Ontario · Receivership (court-appointed)
Motion Record re: 15th Report – returnable October 22, 2014
Application / notice of application · 22 October 2014
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What we verified from this filing1 verified
- recovery outcomeentries: basis: unstated · quote: The proposed interim distribution contemplates the following: (i) that Addenda be paid out $4,363,131.71 in full satisfaction all amounts secured by the Addenda OIL Charge; · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: receiver · amount low: 4363131.71 · amount high: 4363131.71 · class label: Addenda Capital Inc. (first mortgagee - Addenda OIL Charge) · creditor name: Addenda Capital Inc. · interim final: interim · claims qualifier: unstated; basis: unstated · quote: The Receiver is comfortable that the amount owed to Cameron Stephens as secured by the Cameron Stephens OIL Charge is substantially in excess of the proposed interim distribution of $100,000 to Cameron Stephens. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · amount low: 100000 · amount high: 100000 · class label: Cameron Stephens Financial Corporation (second mortgagee - Cameron Stephens OIL Charge) · creditor name: Cameron Stephens Financial Corporation · interim final: interim · claims qualifier: unstated; basis: actual · quote: authorizing the Receiver to distribute from the proceeds of sale in respect of the Tim Hortons/Wendy's property the amount of $12,500 to Sun Life Assurance Company of Canada in full and final satisfaction of all amounts owing to Sun Life by Dondeb · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: receiver · amount low: 12500 · amount high: 12500 · class label: Sun Life Assurance Company of Canada · creditor name: Sun Life Assurance Company of Canada · interim final: unstated · claims qualifier: unstated; basis: actual · quote: authorizing the Receiver to distribute from the proceeds of sale in respect of the Tim Hortons/Wendy's property the amount of $100,000 to The Bank of Nova Scotia, Trustee (' BNS ') in full and final satisfaction of all amounts secured in respect by a charge/mortgage granted by 2339506 Ontario Inc. in favour of BNS as against the Tim Hortons/Wendy's Property · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: receiver · amount low: 100000 · amount high: 100000 · class label: The Bank of Nova Scotia, Trustee · creditor name: The Bank of Nova Scotia, Trustee · interim final: unstated · claims qualifier: unstated · stated on: 2014-10-14 · table missing: