Alberta · NOI
Second Report of the Proposal Trustee - January 12, 2018.pdf
Court officer report · 12 January 2018
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 filing6 verified
- cash on handnote: Closing cash for Unique Scaffold Inc. as at January 7, 2018 per actual cash flow; other two companies show closing cash of $Nil. · as at: 2018-01-07 · amount: 352714 · currency: CAD
- disbursementsnote: Actual cumulative cash disbursements for Unique Scaffold Inc. Nov 16, 2017 to Jan 7, 2018; PAC actual $113,771 and ULH actual $45,527 for Nov 16-Dec 31, 2017. · since: November 16, 2017 · amount: 2135810 · currency: CAD
- operational summaryUSI continues operations under NOI proceedings, generating a net profit in November 2017, paying down CRA priority debt, and pursuing recapitalization/refinancing options, while ULH is marketing its Edmonton property for sale.
- receipts cumulativenote: Actual cumulative cash receipts for Unique Scaffold Inc. Nov 16, 2017 to Jan 7, 2018; PAC actual $113,771 and ULH actual $45,527 for Nov 16-Dec 31, 2017. · since: November 16, 2017 · amount: 1959373 · currency: CAD
- report date12 January 2018
- report noSecond Report of the Proposal Trustee