Ontario · Receivership (court-appointed)
Second Receiver's Report
Court officer report · 7 May 2026
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What we verified from this filing1 verified
- recovery outcomeentries: basis: unstated · quote: Should circumstances materially change such that funds may become available for distribution to the Third Mortgagees, the Receiver will address this issue at that time. · pct of: unstated · outcome: nil · class key: secured · stated by: receiver · class label: Third Mortgagees · interim final: unstated · conditional on: Should circumstances materially change such that funds may become available for distribution to the Third Mortgagees · claims qualifier: unstated; basis: estimated · quote: As outlined above, given the anticipated shortfall in respect of the Desjardins Indebtedness, the Receiver does not expect that any funds will be available for distribution to unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: As outlined above, the Receiver anticipates that there will be no funds available in the Debtors' estate to reimburse Freehold Purchasers. · pct of: unstated · outcome: nil · stated by: receiver · class label: Freehold Purchasers · interim final: unstated · claims qualifier: unstated · stated on: 2026-05-07 · table missing: