Quebec · CCAA
Third Report to the Court submitted by the Monitor dated September 25, 2025 (Original French Version)
Court officer report · 25 September 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 filing7 verified
- cash on handnote: Consolidated cash balance of the CCAA Parties; Annex A shows liquidités disponibles à la fin of 526.8 (thousands) for the 17-week period ending 20 September 2025. · as at: 2025-09-21 · amount: 527 · currency: CAD · qualifier: in thousands of dollars (527 k$)
- disbursementsnote: Total Décaissements per Annex A (562.0 thousand vs budget 779.3 thousand); period figure for the 17 weeks, not necessarily since the filing date. · since: 17-week period ending 2025-09-20 · amount: 562000 · currency: CAD
- operational summaryThe CCAA parties have ceased manufacturing and, with the Monitor running the estate, are carrying out the environmental rehabilitation plan and monitoring, addressing newly identified contamination at the Varennes land, and pursuing a transfer of the landlocked lot to the FIPME, with the claims process producing no proofs of claim.
- professional feesnote: Actual professional fees disbursements per Annex A (285.8 thousand vs budget 320.0 thousand); not broken out by party. · party: Professional fees in general (Pétromont's counsel, the Monitor and its counsel) · amount: 285800 · period: 17 weeks ended 2025-09-20 · currency: CAD
- receipts cumulativenote: Total Encaissements per Annex A (957.2 thousand), including 800.0 thousand of interim financing; period figure for the 17 weeks, not necessarily since the filing date. · since: 17-week period ending 2025-09-20 · amount: 957200 · currency: CAD
- report date25 September 2025
- report noTroisième rapport