Ontario · CCAA
Forty Fifth Report of the Monitor
Court officer report · 29 November 2024
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
- cash on handnote: Opening cash balance of the cash flow forecast starting October 1, 2024 (stated as 66,232 in US $000); a management projection table's opening balance, not a separately stated actual cash figure. · as at: 2024-10-01 · amount: 66232000 · currency: USD
- operational summaryCrystallex remains under CCAA protection with no operations, pursuing enforcement of its US$1.2 billion arbitral award against Venezuela, mainly via the court-supervised sale of PDVH (CITGO) shares in Delaware, while funding costs through DIP financing and seeking a stay extension to December 18, 2025.
- report date29 November 2024
- report noForty Fifth Report