Ontario · Winding-up (provincial)

First Report of the Liquidator - April 14, 2021.pdf

Court officer report · 14 April 2021

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

unsecured creditorsnote: HST/deemed liability; disputed by Liquidator via Notice of Objection filed March 23, 2021; prose approximation of $19.5 million (March 18, 2020 letter) and $17.6 million (Notice of Re-assessment dated December 24, 2020) also referenced; interest continues to accrue · page: 5 · as of: 2021-02-19 · basis: Statements of Account dated February 18 and 19, 2021 from CRA, reflecting Revised HST Liability net of ITCs · amount: 14425887.83 · debtor: Ontario Tire Stewardship · creditor: Canada Revenue Agency · currency: CAD