Ontario · Receivership (court-appointed)
Tenth Report of the Receiver dated February 18, 2022
Court officer report · 18 February 2022
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: In summary, based on the output of the Liquidation Model, total net recoveries (including cash on hand, Asset recoveries and net of estimated operating costs and professional fees for Asset realization efforts, but excluding Litigation Claim recoveries and related costs) are estimated to be in the range of approximately $701 million to $880 million, representing a recovery range in the aggregate for all Bridging Funds of 34% to 42% of the March 31, 2021 NAV (being the last published NAV Bridging made prior to the commencement of the Receivership Proceeding). · pct of: unstated · outcome: distribution · pct low: 34 · pct high: 42 · class key: equity · stated by: receiver · amount low: 701000000 · amount high: 880000000 · class label: Unitholders (all Bridging Funds, in the aggregate) · interim final: unstated · claims qualifier: unstated · stated on: 2022-02-18 · table missing: