Alberta · CCAA
Fourth Report of the Monitor dated April 25, 2025
Court officer report · 25 April 2025
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
- recovery outcomeentries: basis: plan · quote: As a result, the Applicants were able to negotiate additional funding for the Plan and improved the quantum of the Creditor Cash Pool to increase the projected cash distribution from 55% to 70%. · pct of: unstated · outcome: distribution · pct low: 70 · currency: CAD · pct high: 70 · class key: unsecured · stated by: monitor · class label: OpCo Unsecured Creditors · interim final: unstated · currency quote: $CAD · cents on dollar: 70 · claims qualifier: unstated; basis: unstated · quote: Stoke Canada Finance Corp. ( Stoke ), the senior secured lender of OpCo, will have its claim paid in full; · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: court · class label: Stoke Canada Finance Corp. · creditor name: Stoke Canada Finance Corp. · interim final: unstated · claims qualifier: unstated · stated on: 2025-04-25 · table missing: