Ontario · CCAA
Fifth Report of the Monitor
Court officer report · 22 July 2010
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 filing5 verified
- cash on handnote: Amount held in the Cash Reserve for future obligations secured by the Administration Charge. · amount: 211000 · currency: CAD · qualifier: approximately
- operational summaryThe Applicants have no remaining directors, officers or employees, and substantially all assets were sold to Acquireco pursuant to the Acquisition; the Monitor is now overseeing wind-down matters including the Vaughan lease disclaimer, tax filings, and the D&O claims procedure.
- professional feesnote: Another invoice from Miller Thomson LLP in the amount of $1,883.63 anticipated to be settled from the Cash Reserve. · party: Miller Thomson LLP (legal counsel to the directors of the Applicants) · amount: 1832.33 · currency: CAD
- report date22 July 2010
- report noFifth Report of the Monitor