British Columbia · CCAA

Fourth Report of the Monitor

Court officer report · 21 October 2024

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 filing3 verified

purchaserStonemark Investments Ltd.; TerraLink Horticulture Inc.; price: sealed: false · scope: 2605 Acland Road, Kelowna, B.C. (the 'Acland Property') · status: approved · name note: purchaser of the Acland Property, unnamed · structure: real_property · name source: recital · relationship: unstated; B.C. Investment Agriculture Foundation
recovery outcomeentries: basis: plan · quote: Accordingly, Growers will be paid in full for fruit deliveries in late 2023 and in 2024 (after adjustments) and the IAF will assume the risk, as an unsecured creditor, of recovering the amounts of the Growers Claims assigned to it in these CCAA Proceedings. · pct of: unstated · outcome: paid_in_full · class key: unsecured · stated by: monitor · class label: Growers · interim final: unstated · conditional on: Grower must sell and assign their Proven Grower Claim to the IAF pursuant to the FAA · claims qualifier: unstated · stated on: 2024-10-21 · table missing:
sale advisorMaynards Liquidation Group Inc.