British Columbia · CCAA

Monitor's Sixth Report to Court

Court officer report · 24 January 2025

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What we verified from this filing1 verified

recovery outcomeentries: basis: unstated · quote: the Monitor is authorized and directed to distribute to CWB: - a. the Real Estate Proceeds of $6.6 million, less a holdback of $50,000 to pay professional fees secured by the New Administration Charge; and - b. $810,000 from the Asset Sale Proceeds pursuant to the Interim Financing Charge as repayment of the interim financing facility; and · pct of: unstated · outcome: distribution · class key: secured · stated by: monitor · amount low: 6600000 · amount high: 6600000 · class label: CWB · creditor name: Canadian Western Bank (CWB) · interim final: interim · claims qualifier: unstated · stated on: 2025-01-24 · table missing: