Alberta · Receivership (court-appointed)
Fourteenth Report of the Receiver (dated June 22, 2020)
Court officer report · 22 June 2020
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: unstated · quote: the Receiver is seeking the Court's approval to make the Fifth Interim Distribution to NBC and AER in the amount of approximately $2.5 million. · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: receiver · amount low: 2500000 · cumulative: false · amount high: 2500000 · class label: NBC and AER · interim final: interim · conditional on: subject to Court approval and the Fifth Interim Distribution being made in accordance with the confidential Distribution Agreement · currency quote: All references to dollars are in Canadian currency. · claims qualifier: unstated; basis: estimated · quote: Non-priority municipal tax claims will not be paid because there are not sufficient funds in the estate to satisfy end of life obligations or the NBC secured claim. · pct of: unstated · outcome: nil · class key: secured · stated by: receiver · class label: non-priority municipal tax claims · interim final: unstated · claims qualifier: unstated · table missing: