Trustee’s Twenty-Sixth Report
On May 21, 2021, the Trustee served materials in connection with its motion returnable June 7, 2021, which provides, among other things, a comprehensive update on developments in these proceedings since the Twenty-Fourth Report. The Twenty-Sixth Report was filed in support of the Trustee’s request for orders authorizing and approving, as applicable:
the distribution of 85% of the Realized Property received by the Trustee in respect of the Whitby Project, the Nobleton South Project, and the Bowmanville Project, pro rata to the applicable lenders in such projects;
the Related Party Claim Settlement Agreements, Inter-Project Allocation and the distribution of 85% of the Realized Property received by the Trustee in respect of the North Project and the Jasper House Project, pro rata to the applicable lenders in such projects;
the Castlemore Settlement Agreement and the distribution of 85% of the Realized Property to be received by the Trustee in respect of same, pro rata to the Castlemore lenders; and
the Trustee’s activities and its fees and disbursements, including the fees and disbursements of its counsel, for the period from October 1, 2020 to April 30, 2021.
Copies of the materials filed on May 21, 2021, including the Trustee’s Twenty-Sixth Report, are available below.
