Ontario · CCAA
Twenty Eighth Report of the Monitor
Court officer report · 31 July 2020
Also filed as: Twenty Eighth Report of the Monitor; Twenty Eighth Report of the Monitor; Twenty Eighth Report of the Monitor; Twenty Eighth Report of the Monitor
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 filing8 verified
- cash on handnote: Combined balance of the Consolidated Bankruptcy Account and the LP CCAA Account · as at: 2020-07-27 · amount: 6256219.39 · currency: CAD
- disbursementsnote: Total disbursements in the LP CCAA Account · since: date of bankruptcy (March 1, 2019) · amount: 1131066.73 · currency: CAD
- operational summaryThe Monitor continues to administer the consolidated bankruptcy estate, including build-out and sale of the Edge Space, resolving the Tarion Performance Audit and related claims, and preparing to make an interim distribution to trust and lien claimants.
- professional feesnote: Cost estimate for completing the CCAA administration, not fees already incurred. · party: Monitor & Legal Counsel · amount: 450000 · currency: CAD
- receipts cumulativenote: Total Receipts in the LP CCAA Account, including subtotal transfer · since: date of bankruptcy (March 1, 2019) · amount: 5258104.06 · currency: CAD
- recovery outcomeentries: basis: estimated · quote: $72,949.42 to the Lien Claimants; and · pct of: unstated · outcome: distribution · class key: landlord · stated by: monitor · amount low: 72949.42 · amount high: 72949.42 · class label: Lien Claimants · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: $1,697,978 to the admitted Trust Claims on a pro rata basis. · pct of: unstated · outcome: distribution · class key: deemed_trust · stated by: monitor · amount low: 1697978 · amount high: 1697978 · class label: admitted Trust Claims · interim final: unstated · conditional on: on a pro rata basis · claims qualifier: unstated · stated on: 2020-07-31 · table missing:
- report date31 July 2020
- report noTwenty-Eighth Report