Alberta · Receivership (court-appointed)
Fourth Report of the Receiver
Court officer report · 16 July 2024
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What we verified from this filing5 verified
- closing confirmedscope: all the assets of the Debtors under the Auction Services Agreement · outcome: completed · date basis: unstated · approval order date: 2024-04-15
- purchaserprice: note: Total gross cash proceeds estimated to be paid to the Company pursuant to the Auction Services Agreement are approximately $24.4 million, including the Sharing Proceeds of $7.8 million; figures in millions as stated in text · basis: cash · amount: 24.4 · sealed: false · currency: CAD · scope: all the assets of the Debtors · status: closed · name note: auction purchasers under Auction Services Agreement with McDougall, unnamed · structure: auction · name source: recital · relationship: unstated
- recovery outcomeentries: basis: unstated · quote: | Peplinski Claim | (1,000) $ | · pct of: unstated · outcome: distribution · currency: CAD · class key: pmsi_lessor · stated by: receiver · amount low: 1000000 · cumulative: false · amount high: 1000000 · class label: Peplinski Claim · creditor name: Peplinski · interim final: unstated · currency quote: ($000's CAD) · claims qualifier: unstated; basis: unstated · quote: | Brandt Claim | (11) | · pct of: unstated · outcome: distribution · currency: CAD · class key: pmsi_lessor · stated by: receiver · amount low: 11000 · cumulative: false · amount high: 11000 · class label: Brandt Claim · creditor name: Brandt · interim final: unstated · currency quote: ($000's CAD) · claims qualifier: unstated; basis: unstated · quote: | John Deere Claim | (185) | · pct of: unstated · outcome: distribution · currency: CAD · class key: pmsi_lessor · stated by: receiver · amount low: 185000 · cumulative: false · amount high: 185000 · class label: John Deere Claim · creditor name: John Deere · interim final: unstated · currency quote: ($000's CAD) · claims qualifier: unstated · stated on: 2024-07-16 · table missing:
- sale advisorMcDougall Auctioneers Ltd.
- sale outcometext: Auction under the Auction Services Agreement has been completed, with preliminary gross sales results received and remaining proceeds expected to be collected · scope: whole_business · status: closed