Ontario · Receivership (court-appointed)

Motion Record of Romspen Investment Corporation (March 22, 2016)

Application / notice of application · 22 March 2016

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

secured creditorsnote: Amount stated as 'in excess of $88 million' with per diem interest of approximately $27,000 accruing; floor figure per document wording. · page: 7 · as of: March 16, 2016 (motion date) · amount: 88000000 · debtor: Lakes Terminals & Warehousing Ltd., 2254066 Ontario Inc., and other Respondents · creditor: Romspen Investment Corporation · currency: CAD · security: First ranking security over real properties owned by Lakes and 225; credit facilities to Respondents collectively