Ontario · CCAA

Pre-filing Report of the Proposed Monitor

Pre-filing report · 23 January 2025

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 filing1 verified

secured creditorsnote: Document states the DIP Lender's Charge is subordinate to Firm Capital's mortgages, then the Administration Charge, then the security interests of the Debtors' other Secured Creditors. The Debtors are stated to have eight secured creditors in total, but only Firm Capital is named; the remaining seven are unnamed and no amounts are disclosed for any of the eight. · page: 13 · debtor: The Debtors (2744364 Ontario Limited o/a True North Cannabis Co, 2668905 Ontario Inc. o/a Bamboo Blaze, 2767888 Ontario Inc.) · creditor: Firm Capital Mortgage Fund Inc. · currency: CAD · security: Twenty-six (26) registered mortgages against the Debtors' properties (count only; no balance or registered principal amount stated)