Ontario · CCAA

This Thirty-Seventh Report reports to the Court on the following matters: (a) background and summary of the CCAA proceedings; (b) the Monitor’s motion for an Order (the “Trafalgar Settlement Approval Order”) substantially in the form of the draft order located at Tab 3 of the Motion Record of the Monitor returnable February 17, 2022 (the “Motion Record”), among other things: (i) approving the minutes of settlement between the Regional Municipality of Halton (the “Halton Region”) and Carillion Canada dated November 3, 2021 (the “Trafalgar Minutes of Settlement”); (ii) authorizing the Monitor, on behalf of Carillion Canada to enter into the Trafalgar Minutes of Settlement; (iii) authorizing and directing the Monitor to take such additional steps and execute such additional documents as may be necessary or desirable for the implementation of the Trafalgar Minutes of Settlement; and (iv) sealing the unredacted form of the Trafalgar Minutes of Settlement from the public record; and (c) the Monitor’s motion for an Order (the “Insurance Settlement Approval Order”) substantially in the form of the draft order located at Tab 4 of the Motion Record among other things: (i) approving the settlement agreement dated November 22, 2021 (the “Insurance Settlement Agreement”), between Carillion Construction, certain insurance entities that subscribed to the primary professional indemnity insurance policy number 12427P13 (the “Primary Insurance Policy”) (collectively, the “Primary Insurers”) and certain insurance entities that subscribed to the first excess professional indemnity insurance policy number 12549P13 (the “First Excess Insurance Policy”) (collectively, the “First Excess Insurers” and together with the Primary Insurers, the “Insurers”); (ii) authorizing the Monitor to enter into the Insurance Settlement Agreement; and (iii) authorizing and directing the Monitor to take such additional steps as may be necessary or desirable for the implementation of the Insurance Settlement Agreement

Court officer report · 11 February 2022