Ontario · CCAA
UNREDACTED 2026 - 40th Report of the Monitor
Court officer report · 1 July 2026
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 filing6 verified
- cash on handnote: Cash and cash equivalents; $11.6 million higher than forecast, primarily due to lower than forecast Arbitration and CCAA costs. Variance statement shows ending cash balance of US$81,361 thousand. · as at: 2022-09-30 · amount: 81400000 · currency: USD · qualifier: approximately
- disbursementsnote: Actual total disbursements per the variance statement (US$14,344 thousand): general corporate expenses US$2,142 thousand and arbitration and CCAA costs US$12,201 thousand. · since: October 1, 2021 (twelve months to September 30, 2022) · amount: 14344000 · currency: USD
- operational summaryCrystallex remains under CCAA protection focused on enforcing its US$1.2 billion arbitration award against Venezuela, with US sale-process steps over the PDVH Shares advancing and a 12-month stay extension to December 12, 2023 sought; it has funding through that period and expects no distributions to stakeholders in the next 12 months.
- receipts cumulativenote: Actual Venezuela and Other Receipts per the variance statement (US$500 thousand), mainly interest earned on term deposits and securities; no payments from Venezuela. · since: October 1, 2021 (twelve months to September 30, 2022) · amount: 500000 · currency: USD
- report date6 December 2022
- report noFortieth Report