Alberta · CCAA
11. Eleventh Report of the Monitor
Court officer report · 26 September 2012
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
- cash on handas at: 2012-09-21 · amount: 323299 · currency: CAD
- operational summaryROGI continues to operate under CCAA protection while pursuing a Rectification Order with CRA regarding flow-through share tax liability and seeking to implement its Court-sanctioned Plan of Arrangement, including obtaining an audit and updated reserve report to complete a transaction with Abby Inc.
- professional feesnote: Forecast for the same period was $390,000; actual professional fees paid were approximately $50,000 per text discussion though table shows $53,673. · party: Monitor and legal counsel · amount: 53673 · period: August 11, 2012 to September 21, 2012 · currency: CAD
- purchaserAbby Inc.
- report date26 September 2012
- report noEleventh Report
- sale outcometext: ROGI is required to obtain an audit of its 2011 financial statements and an updated reserve report to complete the transaction with Abby Inc. as described in ROGI's plan of arrangement (the "Plan of Arrangement") sanctioned by this Honourable Court on August 15, 2012 · scope: whole_business · status: pending_approval