Ontario · CCAA
Seventh Post Plan Implementation Report dated August 7, 2025
Court officer report · 7 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 filing4 verified · 1 withheld
- operational summaryMetro discontinued active business operations in February 2024 and now operates solely as a holding company managing its investments in the Subsidiaries. There is no foreseeable timeline for distributions to Affected Creditors, with approximately $13.9 million still owing under the Promissory Note.
- recovery outcomeentries: basis: actual · quote: On or around February 18, 2022, the CCAA Entities made the Initial Distribution of approximately $4.7 million in respect of the Proven Claims. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: monitor · amount low: 4700000 · amount high: 4700000 · class label: Affected Creditors with Proven Claims · claims amount: 18600000 · interim final: unstated · claims qualifier: proven; basis: unstated · quote: There continues to be no foreseeable timeline for distributions to Affected Creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: Affected Creditors with Proven Claims · interim final: unstated · conditional on: no foreseeable timeline for distributions · claims qualifier: unstated · stated on: 2025-08-07 · table missing:
- report date7 August 2025
- report noSeventh Post Plan Implementation Report
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.