Nova Scotia · NOI
Third Report of the Proposal Trustee
Court officer report · 5 March 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: ending cash balance for the week ending February 21, 2026 · as at: 2026-02-21 · amount: 108217.71 · currency: CAD · qualifier: approximately
- disbursementsnote: Cumulative actual disbursements relating to operations per Table 1 · since: commencement of NOI Proceedings (Periods 1-12) · amount: 536963 · currency: CAD
- operational summaryThe Company continued normal operations, remained roughly cash-flow neutral to positive during the NOI proceedings despite timing fluctuations in collections and payroll, and is facing staffing challenges from expiring temporary foreign worker permits while recruiting replacements.
- receipts cumulativenote: Cumulative actual total receipts per Table 1 comparison of projected vs actual cash flow · since: commencement of NOI Proceedings (Periods 1-12) · amount: 644071 · currency: CAD
- recovery outcomeentries: basis: plan · quote: residual unsecured wage claims as a separate class, to be paid in full within 10 months of court approval from the general proposal fund; and · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: proposal_trustee · class label: residual unsecured wage claims · interim final: unstated · conditional on: if DIP financing is not obtained, paid within 10 months of court approval from the general proposal fund · claims qualifier: unstated · stated on: 2026-03-05 · table missing:
- report date5 March 2026
- report noThird Report