Ontario · Receivership (court-appointed)
Receiver's Second Report to Court dated December 1, 2020.pdf
Court officer report · 1 December 2020
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing6 verified
- unsecured creditorsnote: Amount not stated; nothing in the November 16 Order constitutes a determination of this alleged claim · page: 5 · basis: Alleged claim asserted in a commenced proceeding for unpaid legal fees · debtor: Stableview Asset Management Inc. and Stableview Funds · creditor: Boyle & Co LLP · currency: CAD
- unsecured creditorsnote: Amount not stated; nothing in the November 16 Order constitutes a determination of this alleged claim · page: 6 · basis: Alleged claim relating to acquisition of ILA equities by the Stableview Funds · debtor: Stableview Asset Management Inc. and Stableview Funds · creditor: ILA (iLookabout Corp.) · currency: CAD
- unsecured creditorsnote: Disputed claim; Receiver found no evidence to support claim against the Stableview Funds; if any claim exists it would be limited to claims against Stableview and Fisher · page: 43 · basis: Notice of potential claim given by letter dated June 30, 2020 · debtor: Stableview Asset Management Inc. (disputed as to Stableview Funds) · creditor: Andrew Belt · currency: CAD
- unsecured creditorsnote: Floor amount - claim seeks damages 'in excess of' $20,000,000; disputed/unadjudicated claim; leave to pursue against Receiver not yet sought per Appointment Order restrictions · page: 48 · as of: 2020-10-06 · basis: Statement of Claim filed naming Receiver and Fisher as defendants · amount: 20000000 · debtor: Receiver of the Stableview Funds and Colin Fisher · creditor: Shannon Davidson (representative plaintiff, class action) · currency: CAD
- unsecured creditorsnote: Approximate amount owing by Stableview (not the Stableview Funds); Receiver states creditors generally contracted with Stableview, not the Funds; Stableview has no material cash/assets to monetize for creditors · page: 54 · as of: Appointment Date (June 9, 2020) · basis: Receiver's review of books and records (accounts payable listing, not updated prior to Receivership Order) · amount: 83500 · debtor: Stableview Asset Management Inc. · creditor: Laurentian Bank Securities and Capital Markets (LBS) · currency: CAD
- unsecured creditorsnote: Approximate amount owing by Stableview (not the Stableview Funds) · page: 54 · as of: Appointment Date (June 9, 2020) · basis: Receiver's review of books and records (accounts payable listing, not updated prior to Receivership Order) · amount: 14700 · debtor: Stableview Asset Management Inc. · creditor: SGGG Fund Services Inc. · currency: CAD