Prince Edward Island · CCAA

Monitor's Third Report to Court - April 26, 2010

Court officer report · 26 April 2010

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 filing3 verified

operational summaryMariner remains under CCAA protection while negotiating a proposed lease of its equipment to a third party for the 2010 processing season and a $300,000 partial redemption of GE's senior secured position; failure could lead to receivership and cessation of operations, with hundreds of jobs lost.
report date26 April 2010
report noThird Report