Ontario · CCAA
First Report of the Monitor dated August 14, 2025
Court officer report · 14 August 2025
What we verified from this filing8 verified
- report date14 August 2025
- report noFirst Report
- operational summaryThe Applicant is planning to conduct an orderly liquidation of its remaining inventory at its store locations, with the assistance of a third-party liquidator, and to vacate those premises, while maintaining flexibility to consider alternative options including refinancing, sale or restructuring.
- cash on hand2300000.00
- professional fees1450000.00
- receipts cumulative10151000.00
- sale advisorthe Consultant
- sale outcometext: liquidation of Merchandise and FF&E at the Liquidating Stores pending approval · scope: liquidation · status: pending_approval