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Nelson Education Ltd. - Original Monitor Reports

 Fifth Report of the Monitor September 24, 2015
 
 Fourth Report of the Monitor August 25, 2015
Fourth Report filed to inform the Court and provide the Monitor's recommendations on the following:

(a) The receipts and disbursements of Nelson for the period July 18 to August 14, 2015; and
(b) Nelson's request for an extension of the Stay Period to September 30, 2015 and the Monitor's recommendation thereon.

 
 Third Report of the Monitor July 8, 2015
Third Report filed to inform the Court and provide the Monitor's recommendations on the following:

(a) The receipts and disbursements of Nelson for the period June 27 to July 17, 2015;
(b) Nelson's revised and extended cash flow forecast for the period July 18 to October 30, 2015 (the "July 24 Forecast");
(c) An update on two unsolicited enquiries from parties expressing an interest in the acquisition of Nelson as reported in the Monitor's Second Report; and
(d) The Monitor's motion (the "August 13 Fee Approval Motion") for an Order approving:The Monitor's review of and conclusions regarding:
(ii)The fees and disbursements of the Monitor and its legal counsel for the period from May 29, 2015 to July 24, 2015.

 
 Second Report of the Monitor July 8, 2015
Second Report filed to inform the Court and provide the Monitor's recommendations on the following:

(a) The receipts and disbursements of Nelson for the period May 30 to June 26, 2015;
(b) Nelson's revised and extended cash flow forecast for the period June 27 to September 25, 2015 (the "July 6 Forecast");
(c) The Monitor's review of and conclusions regarding:
(i)The sales and investor solicitation process (the "SISP") carried out by Nelson with the assistance of A&M commencing in September 2014;
(ii)Other indicia of the potential value of the Nelson business and assets;
(iii)Potential alternatives to the sale of the business to the First Lien Lenders pursuant to the APA; and
(d) The Sale Approval Motion, returnable August 13, 2015, and the Monitor's recommendations with respect to the approval of the FLL Transaction.

 
 First Report of the Monitor June 4, 2015
First Report filed to inform the Court and provide the Monitor's recommendations on the following:

(a) The prior engagements of FTI Consulting, Inc., the ultimate parent of FTI, with respect to Nelson and Cengage Learning, Inc.;
(b)The activities of the Monitor since the Comeback Date;
(c)The receipts and disbursements of Nelson for the period May 9 to May 29, 2015;
(d)Nelson's revised and extended cash flow forecast for the period May 30 to July 17, 2015; and
(e)Nelson's request for an Order in the form attached at Tab 2 of Nelson's Notice of Motion dated June 3, 2015 amending and restating the Initial Order, and inter alia:
(i)Creating a charge securing any obligations of Nelson to Royal Bank of Canada, in its capacity as provider of the Cash Management System ("RBC") that may arise in connection with RBC's provision of the Cash Management System;
(ii)Prohibiting, from and after June 2, 2015, without further order of the Court, payments (including but not limited to interest and professional fees and expenses) to the First Lien Agent, the First Lien Lenders, the Second Lien Agent or the Second Lien Lenders;
(iii)Providing for the publication of notice of the CCAA Proceedings;
(iv)Creating a charge in the amount of $750,000 securing the fees and expenses of counsel to Nelson, Nelson's financial advisor, the Monitor and the Monitor's counsel;
(v) Extending the Stay Period to July 17, 2015;

 
 Supplemental Report of the Monitor May 26, 2015
 
 Pre-filing Report of the Monitor dated May 11, 2015 May 11, 2015
 

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