Alberta · NOI
Fourth report of the proposal trustee, September 30, 2020
Court officer report · 30 September 2020
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
- cash on handas at: 2020-09-29 · amount: 255401 · currency: CAD · qualifier: approximate
- operational summaryOlympus has no ongoing operations or employees since late 2019, having sold most KFC franchise locations to FMI, and continues to be managed remotely by Hi-Flyer while attempting to formulate a proposal to creditors.
- professional feesnote: Forecast disbursement, not incurred fees to date; legal counsel to the Company's fees contemplated to be paid by Hi-Flyer. · party: Proposal Trustee and its legal counsel · amount: 95000 · period: September 27, 2020 to October 31, 2020 (forecast) · currency: CAD
- report date30 September 2020
- report noFourth Report