Ontario · CCAA
UNREDACTED 2026 - 42nd Report of the Monitor
Court officer report · 1 July 2026
Also filed as: UNREDACTED 2026 - 41st Report of the Monitor
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 filing5 verified
- cash on handnote: Cash and cash equivalents; also approximately $78.8 million as at March 31, 2023 (ending balance 78,774 thousand). DIP Lender principal and interest owed approximately $191.8 million as at April 30, 2023. · as at: 2023-04-30 · amount: 78200000 · currency: USD · qualifier: approximately
- operational summaryCrystallex remains under CCAA protection, funded by DIP financing and existing cash while pursuing enforcement of its US$1.202 billion arbitration Award against Venezuela. It projects no payments from Venezuela and no DIP repayments through September 30, 2023, with sufficient cash to sustain operations.
- professional feesnote: Actual Arbitration and CCAA Costs of $2,973 thousand versus forecast $8,863 thousand; favourable variance attributed to lower-than-expected US and Canadian professional fees. Not stated as the Monitor's own fees alone. · party: Applicant's Arbitration and CCAA Costs (legal and professional fees of the Applicant's counsel, tax accountant, the Monitor and its counsel, and DIP Lender counsel) · amount: 2973000 · period: October 1, 2022 to March 31, 2023 · currency: USD
- report date18 May 2023
- report noForty-First Report