Quebec · CCAA
Sixth Report to the Court submitted by Deloitte Restructuring Inc. in its Capacity as Monitor
Court officer report · 8 May 2019
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 filing7 verified
- cash on handnote: Net cash - End of the eleven-week period ended May 4, 2019, per budget-to-actual cash flow table (in $000) · as at: 2019-05-04 · amount: 818000 · currency: CAD
- disbursementsnote: Total Disbursements for the eleven-week period ended May 4, 2019 (in $000) · since: beginning of the 11-week cash flow period (approx. Feb 2019) · amount: 719000 · currency: CAD
- operational summaryThe CCAA Parties are no longer operating or collecting accounts receivable, as substantially all business operations of the Vendors are now performed by the Purchaser (FNX-Innov), with the Monitor focused on implementing the Transaction, resolving disputes, and monetizing remaining assets.
- professional feesnote: Actual professional fees - CCAA proceedings $160K and professional fees - Other $277K (in $000) · party: Monitor, Monitor's counsel, and Applicants' counsels · period: 11-week period ended May 4, 2019 · currency: CAD
- receipts cumulativenote: Total Collections for the eleven-week period ended May 4, 2019 (in $000) · since: beginning of the 11-week cash flow period (approx. Feb 2019) · amount: 754000 · currency: CAD
- report date8 May 2019
- report noSixth Report