Alberta · Receivership (court-appointed)
Redacted First Report of the Receiver
Court officer report · 3 December 2014
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 filing7 verified · 1 withheld
- courtCOURT OF QUEEN'S BENCH OF ALBERTA
- appointeePricewaterhouseCoopers Inc.
- appointee roleReceiver
- commencement date8 October 2014
- secured creditorsnote: Advanced $3.5 million over course of several months commencing early 2012 · page: 3 · as of: 2013-12-20 · amount: 3500000 · debtor: RTF Financial Holdings Inc. · creditor: Patronus Inc. · currency: CAD · security: Security interest registered with Alberta Personal Property Registry on December 20, 2013
- secured creditorsnote: Advance of $2 million; also receiving a Receiver's Certificate of $200,000 with first charge against RTF assets (behind only Receiver's fees/costs), interest at prime + 3% · page: 3 · as of: 2011-06-30 · amount: 2000000 · debtor: RTF Financial Holdings Inc. · creditor: 424187 Alberta Ltd. (424) · currency: CAD · security: Security interest registered with Alberta Personal Property Registry on June 30, 2011
- secured creditorsnote: Approximate figure - AFC claims outstanding loan balance of approximately $71 million; security agreement unexecuted · page: 3 · as of: date of the Receivership · amount: 71000000 · debtor: RTF Financial Holdings Inc. · creditor: Assistive Financial Corporation (AFC) · currency: CAD · security: Security interest registered with Alberta Personal Property Registry; agreement was not executed
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.