Nova Scotia · CCAA
Monitors Second Report
Court officer report · 30 January 2018
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What we verified from this filing5 verified
- disbursementsnote: Total expense to January 26, 2018, positive expense variance versus forecast; some post-filing expenses remain unpaid understating actual costs · amount: 1418313 · currency: CAD
- operational summaryADTS continues daily trucking operations while pursuing restructuring, having lost one significant customer, maintained its factoring facility and critical suppliers, and returned most leased trailers, but faces a material adverse change from a large upward revision in CRA source deduction arrears that effectively gives CRA veto power over any plan of arrangement.
- receipts cumulativenote: Total revenue to January 26, 2018 for the six weeks reported, compared to cash flow forecast · amount: 1433450 · currency: CAD
- report date30 January 2018
- report noSecond Report