Ontario · CCAA
Forty-Fifth Report of the Monitor, dated August 14, 2026
Court officer report · 14 August 2026
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 filing8 verified
- closing confirmedscope: the sale of the Hotel Property · outcome: not_completed · date basis: unstated
- operational summaryThe Pride Entities are in an orderly wind-down, selling remaining real property (here a vacant California parcel) while the Monitor investigates potentially reviewable transfers involving Sweet Home and Maplewood and seeks expanded investigatory powers.
- process resultsbids: 4 · note: Kern Property sale process; two offers in fall 2024 not accepted, and total of four offers over the marketing period
- purchaserDelane Capital Partners, LLC; Moment Hospitality LLC
- report date14 August 2026
- report noForty Fifth Report
- sale advisorColliers Tingey International, Inc.; CBRE; Avison Young
- sale outcometext: The Monitor recommends that the Court approve the Kern Sale Agreement · scope: parcel · status: pending_approval