The Stay is to remain under CCAA protection until the Company and Creditors agree on a Plan of Arrangement / Compromise. This appears to be the basis of CCAA.

My point is, according to the CCAR, disclosure of the proposed Plan is mandated. Just trying to be a better informed speculator. If the Plan is to keep getting extension after extension until the ICSID award, it needs to be disclosed, as well as agreed upon by both the Company and the Creditors. If Bondies/Company/Tenor need an extension with some excuse like not being able to get together or schedule time to go over the Plan proposal, it does not preclude them from disclosing the Plan proposal, as mandated under the CCAR.

Another Stay extension, without any disclosure of the Plan proposal, really tends to justify my suspicions of Bondies-Management-Tenor, and possibly Monitor, being all in cahoots.