Ontario · CCAA

The purpose of this Fifty-Third report of the Monitor (“Fifty-Third Report”) is to provide supplemental information to this Honourable Court with respect to the amended claims resolution motion and an additional motion of the Applicants requesting: (a) an Order (the “Claims Resolution Order”) approving a claims resolution process whereby the Monitor, in conjunction with the Applicants, will review, determine and resolve Claims, as defined in the Claims Resolution Order, filed with the Monitor pursuant to the provisions of the Claims Procedure Order; (b) an Order (the “Claims Officer Order”) providing for the appointment of Donald J. Brenner, QC, William G. Horton and Andrew M. Diamond as claims officers (“Claims Officers” and individually a “Claims Officer”) to assist in the determination of any disputed Claims the Monitor may refer to any one of them; and (c) an Order (the “Cross-Border Claims Protocol Order”) approving a cross-border protocol on the resolution of claims (the “Cross-Border Claims Protocol”) against the Applicants and U.S. Debtors, the approval of which is being sought from both this Honourable Court and the U.S. Court by way of a motion to be heard at a joint hearing on the same date as the motion seeking the Claims Resolution Order

Court officer report · 13 September 2010