Ontario · CCAA
Sixth Report Report of the Monitor dated May 17, 2019
Court officer report · 17 May 2019
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 filing1 verified
- recovery outcomeentries: basis: unstated · quote: the first mortgagees are paid in full regardless of the allocation methodology; · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: monitor · class label: First Mortgagees on each of the Carrville Properties · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: Immediately after the Bid Deadline, it became evident that there would be a shortfall to the second ranking mortgagees on each of the Carrville Properties. · pct of: unstated · outcome: shortfall · class key: secured · stated by: monitor · class label: Second Mortgagees on each of the Carrville Properties · interim final: unstated · claims qualifier: unstated; basis: actual · quote: As at the date of this Report, sales of substantially all 35 units have closed and all mortgagees of the Birchmount project have been repaid in full. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: monitor · class label: Mortgagees of the Birchmount Project · interim final: unstated · claims qualifier: unstated · stated on: 2019-05-17 · table missing: