Alberta · Receivership (court-appointed)
Receiver's Second Report dated November 12, 2024
Court officer report · 12 November 2024
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What we verified from this filing4 verified
- operational summaryThe report does not discuss ongoing business operations; the Debtors' operations ceased prior to receivership, and this report focuses on the Receiver's pursuit of a bond claim against Northbridge on behalf of Movin' Air's estate.
- recovery outcomeentries: basis: estimated · quote: Given the anticipated shortfall to RBC, the Receiver has not requested or received an opinion with respect to the validity of the Northbridge Security. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: RBC · creditor name: Royal Bank of Canada · interim final: unstated · claims qualifier: unstated · table missing:
- report date12 November 2024
- report noSecond Report