Ontario · Receivership (court-appointed)
Second Report of the Receiver dated December 31, 2014
Court officer report · 31 December 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: It is the Receiver's preliminary assessment that NCOF will suffer a significant shortfall in the recovery of the secured indebtedness owing to it by CSI, and there will not be any recovery by unsecured creditors or secured creditors of CSI ranking subordinate to NCOF. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: NCOF · creditor name: Norrep Credit Opportunities Fund, LP (NCOF) · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: It is the Receiver's preliminary assessment that NCOF will suffer a significant shortfall in the recovery of the secured indebtedness owing to it by CSI, and there will not be any recovery by unsecured creditors or secured creditors of CSI ranking subordinate to NCOF. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: unsecured creditors or secured creditors of CSI ranking subordinate to NCOF · interim final: unstated · claims qualifier: unstated · stated on: 2014-12-31 · table missing: