Manitoba · CCAA
Second Report of the Monitor
Court officer report · 20 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 filing7 verified · 1 withheld
- operational summaryThe Applicant is completing its liquidation sale across all retail store locations (final business day July 26, 2026), disclaiming all store leases, winding down its workforce, and pursuing an IP transaction and sale of the Kenora property as it moves toward an orderly wind-down and completion of the CCAA proceedings.
- purchaserYM Inc. (Sales)
- recovery outcomeentries: basis: estimated · quote: given the amount of secured debt outstanding, it is not anticipated that there will be sufficient realizations that will result in a distribution to unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2026-07-20 · table missing:
- report date20 July 2026
- report noSecond Report of the Monitor
- sale advisorGordon Brothers Canada ULC
- sale outcometext: the activities that led to the proposed IP Transaction · scope: ancillary · status: pending_approval
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.