency: code: CAD · quote: TOTAL (CAD): · invoices: tax: 12537.78 · date: 2026-02-26 · fees: 96442.5 · quote: 13127703 | February 26, 2026 | $96,442.50 | $1.95 | $12,537.78 | $108,982.23 · total: 108982.23 · disbursements: 1.95; tax: 164.65 · date: 2026-03-31 · fees: 1266.5 · quote: 13138302 | March 31, 2026 | $1,266.50 | $339.00 | $164.65 | $1,770.15 · total: 1770.15 · disbursements: 339; tax: 3742.77 · date: 2026-04-27 · fees: 28790.5 · quote: 13150050 | April 27, 2026 | $28,790.50 | $0.00 | $3,742.77 | $32,533.27 · total: 32533.27 · disbursements: 0; tax: 881.86 · date: 2026-05-26 · fees: 6783.5 · quote: 13161734 | May 26, 2026 | $6,783.50 | $0.00 | $881.86 | $7,665.36 · total: 7665.36 · disbursements: 0; tax: 1879.09 · date: 2026-06-19 · fees: 14454.5 · quote: 13172658 | June 19, 2026 | $14,454.50 | $0.00 | $1,879.09 | $16,333.59 · total: 16333.59 · disbursements: 0 · firm text: Osler, Hoskin & Harcourt LLP · firm quote: Osler, Hoskin & Harcourt LLP · hours total: quote: 164.7 hours were incurred by Osler personnel during the Billing Period · value: 164.7 · context quote: Counsel for Alvarez & Marsal Canada Inc., solely in its capacity as Monitor of 1000156489 Ontario Inc. (f/k/a DCL Corporation) and not in its personal or corporate capacity; form: time_summary · rows: Dov B. Begun; Andrea Boctor; Martino Calvaruso; Alan Kenigsberg; Greg Wylie; Marleigh Dick; Davis Haugen; Adam Margeson; Kevin MacEachern · money: tax: label: HST · quote: HST @ 13% 12,537.78 · amount: 12537.78 · fees: quote: OUR FEE HEREIN 96,442.50 · amount: 96442.5 · total: quote: TOTAL (CAD): 108,982.23 · amount: 108982.23 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: REIMBURSABLE EXPENSES 1.95 · amount: 1.95 · period: kind: invoice · approval: state: unstated · averages: · currency: code: CAD · quote: TOTAL (CAD): · invoices: · firm text: Osler, Hoskin & Harcourt LLP · firm quote: Osler, Hoskin & Harcourt LLP · hours total: quote: TOTAL FEES (CAD): | 118.30 · value: 118.3 · context quote: Counsel for Alvarez & Marsal Canada Inc., solely in its capacity as Monitor of 1000156489 Ontario Inc. (f/k/a DCL Corporation) and not in its personal or corporate capacity; form: time_summary · rows: Dov B. Begun; Andrea Boctor; Martino Calvaruso; Alan Kenigsberg; Sven C. Poysa; Greg Wylie; Marleigh Dick; Sylvia Evans · money: tax: label: HST · quote: HST @ 13% 3,742.77 · amount: 3742.77 · fees: quote: OUR FEE HEREIN 28,790.50 · amount: 28790.5 · total: quote: TOTAL (CAD): 32,533.27 · amount: 32533.27 · includes tax: true · approximate: false · period: kind: invoice · approval: state: unstated · averages: · currency: code: CAD · quote: TOTAL (CAD): · invoices: · firm text: Osler, Hoskin & Harcourt LLP · firm quote: Osler, Hoskin & Harcourt LLP · hours total: quote: TOTAL FEES (CAD): | 22.40 · value: 22.4 · context quote: Counsel for Alvarez & Marsal Canada Inc., solely in its capacity as Monitor of 1000156489 Ontario Inc. (f/k/a DCL Corporation) and not in its personal or corporate capacity; form: time_summary · rows: Andrea Boctor; Martino Calvaruso; Marleigh Dick · money: tax: label: HST · quote: HST @ 13% 881.86 · amount: 881.86 · fees: quote: OUR FEE HEREIN 6,783.50 · amount: 6783.5 · total: quote: TOTAL (CAD): 7,665.36 · amount: 7665.36 · includes tax: true · approximate: false · period: kind: invoice · approval: state: unstated · averages: · currency: code: CAD · quote: TOTAL (CAD): · invoices: · firm text: Osler, Hoskin & Harcourt LLP · firm quote: Osler, Hoskin & Harcourt LLP · hours total: quote: TOTAL FEES (CAD): | 5.20 · value: 5.2 · context quote: Counsel for Alvarez & Marsal Canada Inc., solely in its capacity as Monitor of 1000156489 Ontario Inc. (f/k/a DCL Corporation) and not in its personal or corporate capacity; form: time_summary · rows: Andrea Boctor; Martino Calvaruso; Marleigh Dick; Davis Haugen · money: tax: label: HST · quote: HST @ 13% 1,879.09 · amount: 1879.09 · fees: quote: OUR FEE HEREIN 14,454.50 · amount: 14454.5 · total: quote: TOTAL (CAD): 16,333.59 · amount: 16333.59 · includes tax: true · approximate: false · period: kind: invoice · approval: state: unstated · averages: · currency: code: CAD · quote: TOTAL (CAD): · invoices: · firm text: Osler, Hoskin & Harcourt LLP · firm quote: Osler, Hoskin & Harcourt LLP · hours total: quote: TOTAL FEES (CAD): | 17.50 · value: 17.5 · context quote: Counsel for Alvarez & Marsal Canada Inc., solely in its capacity as Monitor of 1000156489 Ontario Inc. (f/k/a DCL Corporation) and not in its personal or corporate capacity
- recovery outcomeentries: basis: actual · quote: Each Unsecured Creditor received an Initial Distribution representing approximately 7.2% of their accepted Proven Claim amount. · pct of: proven_claims · outcome: distribution · pct low: 7.2 · pct high: 7.2 · class key: unsecured · stated by: monitor · amount low: 2200000 · cumulative: false · amount high: 2200000 · class label: Unsecured Creditors holding a Proven Claim · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: Upon completion of the Final Distribution, each Unsecured Creditor holding a Proven Claim is projected to receive a cumulative recovery of 7.7% of their accepted Claim amount: · pct of: proven_claims · outcome: distribution · pct low: 7.7 · pct high: 7.7 · class key: unsecured · stated by: monitor · cumulative: true · class label: Unsecured Creditors holding a Proven Claim · interim final: final · claims qualifier: unstated · stated on: 2026-06-23 · table missing: