Ontario · CCAA
Thirty First Report of the Monitor
Court officer report · 16 December 2024
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What we verified from this filing1 verified
- recovery outcomeentries: basis: actual · quote: In accordance with an Order of this Court Dated November 28, 2013, distributions totalling $31.7 million, inclusive of interest, were made to Roseway on June 10, 2015 and September 4, 2015, in full and final satisfaction of all amounts owing to it. · pct of: unstated · outcome: paid_in_full · currency: CAD · class key: secured · stated by: monitor · amount low: 31700000 · cumulative: true · amount high: 31700000 · class label: Roseway Capital S.a.r.l. (senior secured lender) · claims amount: 25700000 · creditor name: Roseway Capital S.a.r.l. · interim final: final · currency quote: distributions totalling $31.7 million, inclusive of interest, were made to Roseway on June 10, 2015 and September 4, 2015, in full and final satisfaction of all amounts owing to it · claims qualifier: unstated; basis: actual · quote: To date, approximately CDN$59 million has been generated in these proceeding through well-timed divestments in the Portfolio Companies, resulting in all secured and unsecured creditors being paid out in full and remaining proceeds from realization of the Portfolio being available for equity holders. · pct of: unstated · outcome: paid_in_full · currency: CAD · class key: unsecured · stated by: monitor · class label: all secured and unsecured creditors · interim final: unstated · currency quote: CDN$59 million · claims qualifier: unstated; basis: estimated · quote: Approximately $4.7 million is available for distribution to Class 'A' Shareholders (the ' Available Funds '), net of the estimated cost of making such distribution, and the fees of the Fund and the Monitor until the CCAA Termination Time. · pct of: unstated · outcome: distribution · class key: equity · stated by: monitor · amount low: 4700000 · amount high: 4700000 · class label: Class 'A' Shareholders · interim final: unstated · conditional on: net of the estimated cost of making such distribution, and the fees of the Fund and the Monitor until the CCAA Termination Time; does not consider the potential realization of the Remaining Investment · claims qualifier: unstated · stated on: 2024-12-16 · table missing: