British Columbia · CCAA
Seventh Report of the Monitor
Court officer report · 1 April 2025
What we verified from this filing5 verified
- purchaserTrafigura Holding S.a r.l.
- recovery outcomeentries: basis: estimated · quote: while the Stalking Horse Bid would not see any recovery to unsecured creditors of MFM, other than certain retained liabilities, it sets a baseline price that may result in superior bids under the Second SISP; · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · table missing:
- sale advisorFTI Capital Advisors - Canada ULC; Maynards Industries II Canada Ltd.
- sale outcometext: Second SISP proposed with Stalking Horse Bid as baseline; previous SISP did not result in a completed transaction · scope: whole_business · status: process_approved
- stalking horseTrafigura Holding S.a r.l.