Ontario · Bankruptcy
Report of Trustee's Preliminary Administration dated June 16, 2011
Court officer report · 16 June 2011
Also filed as: Report of Trustee's Preliminary Administration dated June 16, 2011
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What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: Subject to the potential claims related to SKD's pension plans and any necessary court applications, and based on claims filed against SKD as at the date of this report, the estimated unsecured obligations of SKD total approximately $SS.6 million and there is estimated to be approximatety $6.2 million available for distribution to unsecured creditors of the SKD estate (which amount excludes the Tax Refunds referred to in Section 4 above). · pct of: unstated · outcome: distribution · class key: unsecured · stated by: trustee · amount low: 6200000 · amount high: 6200000 · class label: unsecured creditors of the SKD estate · claims amount: 55600000 · interim final: unstated · conditional on: Subject to the potential claims related to SKD's pension plans and any necessary court applications · claims qualifier: estimated; basis: estimated · quote: Subject to the potential claims related to the Pension Plans and any necessary court applications, and based on claims filed against SKD as at the date of this report, the Trustee estimates that net of costs there will be funds available for distribution to NMC's and z5r5 Nova Scotia's unsecured creditors in the range of $67,5oo and $3.24 million, respectively, assuming also that the transfer of the Tax Refunds discussed in Section 4 above are ultimately authorized by the Court. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: trustee · amount low: 67500 · amount high: 67500 · class label: NMC's unsecured creditors · creditor name: NMC · interim final: unstated · conditional on: Subject to the potential claims related to the Pension Plans and any necessary court applications; assuming also that the transfer of the Tax Refunds are ultimately authorized by the Court · claims qualifier: unstated; basis: estimated · quote: Subject to the potential claims related to the Pension Plans and any necessary court applications, and based on claims filed against SKD as at the date of this report, the Trustee estimates that net of costs there will be funds available for distribution to NMC's and z5r5 Nova Scotia's unsecured creditors in the range of $67,5oo and $3.24 million, respectively, assuming also that the transfer of the Tax Refunds discussed in Section 4 above are ultimately authorized by the Court. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: trustee · amount low: 3240000 · amount high: 3240000 · class label: 2515 Nova Scotia's unsecured creditors · creditor name: 2515 Nova Scotia · interim final: unstated · conditional on: Subject to the potential claims related to the Pension Plans and any necessary court applications; assuming also that the transfer of the Tax Refunds are ultimately authorized by the Court · claims qualifier: unstated · table missing: