Prince Edward Island · NOI
Second Report of the Proposal Trustee
Court officer report · 22 January 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 filing5 verified
- operational summaryThe Company has continued operating in the normal course during the NOI proceedings, engaging with its lender, employees, and suppliers while working on a restructuring plan potentially involving the refinancing or sale-leaseback of its real estate.
- professional feesnote: estimated fees incurred to date, plus applicable taxes; legal fees paid to date were $5,030 · party: Proposal Trustee (MNP Ltd.) · amount: 37000 · currency: CAD
- receipts cumulativesince: Nov 12 - Jan 20 (Cumulative Weeks 1 to 10) · amount: 750738 · currency: CAD
- report date22 January 2025
- report noSecond Report