Quebec · CCAA
Twenty-Eighth Report of the Monitor – dated June 7, 2018
Court officer report · 7 June 2018
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 filing5 verified
- operational summaryWith all claims now resolved, the Monitor is proceeding to a supplemental distribution of about $2.8 million to bodily injury and moral damages claimants and a reallocation of about $16.8 million of Economic Savings, while finalizing the Province's claim, handling interest allocation and tax slips, and monitoring the Chapter 11 proceedings. A stay extension to December 14, 2018 is sought.
- professional feesnote: Total including sales taxes; $196,203 before sales taxes of $29,382. Richter's own fees: $144,431 plus $21,629 taxes = $166,060. Remaining Administration Charge balance to complete the CCAA is $150,753; Monitor and counsel also hold a $150,000 retainer. · party: Canadian Professionals (Richter as Monitor, Woods, Gowling WLG, Claims Officer) · amount: 225586 · period: December 1, 2017 to April 30, 2018 · currency: CAD
- recovery outcomeentries: basis: actual · quote: Bodily Injury and Moral Damage Claims: as reported in the Monitor's Twenty-Fifth Report, 100% of the total distribution payable to claimants who have Proven Claims in this category have been paid (prior to any possible reallocation under section 4.2 of the Amended Plan). · pct of: proven_claims · outcome: paid_in_full · pct low: 100 · currency: CAD · pct high: 100 · class key: unsecured · stated by: monitor · amount low: 47200000 · cumulative: true · amount high: 47200000 · class label: Bodily Injury and Moral Damage Claims · interim final: unstated · currency quote: All amounts reflected in this report are stated in Canadian currency unless otherwise noted. · claims qualifier: unstated · stated on: 2018-06-07 · table missing:
- report date7 June 2018
- report noTwenty-Eighth Report of the Monitor