Newfoundland and Labrador · CCAA
Monitor's Sixth Report dated March 27, 2025.pdf
Court officer report · 27 March 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 filing1 verified
- recovery outcomeentries: basis: actual · quote: As described in the Fifth Report, a distribution of $197,659.38 representing 20% of the net sale proceeds was paid to the DIP Lender, Pillar Capital Corp, as agreed by the secured creditors. · pct of: unstated · outcome: distribution · pct low: 20 · pct high: 20 · class key: secured · stated by: monitor · amount low: 197659.38 · amount high: 197659.38 · class label: DIP Lender, Pillar Capital Corp · creditor name: Pillar Capital Corp. · interim final: unstated · conditional on: 20% of the net sale proceeds of the 633 Torbay Property, as agreed by the secured creditors · claims qualifier: unstated · stated on: 2025-03-27 · table missing: