British Columbia · CCAA
Second Report of the Monitor
Court officer report · 4 April 2023
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 filing4 verified
- cash on handnote: Ending cash per actual results for the three-week period ended April 2, 2023 · as at: 2023-04-02 · amount: 58345 · currency: CAD
- operational summaryThe Petitioners' Langley hangar was locked out by the landlord and its electronic file server disabled, temporarily impairing operations and access to financial records, while limited work continues at the Abbotsford facility; the Monitor views this combined with a negative cash flow variance as a material adverse change.
- report date4 April 2023
- report noSecond Report of the Monitor