1. Issuance of an order, among other things:
   1. authorizing and directing Odyssey Trust Company (the "Escrow Agent") to make certain payments from the net cash proceeds from the Sale Transactions to pay Priority Payables and release remaining funds to the Applicants and the Indenture Trustee to redeem and satisfy Senior Notes;
   2. permitting the Applicants to make payments to the Indenture Trustee from time to time to redeem and satisfy Senior Notes, provided that the aggregate unrestricted cash balance of the CC Group (excluding certain entities) exceeds $30,000,000 or such lower amount as may be agreed from time to time by the Requisite Supporting Noteholders (as defined in the Support Agreement) and the Applicants (the "Excess Cash Threshold"); and
   3. directing the Indenture Trustee to pay the Applicants any amounts that otherwise would be received directly or indirectly by Murchinson Ltd., BPY Limited and Nomis Bay Ltd. (collectively, "Murchinson") until the costs orders of this Court and the Ontario Court of Appeal are paid in full, including post-judgment interest.
2. Issuance of an order, among other things:
   1. extending the Stay Period from May 29, 2026, until and including September 30, 2026;
   2. approving the Pre-Filing Report of the Proposed Monitor dated March 24, 2026, the First Report of the Monitor dated March 31, 2026, the Second Report of the Monitor dated April 10, 2026, and the Third Report of the Monitor, to be filed (collectively, the "Monitor's Reports")and the activities of the Monitor referred to therein; and
   3. approving the fees of the Monitor and its counsel.
3. Such further and other relief as may be requested by the Applicants and as this Honourable Court considers just.

Contact FTI

FTI Consulting
TD Waterhouse Tower
79 Wellington Street West
Suite 2010, P.O. Box 104
Toronto, Ontario M5K 1G8

Useful Links