British Columbia · CCAA

Thirteenth Report of the Monitor

Court officer report · 7 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 is administratively insolvent because funding under the court-approved DIP Loan has not been advanced; discussions with potential purchasers have produced no signed Asset Purchase Agreement or deposit, and the Monitor supports a short stay extension to June 28, 2024 so creditors can seek instructions.
report date7 June 2024
report noThirteenth Report