British Columbia · CCAA
Third Report of the Monitor dated September 3, 2025
Court officer report · 3 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 filing5 verified
- cash on handnote: Closing cash per Variance Analysis for period ending August 27, 2025 · as at: 2025-08-27 · amount: 539892 · currency: CAD
- operational summaryThe Petitioners continue to operate in the ordinary course while pursuing BVD financing to exit CCAA, negotiating arrears repayment with CRA and ICBC, and preparing a Plan of Arrangement for unsecured creditors.
- professional feesnote: Actual disbursement vs budget of $171,000; broader Administration Charge secures fees of Monitor, its counsel, and Petitioners' counsel · party: Monitor and counsel (professional fees line item) · amount: 108660 · period: July 10 to August 27, 2025 · currency: CAD
- report date3 September 2025
- report noThird Report