British Columbia · CCAA
Notice of Application of the Monitor dated December 8, 2025
Application / notice of application · 8 December 2025
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What we verified from this filing1 verified
- recovery outcomeentries: basis: liquidation_alternative · quote: The importance of completing the Fire Alarm Tie-in in accordance with the Alternative Solutions Report and Alternative Solution Sign-Off and obtaining the Occupancy Permit to these proceedings and the maximization of value for the benefit of the Debtors' creditors, which are expected to incur a material shortfall, cannot be overstated. · pct of: unstated · outcome: shortfall · class key: unsecured · stated by: monitor · class label: Debtors' creditors · interim final: unstated · claims qualifier: unstated; basis: liquidation_alternative · quote: all Lien Claims against the Eclipse Project and any holdback required under the SPA are subordinate to the claims of KingSett and Westmount, the former of which is expected to incur a material shortfall and has neither advanced funds since the filing of the first Lien Claim nor consented to alternative treatment that would permit the payment of Pre-Filing Lien Claims. · pct of: unstated · outcome: shortfall · class key: secured · stated by: monitor · class label: KingSett · creditor name: KingSett · interim final: unstated · claims qualifier: unstated · table missing: