Alberta · NOI
Second Report of Proposal Trustee - 16Jun20 - Olympus
Court officer report · 16 June 2020
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 handas at: 2020-06-06 · amount: 95059 · currency: CAD
- operational summaryOlympus is not operating stores (having previously sold locations to FMI) and is focused on resolving uncertain landlord claims via a proposed claims process before it can formulate a viable proposal; management continues restructuring efforts including a potential amalgamation with Hi-Flyer.
- professional feesnote: Fees are covered under retainers/fee agreements provided by Hi-Flyer and not reflected in the Company's cash receipts and disbursements or forecast; no amount stated. · party: Proposal Trustee and legal counsel to the Company · currency: CAD
- report date16 June 2020
- report noSecond Report