Quebec · CCAA

Twelfth Report of the Monitor

Court officer report · 10 May 2017

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 filing1 verified

secured creditorsnote: No specific outstanding balance stated in this report; document refers only to 'Callidus' secured debt' and 'the security held by Callidus' without a dollar figure. Dispute noted regarding calculation of interest on credit facilities extended by Callidus (subject of Callidus's leave-to-appeal application, dismissed with costs). · page: 22 · as of: November 12, 2015 (date of beginning of the CCAA proceedings) · debtor: 9354-9178 Québec Inc. (formerly Bluberi Group Inc.) and 9354-9186 Québec Inc. (formerly Bluberi Gaming Technologies Inc.) · creditor: Callidus Capital Corporation · currency: CAD · security: Security interest described as 'main secured creditor of Bluberi'; security also perfected in the State of Nevada, USA per April 8, 2016 order