Alberta · CCAA
Third Report of the Monitor - Filed
Court officer report · 25 February 2020
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What we verified from this filing7 verified · 1 withheld
- cash on handnote: This is a projected ending cash balance at the end of the Forecast Period, not a stated current cash position. · as at: 2020-06-20 · amount: 245200 · currency: CAD · qualifier: forecast/projected, not actual
- operational summaryThe Companies are winding down operations through a court-approved sale process, selling the ARS Assets and remaining assets via auction, while continuing limited operations under the Diavik Cement Contract with one remaining employee.
- professional feesnote: Forecasted disbursement, includes roll forward of a positive variance of $255,000 from the Variance Period. · party: Monitor and Monitor's legal counsel · amount: 550000 · period: seventeen week Forecast Period ending June 20, 2020 · currency: CAD
- purchaserARS Trucking & Welding Ltd.; IronPlanet Canada Ltd.
- report date25 February 2020
- report noThird Report of the Monitor
- sale advisorIronPlanet Canada Ltd.
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.