Ontario · CCAA
Eleventh Report of the Monitor
Court officer report · 11 January 2024
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 filing6 verified
- cash on handnote: Remaining funds held by the Monitor as at January 4, 2024; separate US$ balance shown as $0.00. · as at: 2024-01-04 · amount: 1349910.47 · currency: CAD
- disbursementsnote: Disbursements for post-filing goods/services, distinct from distributions to stakeholders (which totalled $3,967,273.66). · since: Sale Transaction closing · amount: 798788.1 · currency: CAD
- operational summary157 Ontario no longer operates its original business (sold via the Sale Transaction) and the Monitor is now primarily administering the CRA tax appeal and pending distribution of remaining estate funds to unsecured creditors.
- receipts cumulativenote: Table titled 'Sale Proceeds and Summary of Distributions/Disbursements To January 4, 2024'; a separate USD figure of 1,158,383.69 is also shown. · since: Sale Transaction closing · amount: 6115972.23 · currency: CAD
- report date11 January 2024
- report noEleventh Report