Ontario · NOI
Third Report of the Proposal Trustee dated June 6, 2024
Court officer report · 6 June 2024
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 filing3 verified
- operational summaryThe company continues to operate under NOI proceedings, experiencing a cash constraint due to slow customer payment cycles despite an uptick in new projects, and requires additional DIP financing to cover payroll, rent, HST and other operating costs.
- report date6 June 2024
- report noThird Report