Ontario · CCAA
Forty-Third Report of the Monitor, dated June 30, 2026
Court officer report · 30 June 2026
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
- closing confirmedscope: the PGL Going Concern Transaction · outcome: completed · effective: 2024-11-07 · date basis: stated · approval order date: 2024-09-26
- operational summaryThe Pride Entities are conducting an orderly wind-down, selling remaining real estate (e.g., the Pompano Property), resolving remaining multiple collateral vehicle claims, and finalizing soft collection reconciliations, with a Block 6 claims review ongoing and the stay period extended to September 30, 2026.
- professional feesnote: Factoring Direct Costs aggregate; comprises Pride Entities' Canadian counsel approx. $164,051, Monitor's fees approx. $151,433, and Monitor's counsel approx. $75,979. Excludes allocation of CRO fees and general CCAA costs, and costs incurred from June 1, 2026. Tax treatment not stated. · party: Pride Entities' counsel, the Monitor and the Monitor's counsel (Factoring Direct Costs) · amount: 391463.37 · period: incurred as of May 31, 2026 · currency: CAD
- purchaserprice: note: The purchase price is USD $3,500,000 and the closing date is May 29, 2024 · basis: cash · amount: 3500000 · sealed: false · currency: USD · scope: certain property in Chehalis, Washington (the 'Chehalis Property') and the other assets described in the Sale Agreement · status: closed · name note: the Purchaser of the Chehalis Property, unnamed in the excerpted portions of this report · structure: real_property · name source: recital · relationship: unstated; 981 13th Street, LLC
- report date30 June 2026
- report noForty Third Report of the Monitor
- sale advisorCBRE
- sale outcometext: The Pride Entities' motion returnable July 7, 2026 seeks approval of the Pompano Sale Agreement · scope: parcel · status: pending_approval