Ontario · CCAA

The purpose of this One Hundred and Fourth Report of the Monitor (the "One Hundred and Fourth Report") is to report to this Court on the following matters: a) consolidated cash position and liquidity of the Applicants as at March 1, 2014; b) actual receipts and disbursements of the Applicants from January 19, 2014 to March 1, 2014; c) cash flow forecast of the Applicants for the period March 2, 2014 to October 4, 2014; d) status of the Applicants' claims process; e) status of the Applicants' Compensation Claims Process; f) information in support of the motion for an Order permitting the Monitor to review and adjudicate certain Compensation Claims in respect of which Form C Proofs of Claim were received after the relevant bar date; g) status of the Health and Welfare Trust ("HWT"); h) status of the Termination Fund; i) status of the Employee Hardship Application Process and Fund and provide information to the Court in support of the request to extend the Hardship Application Process through the stay extension period; j) status of allocation and related claim matters pending under the Allocation Protocol approved by this Court and the U.S. Court on April 3, 2013 (the "Allocation Protocol" and all litigation and claims subject thereto, the "Allocation Protocol Litigation"); k) various other ongoing matters relevant to the CCAA proceedings; l) request for an amendment to the Order (Distribution Escrow Agreement Amendments) of this Court dated February 10, 2014, to address the fees of JPMorgan Chase Bank, N.A., as escrow agent (the "Escrow Agent") in connection with the investment of approximately $7.3 billion of sale proceeds from the Nortel line of business and residual IP sales (the "Sale Proceeds"); m) status of foreign proceedings; and n) request for an order that the stay of proceedings be extended up to and including October 3, 2014

Court officer report · 14 March 2014