Ontario · CCAA
Monitor's Seventh Report
Court officer report · 12 September 2018
A plain-language read of this filing opens with a subscription.
What we verified from this filing2 verified
- fee scheduleengagements: form: prose · rows: · money: approximate: false · period: kind: unstated · approval: state: unstated · averages: rate: 618 · quote: The average hourly rate billed by the Monitor during the Current Period is $618.00. · currency: · invoices: · firm text: FTI Consulting Canada Inc. · firm quote: SEVENTH REPORT TO THE COURT SUBMITTED BY FTI CONSULTING CANADA INC., IN ITS CAPACITY AS MONITOR · context quote: SEVENTH REPORT TO THE COURT SUBMITTED BY FTI CONSULTING CANADA INC., IN ITS CAPACITY AS MONITOR
- recovery outcomeentries: basis: unstated · quote: The Distribution Order does not contemplate distributions to any subordinate creditors as, at the time that the Order was sought, it was expected that there would be a shortfall on account of the Syndicate Indebtedness. · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: subordinate creditors · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: The Distribution Order does not contemplate distributions to any subordinate creditors as, at the time that the Order was sought, it was expected that there would be a shortfall on account of the Syndicate Indebtedness. · pct of: unstated · outcome: shortfall · class key: secured · stated by: monitor · class label: Syndicate Indebtedness · creditor name: Syndicate · interim final: unstated · claims qualifier: unstated; basis: actual · quote: To date, approximately $41.2 million in distributions have been made to the Syndicate on account of the Syndicate Indebtedness, with the most recent distribution having been made in June of 2018. · pct of: unstated · outcome: distribution · class key: secured · stated by: monitor · amount low: 41200000 · cumulative: true · amount high: 41200000 · class label: Syndicate · creditor name: Syndicate · interim final: unstated · claims qualifier: unstated · stated on: 2018-09-11 · table missing: