Ontario · CCAA
Sixth Report of the Monitor dated July 24, 2026
Court officer report · 24 July 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 filing22 verified
- report date24 July 2026
- report noSixth Report
- commencement date17 October 2025
- courtOntario Superior Court of Justice (Commercial List)
- court file noCL-25-00753537-0000
- proceeding typeCCAA proceeding
- provinceOntario
- statutory basisCompanies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
- secured creditorsSJHC (Surbana Jurong Holdings (Canada) Ltd.) as DIP Lender, secured by the DIP Lender's Charge up to $6 million plus interest, fees and expenses
- financial positiontotal proceeds: amount: 2674000 · currency: CAD · net proceeds available for distribution: amount: 2574000 · currency: CAD
- operational summarySince the Fifth Report, the Monitor administered the Claims Procedure, corresponded with creditors and counsel regarding the Claims Procedure, worked to resolve the Unresolved Claim, prepared the proposed Distribution Methodology, and prepared this Sixth Report.
- professional feesamount: 9798.25 · currency: CAD
- closing confirmedscope: the Subscribed Shares · outcome: completed · effective: 2026-01-30 · purchaser: SJHC · date basis: stated · approval order date: 2026-01-02
- fee scheduleengagements: form: time_summary · rows: Noah Goldstein; Jordan Wong; Tony Trifunovic; fees: 792 · hours: 3 · quote: Other Staff and administration | | 3.00 | 200-285 | 792.00 · rate max: 285 · rate min: 200 · row kind: bucket · rate kind: range · name as stated: Other Staff and administration · money: tax: label: HST · quote: HST | 1,282.72 · amount: 1282.72 · fees: quote: Total fees | | | 9,798.25 · amount: 9798.25 · total: quote: Total due | $ 11,149.83 · amount: 11149.83 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: Out-of-pocket disbursements | | | 68.86 · amount: 68.86 · period: end: 2026-06-30 · kind: invoice · quote: For the Period May 1 to June 30, 2026 · start: 2026-05-01 · approval: state: unstated · averages: rate: 602.97 · quote: Average hourly rate | | | | 602.97 $ · currency: · invoices: · firm text: AlixPartners Restructuring, Inc. · firm quote: AlixPartners Restructuring, Inc. as CCAA Monitor · hours total: quote: Total fees | | 16.25 | | 9,798.25 · value: 16.25 · context quote: the court-appointed monitor (the ' Monitor ') under the Companies' Creditors Arrangement Act (the ' CCAA ') of B+H Architects Corp.; form: invoice_listing · rows: Joseph J. Bellissimo; Joshua Gordon · money: tax: label: HST · quote: Total | 17,421.50 | 561.75 | 2,293.76 | 20,277.01 | 23.50 | 741.34 · amount: 2293.76 · fees: quote: Total | 17,421.50 | 561.75 | 2,293.76 | 20,277.01 | 23.50 | 741.34 · amount: 17421.5 · total: quote: Total | 17,421.50 | 561.75 | 2,293.76 | 20,277.01 | 23.50 | 741.34 · amount: 20277.01 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: Total | 17,421.50 | 561.75 | 2,293.76 | 20,277.01 | 23.50 | 741.34 · amount: 561.75 · period: end: 2026-06-30 · kind: cumulative · quote: Calculation of Average Hourly Billing Rates of Cassels Brock & Blackwell LLP for the period May 1, 2026 to June 30, 2026 · start: 2026-05-01 · approval: state: unstated · averages: rate: 741.34 · quote: The average hourly rate charged by Cassels was $741.34. · currency: code: CAD · quote: TOTAL (CAD) · invoices: tax: 2243.51 · fees: 17035 · quote: #2331827 (May 1, 2026 - May 31, 2026) | 17,035.00 | 561.75 | 2,243.51 | 19,840.26 | 23.00 | 740.65 · total: 19840.26 · period end: 2026-05-31 · average rate: 740.65 · period start: 2026-05-01 · disbursements: 561.75; tax: 50.25 · fees: 386.5 · quote: #2334843 (June 1 to June 30, 2026) | 386.50 | 0.00 | 50.25 | 436.75 | 0.50 | 773.00 · total: 436.75 · period end: 2026-06-30 · average rate: 773 · period start: 2026-06-01 · disbursements: 0 · firm text: Cassels Brock & Blackwell LLP · firm quote: Cassels Brock & Blackwell LLP for the period May 1, 2026 to June 30, 2026 · hours total: quote: Total | 17,421.50 | 561.75 | 2,293.76 | 20,277.01 | 23.50 | 741.34 · value: 23.5 · context quote: The average hourly rate charged by Cassels was $741.34.
- operational summaryResidualCo is a non-operating residual entity holding excluded assets/liabilities from the completed sale transaction; the Monitor is administering the claims process and preparing distributions, with only professional fees anticipated as ongoing costs.
- professional feesnote: Excludes disbursements and HST; Cassels' fees for the same period were $17,421.50 · party: AlixPartners (Monitor) · amount: 9798.25 · period: May 1, 2026 to June 30, 2026 · currency: CAD
- purchaserSurbana Jurong Holdings (Canada) Ltd.
- recovery outcomeentries: basis: estimated · quote: would result in a recovery of approximately 8.5%, as more specifically set out in the following table. · pct of: unstated · outcome: distribution · pct low: 8.5 · pct high: 8.5 · class key: unsecured · stated by: monitor · amount low: 2574000 · amount high: 2574000 · class label: Creditors holding Accepted Claims and the Unresolved Claim (pro rata, pari passu) · claims amount: 30218000 · interim final: unstated · conditional on: Unresolved Claim determined to be a Proven Claim · claims qualifier: unstated; basis: estimated · quote: The Monitor notes that if the Unresolved Claim is withdrawn or disallowed, the recovery on account of the Accepted Claims would increase to 9.8%. · pct of: unstated · outcome: distribution · pct low: 9.8 · pct high: 9.8 · class key: unsecured · stated by: monitor · class label: Accepted Claims (if the Unresolved Claim is withdrawn or disallowed) · claims amount: 26264000 · interim final: unstated · conditional on: the Unresolved Claim is withdrawn or disallowed · claims qualifier: unstated · stated on: 2026-07-24 · table missing:
- report date24 July 2026
- report noSixth Report
- sale outcometext: The Transaction closed on January 30, 2026. · scope: whole_business · status: closed
- stalking horseSurbana Jurong Holdings (Canada) Ltd. (2470000)