Ontario · CCAA
Forty-First Report of the Monitor, dated June 4, 2026
Court officer report · 4 June 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 filing6 verified
- operational summaryThe Pride Entities are in a court-supervised wind-down. This report concerns the Monitor's motion for production and investigation orders over Sweet Home and Maplewood. The Monitor wants to investigate a US$2.5M pre-filing transfer and Soft Collections diverted to Maplewood, and to restrict distribution of proceeds from the pending sale of the Hotel Property.
- purchaserprice: note: amount would indicate anticipated funds in excess of mortgage, property tax arrears and closing costs; no figure stated · sealed: false · scope: the Hotel · status: proposed · name note: unnamed purchaser under executed purchase agreement for the Hotel Property · structure: real_property · name source: recital · relationship: unstated
- report date4 June 2026
- report noForty First Report
- sale advisorAvison
- sale outcometext: Maplewood has executed a purchase agreement for the Hotel Property, subject to due diligence, following a sale process that pre-dates the CCAA proceedings and has seen many offers submitted but ultimately rescinded · scope: parcel · status: bid_selected