British Columbia · CCAA

Pre-Filing Report of the Proposed Monitor dated June 6, 2025

Pre-filing report · 6 June 2025

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

secured creditorsnote: Report states O&F has secured debt of approximately $3.19 million, as set out in the Kang Affidavit (affirmed June 6, 2025). Approximate figure; no individual secured creditors named and no security described. Report adds that O&F is not seeking to prime any secured creditors with the proposed Administration Charge at this time (the charge is proposed to rank ahead of unsecured creditors only). · page: 5 · amount: 3190000 · debtor: Oak and Fort Corp. et al (O&F) · creditor: Secured creditors (aggregate as reported) · currency: CAD
unsecured creditorsnote: Approximate figure; no individual creditors named. Report states O&F is in arrears with virtually all of its landlords and suppliers. · page: 5 · basis: As set out in the Kang Affidavit: unsecured debt of approximately $17.35 million with its Canadian entities · amount: 17350000 · debtor: O&F Canadian entities · creditor: Unsecured creditors (aggregate as reported) - Canadian entities · currency: CAD
unsecured creditorsnote: Approximate figure; no individual creditors named. All currency references in the Report are to Canadian dollars (section 1.2). · page: 5 · basis: As set out in the Kang Affidavit: unsecured debt of approximately $4.59 million with its U.S. entities · amount: 4590000 · debtor: O&F U.S. entities · creditor: Unsecured creditors (aggregate as reported) - U.S. entities · currency: CAD