Quebec · CCAA
Twenty-Sixth Monitor's Report on the Application to Extend the Stay Period
Court officer report · 16 September 2025
What we verified from this filing6 verified
- cash on handnote: Ending cash balance at end of 28-week monitoring period, per receipts and disbursements table; also shown as opening cash for the cash flow forecast. · as at: 2025-09-13 · amount: 6310441 · currency: CAD
- operational summaryThe estate is winding down toward final distribution: the claims register is now final following settlements with Cantore, JMBM and Metso, and the Monitor plans an interim distribution to unsecured creditors (approximately 12% of claims) in October 2025, pending a further stay extension to December 19, 2025.
- professional feesnote: This is a forecasted amount in the Cash Flow projections, not an actual incurred figure. · party: Monitor and its counsel · amount: 300000 · period: 14 weeks ending December 20, 2025 (forecast) · currency: CAD
- recovery outcomeentries: basis: estimated · quote: It is currently expected that creditors will receive approximately 12% of the claim. · pct of: unstated · outcome: distribution · pct low: 12 · pct high: 12 · class key: unsecured · stated by: monitor · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2025-09-16 · table missing:
- report date16 September 2025
- report noTwenty-Sixth Monitor's Report