Ontario · CCAA
Sixth Report of the Monitor - The Fuller Landau Group Inc - 28-AUG-2026
Court officer report · 28 August 2026
What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: In the event the Program is implemented and there is full participation by Merchants, the Merchant Recovery Program is expected to result in recovery rate of 100% in respect of Merchant Shortfall Claims under $5,000 (such Merchants, the ' Convenience Class Merchants ') , and approximately 54% in respect of remaining Merchant Shortfall Claims (subject to satisfaction of all applicable conditions). · pct of: unstated · outcome: distribution · pct low: 100 · pct high: 100 · class key: unsecured · stated by: monitor · class label: Convenience Class Merchants · interim final: unstated · conditional on: In the event the Program is implemented and there is full participation by Merchants · claims qualifier: unstated; basis: estimated · quote: As noted above, assuming a 100% participation rate, the Monitor estimates that Participating Merchants in good standing who are not Convenience Class Merchants would recover approximately 54% of their Merchant Shortfall Claims over the 60 month period. · pct of: unstated · outcome: distribution · pct low: 54 · pct high: 54 · class key: unsecured · stated by: monitor · class label: remaining Merchant Shortfall Claims (Participating Merchants other than Convenience Class Merchants) · interim final: unstated · conditional on: assuming a 100% participation rate, over the 60 month period · claims qualifier: unstated; basis: estimated · quote: The $3 million of Non-Participating Merchants will receive no distributions under the Program. · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: Non-Participating Merchants · claims amount: 3000000 · interim final: unstated · claims qualifier: estimated · stated on: 2026-08-28 · table missing: