Ontario · Receivership (court-appointed)
Motion Record returnable June 13, 2014
Application / notice of application · 10 June 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 filing1 verified
- recovery outcomeentries: basis: estimated · quote: RBC is projected to incur a shortfall on its advances to the Company. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: Royal Bank of Canada · claims amount: 1340000 · creditor name: Royal Bank of Canada · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: The Receiver anticipates that RBC will incur a shortfall on its advances to the Company and that Mr. Zsemba will not see any recoveries on his advances to the Company. · pct of: unstated · outcome: nil · class key: secured · stated by: receiver · class label: George Zsemba · creditor name: George Zsemba · interim final: unstated · claims qualifier: unstated · table missing: