Bloom Lake and Wabush Mines - Reports
The following reports have been filed in the proceedings:
 Sixtieth Report of the Monitor |
November 10, 2023 |
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The purpose of this Sixtieth Report is to provide information to the Court with respect to the following: (a) The receipts and disbursements of the CCAA Parties for the period June 1, 2022 to October 31, 2023; (b) The CCAA Parties' current cash balances; (c) Matters completed since the date of the Monitor's Fifty-Ninth Report; (d) The progress of ongoing matters to be completed in the CCAA Proceedings; (e) The CCAA Parties' request for an Order (the "Stay Extension and CCAA Termination Order") providing, inter alia, for: i. The cessation of quarterly reporting by the Monitor following the issuance of the Final Distribution; ii. The termination of the CCAA Proceedings and discharge of the Monitor upon the issuance of a certificate of the Monitor (the "CCAA Termination Certificate"); and iii. The extension of the Stay Period to the earlier of the date of issuance of the CCAA Termination Certificate or such other date as the Court may order. | |
| Fifty-Ninth Report of the Monitor |
June 10,2022 |
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The Monitor's Fifty-Ninth Report informs the Court on the following: (a) The receipts and disbursements of the CCAA Parties for the period November 1, 2021 to May 31, 2022; (b) The CCAA Parties' current cash balances; (c) The current status of the Claims Procedure; (d) Matters completed since the date of the Monitor's Fifty-Seventh Report; (e) The progress of ongoing matters to be completed in the CCAA Proceedings; (f) The CCAA Parties' request for an Order authorizing the destruction of books and records (the "Books and Records Order") and the Monitor's recommendation thereon; (g) The CCAA Parties' request for an extension of the Stay Period to November 30, 2023 (the "Stay Extension Order"); and (h) Representative Counsel's fee motion served June 8, 2022 (the "June 22 Rep Fee Motion"). | |
| Fifty-Eighth Report of the Monitor |
January 19, 2022 |
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Monitor's Fifty-Eighth report in connection with the Motion for the Issuance of an Approval and Vesting Order with Respect to the Sale of Shares of Twin Falls Power Corporation
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| Fifty-Seventh Report of the Monitor |
November 18, 2021 |
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The Monitor's Fifty-Seventh Report informs the Court on the following: (a) The receipts and disbursements of the CCAA Parties for the period May 1, 2021 to October 31, 2021; (b) The CCAA Parties' current cash balances; (c) The progress of the Claims Procedure; (d) Matters completed since the date of the Monitor's Fifty-Sixth Report; (e) The progress of ongoing matters to be completed in the CCAA Proceedings; and (f) The CCAA Parties' request for an extension of the Stay Period to June 30, 2022 (the "Stay Extension Motion"), and the Monitor's recommendation thereon. | |
| Fifty-Sixth Report of the Monitor |
May 14, 2021 |
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The Monitor's Fifty-Sixth Report informs the Court on the following: (a) The receipts and disbursements of the CCAA Parties for the period November 1, 2020 to April 30, 2021; (b) The CCAA Parties' current cash balances; (c) The progress of the Claims Procedure; (d) Matters completed since the date of the Monitor's Fifty-Fifth Report; (e) The second interim distribution under the Plan (the "Second Interim Distribution"); (f) The progress of ongoing matters to be completed in the CCAA Proceedings; (g) The CCAA Parties' request for an expansion of the Monitor's powers to enable the Monitor to obtain information necessary to ensure that the CCAA Parties are able to recover fair value for their interests in Twin Falls Power Corporation Limited ("Twin Falls") for the benefit of the CCAA Parties' creditors (the "Expanded Powers Motion"); and (h) The CCAA Parties' request for an extension of the Stay Period to November 30, 2021 (the "Stay Extension Motion"), and the Monitor's recommendation thereon. | |
| Fifty-Fifth Report of the Monitor |
November 20, 2020 |
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The Monitor's Fifty-Fifth Report informs the Court on the following: (a) The receipts and disbursements of the CCAA Parties for the period February 1, 2020 to October 31, 2020; (b) The CCAA Parties' current cash balances; (c) The progress of the Claims Procedure; (d) The completion of the Post-Filing Claims Procedure; (e) Matters completed since the date of the Monitor's Fifty-Fourth Report; (f) The postponement of the second interim distribution under the Plan; (g) The progress of ongoing matters to be completed in the CCAA Proceedings; and (h) The CCAA Parties' request for an extension of the Stay Period to May 31, 2021 and the Monitor's recommendation thereon. | |
| Fifty-Fourth Report of the Monitor |
February 14, 2020 |
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The Monitor's Fifty-Fourth Report informs the Court on the following: (a) The receipts and disbursements of the CCAA Parties for the period October 1, 2019 to January 31, 2020; (b) The CCAA Parties' current cash balances; (c) The progress of the Claims Procedure; (d) The progress of the Post-Filing Claims Procedure; (e) Matters completed since the date of the Monitor's Fifty-Second Report; (f) The progress of other ongoing matters to be completed in the CCAA Proceedings; and (g) The CCAA Parties' request for an extension of the Stay Period to November 30, 2020, and the Monitor's recommendation thereon. | |
| Fifty-Third Report of the Monitor |
November 22, 2019 |
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The Monitor's Fifty-Third Report informs the Court on the following: (a) The CCAA Parties' motion for leave to file late claims and for authorization to make Plan Modifications dated November 22, 2019. | |
| Fifty-Second Report of the Monitor |
November 04, 2019 |
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The Monitor's Fifty-Second Report informs the Court on the following: (a) The receipts and disbursements of the CCAA Parties for the period May 1 to September 30, 2019; (b) The CCAA Parties' current cash balances; (c) The progress of the Claims Procedure; (d) The progress of the Post-Filing Claims Procedure; (e) Matters completed since the date of the Monitor's Fiftieth Report; and (f) The progress of other ongoing matters to be completed in the CCAA Proceedings. | |
| Fifty-First Report of the Monitor |
September 20, 2019 |
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The Monitor's Fifty-First Report informs the Court on the following: (a) Fees of Representative Counsel incurred in the period December 1, 2018, to August 31, 2019; (b) Fees and expenses of The Segal Company; and (c) Legal fees, taxes and disbursements to be incurred by Representative Counsel going forward. | |
| Fiftieth Report of the Monitor |
May 13, 2019 |
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The Monitor's Fiftieth Report informs the Court on the following: (a) The receipts and disbursements of the CCAA Parties for the period November 17, 2018 to April 30, 2019; (b) The CCAA Parties' current cash balances; (c) The progress of the Claims Procedure; (d) The progress of the Post-Filing Claims Procedure; (e) Matters completed since the date of the Monitor's Forty-Ninth Report; (f) The progress of other ongoing matters to be completed in the CCAA Proceedings; and (g) The CCAA Parties' request for an extension of the Stay Period to February 28, 2020. | |
| Forty Ninth Report of the Monitor |
November 22, 2018 |
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The Monitor's Forty-Ninth Report informs the Court on the following: (a) The receipts and disbursements of the CCAA Parties for the period June 21 to November 16th, 2018; (b) The CCAA Parties' current cash balances; (c) The progress of the Claims Procedure; (d) The progress of the Post-Filing Claims Procedure; (e) The first interim distribution made pursuant to the provisions of the Plan; (f) The progress of other matters to be completed in the CCAA Proceedings; (g) The Monitor's Motion for Directions with Respect to Late Claims dated November 19, 2018; (h) The USW's motion for leave to file late claims; (i) The motion filed by the Commission Scolaire du Fer to amend a Proof of Claim filed pursuant to the Claims Procedure Order; and (j) The CCAA Parties' request for an extension of the Stay Period to May 30, 2019, and the Monitor's recommendation thereon. | |
| Forty Eighth Report of the Monitor |
July 20, 2018 |
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The Monitor's Forty-Eighth Report informs the Court on the Participating CCAA Parties' request for an Order to permit the further modification of the Plan and the Monitor's recommendation thereon. | |
| Forty Seventh Report of the Monitor |
June 21, 2018 |
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The Monitor's Forty-Seventh Report informs the Court on the following: (a) Accepting the filing of the amended and restated joint plan of compromise and arrangement dated May 16, 2018 (the "Plan") proposed by certain of the CCAA Parties; (b) Approving the limited substantive consolidation of certain estates for the purposes of the Plan; (c) Approving the classification of creditors for the purposes of voting on and receiving distributions under the Plan; (d) Authorizing the convening of meetings of creditors to consider and vote on the Plan (collectively, the "Creditors’ Meetings"); and (e) Confirming the Deemed Proxies and requiring that Representative Counsel and USW Counsel cast the votes of the Salaried Members and the USW Members in favour of the Plan, all subject to the right of Salaried Members and USW Members to opt-out of the Deemed Proxy. | |
| Forty Sixth Report of the Monitor |
May 24, 2018 |
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The Monitor's Forty-Sixth Report informs the Court on the following: (a) The business and affairs of the CCAA Parties; and (b) The Monitor's assessment of the Plan in advance of the Creditors' Meetings. | |
| Forty Fifth Report of the Monitor |
April 13, 2018 |
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The Monitor's Forty-Fifth Report informs the Court on the following: (a) The remaining objection to the Participating CCAA Parties' motion for the granting of the Meetings Order (the "Meetings Order Motion"), as described in the Monitor's Forty-Fourth Report; and (b) The motion filed by Representative Counsel seeking, inter alia, the authorization for the Wabush CCAA Parties to pay the fees of Representative Counsel for the period April 1, 2018 to June 29, 2018. | |
| Forty Fourth Report of the Monitor |
March 22, 2018 |
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The Monitor's Forty-Fourth Report informs the Court on the following: (a) The CCAA Parties' request for an Order (the "Meetings Order") inter alia accepting the filing of the Participating CCAA Parties' proposed joint plan of compromise and arrangement dated March 19, 2018 (the "Plan") and authorizing the convening of meetings of creditors to consider and vote on the Plan and the Monitor's recommendation thereon; (b) The Monitor's assessment of the Plan; and (c) The CCAA Parties' request for an Order (the "Post-Filing Claims Procedure Order") approving a procedure for the submission, evaluation and adjudication of claims against the CCAA Parties or their directors and officers arising since the commencement dates of the CCAA Proceedings (the "Post-Filing Claims Procedure") and the Monitor's recommendation thereon. | |
| Forty Third Report of the Monitor |
March 19, 2018 |
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The Monitor's Forty-Third Report informs the Court on the following: (a) The receipts and disbursements of the CCAA Parties for the period November 18, 2017 to March 9, 2018; (b) The CCAA Parties' current cash balances; (c) The current status of the realization of the assets of the CCAA Parties; (d) Potentially orphaned funds from the CQIM deferred profit sharing plan; (e) The CRA ITA Audit, as defined in the Monitor's Thirty-Fourth Report; (f) A payment demand issued by Revenu Québec; (g) The MFC Minimum Royalty Litigation; (h) The progress of the Claims Procedure; (i) The Pension Priority Motion and the Newfoundland Reference; (j) The execution of a term sheet dated March 14, 2018; and (k) The CCAA Parties' request for an extension of the Stay Period to June 29, 2018, and the Monitor's recommendation thereon. | |
| Forty Second Report of the Monitor |
December 15, 2017 |
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The Monitor's Forty-Second Report to provide information to the Court with respect to the motion filed by Representative Counsel dated December 8, 2017. | |
| Forty First Report of the Monitor |
November 23, 2017 |
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The Monitor's Forty-First Report informs the Court on the following: (a) The receipts and disbursements of the CCAA Parties for the period October 1 to November 17, 2017; (b) The CCAA Parties' current cash balances; (c) The current status of the realization of the assets of the CCAA Parties; (d) The CRA ITA Audit, as defined in the Monitor's Thirty-Fourth Report; (e) The progress of the Claims Procedure; (f) The Pension Priority Motion and the Newfoundland Reference; (g) The 2014 Reorganization; (h) Matters involving MFC; and (i) Current estimates of potential distributions to unsecured creditors; and (j) The CCAA Parties' request for an extension of the Stay Period to March 31, 2018, and the Monitor's recommendation thereon. | |
| Fortieth Report of the Monitor |
October 06, 2017 |
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The Monitor's Fortieth Report informs the Court on the following: (a) The receipts and disbursements of the CCAA Parties for the period June 10 to September 30, 2017; (b) The CCAA Parties' current cash balances; (c) The current status of the realization of the assets of the CCAA Parties; (d) The CRA ITA Audit, as defined in the Monitor's Thirty-Fourth Report; (e) The progress of the Claims Procedure; (f) The Pension Priority Motion and the Newfoundland Reference; (g) The 2014 Reorganization; (h) Matters involving MFC; and (i) Current estimates of potential distributions to unsecured creditors. | |
| Thirty-Ninth Report of the Monitor |
September 11, 2017 |
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The Monitor's Thirty-Ninth Report informs the Court on the status of the Monitor's review of Claims filed against a CCAA Party either by another CCAA Party or by a related party that is not subject to the CCAA Proceedings. | |
| Thirty-Eighth Report of the Monitor |
June 22, 2017 |
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The Monitor's Thirty-Eighth Report informs the Court on the following: (a) The CCAA Parties current cash balances; (b) The CCAA Parties' cash flow forecast for the period July 1 to December 1, 2017; (c) The current status of the realization of the assets of the CCAA Parties; (d) The CRA ITA Audit; (e) The progress of the Claims Procedure; (f) The Newfoundland Reference; (g) The 2014 Reorganization; (h) The Allocation Motion; (i) The current estimates of potential distributions to creditors; (j) The MFC Minimum Royalty Litigation; (k) The MFC Lift Stay Motion; (l) The CCAA Parties' request for an extension of the Stay Period to November 30, 2017, and the Monitor's recommendation thereon; (m) The motion filed May 29, 2017, by The Kami Mine Limited Partnership and Alderon Iron Ore Corp. seeking an Order of the Court compelling the Wabush CCAA Parties to use their best efforts to obtain certain information from the government of Newfoundland and Labrador; and (n) The motion filed June 16, 2017, by Representative Counsel seeking an Order providing inter alia for the payment by the Wabush CCAA Parties of legal costs of Representative Counsel. | |
| Thirty-Seventh Report of the Monitor |
June 16, 2017 |
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The Monitor's Thirty-Seventh Report informs the Court on the following: (a) The April 24 Forecast, as defined in the Monitor's Thirty-Fourth Report; (b) The Scully Sale Approval Motion by WICL, WRI and Wabush Lake Railway Company for the granting of: a. An approving the sale of the Vendors' right, title and interest in and to assets related to the Scully Mine Transaction and the Monitor's recommendation thereon; b. Certain Ancillary Relief as described therein; and c. The Assignment Order, as defined in the Scully Mine APA, inter alia assigning certain contracts to the Purchaser pursuant to section 11.3 of the CCAA and to provide the Monitor's recommendation thereon. | |
| Thirty-Sixth Report of the Monitor |
May 26, 2017 |
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The Monitor's Thirty-Sixth Report informs the Court on the following: (a) The Monitor's views on the CCAA Parties' Allocation Motion; and, (b) The Monitor's views on the Representative Rep Counsel Fee and Scope Motion. | |
| Thirty-Fifth Report of the Monitor |
May 10, 2017 |
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The Monitor's Thirty-Fifth Report informs the Court on the following: (a) The Monitor's views on the marketing process that resulting in the execution of the Mont Wright Camp APA; and (b) The Monitor's views on the Mont Camp Transaction. | |
| Thirty-Fourth Report of the Monitor |
April 26, 2017 |
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The Monitor's Thirty-Fourth Report informs the Court on the following: (a) The receipts and disbursements of the CCAA Parties for the period January 14, 2017 to April 14, 2017; (b) The CCAA Parties' revised and extended cash flow forecast for the period April 15 to June 30, 2017; (c) The current status of the realization of assets of the CCAA Parties; (d) An audit being carried out by the Canada Revenue Agency in respect of income tax filings by the CCAA Parties for the tax years 2010 to 2015; (e) The progress of the Claims Procedure; (f) The current status of litigation matters; (g) The 2014 Reorganization; (h) Allocation issues with respect to proceeds of realization and the costs of the CCAA Proceedings; and, (i) The current estimates of potential distributions to creditors. | |
| Thirty-Third Report of the Monitor |
March 31, 2017 |
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The Monitor's Thirty-Third Report informs the Court on the following: (a) The current status of the Wabush Mine Sale Procedure; and, (b) By way of confidential and sealed appendices, details of the current state of affairs with each of the Interested Parties. | |
| Thirty-Second Report of the Monitor |
March 2, 2017 |
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The Monitor's Thirty-Second Report informs the Court on the following: (a) The procedure implemented by the Wabush CCAA Parties to formalize efforts to sell the Wabush Mine; and, (b) The details of the current state of negotiations with each of the parties that have expressed an interest in the acquisition of Wabush Mine. | |
| Thirty-First Report of the Monitor |
January 24, 2017 |
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The Monitor's Thirty-First Report informs the Court on the following: (a) The receipts and disbursements of the CCAA Parties for the period September 24, 2016 to January 13, 2017; (b) The CCAA Parties' revised and extended cash flow forecast for the period January 14 to June 30, 2017; (c) The current status of the realization of assets; (d) The progress of the Claims Procedure; (e) The current status of litigation matters; (f) The 2014 Reorganization; (g) Allocation issues with respect to proceeds of realization and the costs of the CCAA Proceedings; and, (h) The CCAA Parties' request for an extension of the Stay Period to June 30, 2017, and the Monitor's recommendation thereon. | |
| Thirtieth Report of the Monitor |
December 6, 2016 |
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The Monitor's Thirtieth Report informs the Court on the following: (a) The on-going discussions regarding a potential sale of Wabush Mine and remaining assets located thereon; and, (b) The Monitor's views on the MFC motion to partially lift the stay of proceedings. | |
| Twenty-Ninth Report of the Monitor |
November 25, 2016 |
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The Monitor's Twenty-Ninth Report informs the Court on the following: (a) The Monitor's views on the motion of Mason Graphite Inc. | |
| Twenty-Eight Report of the Monitor |
November 21, 2016 |
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The Monitor's Twenty-Eigth Report informs the Court on the following: (a) The Monitor's views on the Key Bank Security; (b) The Monitor's views on the Tata Railcar APA and the marketing process leading up to it; (c) The Monitor's views on the Motion for an approval and vesting order for the sale of certain assets; and (d) The Monitor's views on certain aspects of the Tata Railcar APA being made confidential. | |
| Twenty-Seventh Report of the Monitor |
November 14, 2016 |
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The Monitor's Twenty-Seventh Report informs the Court on the following: (a) The Monitor's views on the CNR Key Bank Security; (b) Other than the beneficiaries of the Administration Charge and the Directors’ Charge, there are no known claims that rank in priority to the CNR Key Bank Security in respect of the Second IOC Purchased Assets; (c) The Monitor's views on the marketing process of the Second IOC Railcar Transaction; (d) The Monitor's views on the consideration of the Second IOC Railcar Transaction; and, (e) The approval of the Second IOC Railcar Transaction is in the best interests of CNR. | |
| Twenty-Sixth Report of the Monitor |
November 14, 2016 |
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The Monitor's Twenty-Sixth Report informs the Court on the following: (a) The Monitor's views on the marketing process of the Nalcor Transaction; (b) The Monitor's views on the consideration of the Nalcor Transaction; (c) The Monitor's views on the Naclor Transaction in the interests of the Vendor’s stakeholders; and, (d) The proceeds of the Nalcor Transaction will stand in place and stead of the Nalcor Purchased Assets, and will be held by the Monitor pending further order of the Court. | |
| Twenty-Fifth Report of the Monitor |
October 24, 2016 |
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The Monitor's Twenty-Fifth Report informs the Court on the following: (a) The Monitor's views on the acquisition by Ritchie Bros Auctioneers (Canada) Ltd. of specific major mining equipment and vehicles located at the Bloom Lake Mine and Scully Mine; and (b) The Monitor's views on the request that the information with respect to Purchase Price, the allocation of the Purchase Price amongst the Purchased Assets and the Deposit be kept confidential for commercial reasons. | |
| Twenty-Fourth Report of the Monitor |
October 6, 2016 |
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The Monitor's Twenty-Fourth Report informs the Court on the following: (a) The receipts and disbursements of the CCAA Parties for the period March 26 to September 23, 2016; (b) The CCAA Parties' revised and extended cash flow forecast for the period September 24, 2016 to February 3, 2017; (c) The current status of the realization of assets; (d) The progress of the Claim Procedure; (e) The current status of litigation matters; (f) The 2014 Reorganization; (g) Allocation issues with respect to proceeds of realization and the costs of the CCAA Proceedings; (h) The current estimates of potential distributions to creditors; and (i) The CCAA Parties' request for an extension of the Stay Period | |
| Twenty-Third Report of the Monitor |
September 16, 2016 |
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The Monitor's Twenty-Third Report informs the Court on the following: (a) The Monitor's views on the agreement dated September 1, 2016 between Bloom Lake LP, Wabush Resources, WICL and the Ritchie Bros Auctioneers (Canada) Ltd.; and (b) The Monitor's views on the request that the information with respect to Purchase Price and Deposit be kept confidential for commercial reasons. | |
| Twenty-Second Report of the Monitor |
August 22, 2016 |
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The Monitor's Twenty-Second Report informs the Court on the following: (a) The intended sale by the Wabush Mines of 51 residential properties located in the Town of Wabush, Newfoundland and Labrador; (b) The Monitor's views on the validity and enforceability of the secured claims of Cliffs Natural Resources Inc.; (c) The Monitor's views on the IOC Railcar Transaction; and (d) The Monitor's views on certain aspects of the IOC Railcar APA being made confidential. | |
| Twenty-First Report of the Monitor |
July 14, 2016 |
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The purpose of the Monitor's Twenty-First Report is to provide information to the Court with respect to the request by WRI and WICL for the approval and vesting order contemplated under the Toromont Generators APA dated June 30, 2016. | |
| Twentieth Report of the Monitor |
June 22, 2016 |
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The Monitor's Twentieth Report informs the Court on the following: (a) The Monitor's views on the Key Bank Security; (b) The Monitor's views on the Rio Tinto Railcar APA and the marketing process leading up to it; (c) The Monitor's views on the Motion for an approval and vesting order for the sale of certain assets; and (d) The Monitor's views on certain aspects of the Rio Tinto Railcar APA being made confidential. | |
| Response to question of the Court with respect to paragraph 51 of the Monitor’s Nineteenth Report / Réponse à une question de la Cour en lien avec le paragraphe 51 du Dix-neuvième rapport du Contrôleur. |
April 20, 2016 |
| Nineteenth Report of the Monitor |
April 13, 2016 |
The Monitor's Nineteenth Report informs the Court on the following: (a) The receipts and disbursements of the CCAA Parties for the period January 9 to March 25, 2016; (b) The CCAA Parties' revised and extended cash flow forecast for the period March 26, 2016 to September 30, 2016; (c) The current status of the realization of assets; (d) The appointment by the applicable regulators of independent administrators for the Wabush Pension Plans; (e) The progress of the Claim Procedure; (f) The current status of the Monitor's review of the 2014 Reorganization; (g) The current status of the Fisheries Summonses Hearing; (h) The current status of the MFC Litigation; (i) The current status of the Beumer Litigation; (j) The motion filed by the Sept-Îles Port Authority; (k) The motion filed by the USW; and (l) The CCAA Parties' request for an extension of the Stay Period |
| Eighteenth Report of the Monitor
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January 28, 2016 |
The Monitor's Eighteenth Report informs the Court on the following: (a) Request for the Block Z AVO |
| Seventeenth Report of the Monitor |
January 22, 2016 |
Monitor's Seventeenth Report informs the Court on the following: (a) Request for the Point-Noire AVO |
| Sixteenth Report of the Monitor |
January 22, 2016 |
Monitor's Sixteenth Report informs the Court on the following: (a) The Monitor's views regarding the stay extension; (b) Receipts and Disbursements through January 8, 2016; (c) Extension of Interim Financing; (d) The Point-Noire APA; (e) Developments with respect to the Wabush Mine; (f) Restructuring Letter of Intent; (g) The Notices of Objection; (h) The Monitor's Comments with Respect to the UNNU Objection; (i) The UNNU Alternative Scenario; and (j) Request for an Extension of the Stay Period. |
| Fifteenth Report of the Monitor |
December 31, 2015 |
Monitor's Fifteenth Report informs the Court on the following: (a) The receipts and disbursements of the CCAA Parties for the period October 17, 2015 to December 18, 2015; (b) The CCAA Parties' revised and extended cash flow forecast for the period December 19, 2015 to March 18, 2016; (c) Matters relating to the Interim Financing; (d) The closure of the Montreal office; (e) The completion of the Bunker C Fuel Transaction; (f) The termination of the Wabush Pension Plans by the applicable regulators; (g) The hearing held on December 17, 2015, before the Provincial Court in Wabush, Newfoundland in respect of alleged offences under the Fisheries Act, R.S.C., 1985, c.F-14; (h) The progress of the SISP; (i) The provision of confidential information to certain creditors; (j) The progress of the Claim Procedure and Claims and D&O Claims filed by the Claims Bar Date and the D&O Claims Bar Date respectively; and, (k) To summarize the motion of certain Bloom Lake CCAA Parties for an approval and vesting order with respect to the sale of certain assets, and to provide the Monitor's recommendations thereon. |
| Fourteenth Report of the Monitor |
December 2, 2015 |
Monitor's Fourteenth Report informs the court of the following: (a) The filing by the Wabush CCAA Parties of an Environmental Assessment Registration for the Decommissioning and Rehabilitation of the Wabush Mines Scully Mine dated November 2015; (b) Dealings with MFC Industrial Limited and its counsel since the Court hearing that took place on November 5, 2015; and (c) Summonses issued against WICL, WRI, Wabush Mines and Cliffs Mining Company, the managing agent of the Wabush Mines, in respect of alleged offences under the Fisheries Act, R.S.C., 1985, c.F-14. |
| Thirteenth Report of the Monitor |
November 5, 2015 |
Monitor's Thirteenth Report provides the Court with additional on the Notice of Objection filed in respect of the Stay Extension Motion by MFC Industrial Limited on November 2, 2015. |
| Twelfth Report of the Monitor |
October 27, 2015 |
Monitor's Twelfth Report informs the Court on the following: (a) The receipts and disbursements of the CCAA Parties for the period ending October 16, 2015; (b) The CCAA Parties' revised and extended cash flow forecast for the period October 17, 2015 to January 29, 2016; (c) Matters relating to the Interim Financing Facility; (d) Correspondence in respect of an alleged default in the minimum royalty payment under the Amendment and Consolidation of the Mining Lease made between Canadian Javelin Limited (now MFC Industrial Ltd.) and Wabush Iron Co. Limited dated as of September 2, 1959; (e) The progress of the SISP; (f) The provision of confidential information to certain creditors; (g) The status of the Monitor's investigation of the 2014 Reorganization; and, (h) The CCAA Parties' request for an extension of Stay Period to January 29, 2016 and the Monitor's recommendation thereon. |
| Eleventh Report of the Monitor |
October 27, 2015 |
Monitor's Tenth Report informs the Court on the CCAA Parties' request for the Claims Procedure Order. |
| Tenth Report of the Monitor |
October 27, 2015 |
Monitor's Tenth Report informs the Court on the CCAA Parties' request for an approval of an agreement between Bloom Lake LP and SMS Equipment Inc. for the sale of a piece of equipment. |
| Ninth Report of the Monitor |
October 27, 2015 |
Monitor's Ninth Report informs the Court on the CCAA Parties' request for an Approval and Vesting Order in connection with sale of inventory of bunker C fuel from the Pointe-Noire facility, to the purchaser 9108-7189 Quebec Inc. |
| Eight Report of the Monitor |
July 20, 2015 |
Monitor’s Eighth Report to inform the Court of the following: (a) The receipts and disbursements of the CCAA Parties for the period ending July 10, 2015; (b) The CCAA Parties’ revised and extended cash flow forecast for the period July 11 to November 6, 2015 (the “July 17 Forecast”); (c) The progress of the SISP; and (d) The CCAA Parties’ request for an extension of the Stay Period to November 6, 2015 and the Monitor’s recommendation thereon. |
| Seventh Report of the Monitor |
May 19, 2015 |
Monitor's Seventh Report, to be filed into the Court record in connection with the hearing scheduled to take place on June 22, 2015 at 9:15 in room 15:10 of the Montreal Courthouse |
| Sixth Report of the Monitor |
June 1, 2015 |
