Carleton Condominium Corporation 396

Carleton Condominium Corporation 396 remains in court-appointed receivership in the Ontario Superior Court of Justice, where MNP Ltd. was appointed receiver and manager on May 31, 2019 under section 100 of the Courts of Justice Act on its own application, in court file 01-CV-18977. The receiver's Form 87 statement, as at May 29, 2019, records assets of $5,160,876 in CAD, comprising the building and land at 112 Nelson Street, Ottawa at $4,275,000 and book debts from unit holders of $885,876. Unsecured claims reported include $3,764,547 owed to unit holders of Condo 396, $474,898 to Nelligan O'Brien Payne LLP, $263,444 to Low Murchison Radnoff LLP, $225,865 to Marcil Lavallee, $126,833 to Domicile Developments Inc., $103,902 to E.T.R.A, and $70,094 to CRA as deemed trust indebtedness.