Ontario · CCAA
Thirty-Fifth Report of the Monitor, dated January 9, 2026
Court officer report · 9 January 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 filing6 verified
- operational summaryThe Pride Entities are conducting an orderly wind-down, monetizing their real estate (25 of 45 properties sold, two more approved with closings pending) and distributing proceeds to secured mortgagees. The report supports approval of the Corrington and Meridian property sales and an interim distribution of PGL Going Concern Transaction proceeds for resolved vehicle priority claims.
- purchaserAmerican Property LLC; JBR Investments LLC
- report date9 January 2026
- report noThirty Fifth Report
- sale advisorCBRE, Inc.
- sale outcometext: Motion seeking approval of the Corrington Sale Agreement and the Meridian Sale Agreement, returnable January 15, 2026 · scope: parcel · status: pending_approval