British Columbia · CCAA
Second Report of the Monitor
Court officer report · 13 August 2025
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 filing7 verified
- cash on handnote: Closing cash balance (actual) for the period May 19, 2025 to August 3, 2025 · as at: 2025-08-03 · amount: 6212 · currency: CAD
- disbursementsnote: Total operating disbursements (actual) for the period May 19, 2025 to August 3, 2025; restructuring disbursements were $220,529 separately · since: May 19, 2025 · amount: 132216 · currency: CAD
- operational summaryThe Petitioner's film is in post-production (suspended since December 2024 due to liquidity constraints) and it is pursuing a Contract Claim against Studio for breach of the Production Services Agreement, while also working to complete tax credit filings expected to satisfy its secured debt to NBC.
- professional feesnote: Actual restructuring disbursements; Company counsel $120,098, Monitor and its counsel $100,431 (combined total $220,529), compared to forecast of $240,000 · party: Company counsel and Monitor and its counsel · amount: 220529 · period: May 19, 2025 to August 3, 2025 · currency: CAD
- receipts cumulativenote: Total operating receipts (actual) for the period May 19, 2025 to August 3, 2025; excludes restructuring receipts (interim lender draws) of $206,025 · since: May 19, 2025 · amount: 36242 · currency: CAD
- report date11 August 2025
- report noSecond Report