Ontario · Receivership (court-appointed)
Motion Record of the Receiver, re: Motion for Distribution and Fee Approval returnable December 8, 2020
Application / notice of application · 19 May 2023
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What we verified from this filing2 verified
- fee scheduleengagements: form: prose · rows: · money: approximate: false · period: end: 2020-10-31 · kind: invoice · quote: for the period commencing February 28, 2020, through to and including October 31, 2020 · start: 2020-02-28 · approval: state: unstated · averages: · currency: · invoices: · firm text: Dentons LLP · firm quote: Dentons LLP, in its capacity as the Receiver's legal counsel · context quote: the fees and disbursements of Dentons LLP, in its capacity as the Receiver's legal counsel ('Dentons'), for the period commencing February 28, 2020, through to and including October 31, 2020 · context unverified: true
- recovery outcomeentries: basis: estimated · quote: Based on estimates of potential distributions by the Receiver and the Administrator, it is currently anticipated that the shortfall on the Syndicate Indebtedness notwithstanding recoveries in both the Receivership and the Administration will be in excess of US$108 million, excluding any recoveries from potential litigation claims. · pct of: unstated · outcome: shortfall · currency: USD · class key: secured · stated by: receiver · class label: Syndicate Indebtedness · creditor name: Truist Bank, as Agent, for the Syndicate · interim final: unstated · currency quote: US$108 million · claims qualifier: unstated · shortfall amount: 108000000 · table missing: