Quebec · CCAA
Tenth Report to the Court Submitted by Deloitte Restructuring Inc. in its Capacity as Monitor
Court officer report · 3 July 2015
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 filing5 verified
- cash on handnote: Ending bank balance for the 6-week period ended June 21, 2015, per the actual receipts and disbursements statement. · as at: 2015-06-21 · amount: 380232 · currency: CAD
- operational summaryThe Companies continue to pursue commercial testing and discussions with a potential environmental solution client, are running an unsuccessful-so-far Capital Raise process, and are exploring a partnership with a Manufacturer to reduce capital costs, with the Monitor also contacting auctioneers as a fallback.
- professional feesnote: Actual figure was significantly below budget of $260,000 due to the Capital Raise process requiring less professional involvement than anticipated. · party: Professionals engaged in the Capital Raise process · amount: 92560 · period: 6-week period ended June 21, 2015 · currency: CAD
- report date3 July 2015
- report noTenth Report