Quebec · CCAA
Sixth Report of the Monitor
Court officer report · 13 August 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: Closing Available Cash Balance per actual vs. forecast comparison for the 12 weeks ended August 9, 2025; Restricted Funds of $600,737 shown separately. · as at: 2025-08-09 · amount: 2015048 · currency: CAD
- disbursementssince: start of the 12-week actual period (cumulative to August 9, 2025) · amount: 733442 · currency: CAD
- operational summaryStokes has completed the sale of its inventory, IP and store leases to Hart Stores; the Monitor is now overseeing claims reconciliation and finalizing a Plan of Compromise or Arrangement for creditor distribution, with some residual pre-closing operations still winding down.
- professional feesnote: Cumulative actual professional fees disbursed; includes fees paid to McCarthy, EY and Davies collectively. · party: Restructuring professionals (McCarthy, EY and Davies) · amount: 442498 · period: 12 weeks ended August 9, 2025 · currency: CAD
- receipts cumulativenote: Actual total cash receipts were nil against a projected $682,501 due to a timing difference in deposit collection. · since: start of the 12-week actual period (cumulative to August 9, 2025) · amount: 0 · currency: CAD
- report date13 August 2025
- report noSixth Report