Ontario · CCAA
Motion Record of the Monitor
Application / notice of application · 22 April 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 filing2 verified
- counselThornton Grout Finnigan LLP
- recovery outcomeentries: basis: actual · quote: Accordingly, while the DIP Facility has been fully repaid, there remains a significant shortfall in satisfying the indebtedness under the Credit Agreement. · pct of: unstated · outcome: shortfall · class key: secured · stated by: monitor · class label: Credit Agreement indebtedness (Cortland) · claims amount: 22337380 · creditor name: Cortland Credit Lending Corporation · interim final: unstated · claims qualifier: unstated · stated on: 2025-04-22 · table missing: