Ontario · CCAA
Motion Record of the Monitor dated September 4, 2026
Application / notice of application · 4 September 2026
What we verified from this filing2 verified
- fee scheduleengagements: form: prose · rows: · money: approximate: false · period: kind: unstated · label: the Period · quote: the Monitor's average hourly rate for the Period was $679.03 · approval: state: unstated · averages: rate: 679.03 · quote: the Monitor's average hourly rate for the Period was $679.03 · currency: · invoices: · firm text: AlixPartners Restructuring Inc. · firm quote: AlixPartners Restructuring Inc. (formerly KSV Restructuring Inc.), in its capacity as Monitor · context quote: in its capacity as Monitor; form: prose · rows: · money: approximate: false · period: kind: unstated · label: Relevant Period · quote: during the Relevant Period, at an average hourly rate of $888.44 · approval: state: unstated · averages: rate: 888.44 · quote: at an average hourly rate of $888.44 · currency: · invoices: · firm text: Goodmans · firm quote: Goodmans expended a total of 79 hours in connection with this matter during the Relevant Period, at an average hourly rate of $888.44 · hours total: quote: Goodmans expended a total of 79 hours in connection with this matter during the Relevant Period · value: 79 · context quote: Lawyers for the Monitor Applicant
- recovery outcomeentries: basis: plan · quote: Affected Creditors with Proven Claims (other than Claire ' s Liquidating Trust) are estimated to receive distributions in the aggregate amount of approximately $1.36 million to $1.45 million, representing approximately 58% to 62% of their Proven Claims, within the timeline prescribed by the Plan. · pct of: proven_claims · outcome: distribution · pct low: 58 · pct high: 62 · class key: unsecured · stated by: monitor · amount low: 1360000 · amount high: 1450000 · class label: Affected Creditors (other than Claire's Liquidating Trust) · interim final: unstated · related party: false · claims qualifier: unstated; basis: plan · quote: Claire ' s Liquidating Trust is estimated to recover approximately 7% to 9% in respect of the Claire ' s US Allowed Claim; · pct of: unstated · outcome: distribution · pct low: 7 · pct high: 9 · class key: unsecured · stated by: monitor · class label: Claire's Liquidating Trust (Claire's US Allowed Claim) · creditor name: Claire's Liquidating Trust · interim final: unstated · claims qualifier: unstated; basis: plan · quote: All Persons holding Equity Claims shall not be entitled to vote at the Creditors' Meeting and shall not receive any distributions under the Plan or otherwise receive any other compensation in respect of their Equity Claims. · pct of: unstated · outcome: nil · class key: equity · stated by: monitor · class label: Equity Claims · interim final: unstated · claims qualifier: unstated; basis: plan · quote: All Persons holding Intercompany Claims shall not be entitled to vote at the Creditors' Meeting, and all Persons holding Intercompany Claims, other than Claire's Liquidating Trust in respect of the Claire's US Allowed Claim, shall not receive any distributions under the Plan or otherwise receive any other compensation in respect of their Intercompany Claim. · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: Intercompany Claims (other than Claire's US Allowed Claim) · interim final: unstated · related party: true · claims qualifier: unstated · stated on: 2026-09-04 · table missing: A comparison of estimated distributions pursuant to the Plan versus estimated straight pro rata distributions in a bankruptcy is set out below: