Ontario · CCAA
Imperial Tobacco - Monitor's Thirtieth Report
Court officer report · 12 August 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 filing4 verified
- operational summaryThe report concerns a motion for a Banking Arrangements Order to approve BMO as trustee and bare trustee, the Imperial Global Settlement Trust and Supplemental Trust arrangements, and investment guidelines needed to implement the Imperial CCAA Plan; it contains no operational update on the debtor's business.
- professional feesnote: Proposed trustee fee of 0.04% of average market value of assets under administration in all Trust Accounts, subject to an annual minimum of $1,000,000; plus reimbursement of legal, tax preparation and out-of-pocket expenses, paid quarterly from the Trust Accounts. The minimum is subject to renegotiation once QCAP/PCC trust funds are depleted. No aggregate fee amount is stated. · party: BMO Trust Company (proposed trustee/bare trustee) · period: annual · currency: CAD
- report date12 August 2025
- report noThirtieth Report of the Monitor