Quebec · CCAA
Sixth Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Monitor
Court officer report · 16 March 2015
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 handnote: Actual ending bank balance for the 7-week period ended March 15, 2015 (beginning balance $51,299). · as at: 2015-03-15 · amount: 163885 · currency: CAD
- operational summaryThe Companies continue testing programs and discussions with potential clients on a commercial agreement for the RHS technology and are seeking additional DIP financing to launch an investor solicitation; no commercial agreement has yet been reached.
- professional feesnote: Actual disbursement vs. budget of $180,000; favourable variance attributed to timing. Report does not break out fees by individual professional or state HST treatment. · party: Professional fees disbursed (Petitioners' estate, unspecified professionals) · amount: 132449 · period: 7-week period ended March 15, 2015 · currency: CAD
- report date16 March 2015
- report noSixth Report