What we verified from this filing7 verified
- report date27 April 2026
- report noFifth Report
- operational summarySince the issuance of the Fourth Report and Supplement, Mera and the Purchased Subsidiaries have continued to maintain their operations in the ordinary course without any significant disruptions, while the Mera Group and CRO, with assistance of the Monitor and its counsel, worked on Closing preparations, Health Canada review, CRA tax matters, contract disclaimers, KERP payments, accounts receivable collection, and DIP Lender reporting.
- cash on handamount: 1410000 · currency: CAD
- professional feesamount: 828108.89 · currency: CAD
- fee scheduleengagements: form: prose · rows: · money: approximate: false · period: kind: unstated · approval: state: unstated · averages: rate: 780.96 · quote: Average hourly rate = $780.96 2 · currency: · invoices: · firm text: Ernst & Young Inc. · firm quote: appointed Ernst & Young Inc. as monitor of the Debtors (in such capacity, the ' Monitor ') · context quote: Ernst & Young Inc., the Court-appointed Monitor of the Respondents in the above-captioned mater (in such capacity, the ' Monitor ')
- recovery outcomeentries: basis: estimated · quote: the Applicant, as the Mera Group's primary secured lender and DIP Lender, is expected to suffer a significant shortfall in all circumstances; · pct of: unstated · outcome: shortfall · class key: secured · stated by: monitor · class label: Applicant (primary secured lender and DIP Lender) · creditor name: Aggregated Investments Inc. · interim final: unstated · claims qualifier: unstated; basis: liquidation_alternative · quote: there is no prospect of recovery to equity holders of the Purchased Entities in any hypothetical liquidation or bankruptcy scenario; · pct of: unstated · outcome: nil · class key: equity · stated by: monitor · class label: equity holders of the Purchased Entities · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: the Amendment does not impact creditors, who are expected to receive no recovery of their pre-CCAA claims (except the Cure Cost Amount) under the Transactions (with or without the Amendment); and · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: creditors (pre-CCAA claims) · interim final: unstated · conditional on: except the Cure Cost Amount · claims qualifier: unstated · stated on: 2026-04-27 · table missing: