Alberta · CCAA
06. Sixth Report of the Monitor
Court officer report · 25 May 2009
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 cash per budget-to-actual table, which includes $2,525K of funds held in trust (opening cash $4,041K + net change $45K + trust funds $2,525K). · as at: 2009-05-15 · amount: 6611000 · currency: CAD · qualifier: approximately
- operational summaryJED's operations have continued in the normal course with no material adverse changes since the Fifth Report. It retained its core employees and kept supplier services in place while it works toward a Plan of Arrangement.
- professional feesnote: Forecast figure ($25K per week for 7 weeks), not incurred fees. Total forecast CCAA costs of $725K also include a $550K retention bonus (KERP). · party: Estimated professional fees in the 6th Report Forecast (party not specified) · amount: 175000 · period: May 16, 2009 to July 3, 2009 (Forecast Period) · currency: CAD
- report date25 May 2009
- report noSixth Report of the Monitor