Ontario · CCAA
The purpose of this thirty-fifth report of the Monitor (the "Thirty-Fifth Report") is to report to this Honourable Court on the following matters: a) consolidated cash position and liquidity as at January 2, 2010; b) actual receipts and disbursements from November 29, 2009 to January 2, 2010; c) cash flow forecast for the period from January 3 to April 24, 2010; d) Canadian Funding and Settlement Agreement ("CFSA"); e) advanced pricing agreement; f) NNI Loan Agreement; g) current status of the Group Supplier Protocol Agreement ("GSP A"); h) status of foreign proceedings; i) progress on restructuring; j) request for an extension of the stay of proceedings until April 23, 2010; and k) Advanced Pricing Agreement with Canada Revenue Agency
Court officer report · 18 January 2010
What we verified from this filing4 verified
- closing confirmedscope: the Enterprise Solutions business · outcome: completed · effective: 2009-12-18 · date basis: stated · approval order date: 2009-09-16; scope: the CDMA business/LTE Access assets · outcome: completed · effective: 2009-11-13 · date basis: stated
- purchaserprice: note: amount stated in millions · basis: cash · amount: 874 · sealed: false · currency: USD · scope: the sale of the Enterprise assets · status: closed · structure: assets · name source: recital · relationship: unstated; GENBAND Inc.
- recovery outcomeentries: basis: estimated · quote: While those individuals awarded hardship payments should also have claims against the Applicants in the CCAA proceedings, it is not anticipated that any distributions under a plan of compromise or arrangement will occur in the near term. · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: employees with claims in the CCAA proceedings · interim final: unstated · conditional on: in the near term · claims qualifier: unstated · stated on: 2010-01-18 · table missing:
- stalking horseGENBAND Inc. (282)