Saskatchewan · CCAA
Fourth Report of the Monitor
Court officer report · 16 July 2026
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What we verified from this filing4 verified
- secured creditorsnote: No balance or facility limit disclosed in this Monitor's Fourth Report · page: 3 · as of: 2026-02-20 · debtor: Paragon Sales Ltd., Langenburg Motors (1967) Ltd., and 616001 Saskatchewan Ltd. · creditor: The Toronto-Dominion Bank (TD) · currency: CAD · security: Identified as senior secured lender to the Companies; specific security instruments and outstanding balance not stated in this report
- process resultslois: 3 · ndas: 13 · note: Three non-binding LOIs at extended Phase 1 Bid Deadline; 13 parties executed NDAs; no Binding Bid at Phase 2 Bid Deadline · as of: 2026-07-16 · solicited: 80
- purchaserprice: sealed: false · scope: the Dealership Assets · status: proposed · name note: proponent of the Superior LOI, unnamed · structure: assets · name source: recital · relationship: unstated
- sale outcometext: SISP did not result in a Binding Bid at Phase 2 deadline; negotiations continuing on the Superior LOI · scope: whole_business · status: pending_approval