Ontario · CCAA

The purpose of this fifty-fifth report of the Monitor (the "Fifty-Fifth Report") is to report to this Honourable Court on the following matters: a) consolidated cash position and liquidity as at October 2, 2010; b) actual receipts and disbursements from June 27, 2010 until October 2, 2010; c) cash flow forecast for the period from October 3, 2010 until February 28, 2011; d) consolidated Canadian entities' net inter-company position by region; e) status of claims process and cross border claims protocol; f) current status of the Group Supplier Protocol Agreement ("GSPA"); g) status of Health and Welfare Trust ("HWT"); h) status of Termination Fund (defined below); i) status of the Employee Hardship Application Process and Fund; j) status of the transfer of the defined benefit pension plans to Morneau Sobeco Limited Partnership ("Morneau Sobeco"), the replacement pension Administrator; k) progress on restructuring and allocation matters; l) status of foreign proceedings; and m) the Applicants' request for orders approving: i. an extension of the stay of proceedings until February 28, 2011; ii. an extension of the Employee Hardship Process (defined below); and iii. reimbursement to NNL of the Goldman Fee from the LON Sale Proceeds

Court officer report · 21 October 2010