Newfoundland and Labrador · CCAA
First Report of the Monitor
Court officer report · 27 October 2025
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: Closing/ending cash balance per the Cash Flow Variance Report for the period August 31 to October 18, 2025; the Revised Cash Flow uses the same figure as its opening cash balance for the period starting October 19, 2025. · as at: 2025-10-18 · amount: 160207 · currency: CAD
- disbursementsnote: Total actual operating disbursements before restructuring costs (budgeted $547,696) for the period August 31 to October 18, 2025; restructuring/professional costs of $153,216 are reported separately. · since: 2025-08-31 · amount: 342120 · currency: CAD
- operational summaryThe company continues to run the dairy farm in the ordinary course under CCAA protection while seeking refinancing or investment and developing a sale and investment solicitation process; the monitor finds it acting in good faith and with adequate cash flow and DIP financing through January 2026.
- receipts cumulativenote: Total actual receipts per the Cash Flow Variance Report (budgeted $386,822) for the period August 31 to October 18, 2025. · since: 2025-08-31 · amount: 399810 · currency: CAD
- report date27 October 2025
- report noFirst Report of the Monitor