Ontario · CCAA
Tenth Report of the Monitor
Court officer report · 18 August 2025
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What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: Based on the Illustrative Recoveries Analysis, the Monitor estimates that each Claimant with an accepted claim will receive a recovery of approximately 8.1% of their accepted claim amount. · pct of: unstated · outcome: distribution · pct low: 8.1 · pct high: 8.1 · class key: unsecured · stated by: monitor · class label: each Claimant with an accepted claim · interim final: unstated · conditional on: if the Settlement Agreement with respect to surplus balances in the Plans is approved · claims qualifier: unstated; basis: estimated · quote: As set out in the Ninth Report, without the Company's share of the Net Surplus, the illustrative recoveries to unsecured creditors would have been approximately $1.1 million, or a recovery of approximately $3.4%. · pct of: unstated · outcome: distribution · pct low: 3.4 · pct high: 3.4 · class key: unsecured · stated by: monitor · amount low: 1100000 · amount high: 1100000 · class label: unsecured creditors · interim final: unstated · conditional on: without the Company's share of the Net Surplus · claims qualifier: unstated; basis: estimated · quote: Based on the Illustrative Recoveries Analysis, the Monitor estimates that each Claimant with an accepted claim will receive a recovery of approximately 3.4% of their accepted claim amount. · pct of: unstated · outcome: distribution · pct low: 3.4 · pct high: 3.4 · class key: unsecured · stated by: monitor · class label: each Claimant with an accepted claim · interim final: unstated · conditional on: may change depending on the final settlement amount of the Unresolved Claim · claims qualifier: unstated · stated on: 2025-08-18 · table missing: