Prince Edward Island · CCAA
Monitor's Second Report
Court officer report · 23 June 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 filing7 verified
- cash on handnote: Cash held at end of Week 6 (week ending June 13, 2026) · as at: 2026-06-13 · amount: 1597250 · currency: CAD
- disbursementsnote: Actual operations disbursements vs. budget of $12,336,271 · since: Cumulative 6 weeks for the period ended June 13, 2026 · amount: 8333266 · currency: CAD
- operational summaryThe Company continues to operate the Spring lobster season in the ordinary course under Monitor oversight and daily involvement, without significant service interruption, while its Financial Advisor holds discussions with potential equity, investment or financing parties.
- professional feesnote: Actual vs. budget of $227,000; table does not state whether tax is included · party: Professional fees (cumulative actual, restructuring professionals) · amount: 124652 · period: Cumulative 6 weeks ended June 13, 2026 · currency: CAD
- receipts cumulativenote: Actual receipts vs. budget of $7,049,906 · since: Cumulative 6 weeks for the period ended June 13, 2026 · amount: 7050673 · currency: CAD
- report date23 June 2026
- report noSecond Report