Quebec · CCAA
Thirty-Second Report of the Monitor – dated June 4,2020
Court officer report · 4 June 2020
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
- operational summaryThe CCAA proceedings are in a late stage: distributions to claimants have largely been made, while the Province of Quebec's final claim remains unresolved and Chapter 11 litigation continues, with a $10 million litigation reserve held. An extension of the stay to December 11, 2020 is sought to finalize these items and allocate about $8.2 million of accumulated interest.
- professional feesnote: Total incl. sales taxes: $64,040 (disbursements $55,699 + sales taxes $8,341). Richter $49,210; Woods $7,439; Gowling WLG $7,391. Balance of Administration Charge to complete the CCAA is $456,823; the Monitor and its counsel also retain a $150,000 retainer to be applied to final invoices. · party: Richter (Monitor), Woods and Gowling WLG (counsel) · amount: 64040 · period: November 1, 2019 to May 31, 2020 · currency: CAD
- report date4 June 2020
- report noThirty-Second Report of the Monitor