Ontario · NOI
Second Supplement to the First Report of the Trustee dated October 2, 2025 (Appendix A - E)
Court officer report · 2 October 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 filing5 verified
- cash on handnote: Described as 'the remaining proceeds of the Companies' assets' available for the Secured Claim Distribution Scheme, attributed 43.33% to P3 and 56.67% to United Edge; not stated as a cash-on-hand balance as at a date. · amount: 641371.13 · currency: CAD
- closing confirmedscope: all of the equipment and assets of the debtor company [P3], including the Surgenor Collateral · outcome: completed · date basis: unstated · approval order date: 2025-07-30
- report date2 October 2026
- report noSecond Supplement to the First Report
- sale outcometext: The Surgenor Collateral and P3's assets were sold to a purchaser under an approval and vesting order made in July 2025; the Trustee now seeks to distribute the proceeds to secured creditors and Surgenor disputes its share. · scope: whole_business · status: closed