Alberta · Receivership (court-appointed)
Second Report of the Receiver, dated January 22, 2010
Court officer report · 22 January 2010
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: Accordingly, no funds are projected to be available to any other creditor of CONB Development, including to CONB Capital. · pct of: unstated · outcome: nil · class key: secured · stated by: receiver · class label: CONB Capital Corp. (and other creditors of CONB Development) · creditor name: CONB Capital Corp. · interim final: unstated · claims qualifier: unstated; basis: actual · quote: The Receiver understands that the respective mortgages and bondholders were repaid in full and that there may be certain additional funds to distribute to creditors and shareholders, including SCI, which owns up to 6o% of each of the companies. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: receiver · class label: mortgagees and bondholders of Summers Place, Metro West and Hearthwood companies · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: As a result, no funds will be distributed to other creditors, including SCI Finance and SCI Bridge; · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: other creditors, including SCI Finance and SCI Bridge · interim final: unstated · claims qualifier: unstated · stated on: 2010-01-22 · table missing: