Alberta · NOI
Supplemental Report to the Tenth Report of the Monitor
Court officer report · 28 July 2025
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What we verified from this filing7 verified
- cash on handnote: Figure is the ResidualCo Funds currently held by the Monitor, inclusive of holdbacks for the Directors' Charge, Administration Charge and potential trust/property claims; no specific as-at date stated. · amount: 1900000 · currency: CAD · qualifier: approximately
- disbursementsnote: Table figures are in C$000s; represents total Uses of Cash Proceeds (Cure Costs, Post-Filing Municipal Taxes, APMC, Post-Filing obligations, Arena, Sales Agent Fee, Professional Fees, D&O Distribution, Other) to date. · amount: 8658000 · currency: CAD
- operational summaryThe debtor's business and assets were already sold under the CCAA Transaction; the Monitor is now administering the residual ResidualCo Funds, resolving the claims process, and moving toward terminating the CCAA proceedings.
- professional feesnote: Excludes GST; includes fees incurred by FTI in its prior capacity as proposal trustee in NOI proceedings. Monitor's Counsel (Blake, Cassels & Graydon LLP) fees for February 1, 2024 to July 24, 2025 totaled $441,283.63 (exclusive of GST), separately stated. · party: Monitor (FTI Consulting Canada Inc.) · amount: 543225.03 · period: January 1, 2024 to May 31, 2025 · currency: CAD
- receipts cumulativenote: Table figures are in C$000s; represents total Sources of Cash Proceeds (Subscription Price, Adjustment Amount, Interest) administered by the Monitor to date. · amount: 10543000 · currency: CAD
- report date28 July 2025
- report noSupplemental Report to the Tenth Report of the Monitor