Monitor's Sixth Report to inform the Court of the following: (a) The activities of the Wabush CCAA Parties and the Monitor since the issuance of the Wabush Initial Order; (b) The receipts and disbursements of the CCAA Parties for the period ending May 22, 2015; (c) The progress of the SISP; (d) The Bloom Lake CCAA Parties' request for an Order authorizing and directing the Monitor to pay to Moelis the portion of the Transaction Fee payable by CQIM in respect of the Chromite Transaction; (e) The Wabush CCAA Parties' request for an Order (the "Wabush Comeback Order"), inter alia: (i)Providing priority for the Wabush CCAA Charges over the Encumbrances; (ii) Approving the SISP nunc pro tunc as it relates to the Wabush CCAA Parties and approving the amendment and restatement of the SISP to reflect the inclusion of the Wabush CCAA Parties in the CCAA Proceedings; (iii) Approving the Moelis Engagement Letter nunc pro tunc as it applies to the Wabush CCAA Parties; (iv) Creating a charge over the property of each Wabush CCAA Party securing (the "Wabush Sale Advisor Charge") up to a maximum of US$5.0 million; (v) Suspending the payment by the Wabush CCAA Parties' of Amortization Payments and OPEB Payments; and (vi) Extending the Wabush Stay Period to July 31, 2015. |
| Fifth Report of the Monitor |
May 20, 2015 |
Monitor’s Fifth Report in respect to the Wabush CCAA Parties application seeking an order providing, inter alia, a stay of proceedings in respect of Wabush Iron Co. Limited; Wabush Resources Inc.; Arnaud Railway Company; Wabush Lake Railway Company Limited; and Wabush Mines (collectively the “Wabush CCAA Parties”) until June 19, 2015. |
| Fourth Report of the Monitor |
April 20, 2015 |
Monitor's Fourth Report in respect of the Amended Motion for the Issuance of an Approval and vesting Order with respect to the Sale of the Chromite Shares. |
| Third Report of the Monitor |
April 7, 2015 |
Monitor's Third Report in relation with the following motions (1) Motion for the Issuance of an Approval and vesting Order with respect to the Sale of the Chromite Shares; (2) Motion for an Order approving the lease of certain property by Petitioner 8568391 Canada Limited; (3) Motion for an Order Authorizing the Engagement of a Sale Advisor and Amending the Initial Order; (4) Motion for an Order Approving a Sale and Investor Solicitation Process; and (5) Second Motion for an Order Extending the Stay Period through July 31, 2015 |
| Second Report of the Monitor |
February 19, 2015 |
Second Report to clarify the Monitor's First Report concerning existing hypothecs charging the assets of the CCAA Parties |
| First Report of the Monitor |
February 6, 2015 |
The Monitor's First Report is to inform the Court on the following: (a) The activities of the CCAA Parties and the Monitor since the commencement of the CCAA Proceedings; (b) The receipts and disbursements of the CCAA Parties for the period from the start of the CCAA Proceedings to January 30, 2015; (c) The CCAA Parties' revised and extended cash flow forecast for the period January 31 to May 1, 2015; (d) The CCAA Parties' request for an Order providing priority for the Administration Charge and the Directors' Charge over any and all other existing hypothecs, mortgages, liens, security interests, priorities, charges, encumbrances or security of whatever nature or kind (collectively, the "Encumbrances") affecting the Property whether or not charged by such Encumbrances and the Proposed Monitor's recommendation thereon; and (e) The CCAA Parties' request for an extension of the Stay Period to April 30, 2015 and the Monitor's recommendation thereon. |
| Pre-Filing Report of the Proposed Monitor ("Pre-Filing Report") in respect to the CCAA Parties' application seeking an order providing, inter alia, a stay of proceedings in respect of Bloom Lake General Partner Limited, Bloom Lake Railway Company Limited, Quinto Mining Corporation, 8568391 Canada Limited, Cliffs Québec Iron Mining ULC ("CQIM"), and The Bloom Lake Iron Ore Mine Limited Partnership (collectively, the "CCAA Parties") until February 26, 2015. |
January 26, 2015 |
The Pre-Filing Report includes: a) The state of the business and affairs of the CCAA Parties and the causes of their financial difficulty and insolvency; b) The CCAA Parties' weekly cash flow forecast to April 24, 2015 (the "January 23 Forecast"); c) Employee retention agreements entered into by the CCAA Parties prior to the commencement of the CCAA Proceedings; d) The CCAA Parties' request for approval of the Directors' Charge and the Proposed Monitor's recommendation thereon; e) The CCAA Parties' request for approval of the Inter-Company Charge; and f) The CCAA Parties' request for approval of the Administration Charge and the Proposed Monitor's recommendation thereon. |
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